I'm not surprised. The "pile 'em high and sell 'em cheap" type dealer business model went to the wall with the demise of Carnells and Motorcycle City.
Oh, that and there's a downturn in the market. Big bike sales are plummeting and the only reason that 2 wheel registrations as a whole are holding up is a huge increase in sales of scooters and mopeds. It stands to reason that the profit margin on a £10grand motorbike is higher than a £2grand scutter.......
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Here is a Link -Originally posted by northernladuk View PostI ride a bike and I haven't fookin clue who that is.
George White goes into administration - | Motorcycle News | Bike News | Motorbike Videos | MCN
Here is a quote
George White Motors, the UK’s leading motorcycle dealer group, has gone into administration this morning, MCN has learnt.
Rumours of the closure began circulating early this morning with suggestions that staff at its dealerships in Swindon, Plymouth and Torbay had been made redundant.
The shock news was then confirmed at around 11am to MCN by owner Steve Gannicott who said the group had ceased trading and had filed a notice of intention to appoint administrators.
George White had established itself to become the UK’s biggest motorcycle dealer with motorcycle stores in Swindon, Plymouth and Torbay selling bikes from Honda, Yamaha, Kawasaki, Suzuki and the Piaggio group and clothing outlets in Swindon, Plymouth, Bolton, Donington and Slough
MCN will be bringing more on this story as soon as we have it. The full story will be in next week’s Motorcycle News, out Wednesday January 25Leave a comment:
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I bought my last VFR800fi from George White (new in 2001).
I traded in a Bandit 1200 that was 6 months old and got £350 less than i paid for it, and the VFR at £500 off list, with delivery included. They must have been shifting at less than they were making.Leave a comment:
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For the motorbiker here...........
George Whites called in the administrators this morning....
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