Triumph Glasgow In Receivership

Discussion in 'Dealers & Workshop Reviews' started by Octoberon, Dec 2, 2020.

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  1. Octoberon

    Octoberon Crème de la Crème

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    #1 Octoberon, Dec 2, 2020
    I've just heard Triumph Glasgow has gone in to receivership. They're a Ducati dealer as well; it's where I bought my Multistrada this year. Don't know about the Triumph side but it's the only Ducati dealer in Scotland as far as I'm aware. It's not huge but a nice environment, and there's a Harley/Indian showroom just opposite for those of a more sedate disposition. A nice venue to meet up and have a look around, either way. I hope they can find a buyer.


    [​IMG]
     
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  2. johne

    johne Standing on the shoulders of dwarves.

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    #2 johne, Dec 2, 2020
    Sad news. :(
     
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  3. Callumity

    Callumity Elite Member

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    #3 Callumity, Dec 2, 2020
    Classic cash flow problem created by lockdown killing revenue but not outgoings. Receivership means it’s viable if you have cash reserves until.......Easter?

    This Government are simply appalling. It’s like medieval bleeding of the patient to cure a relatively minor ailment. The weeping Hancock in Parliament about his family loss is utterly inappropriate for a Minister of the Crown. The step-grandfather of a 42 yr old must have been at least 85 and probably older.
     
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  4. Octoberon

    Octoberon Crème de la Crème

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    #4 Octoberon, Dec 2, 2020
    When I was up there in the summer they were doing more business than ever with pent up demand and cash previously allocated for holidays. Their showroom was practically empty and they were struggling to supply demand. I heard the same thing from a couple of car dealerships as well. Covid has a long tail though and I did wonder whether the landscape would become too arid once that demand dried up.

    I can see a management buy-out for the Glasgow dealer in my business crystal ball. Then again, predicting the future is a tricky game. Can't help wondering how many others are on the edge of collapse. It's not as if margins are great in the industry.
     
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  5. dav.a

    dav.a Well-Known Member

    Jul 29, 2018
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    #5 dav.a, Dec 4, 2020
    Dreadful news, I have bought several bikes there including both my current bikes and have always forund the staff very fiendly and accomodating. The service staff and mechanics have been brilliant with me. It really is dreadful news for each and every one of them. I hope someone takes it on and keeps them in employment.
     
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  6. Davie_M

    Davie_M Active Member

    Jan 24, 2017
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    #6 Davie_M, Dec 4, 2020
    The rumors going about are Ducati Manchester is looking to take them over
     
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  7. joe mc donald

    joe mc donald Joe
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    #7 joe mc donald, Dec 4, 2020
    Sign of the times and bike always get the rough end. I purchased a Bonnie image4.JPG from them a few years ago two days later they delivered it. And as a dealer they went well out of their way to make sure I was satisfied.
    Joe.
     
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  8. Davie_M

    Davie_M Active Member

    Jan 24, 2017
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    #8 Davie_M, Dec 4, 2020
    As i said a rumor not sure if theres any truth in it but it is the only ducati dealer in Scotland
     
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  9. Octoberon

    Octoberon Crème de la Crème

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    #9 Octoberon, Dec 4, 2020
    Wouldn't surprise me. Would they keep the Triumph part as well, do you think?
     
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  10. spony

    spony Well-Known Member

    Oct 21, 2019
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    #10 spony, Dec 8, 2020
    very sad news if true ,my fav bike shop :sob:
     
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  11. spony

    spony Well-Known Member

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    #11 spony, Dec 8, 2020
    very sad news if true ,my fav bike shop :sob:
     
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  12. Stramasher

    Stramasher Senior Member

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    #12 Stramasher, Dec 8, 2020
    hope they get sorted and find a buyer. bought my 1st bike from them this year and have had really good service from them. Known a coupla folk there at Ducati/Triumph for years through various shops and they are good people. People I trust. Fingers crossed.
     
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  13. Octoberon

    Octoberon Crème de la Crème

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    #13 Octoberon, Dec 8, 2020
    It's definitely true, unfortunately. There's a small notice on their own web page as well.
     
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  14. garethr

    garethr Well-Known Member

    Sep 18, 2015
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    #14 garethr, Dec 8, 2020
    Apparently, Hancock's "step grandfather" was actually his mother's third husband's first wife's husband... in other words, some bloke he met at a party once. :)


    https://www.dailymail.co.uk/news/article-9014211/Truth-Matt-Hancocks-step-grandad-died-Covid.html
     
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  15. Davie_M

    Davie_M Active Member

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    #15 Davie_M, Dec 11, 2020
    Bought over by Ducati Manchester looks like they where just clearing debts as the old owner is putting cash into it also moving to different location in 21-22
     
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  16. Stramasher

    Stramasher Senior Member

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    #16 Stramasher, Dec 12, 2020
    Any idea where?
     
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  17. Davie_M

    Davie_M Active Member

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    #17 Davie_M, Dec 12, 2020
    No it didnt say its on the website
     
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  18. Octoberon

    Octoberon Crème de la Crème

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    #18 Octoberon, Dec 12, 2020
    Moving further east may be sensible. It' an accessible location where they are now but there's not much as much west of them in terms of population.
     
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  19. Eddie17

    Eddie17 Member

    Oct 10, 2019
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    #19 Eddie17, Dec 15, 2020
    Hope they stay in the west of Scotland as I got my T100 from them last year . Had a problem with bike but the guy Alan (service advisor) was a good help. They will have the staff to think of too.
     
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