Go Back   DealershipForum.com > Regional Forums > Midwest Region > Automotive Discussions

Notices

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 11-06-2013, 08:36 PM   #1
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,869
Default Hyundai of Lansing closes their doors

A newspaper report indicates that Hyundai of Lansing closed their doors and Hyundai does not have any immediate plans to appoint another dealer to the market. For the full report - click here

The report indicated the Hyundai dealership was owned by a dealer who once owned two Saturn Dealerships and converted the Lansing location to Hyundai when the Saturn brand was terminated. (She sold the other Saturn location which then became a Nissan point.)

It seems strange to me that a dealer who could survive the loss of two Saturn stores and managed to navigate through 2009 and 2010 would end up having to close a Hyundai store in 2013. There must be more to the story.

If nothing else, wouldn't a Hyundai point in Lansing have some Blue Sky value? Lansing is the sixth largest city in Michigan with a population of 114,000 people - it's not even close to Detroit and doesn't share the same problems that plague the city of Detroit.

I know some Hyundai dealers have complained about allocation issues and the difficulty associated with getting enough cars to sell, but even if there were inventory constraints it would still seem that a single point dealer in a market with 114,000 customers could survive.

Is there more to this story or are there still some markets where dealers are struggling even though the national market seems to be fully recovered?
XDCX is offline   Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Merced Hyundai closes down XDCX Automotive Discussions 4 01-29-2010 08:36 AM
United Hyundai in Las Vegas closes down abruptly XDCX Automotive Discussions 0 01-04-2010 10:05 AM
Great radio interview with the Mayor of Lansing, MI XDCX Automotive Discussions 1 12-02-2008 05:49 PM
Another Chrysler Dodge Jeep dealer closes its doors. nownzen69 Automotive Discussions 3 07-28-2008 07:28 AM


All times are GMT -7. The time now is 11:33 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016