Visalia - The timing for Frank Serpa, owner of Serpa Motors, could not have been better.
Looking at retirement this year, General Motors'
offer this month to buy out his
stock of Saturn vehicles was an easy choice.
is closing his Saturn dealership on Ben Maddox after five years.
If dealers don't take it, said Serpa
, they could be left with a line of cars in the near future that would be difficult to sell.
is moving his
Kia line of cars from Mooney Boulevard to that site, a move that should be completed within a week.
agreed, saying sales at his
Saturn dealership had fallen from 20 to 30 new cars a month to less than 10.
"Car business is way off.
What I hear is most dealers are having a terrible time," said Serpa
, all three Visalia dealers feel they can "weather the storm" and survive for better days, even though Serpa
said this is the worst he
has seen in his
35 years in the business.
As for Saturn owners, Serpa
will honor warranties at GM dealers.
Any service contracts sold by Serpa
will be honored at his
Saturn comes with a 100,000 mile warranty.
"My customers are my main concern," said Serpa
, who will also continue to operate his
stores in Hanford.
, at some point this year, Serpa
He is working on finalizing his senior management team to work with his son-in-law who is overseeing his Hanford operations.
is downsizing and it appears it will only offer Chevrolet, Buick, GMC
and Cadillac vehicles, and maybe only one model of the Pontiac brand.