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-   -   Northtown Ford-Closed and bankrupt? (https://www.cmoc.ca/ford-news-23/northtown-ford-closed-bankrupt-1534/)

MUSTANG GUY 04-20-2005 12:22 AM

I heard by another member on this forum that the owner had to sell cuz he owed too much money to the bank. He found buyers but Ford did not approve them so when the dealership closed the bank took over the dealership and all the cars and the owner left the country and no one knows where he is.

Donno if this is true or not but its the story Ive been told

John_McKean 04-20-2005 05:41 AM

I heard that NTF has a new owner (the same one FoC had earlier turned down). Apparently they plan to reopen in May, but I heard an opinion that they may convert the property to other uses.

Who knows? I just want my GT!

89LXBlack 04-24-2005 02:32 AM


Originally Posted by John_McKean
I heard that NTF has a new owner (the same one FoC had earlier turned down). Apparently they plan to reopen in May, but I heard an opinion that they may convert the property to other uses.

Who knows? I just want my GT!

that's some bad news man, let us know how it works out

SNAKEBITE 04-24-2005 06:08 AM

And your head has not literally exploded yet :banghead: :banghead: I wish you the best!

ZR 5.0 04-25-2005 04:08 PM

Does anyone know of an exact date?

John_McKean 04-29-2005 10:33 AM

My (former and maybe future) salesman was told May 6th by the new owners. He is being interviewed next week.

Darkhorse 04-30-2005 09:27 AM

What ever it is they're doing, they better move faster. Did everyone get their flyer this week? Al Palladini's sent a flyer to the better part of the region announcing that Northtown is closed and of course, they would be more than willing to take on new customers. :bleh:

cobracory 04-30-2005 10:00 AM

I just came here to post that I got the Al Palladini flyer too.

The $29.95 Spring Maintenance looks like a decent deal though.
Oil change with tire rotation. :)

The funny part is the recycle bin in the mailroom at my condo was full of the flyers. :)

John_McKean 05-01-2005 06:25 AM


Originally Posted by Darkhorse
What ever it is they're doing, they better move faster...

I agree - everyone around here (Willowdale) has seen it.
Coupled with the CFTO news story, I imagine almost everyone
thinks they're gone for good.

mstang 11-11-2005 09:08 AM

Northtown is now Yonge-Steeles F/L Sales
 
They should have called it North-Court.

The new owner is Rai Sahi of East-Court F/L and Freeway Ford and Bay F/L as well as Parkway Chrysler and other import stores.

Their sales process is a little different, but they will get the volume that area can support.


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