Hi, I happen to work for Nepean Motor Group & yes they have appointed Administrators & receivers, the finance company behind us is Esanda not GE & they have handed over control to Grant Thornton Receivers.
As such it is "business as usual" for the moment, the dealership is on the market, so we are waiting for new owners.
We have been assured our pay entitlements are safe & trading is slowly being restored with the manufacturers, they held a creditors meeting in Sydney today.