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Old 14th May 2008, 19:49   #1
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Default Cauvery Ford Bangalore Shut down

Cauvery Ford in Bangalore will no more sell ford cars. The curtains are down and ford is moving to lathangi ford. Heard that Cauvery will sell Honda henceforth.
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Old 14th May 2008, 20:27   #2
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So the better of the 2 Ford dealers is going to sell Honda?
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Heard that Cauvery will sell Honda henceforth.
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Old 14th May 2008, 20:56   #3
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So now the Americans have only 1 dealership each in BLR. Interesting.
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Old 14th May 2008, 21:14   #4
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2 each.
GM has 2 (Sundaram & one near East-End circle)
Ford has 2 (Lathangi & Metro)
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So now the Americans have only 1 dealership each in BLR. Interesting.
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Old 14th May 2008, 21:46   #5
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That is correct. They are going to be a Honda dealer.
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Old 14th May 2008, 23:07   #6
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Lathangi and Cauvery are owned by the same group I think.
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Old 15th May 2008, 00:33   #7
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Quote:
Originally Posted by reignofchaos View Post
Lathangi and Cauvery are owned by the same group I think.
You are right.
Lathangi, Cauvery & Advaith (Hyundai) all belongs to the Same person.
cheers:

Last edited by eclectix 1st : 15th May 2008 at 00:34.
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Old 15th May 2008, 02:25   #8
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Quote:
Originally Posted by eclectix 1st View Post
You are right.
Lathangi, Cauvery & Advaith (Hyundai) all belongs to the Same person.
cheers:
You are omitting Kalyani (or is it Garuda?). And no, they don't belong to the same person, but some of the partners are common.
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Old 15th May 2008, 06:45   #9
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Cauvery, Advaith, Garuda are one group


Lathangi are another - I was under the impression that they were going to be a skoda dealer until Vinayak beat them to it
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Old 15th May 2008, 06:48   #10
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So, GM went from Garuda to Vijay Motors
Ford goes from Cauvery to Lathangi

Garuda took Maruti, and Cauvery takes Honda?

Btw, seems the manufactures are not encouraging more dealers. They just shuffle them I guess.
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Old 15th May 2008, 07:26   #11
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And Ford had recently advertised for dealerships !
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Old 15th May 2008, 11:19   #12
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Quote:
Originally Posted by v1p3r View Post
You are omitting Kalyani (or is it Garuda?). And no, they don't belong to the same person, but some of the partners are common.
I do not know the exact Shareholding pattern, but the majority shareholder in Cauvery, Advaith & Lathangi is a family friend of ours.

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Cauvery, Advaith, Garuda are one group


Lathangi are another - I was under the impression that they were going to be a skoda dealer until Vinayak beat them to it
I dint know he was involved in Garuda also. I'll have to check it up.
cheers:

Last edited by eclectix 1st : 15th May 2008 at 11:20.
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Old 15th May 2008, 13:04   #13
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OMG !! This would mean bad news for me!
When exactly is this happening? Also, is this news confirmed?
I have my car service scheduled for this weekend. No news so far about it being rescheduled.
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Old 15th May 2008, 15:20   #14
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Err....

Lathangi completely separate !!

Cauvery Ford (now Honda), Garuda Maruti and Advaith Hyundai are the same group.

Kalyani Motors is also related but not directly. One of the partners' brother in law is the owner there. they also operate a Bajaj showroom and service centre.

And there is no majority shareholding afaik. The three partners have equal share in each of the three ventures.

I know this because one of the partners is a close family friend.

Last edited by Nikhilb2008 : 15th May 2008 at 15:22.
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Old 15th May 2008, 15:23   #15
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Why does it so happen that its always the better one which closes down?!
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