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Regarding the G4 Challenge:
Regarding the dealer Trek event:
Original press release: http://tinyurl.com/7co9wcLand Rover has today confirmed that it will cancel the Land Rover G4 Challenge programme in order to focus more on product launches in 2009.
"Given the severity of the global economic downturn and trading conditions, we need to make some tough decisions and that means prioritising our budgets on new product launches. We are disappointed for the competitors who have shown so much commitment and put tremendous effort into succeeding as representatives of their nation. We have and will continue to take swift and decisive actions for the benefit of the business; unfortunately that means the Land Rover G4 Challenge has to come to an early close," said Phil Popham, Managing Director Land Rover.
Popham continued: "We want to thank the suppliers and sponsors who formed an integral role in the Challenge to date. The Challenge played a part in bringing the adventurous spirit of our brand and products to life. We will continue to look at other opportunities which will enable us to engage with our customers and reach new audiences."
A key part of the Land Rover G4 Challenge was its commitment to the International Federation of Red Cross and Red Crescent Societies. The Challenge was utilised as a fund generating activity for the charity, with the aim of generating £1million over the course of the next two programmes. Despite cancelling the Challenge, Land Rover remains committed to this partnership.
Paul Jenkins, speaking on behalf of the International Federation of Red Cross and Red Crescent Societies, said: "The International Federation's partnership with the Land Rover G4 Challenge has already had a substantial impact on the lives of vulnerable people in many countries and we are well ahead of the targets we set. We highly value the support we have received and look forward to strengthening relationships between Land Rover and national Red Cross Red Crescent Societies around the world."
"This relationship is something Land Rover highly values and we are proud that it helps to save lives. We will continue to build on the incredibly successful partnership we have with the International Federation and the funds generated to date prove this success,” said Popham.
Regarding the dealer Trek event:
Original press release: http://www.landrovertrekna.com/home/After much consideration, we have decided to postpone this fall’s G4/TReK event. We have struggled with this decision and have carefully evaluated it from all angles. In the end there are a few key factors that led us to the decision to postpone from this year.
Most telling is the fact that upon announcement of the program, we received enrollments online from 78 interested Retailers – a fantastic and enthusiastic response. In the following months, and most particularly in recent weeks, we have received numerous cancellations from Retailers citing the need to keep the focus on the daily operations of their stores. Those cancellations combined with the several Retailers that did not complete the on-line training requirement netted only 44 qualified teams from that original field of 78.
Additionally, not only are we faced with the on-going task of migrating the business under our new owners, current market conditions strongly indicate that we should invest available marketing funds and efforts into traffic-driving and customer-focused programs. Make no mistake, we do see the value of investing in our employees and understand their integral role in the success of our business. Programs like G4/TReK are part of the Land Rover Way and will continue to be a crucial part of our culture.
Many of our committed G4/TReK teams and Retailers have hosted fundraising activities to support the American Red Cross’ Disaster Relief Fund. Please do not cancel any upcoming planned events. We ask that you continue these events and submit the funds for the American Red Cross effort. We will keep track of your donations and will give credit for your efforts when G4/TReK is rescheduled. Look for further communication regarding the American Red Cross effort later this week.
We will keep you updated on the latest news on TRĕK/G4 in the coming months. We look forward to your support and participation in this uniquely Land Rover adventure.