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Peter Stevens dealerships close in Geelong, Ringwood
Peter Stevens dealerships close in Geelong, Ringwood

Herald Sun

time12 hours ago

  • Automotive
  • Herald Sun

Peter Stevens dealerships close in Geelong, Ringwood

Don't miss out on the headlines from News. Followed categories will be added to My News. Two major Victorian motorcycle dealerships closed at the weekend following the collapse of the Melbourne-based Peter Stevens retail group. The stores and showrooms at Peter Stevens Geelong and Ringwood have not been sold and have shut permanently, administrators KordaMentha said. And the City Triumph dealership which closed its West Melbourne showroom earlier this year will also not return. The stores could not be saved although a large portion of the business has been taken over, securing 250 jobs. Dozens of staff at the Peter Stevens sites at Mercer St, Geelong, and Maroondah Highway, Ringwood were only told on Friday of the closure. And customers have been left in the dark over parts and accessories orders. Triumph rider Richard Farrar ordered a $500 part from the Peter Stevens Geelong store but has no idea what's happened to his money. 'They obviously knew they were in trouble when I ordered … and it's bordering on obtaining my money deceptively,'' he said. Peter Stevens went into voluntary administration last month saddled with debt, and last week it emerged that creditors faced losses of over $65m including millions in customer deposits. The company was founded by the Chiodo brothers – Vince, Peter and Steve – in 1970 and grew into a national network of motorcycle stores and dealerships. Flagging motorcycle sales and the cost of living crisis has hit the industry hard in recent years. Some parts of the Peter Stevens group have now been taken over by private company Joe Rascal Group and ASX-listed MotorCycle Holdings. The Joe Rascal Group has will acquire the Harley Heaven stores at Dandenong, Ringwood and Melbourne, as well as Ducati South Melbourne. And Brisbane-based MotorCycle Holdings will take over the Peter Stevens Dandenong and Adelaide sites as well as Savage Motorcycles in Perth and the Harley Heaven dealerships in Sydney, Penrith, Perth and Adelaide. MotorCycle Holdings chief executive Matthew Wiesner said the company would maintain the Peter Stevens and Harley Heaven brands. The deals would mean about 250 employees would keep their jobs, Craig Shepard of KordaMentha said. The administrators said it would assist employees from the closed locations 'during the transition to closure'.

Harley Heaven – exclusive clearance auction in Edinburgh next weekend
Harley Heaven – exclusive clearance auction in Edinburgh next weekend

Edinburgh Reporter

time6 days ago

  • Automotive
  • Edinburgh Reporter

Harley Heaven – exclusive clearance auction in Edinburgh next weekend

Harley Heaven – exclusive clearance auction at Edinburgh store managed by Wilsons Auctions Wilsons Auctions has announced an exclusive Harley-Davidson Clearance Auction on Saturday 28 June. This will be the first of its kind auction event at the Harley-Davidson Edinburgh Dealership, 6 Cultins Rd, Edinburgh, EH11 4DG. A spokesperson said: 'This isn't just any auction, every Lot will come directly from the Harley-Davidson shop and bidding is open to the public. And with plenty of action throughout the day, a food van will be on-site, serving up tasty bites to keep everyone fuelled and ready to bid. 'With over 500 lots going under the hammer, attendees and registered bidders can expect a diverse range of Harley-Davidson assets. Featuring iconic bikes, there will be a Harley-Davidson Street BOB 114 (2024), various models of the Harley-Davidson Heritage Classic, and a variety of Kawasaki motorcycles. 'Not only does this clearance auction offer bidders an impressive choice of motorcycles, but it also boasts an extensive collection of over 200 Lots in merchandise including clothing and riding gear as well as more than 150 Lots of genuine Harley-Davidson parts, helmets, and various fixtures and fittings from the store. Everything must go.' This will also be the last chance Harley-Davidson fanatics can get their hands on Edinburgh Harley-Davidson specific merchandise such as patches, poker chips, and enamel pins. Viewing days take place at the Edinburgh Harley-Davidson Dealership on Wednesday-Friday, (25-27 June) 10am – 4pm. For enquiries or for more information about the auction event on the 28 June, contact Wilsons Auctions Newcastle on 0191 410 4243 or via email [email protected] View Edinburgh Harley Davidson Clearance Auction HERE Create your Auction Account HERE Wilsons Auctions is a family-owned business that has grown to become the largest independent auction company in the UK and Ireland. With an annual hammer total in excess of £620 million, the company manages over 3,200 auctions annually across 19 sites in England, Wales, Scotland, Northern Ireland and the Republic of Ireland. The company offers every category of asset from cars and vans, plant and machinery to global property and general goods. It also has the expertise to deal with more luxurious goods including planes, yachts, gold bars, supercars, designer goods, prestigious watches and the list goes on. For more information about Wilsons Auctions and the upcoming auction, visit their website at Paid advertorial Like this: Like Related

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