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Another Las Vegas Car Dealership Closes
Posted on Wednesday, April 1st, 2009 at 11:50 am | Leave a Comment
By: Las Vegas Now Staff

Centennial Hyundai has announced it is closing its dealership today due to economic conditions.

“This is not a termination of our franchise agreement with Hyundai, this is only a temporary closure, we plan to reopen this store within the next 18-24 months, or sooner as the business climate dictates,” said Superstore Auto Group President John Staluppi.

He also added that 90 percent of their workforce will be retained and will move to one of their other Las Vegas stores.

Staluppi said Planet Hyundai will extend its service hours to accomodate customers. He also added that, “Just like the gaming industry, the auto industry may have overbuilt these last few years as well.”


   
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