belgard motors apply to high court to appoint liquidator

vang

reported in the insolvency journal this evening.

smash

I had heard a few weeks ago that they applied for administration. I guess it didn't work out...

http://www.insolvencyjournal.ie/home_more_details/09-11-13/Provisional_Liquidator_appointed_to_Belgard_Motor_Group.aspx

R.O.R

vang wrote: »

reported in the insolvency journal this evening.

[James May]Ah Cock[/James May]

Crackity Jones

from fxcentre...

Liquidator appointed to Belgard Motors Friday, 13th November 2009 04.54pm
Belgard Motor Group today applied to the High Court for the appointment of a provisional liquidator.
A statement said that the group has experienced "extremely challenging" trading conditions in recent months as a result of the economic downturn and the severe decline in the motor trade.
"The Directors of the group and members of its senior management made every effort to restructure the company to secure its viability. However, these efforts were unsuccessful and the Directors were left with no alternative but to apply for the appointment of a Provisional Liquidator," it said.
Tom Kavanagh of Kavanagh Fennell was appointed Provisional Liquidator to the group.

Drummerboy08

FCUK!

I have a Golf sitting in their workshops with no clocks in it :mad:

R.O.R

Drummerboy08 wrote: »

FCUK!

I have a Golf sitting in their workshops with no clocks in it :mad:

Call them now if they are still open before Lombard reposses everything.

Crackity Jones

R.O.R wrote: »

Call them now if they are still open before Lombard reposses everything.

VW Bank really got here at the wrong time!

Drummerboy08

R.O.R wrote: »

Call them now if they are still open before Lombard reposses everything.

No joy. More sh1te to deal with on Monday now.

BlackWizard

Drummerboy08 wrote: »

FCUK!

I have a Golf sitting in their workshops with no clocks in it :mad:

And it's gone

R.O.R

Drummerboy08 wrote: »

No joy. More sh1te to deal with on Monday now.

Crap. Thankfully we didn't have anything in there for a change.

Got an A4 on order for 2010 with them, but not worried about that as some one else will pick up the order.

jayotala

I worked there for years, sorry to see the place go, thats a lot of good people out of work. Some of my good friends still worked there until now.

buzzard

Put a deposit on a car on Monday....

What's my chances of getting my money back:eek::mad:

Healyc

buzzard wrote: »

Put a deposit on a car on Monday....

What's my chances of getting my money back:eek::mad:

Bit tough to be honest,you will need to call the liquidator to arrange this!

You did get a receipt for the deposited amount?

buzzard

Put a deposit of over 2.5k by cheque though the receipt said at the bottom that "Deposit is non refundable". Tongue in cheek or what

Cunnts probably knew what was happening and still took my money. Will call up tomorrow to check it out.

L1011

Heard very strong rumours of this (work around the corner, eat breakfast in the cafe nearest them whenever I'm not out on the road).


On a horribly vindictive personal note - wonder if "their" petrol station is going to stay open? The ATM is damn handy...

Stevie Dakota

That's a very big casualty, if they can fall anyone can.

alias no.9

buzzard wrote: »

Put a deposit of over 2.5k by cheque though the receipt said at the bottom that "Deposit is non refundable". Tongue in cheek or what

Cunnts probably new what was happening and still took my money. Will call up tomorrow to check it out.

Don't bother calling them, call your bank and cancel the cheque if it hasn't already cleared.

Onearmedbandit

How does a car seller end up with debts of €70 million? It must have been doing something other than just selling cars (or not as it may have been)

buzzard

alias no.9 wrote: »

Don't bother calling them, call your bank and cancel the cheque if it hasn't already cleared.

Cheque hasn't cleared yet but I would expect it to change by Monday. Will let you know how I get on

dublinhead

I bought my first car there, around since 1969..
Sorry to see it go.

seasam

I wonder will anybody take on the Porsche franchise now ?

Does anybody know where these guys are moving to ?
http://motopoint.ie/M9/index.php

L1011

Onearmedbandit wrote: »

How does a car seller end up with debts of €70 million? It must have been doing something other than just selling cars (or not as it may have been)

Glass palace showroom likely paid for entirely by the bank. Two of them in fact, either side of the Old Belgard Road.

dooardbhoy

I heard Motopoint they were moving to old Esmondes site in Goatstown.

Mr. Presentable

Shower of bas7ards. Quoted me €2000.00 for head gasket, sump et al, when all that was wrong was a drop of spilled oil. Their reception area was nicer than most hotels I've stayed in. Sorry for the lads who'll lose their jobs, but the management have had this coming.

MarkN

Will Porsche give the franchise to someone else? Not like there's no other VW/Audi/Mazda dealers... but the Porsche one?

Bit on unfinished business with Belgard myself just not of the purchase order variety.

Not nice to hear of people losing jobs though.

omb0wyn5ehpij9

dooardbhoy wrote: »

I heard Motopoint they were moving to old Esmondes site in Goatstown.

Ahhh so that's who is moving in there. Drove by there today and there was a few cars and bikes around the place

JHMEG

Wow. A family member bought a car from them 2 years ago. Nice show rooms and the young saleslad from Mayo was sound enough. Bit cheeky making customers queue to pay a deposits tho.

Fishtits

MYOB wrote: »

Glass palace showroom likely paid for entirely by the bank. Two of them in fact, either side of the Old Belgard Road.

Because they were insisted on by the marques they were selling...

Where are Merc/VW/Audi now?

Shame on them all.

RedorDead

Fishtits wrote: »

Because they were insisted on by the marques they were selling...

Where are Merc/VW/Audi now?

Shame on them all.

I dont get this?

Mick K

RedorDead wrote: »

I dont get this?

Merc/VW/Audi/Bmw all the way down the line have a certain standard of showroom dealers have to meet,They dont meet it they dont get the dealership.Simple.VW/AUDI/Merc forced this spending on every dealer in the country and now their dropping like flies and no Brand has bailed any dealer out yet.

ishotjd

I'd like to say the following;

To Buzzard,
Of course it says 'deposit non refundable' on your receipt as you where fully expectant that Belgard motors would order or buy in a car, on your behalf that would have cost them a lot more than the 2.5k you left as a deposit. Secondly I can assure you that the staff member that was responsible for taking your deposit was not aware the company was entering liquidation. Becareful before calling people cu*ts from now on !!

To onearmedbandit,
If you could read the news reports correctly it's €17 million not €70 million. Unfortunately this was more a case of the VW group putting an end to Belgard Motors, have a read of the numerous articles in todays papers, in which it states Paul Willis head of VW group Ireland, is not prepared to comment on the rescue plan put forward for the dealership, no interest in the job losses aparently!!

To MarkN,
Good luck with that one, you haven't a hope lad!!

buzzard

ishotjd wrote: »

I'd like to say the following;

To Buzzard,
Of course it says 'deposit non refundable' on your receipt as you where fully expectant that Belgard motors would order or buy in a car, on your behalf that would have cost them a lot more than the 2.5k you left as a deposit. Secondly I can assure you that the staff member that was responsible for taking your deposit was not aware the company was entering liquidation. Becareful before calling people cu*ts from now on !!

To onearmedbandit,
If you could read the news reports correctly it's €17 million not €70 million. Unfortunately this was more a case of the VW group putting an end to Belgard Motors, have a read of the numerous articles in todays papers, in which it states Paul Willis head of VW group Ireland, is not prepared to comment on the rescue plan put forward for the dealership, no interest in the job losses aparently!!

To MarkN,
Good luck with that one, you haven't a hope lad!!

It was a tongue in cheek statement considering what has happened and as for calling them the C word it was a stated towards Belgard and not anyone in particular as the guy I dealt with was very good considering the my experiences of some sales people over the last month. I lay the blame with the mgt of Belgard and now that I could be down 2.5k. Tell me how would you feel if you were in the same situation ?? Your not the one that potentially out of pocket so dont lecture me.

BTW : I am sorry for those who lost their jobs

whippet

I was in with another VW/AUDI/Merc dealer a few weeks ago when I was toying with the idea of changing motors, I bought my current car from Belgard and the sales guy told me flat out that Belgard were in trouble and not to bother getting a quote from them.

I put it down to a sales rep talking crap looking for business, but he obviously knew the score!!

I must say, my dealings with Belgard were excellent, over the space of a few months family members bought 4 new cars from them (not cheap ones either) and would have considered buying from them again !

alexmcred

Buzzard ring your bank today and get the cheque canceled

Drummerboy08

MarkN wrote: »

Will Porsche give the franchise to someone else? Not like there's no other VW/Audi/Mazda dealers... but the Porsche one?

Bit on unfinished business with Belgard myself just not of the purchase order variety.

Not nice to hear of people losing jobs though.

I'd be surprised if any one is brave enough to take on the Porsche franchise tbh. You can count how many new units were sold this year on two hands. Coupled with the expensive warranty jobs that may arise, I certainly wouldnt bother.

Furp

Just heard the new my sister just bought a 2nd hand Golf from them on Wedensday she has not got the log book yet, how do you think she stands, she has the reciept. There is also a car that was traded in.

Do you think she will be ok apart from the warranty.

MarkN

ishotjd wrote: »

To MarkN,
Good luck with that one, you haven't a hope lad!!

Belgard Motors had insurance during the period in question, all that matters.

Sorry to hear you've lost your job if you're one of the staff though.

-Chris-

MarkN wrote: »

Belgard Motors had insurance during the period in question, all that matters.

If it's an ongoing legal case, you're probably better off not discussing it here...

MarkN wrote: »

Sorry to hear you've lost your job if you're one of the staff though.

+1, that's a lot of people to lose their jobs.

As for ishotjd commenting on a company run by JD Murphy? I have the feeling he may be involved alright

If so, welcome ishotjd, and sorry for your job.

VolvoMan

If their service department is anything to go by, they're no great loss to be honest.

biggus

Belgard Bad Karma

Could be similar to this fable below

<fable snipped. If it's not solid enough to be addressed in non-fable form, it's probably better off not being discussed at all>

Above fable may, or may not reflect what actually happened in Belgard

PrettyBoy

What will happen to the stock they have? Will it be auctioned?

car crazy

hi,

well i am one of those who unfortunately lost there jobs so it was a very sad day yesterday...but thanks for the nice comments

volvoman-bit of a silly statement to make you obviously didnt get your way at some point, just hope you dont loose your job at some point! and have someone make an idiotic comment like that...

@ whippet-unfortunately the motor trade in general is experiencing trouble as im sure you have seen on the news...but we honestly didnt know this was going to happen belgard as it was a good company, and we gave 100% to our customers at all times...

@ buzzard-sorry for your prediciment you have every right to be upset, unfortunatelly alot of the staff will be out of pocket in more ways than one believe it or not ...hope you get sorted out tho and any other people who have put a deposit on cars...

as for anyone who has a car in at the moment they will be doing there best to get cars fixed and back to people...i cant make any further comments as i to am usure of what is happeing.

galwaytt

car crazy wrote: »

hi,
well i am one of those who unfortunately lost there jobs so it was a very sad day yesterday...but thanks for the nice comments

...well, I truly am sorry for anyone in your position. BTDT, not nice at all......:(

car crazy wrote: »

volvoman-bit of a silly statement to make you obviously didnt get your way at some point, just hope you dont loose your job at some point! and have someone make an idiotic comment like that.........., and we gave 100% to our customers at all times....

......my experience of Belgard, although infrequent, was alos negative I'm afraid. Bit too much condescension all round I found, and both I, and an awful, awful lot of P-car owners truck our cars over to the UK for service instead. You can take from that what you will, ... The mantra of looking after customers was never so true as now, when the novelty of the shiney 09 plate customers became nothing more than.........ethereal. When the shiney stuff dried up, all the other business had already left/passed them by.

Was the failing from the Motor side, or something else (e.g., like Hogan's ) I wonder........

JHMEG

galwaytt wrote: »

Was the failing from the Motor side, or something else (e.g., like Hogan's ) I wonder........

How long would it take a motor dealer in this climate to clear a €17 million debt (I gather this debt is mostly on capital projects and not stock)? 100 years? More?

mondeo

Father bought a new golf Gti from belgard in 1990'..We never bought anything else of them as they were more expensive then anyone else out there... Nice showrooms, I wandered in many times eyeing up the cars, even the used cars looked brand new! Have heard good and bad about belgard over the years but anyways thats that.

VolvoMan

car crazy wrote: »

volvoman-bit of a silly statement to make you obviously didnt get your way at some point, just hope you dont loose your job at some point! and have someone make an idiotic comment like that...

I'm sorry if you lost your job but if the company was rude to potential customers, are they not entitled to say it?

-Chris-

mondeo wrote: »

Father bought a new golf Gti from belgard in 1990'..We never bought anything else of them as they were more expensive then anyone else out there... Nice showrooms, I wandered in many times eyeing up the cars, even the used cars looked brand new! Have heard good and bad about belgard over the years but anyways thats that.

I don't understand, they were more expensive, but you bought there anyway? Your 19 year old experience is enough to damn them? What's up, exactly?

-Chris-

VolvoMan wrote: »

I'm sorry if you lost your job but if the company was rude to potential customers, are they not entitled to say it?

Absolutely, if the service was crap, let rip here. It's important that if there's critisim here though, that you have information to back it!

mondeo

-Chris- wrote: »

I don't understand, they were more expensive, but you bought there anyway? Your 19 year old experience is enough to damn them? What's up, exactly?

it was the first place we looked at the gti and bought it there and then....afterwards we noticed we paid more then other dealers in around dublin at the time... so what do you do it's too late then. Over the years i've compared their prices to others and they were always more expensive as far as i could see. lovely show rooms though....

unkel

mondeo wrote: »

we paid more then other dealers in around dublin at the time... so what do you do it's too late then. Over the years i've compared their prices to others and they were always more expensive as far as i could see. lovely show rooms though....

Guess who's paying for those lovely show rooms and the free coffee

BostonB

MYOB wrote: »

Glass palace showroom likely paid for entirely by the bank. Two of them in fact, either side of the Old Belgard Road.

unkel wrote: »

Guess who's paying for those lovely show rooms and the free coffee

Whoever bailed out the bank, oh wait thats us...