SIXTEEN jobs are set to be lost in Newton Abbot after confirmation the Audi motor dealership is to close.

The business, in The Avenue, is owned by Silver Street Automotive which operates seven sites across the south west including Exeter, Plymouth, Barnstaple and Taunton.

No reasons for the Newton Abbot closure have been given and group sales are said to be on the rise.

According to the latest accounts, published on the Duedil.com companies' checking website, the firm reported a gross profit of £554,752.