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Originally Posted by tb8100 Talked to the local Farmtrac dealer here. He said Farmtrac isn't bankrupt- it's just in receivership, and that it'll soon resurface probably with a different name and color. He also said the warranty is underwritten by other companies. Is this stuff true or is he full of it? |
your local dealer is correct is saying that Farmtrac is in recievership, it has not filed for bankruptsy simply because the reciever does not have the funds to do so.all other is speculation, there are rumors all over the place now and very few have any basis in fact.regardless of what happens in Tarboro NC, it will not relieve the debt the dealer owes Textron, that is a completely seperate issue.if he has not done so, I encourage him to join the dealer group working on these issues.--------------Taxpayer