The depression caused both factories to close in 1930. The Berlin factory re-opened quickly to become an assembly plant for Austin 7's. John North Willys sold his shares in the company in 1929 and resigned from the board. Following continuing losses on car production this was stopped in 1929 to concentrate on the profitable commercials. In 1931, the car business of AJS was purchased but it was too late to turn the company into profitability and, in 1932, Crossley Motors dissolved the partnership with Willys-Overland and WOC went into voluntary liquidation in 1933. Production limped on for another two years with the final production coming in 1934. The factory was sold to Fairey aviation.