Suzuki shop rumours.

[tri boy]

A small wee birdy fluttered past me today, as it danced around my scone, it whispered, "3 Suzuki franchised shops are closing down in NZ".
It flitted away before I had a chance to find out which shops, or why. And also to let it know it was flying straight towards a salivating tom cat.

Also heard on the grapevine that Holden dealers need to start sourcing their own finance companies in NZ as well.
Dark days, and storm clouds keep gathering on the horizon.

[Pumba]

Doesnt surprise me.

The question is are the shops suhting down or just losing there suzuki frachises (sp?)

When I was in certian bike shop the other day the Darbi accesories rep was there and I overheard a conversation that he was currently touring his sales region (presumably auckland?) collecting up stock for accounts that are well overdue.

[T.W.R]

Four Peaks Suzuki in Geraldine told Suzuki NZ to shove their dealership up their you know what at the beginning of the week.
The place has been under new management for less than a month after the last owner had a stress related heart attack .

[tri boy]

Doesnt surprise me.

The question is are the shops suhting down or just losing there suzuki frachises (sp?)

Closing down, kaputski, say nigh nigh, sell the kids etc etc etc.
Honest little birdie, may the gods of our feathered friends take pity on his munched up carcass.
Receivers will be hiring staff next year. MHO

[Motu]

Dealer margins on Suzuki's are minimal - but makes for a cheap bike to sell.I don't think the Harley dealer in Hamilton misses them one bit.

[slofox]

Dealer margins on Suzuki's are minimal - but makes for a cheap bike to sell.I don't think the Harley dealer in Hamilton misses them one bit.

Back in the day, Honda made a fortune by selling the bikes cheap and charging like a wounded bull for PARTS......read "Zen and The Art of Motorcycle Maintenance".....(good book)

[98tls]

Back in the day, Honda made a fortune by selling the bikes cheap and charging like a wounded bull for PARTS......read "Zen and The Art of Motorcycle Maintenance".....(good book)

Franchised car dealers did and still do,if it wasnt for parts,service,used cars depts they wouldnt exist.

[Finn]

Must I always shine light on all of KB's mistery?

During the great depression, GE had to find new and creative ways to sell their appliances. They decided the only way was to fund (finance) the stock themselves. Along came GE Finance. Recently, GE (worldwide) decided in their infinite wisdom to cease this carry on. Most of NZ motorvehicle retailers (cars and bikes) fund their floor stock through GE. With the removal of such funding, the weak dealers will go.

Add this to a shitty economy, 9 years of poor Government and small margins and there's your answer.

[SARGE]

A small wee birdy fluttered past me today, as it danced around my scone, it whispered, "3 Suzuki franchised shops are closing down in NZ".
It flitted away before I had a chance to find out which shops, or why. And also to let it know it was flying straight towards a salivating tom cat.

Also heard on the grapevine that Holden dealers need to start sourcing their own finance companies in NZ as well.
Dark days, and storm clouds keep gathering on the horizon.

i work as a supplier to the auto industry,, i have lost 2 Mitsubishi dealerships .. a major Ford brand has lost 25 skilled staff and a BMW dealership is in dire straits.. i go into workshops all over town and see 19 mechanics on the floor and 16 of them mopping it ..

bike dealers seem to be doing ok.. as are heavy transport and the marine industry but the auto industry is feeling it

[jrandom]

Time for a cleanout. The strong will survive.

Frankly, it's a relief.

[Hitcher]

There will be bargains to be had. Perhaps there is a cheap V-Strom in my future after all...

[jafar]

Time for a cleanout. The strong will survive.

Frankly, it's a relief.

There will be an awfull lot of casualties & untold greif to get your " relief"
Families are hurting now , christ knows how many more will be caught out

[jrandom]

There will be an awfull lot of casualties & untold greif to get your " relief"
Families are hurting now

O RLY?

All I see is interest rates and commodity prices becoming sensible again.

[Elysium]

Phil Turnbull's was the Suzuki dealer here in Palmy until their unexpected liquidation. That dealership went to Freedom, who were Freedom Honda until they lost that delership to City Honda.

Phil Turnball's case could be just not being managed well. I personaly felt it was not being run well after Phil sold the business and made worse when Steven from service leaved for City Honda.

So I'm not sure if some of these shops going bust is due to the economy, perhaps some aint being managed right.

[Pussy]

O RLY?

All I see is interest rates and commodity prices becoming sensible again.

I very rarely agree with anything you say, mr random, but you've hit the nail right on the head there!