Higer bus owners may be a little nervous with the news that the brand’s distributor has been placed in administration.
According to a notice on the ASIC website, WMC, the Australian Higer bus distributor has been placed in administration and is in the process of being wound up.
Once the fastest growing and highest selling non route bus brand in Australia Higer has been on a slide for the past few years since a change of management and personnel put the company on a different tangent.
Truck and Bus News contacted WMC for a comment today but we were told, “the CEO was not in the office, he is setting up a new business in China”.
The ASIC website shows the combined notice of appointment and first meeting of creditors of company under administration was posted on 2 October 2015 with the meeting of creditors this morning(13 October) at 9.30am at the offices of the administrators, BDO in the Sydney CBD.
According to industry sales data, Higer recorded just two new deliveries in September in Australia with a pair of RoadBoss models sold, a 10.5 metre to a Victorian operator and a 12.5 metre unit to a Queensland operator. Numbers for the smaller Munro buses were not available but truckandbus.net.au understands there is extensive stock of the small buses sitting in the company’s holding yard at Milperra in Sydney’s west.
The ASIC notice also lists JAC Motors Pty. Ltd. and White Motor Corporation Pty Ltd as part of the same administration action.
Truck and Bus News has attempted to contact the administrators however at the time of posting our call had not been returned. We will continue to pursue the administrators for more information to help Higer owners all over the country understand the situation better.