Norton trouble

On the Facebook norton forum, they started a petition to ask Triumph ( Bloom) to buy Norton.
If Triumph or even Royal Enfield were to buy Norton, it would truly become a Thailand or India made motorcycle. I’m out.
 
Voodooo said:
On the Facebook norton forum, they started a petition to ask Triumph ( Bloom) to buy Norton.
If Triumph or even Royal Enfield were to buy Norton, it would truly become a Thailand or India made motorcycle. I’m out.
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I doubt John Bloor has any interest in the Norton marque.
Norton is no threat to Triumph’s business success.
He would have to assume all of the debt that Norton have acquired, and for what?
Right now, He can sell all the Triumph twins his Asian factory can produce.
Zongshen is probably the most likely entity to be interested in the marque.

Although, if the Norton debt is not too great, Bloor could have an inexpensive solution to the 961 issues:
Take the Norton badges and slap them on to a Speed Twin, and call it the Norton Commando 1200.:p
 
The only way Norton will continue is as a Phoenix-ed company, there are just too many liabilities around. Bloor did the right approach with Triumph, bought the Trademark and then went quietly about setting up a brand new Factory and designs with no real link to the past, only once he had a sound foundation did he go retro.
 
As opposed to Norton Motors Ltd/Shenstone in 1991 that had the aero engine side (civilian & military) and the classic spares side (to Andover Norton) to sell the Downington shambles have nothing of commercial interest, i.e. market value to offer. A TM deal is the only one I can imagine, free of all encumberances.
 
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kommando said:
The only way Norton will continue is as a Phoenix-ed company, there are just too many liabilities around. Bloor did the right approach with Triumph, bought the Trademark and then went quietly about setting up a brand new Factory and designs with no real link to the past, only once he had a sound foundation did he go retro.
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I agree.
Bloor got his base product right, established a sound footing in the industry first, then branched out and expanding his product line.
The 961 was never excepted by the industry as a capable, reliable design, it was seen by many dealers as a lark.
SG tried to do too much too quickly, he forgot the old saying: Make haste slowly.

And in reality, Bloor did not want to build the Bonneville twins.
Dealers had many prospective buys asking for a new Bonneville.
The Triumph dealers pressured the factory for years to reintroduce a Bonneville twin.
Bloor gave in to demand, and the twins have been some of the best selling models in their product line since.
 
BritTwit said:
I doubt John Bloor has any interest in the Norton marque.
Norton is no threat to Triumph’s business success.
He would have to assume all of the debt that Norton have acquired, and for what?
Right now, He can sell all the Triumph twins his Asian factory can produce.
Zongshen is probably the most likely entity to be interested in the marque.

Although, if the Norton debt is not too great, Bloor could have an inexpensive solution to the 961 issues:
Take the Norton badges and slap them on to a Speed Twin, and call it the Norton Commando 1200.:p
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I’m not at all interested in a Norton buy out. Especially if the norton brand were to leave the UK. If I wanted a Asian Bike I would of bought one.
 
kommando said:
The only way Norton will continue is as a Phoenix-ed company, there are just too many liabilities around. Bloor did the right approach with Triumph, bought the Trademark and then went quietly about setting up a brand new Factory and designs with no real link to the past, only once he had a sound foundation did he go retro.
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How so? He made the Bonnie’s from day one.
 
Voodooo said:
I’m not at all interested in a Norton buy out. Especially if the norton brand were to leave the UK. If I wanted a Asian Bike I would of bought one.
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Yeah, I hear ya.
I really wanted a UK produced Norton to succeed too.
We'll just have to wait for the next victim to buy the Norton name and start over again.
Maybe Kenny Dreer would be interested in a second go around?:cool:
 
Triton Thrasher said:
Better to have manufacturers in Asia than criminals in Britain.
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At this point, I’m not a buyer. I have the bikes I want. I feel bad that the people that lost their jobs, income, pension, etc. I feel bad for anyone that’s lost out on this as a whole.
The sad part is, this is the shitty world we live in today, people in charge only care about one thing and one thing only, themselves!

we now live in a world where money kills. How could SG point blank say he didn’t know? Bullshit. that’s a insult to everyone, especially his employees and staff.

Part of me, doesn’t want the company to be rescued.
 
Voodooo said:
How so? He made the Bonnie’s from day one.
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LF Harris continued to make the old T140 under licence until about 1985. Meanwhile the new Triumph factory at Hinckley made the Trophy 900 triple/1200 four, the Daytona 750/1000 short stroke triple/ four and the Trident 750/900 triples from about 1991....the Hinckley Bonneville appeared several years later...
 
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Voodooo said:
At this point, I’m not a buyer. I have the bikes I want. I feel bad that the people that lost their jobs, income, pension, etc. I feel bad for anyone that’s lost out on this as a whole.
The sad part is, this is the shitty world we live in today, people in charge only care about one thing and one thing only, themselves!

we now live in a world where money kills. How could SG point blank say he didn’t know? Bullshit. that’s a insult to everyone, especially his employees and staff.

Part of me, doesn’t want the company to be rescued.
Click to expand...
The only good news that will come out from all this is that Companies House will investigate and as they take a dim view of companies going under like this, SG will be banned from holding any company directors position for the foreseeable future. If there is any fraud found then the Serious fraud office will bring criminal charges against him.
 
Bernhard said:
The only good news that will come out from all this is that Companies House will investigate and as they take a dim view of companies going under like this, SG will be banned from holding any company directors position for the foreseeable future. If there is any fraud found then the Serious fraud office will bring criminal charges against him.
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If he had knowledge that the company was funded with money scammed from pensioneers he should be prosecuted. But whoever made up the expression "crime doesn't pay" must not have known about white collar crime.
 
There are lots of ways people like SG can duck n dive and protect themselves (sadly). I would not be surprised if he waltzes off Scott free...
 
Bodger said:
If he had knowledge that the company was funded with money scammed from pensioneers he should be prosecuted. But whoever made up the expression "crime doesn't pay" must not have known about white collar crime.
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Read the "Guardian": who was the guy who put all the pensioner's money into Norton? "Their money was then locked up for five years into three new pension plans controlled by Garner – where the cash was invested in just one asset: Norton shares."
I very much hope he'll be prosecuted and, frankly, am astonished this has not yet happened given the pension ombudsman has already been investigating the matter for over a year.
 
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