Norton trouble
- Thread starter MAK
- Start date
Who owns what of the global TMs needs to be cleared up. Which we will try to do.
As for "increase in price" and "collectors item": That very rarely works with motorcycles, and at best after a good number of years. I remember people buying the limited edition "Norton Classic" rotary in 1988, believing they had an "investment". Even though the bike is actually a good one, and for a number of years spares and service were readily available, these "investors" waited for about 20 years before the bikes got back to their original sales price in value. The same goes for many others from other manufacturers that were hailed as "collectors items" practically from Day1.
Every investment fund investing in an index will do much better for you in 20 years. Add to it the dubious reputation of the 961 for reliability, build quality and parts backup. Add also virtually every one was seemingly a "limited edition" of some description (the all-time inflation of "limited editions"?) and what you get is something you can at best enjoy on the road, but that your purse will probably never benfit from when you decide to sell it.
As for "increase in price" and "collectors item": That very rarely works with motorcycles, and at best after a good number of years. I remember people buying the limited edition "Norton Classic" rotary in 1988, believing they had an "investment". Even though the bike is actually a good one, and for a number of years spares and service were readily available, these "investors" waited for about 20 years before the bikes got back to their original sales price in value. The same goes for many others from other manufacturers that were hailed as "collectors items" practically from Day1.
Every investment fund investing in an index will do much better for you in 20 years. Add to it the dubious reputation of the 961 for reliability, build quality and parts backup. Add also virtually every one was seemingly a "limited edition" of some description (the all-time inflation of "limited editions"?) and what you get is something you can at best enjoy on the road, but that your purse will probably never benfit from when you decide to sell it.
And a very strange notice, I dare say. No background story, no explanation, no vision. What message is communicated to customers, dealers and suppliers? This looks like amateur work to me. It is obvious these guys have no clue (and maybe no interest at all) of the field they are about to enter.
-Knut
There is no dispute over TM.
Not unless all the global TM marks are in schedule 1 of Metro's security agreement, the agreement is online, but not the schedules. The EU & US TM is still owed by Norton America and there is no security listed against Norton America LLc, likewise this information is online and easy to find. So it looks like Metro only own the UK TM, if they do then they have very little of any worth to sell.
The shed you keep the bike in will gain more value than just about any bike.
Not really, administration can also used for further investigation, so at the moment the administrators may not know the full back ground picture themselves. They don't care about Norton, it just another name / TM / business that they are dealing with, they look for mis-management, illegal practices, money laundering etc, and try and build a picture form that so as to sell the company in the future if possible to recover money owned. Three of them have been appointed, with Garners other companies in the mire it will take some to unravel it all. I would expect months, not weeks. If the Norton accountants were any good, then their job would be easy, but the accounts have been shoddy for years.
Or the ground it is built on. I wish I bought Norton's with a similar sum at the same time. The house is edging it at the moment, and the problem is I have a house on the land holding down the value.
MAK
VIP MEMBER
2035 No more petrol, diesel or hybrid vehicles will you be able to buy new.
And they still want to bring it forward.
What about the USA!
Seemingly at the moment.
80% of electricity produced in North America is generated by burning fossil fuels.
That all electric car one purchases is actually powered by coal in many areas.
In other areas it is powered by the burning of natural gas.
In Hawaii it is powered by burning bunker C oil.
Yes, it would be better for the environment just to burn the fossil fuel directly in a modern fuel efficient vehicle, no lithium mine required. That fact is difficult for people to comprehend.
Most think electric vehicles sort of power themselves cleanly somehow. It probably helps create confusion when the manufacturers call them " Zero Emission"
Glen
That all electric car one purchases is actually powered by coal in many areas.
In other areas it is powered by the burning of natural gas.
In Hawaii it is powered by burning bunker C oil.
Yes, it would be better for the environment just to burn the fossil fuel directly in a modern fuel efficient vehicle, no lithium mine required. That fact is difficult for people to comprehend.
Most think electric vehicles sort of power themselves cleanly somehow. It probably helps create confusion when the manufacturers call them " Zero Emission"
Glen
Spot on with this info. My wife is an electrical engineer (power systems) and consulted with a leading auto manufacturer on EV's. Generally speaking, EV's have a somewhat lighter carbon footprint than fossil fuel vehicles, but not nearly as 'zero' as the general public (and EV owners) want to believe.
No? I’d suck one of those up in a heart beat. That’s a guaranteed investment.