SangYong in receivership.....

flatcoat replied on 26/12/2020 12:43

flatcoat

Posted on 26/12/2020 12:43

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.....

6 replies

RedKite replied on 26/12/2020 14:12

Member

RedKite

Caravanner

Posted on 26/12/2020 14:12

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 replied on 26/12/2020 14:14

Member

RedKite

Caravanner

Posted on 26/12/2020 14:14

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 replied on 26/12/2020 15:45

Member

flatcoat

Caravanner from West Yorkshire

Posted on 26/12/2020 15:45

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

RedKite replied on 26/12/2020 16:03

Member

RedKite

Caravanner

Posted on 26/12/2020 16:03

Sorry duplicate post and only pressed once.

lornalou1 replied on 26/12/2020 19:58

lornalou1

Caravanner from Lancashire

Posted on 26/12/2020 14:14 by RedKite

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.

Posted on 26/12/2020 19:58

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

1 person likes this