SangYong in receivership.....

flatcoat
flatcoat Forum Participant Posts: 1,571
1000 Comments
edited December 2020 in Towcars & Towing #1

Be aware anyone looking to buy a new tow car the parent company in India of SangYong are in receivership. Unable to make loan payments..... this is the 4th time in 25 years they have gone bust or been taken over to stave off bankruptcy. I would be wary of investing my hard earned dosh until there is news of a bailout. `so what with Mitsubishi pulling out of the UK, SSangyong and with Subaru sales on the floor at less than 1000 in the past year they too cannot be long for this world in the UK.....

Comments

  • RedKite
    RedKite Club Member Posts: 1,717 ✭✭
    500 Likes 1000 Comments Name Dropper Photogenic
    edited December 2020 #2

    We know somebody in the UK has just changed his 3 year old Tivoli for a 2121 Tivoli he will not be happy only got it on the 23rd.

  • RedKite
    RedKite Club Member Posts: 1,717 ✭✭
    500 Likes 1000 Comments Name Dropper Photogenic
    edited December 2020 #3

    We know of friend of a friend that has just on the 23rd changed his 3 year old Tivoli for a 2121 Tivoli and nothing was said to him.

  • flatcoat
    flatcoat Forum Participant Posts: 1,571
    1000 Comments
    edited December 2020 #4

    I wouldn’t expect they have been told, the salesman is probably not aware. 

  • RedKite
    RedKite Club Member Posts: 1,717 ✭✭
    500 Likes 1000 Comments Name Dropper Photogenic
    edited December 2020 #5

    Sorry duplicate post and only pressed once.

  • lornalou1
    lornalou1 Forum Participant Posts: 2,169
    1000 Comments
    edited December 2020 #6

    how did they get a new vehicle 100 years before its out. wow.  

  • RedKite
    RedKite Club Member Posts: 1,717 ✭✭
    500 Likes 1000 Comments Name Dropper Photogenic
    edited December 2020 #7

    Oops should be 2021 did not have my glasses on heyho it is Christmas.

Categories