Envy Hawaii LLC

Hawaii’s Only Volvo Cars dealership forced to closeHonolulu, HI, December 14, 2017– Hawaii’s only Volvo Cars dealership has been forced to close. Envy Hawaii LLC dba Volvo Cars of Honolulu received a franchise termination letter from the manufacturer, Volvo Car USA late last week.Volvo’s decision to terminate the franchise rights of Envy, comes after a yearlong and ongoing battle in federal courts.In November of 2016, Envy sent a demand letter to Volvo to cure its breach of contract and fraudulent business practices. Volvo retaliated by filing a complaint against Envy in the state of California. The lawsuit filed by Volvo last holiday season came after Volvo lured Envy into thinking an agreement would be reached. The suit has since been dismissed by a federal judge.Envy has struggled to maintain its operations after being severely crippled last January. Envy was not allowed to sell new Volvo’s for nearly a month. On December 20, 2016, Hawaii’s Motor Vehicle Licensing Board unanimously deferred a decision on granting Volvo their distributor license. Envy was notified at the beginning of January 2017 by a letter from Hawaii’s DCCA. Mike Fedotov, the owner of Envy, said “It’s hard to believe that a multinational, multibillion-dollar corporation like Volvo would be so careless and unwilling to help in a situation they caused”, referring to Volvo’s license issue. “After reading the letter from DCCA, I contacted my Regional VP of Volvo, and asked them what are we supposed to do? My employees are worried and my customers think that we, the dealership didn’t have a license. Can you guys please issue a statement to ensure everybody that Volvo is working on the situation and that will be resolved immediately.” said Fedotov. read more http://telegra.ph/Hawaiis-Only-Volvo-Cars-dealership-forced-to-close-12-15