Luego press Release 22nd April 2006

Viento, Velocity & Locost

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Luego press Release 22nd April 2006

Postby BradW on Mon Apr 24, 2006 5:46 pm

Luego Press Release 22/04/2006

Luego Sports Cars Ltd, has had to cease trading in its current capacity! We would like to thank all the support of the customers and the magazines over the years. Sorry to all you Luego owners however we have had a very difficult couple of years due to ever increasing LSIS manufactures coming into the market and giving this fantastic product away for nothing. Luego could not go down the route of decreasing the product quality like some of the other manufacturers!
We have attempted to hang in there for as long we could however things did not change. We have done our best to full fill any orders however there may a few that have not been totally full filled. If these are on a credit card payment please contact your credit card company.
The Legal team dealing with this is on 01733 235253.
Sorry for any inconvenience this may have caused.
Regards The Team.


We at Locost SA were very sad to receive this news, the UK market has become very competitive and the increasing number of 'back yard' producers are seriously affecting the professional manufacturers.

We have the facilities to support both the current builders and any prospective new builders, our local chassis is of equal or higher standards to the Luego ones, and we can provide most parts for the Luego chassis. We will continue to support fully any current Luego builders.

Locost SA
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Postby Slaine on Wed Apr 26, 2006 7:13 pm

Any concerns for those of us with the Luego chassis?
Pierre Roux
------------------------
Luego Locost 13B Rotary Turbo
http://seven.dfx.co.za/ my car,
http://www.openwater.co.za/ my other hobby...
http://www.ozone.co.za/ - and something to pay for it all...
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Postby BradW on Wed Apr 26, 2006 9:11 pm

Hi

No concerns at all, we can produce any of the Luego parts locally if required.

Brad
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Postby Gerrie on Fri May 19, 2006 10:18 pm

Great news, just read on Locostbuilders UK website about anouncement from Luego Sportscars, been taken over by Dean & Joe, will be trading from different premises - the great name lives on :D

Cheers

Gerrie
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