Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: immx on 22 February 2009, 13:56:17

Title: Local Dealers
Post by: immx on 22 February 2009, 13:56:17

I Just went onto my local VXL dealers website to see the opening hours and there was a simple web page there stating

"PNG (In Administrative Receivership)

Myles Halley and Mark Orton were appointed as Administrative Receivers on Friday 30 January 2009. PNG ceased trading on this date"

 Another one gone! :(

Title: Re: Local Dealers
Post by: Proz on 22 February 2009, 14:00:43

Does this mean Vauxhall has gone belly up  :-/

Title: Re: Local Dealers
Post by: philhoward on 22 February 2009, 14:08:00

Nope - just another dealer/group has.  Their problem has always been having several thousand quids worth of stock...which deperciates like a stone every day..

Probably been running on the credit knifedge for a while - now credit has dried up, so has the cashflow...

Title: Re: Local Dealers
Post by: albitz on 22 February 2009, 14:18:12

Which dealer was it ?

Title: Re: Local Dealers
Post by: immx on 22 February 2009, 14:40:24

PNG in Walthem Cross

Title: Re: Local Dealers
Post by: albitz on 22 February 2009, 14:42:51

 :y thanks,I wonder if Underwoods will buy them out,they have taken over most of the vx dealers near me in recent years. :-/