Edenton Motors to close Oct. 27
By Miles Layton
Tuesday, October 10, 2017
EDENTON — Edenton Motors on North Broad Street is closing after a quarter-century of auto sales.
Ken Kadet, a spokesman for Element Fleet Management, Edenton Motor’s owner, said the dealership will be closing Oct. 27
“Element Fleet Management is closing Edenton Motors because it was no longer an ideal fit with Element’s focus as a fleet management company, and only after an extensive and extended search to find a qualified buyer. We would like to thank Edenton Motors employees and customers for their support of the dealership,” Kadet said.
Kadet said Edenton Motors has marked down prices on all new and used vehicles in an effort to sell as many possible before the dealership closes. Any GM new vehicle warranties will be honored by other GM dealerships, he said.
Twenty-seven employees who work at Edenton Motors will be affected by the dealership’s closing.
“We are supporting local efforts to connect employees with jobs, and some staff may be considered for remote positions in our fleet management business,” Kadet said.
Soon after the company announced its plans to employees on Oct. 4, the Edenton Chamber of Commerce and the Northeastern Workforce Development Board's rapid response team began assisting employees. The rapid response team included agents from NCWorks, the Chowan Department of Social Services and College of The Albemarle.
NCWorks showed Edenton Motors employees how to do internet searches to locate potential jobs and employers while DSS explained possible benefits they may be entitled to receive. COA provided information about educational programs.
“This is a huge blow to the community. We're hoping we can get them all placed,” said Win Dale, executive director of the Edenton-Chowan Chamber.
Element has no plans to sell its other dealerships — Williamsburg Motors and Commercial Truck Center of Virginia — both located in Virginia.
“Both businesses provide key services in support of our core fleet management business,” Kadet said.
Eric and Anne Michelle Feyer of Feyer Ford commented on Facebook late Wednesday how they feel about the loss of jobs.
“We, like most of you, have heard the news of Edenton Motors’ closing at the end of this month. We wanted to say that as business owners in our small town, we are saddened by this news. No one likes to hear of a business closing and people losing their jobs,” the Feyers' said.
Feyer Ford had made efforts to purchase its longtime competitor.
“For those who have asked or those who are wondering, yes, we have heavily pursued buying Edenton Motors with the intention of keeping it open. Our initial hope was that we would be able to reach some sort of agreement immediately, so that no one currently employed there would lose their job,” the Feyers said.
Despite the Feyer family's best efforts, Element apparently isn’t interested in selling the dealership.
“Unfortunately, neither the company that owns Edenton Motors, nor General Motors has expressed to us any interest that they are willing to sell to keep the store open,” the Feyers said. “Despite our interest, buying Edenton Motors does not appear to be an option at this time. We hope for the best for all Edenton Motors’ employees and for all businesses in our town moving forward.”