SIVYER Holden Closing Down ?

csv8 · 10-12-2006, 10:57 PM

Does anyone know why Sivyer Holden Brisbane is closing down?
They cann't be losing money, because dunnydores are selling very well.
Seems odd a profitable dealer is closing down?

Pedro · 11-12-2006, 12:29 AM

Quote:

Originally Posted by csv8

Does anyone know why Sivyer Holden Brisbane is closing down?
They cann't be losing money, because dunnydores are selling very well.
Seems odd a profitable dealer is closing down?

When you state they're closing down ... have they left the site or what?
Their web site is still active.

GOLDIE · 11-12-2006, 08:28 AM

I have heard the holden did not renew there franchise agreement.

I did not hear why this has happened.

Ian

GXL078 · 11-12-2006, 09:57 AM

Post the question on one of the HOLDEN forums, they might have more of an idea.

Wally · 11-12-2006, 10:46 AM

http://www.news.com.au/couriermail/s...4-3102,00.html

csv8 · 11-12-2006, 10:53 AM

Quote:

Originally Posted by Wally

http://www.news.com.au/couriermail/s...4-3102,00.html

Thanks for that. Be could if a FORD dealership opened. Need one in that area.
Toyota is just down the road, so it won't be them or Nissan as they are also just up the road.
Cann't see why HOLDEN wouldn't renew the franchise, must be more to it than said.

mowog · 11-12-2006, 11:03 AM

Quote:

Originally Posted by csv8

Thanks for that. Be could if a FORD dealership opened. Need one in that area.
Toyota is just down the road, so it won't be them or Nissan as they are also just up the road.
Cann't see why HOLDEN wouldn't renew the franchise, must be more to it than said.

Denmac Darra are only 5 minutes down the road from there as well I cant see another Ford dealer setting up shop that close.

GXL078 · 11-12-2006, 11:09 AM

Just read that article. The ad said "Holden means a great deal to Australia" . Too bad it is not reciprocated.

csv8 · 11-12-2006, 07:18 PM

Quote:

Originally Posted by mowog

Denmac Darra are only 5 minutes down the road from there as well I cant see another Ford dealer setting up shop that close.

DENMAC might, they also at EBBW Vale

Pedro · 11-12-2006, 07:46 PM

[QUOTE=csv8]Thanks for that. Be could if a FORD dealership opened. Need one in that area.
Toyota is just down the road, so it won't be them or Nissan as they are also just up the road.
Cann't see why HOLDEN wouldn't renew the franchise, must be more to it than said.[/QUOTE]

That's for sure. It just doesn't make business sense to close a successfull dealership.

S3SR · 11-12-2006, 10:00 PM

maybe they're moving all the dealerships to korea, like telstra and india??? never know

its a shame that the third best performing dealership is crushed...wtf holden or ford i didnt expect that to happen ...

coyote · 11-12-2006, 10:23 PM

Well if the person that I just spoke to is right the following may be considered.

Syviers were told to spend 5 million redeveloping the site to guarantee the renewal of their Franchise.

Rick (considering retirement) basicly said get stuffed, the car industry is not the place to invest copious amounts of money at the moment.

Major capital influx for little return, I don't think so.

They own the land, it does not take too much imagination to consider the value of that land for redevelopment of you bulldozed it.

I can see Residential and commercial development, If there is a car yard left you can bet it is on leased.

Most of the support staff have already got new jobs check Zupps and other local establishments. I would NOT expect Denamc or any other major franchise to take a punt with their dwindling margins. The only winner out of this will be Eagers who may regain a little of the sales they have lost to Syviers in the past 12 months, but with the pressence of Zupps probably not.