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Worrying times for LDV dealers
Page 51
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LDV dealers are WV VAN DEALERS are becoming worrying about LDV dealers are WV VAN DEALERS are becoming worrying about
Levels of debt,
unspecified increasingly worried over debt, withdrawn van warranties and potential redundancy as the future of the van-maker teeters on the edge of a precipice.
withdrawn David Lewis, chairman of the Dealer manufacturer Council representing the LDV Dealer Association and a regional director of
warranties and
Imperial Commercials, says the situation the looming is serious. He adds: "They are concerned spectre of over money owed by WV to the dealers, redundancy. and they don't know if they'll get anything Words: Kevin Swallow from the administrator," he says.
PricewaterhouseCoopers, the appointed administrator, has also withdrawn the manufacturer's warranties, adding to further concerns on delivering customer support. "There are also worries over staff facing redundancy," Lewis adds.
He believes the majority of the 132 dealers have other franchises, so while it's difficult, it's unlikely anyone will be put out of business. "For most dealerships it is not their core business, it gives them time to look at other van franchises," Lewis says.
Multipart Solutions, which provides OE LDV and VANfit parts to LDV dealerships, assures operators that supply is not affected by the van-maker's administration. •