ACL IN LIQUIDATION: FAMOUS ENGINE BUILDER TO FOLD ?

Australian Automotive and aftermarket performance parts manufacturers ACL have gone in to voluntary liquidation. The company which was born out of the famous Repco brand - the people responsible for Sir Jack Brabham's world championship winning engine and Formula 5000 power units - filed for liquidation today leaving 200 jobs in doubt. The liquidation comes only two month after an injection of Seven Million dollars of taxpayer funds.