Norton closed down.

[sidecar bob]

Well this is interesting, might be a resurgence from an unexpected direction!
https://www.motorcyclenews.com/news/norton-motorcycles/

That's probably the most expected outcome of all. They were already involved in engine production.
It wouldn't have saved Norton from going broke, not if 7/8 of the money from the Chinese went in Garners personal account, which is the most likely scenario.
These arseholes are full of nasty surprises, I doubt this is the last one.

[pritch]

Well this is interesting, might be a resurgence from an unexpected direction!
https://www.motorcyclenews.com/news/norton-motorcycles/

The only thing that bothers me about that is the date of the item.

[Laava]

The article says it was published today?

[pritch]

The article says it was published today?

In Britain that was the first.

I've seen very little seasonal silliness this year though.

[Laava]

Hard to say what is going on here but Stuart Garner has resigned as director and the same day Susanah Garner is appointed director. No matter what, you can be sure this is as dodgy as fuck. So far the only customers who have gotten their money back seem to be from credit card deposits.

GARNER, Susannah
Correspondence address
Donington Hall, Castle Donington, Derby, Derbyshire, England, DE74 2SG
Role Active
Director
Date of birth
August 1986
Appointed on
11 March 2020
Nationality
British
Country of residence
England
Occupation
Administrator

GARNER, Stuart James
Correspondence address
Donington Hall, Castle Donington, Derby, United Kingdom, DE74 2SG
Role Resigned
Director
Date of birth
November 1968
Appointed on
31 March 2015
Resigned on
11 March 2020
Nationality
English
Country of residence
England
Occupation
Chief Executive

[pritch]

This is one man's take on the latest developments including those in Laava's post.

https://www.youtube.com/watch?v=V0uUTgjYaUU

[Laava]

Yep, pretty sad state...

[Stylo]

Don't be despondent , sometimes these things take a while. Heck my Dad has an order in for a car that's been quite some time. He got sick of these rusty jap boxes, so apparently this one comes with a Stainless Steel body. Never rust he says. Thinking about it I was a teenager when he placed the order. . .

I remember my dad poring over the brochures for the new Mazda 808 must have been 1976 ?

Our EJ Holden was getting tired so he decided to buy a Hillman Hunter . Buying British was always the right choice.

[F5 Dave]

Yeah I was kinda going for a Delorean gag

[pritch]

Superbike Magazine have reported that they have received paperwork from the Companies Office indicating that TVS has started the process of buying Norton.

[pritch]

TVS have bought Norton for sixteen million quid. I hope they did their due diligence and know what they are getting. Otherwise though I wish them well.

[Laava]

https://www.superbike.co.uk/article/...-to-buy-norton
Hope it works out. Apparently all the staff get to keep their jobs. That is, if they haven't already got a new job and/or they haven't been left with a bad taste in their mouths!...

[Berries]

Also...

https://www.bbc.com/news/uk-england-...shire-52331528

[Gearup]

TVS have bought Norton for sixteen million quid. I hope they did their due diligence and know what they are getting. Otherwise though I wish them well.

Didn't know much about TVS except their entrance into the Dakar rally in 2015. I've just had a read up on them, they certainly appear to have the ability to turn things around for Norton.

[sidecar bob]

Didn't know much about TVS except their entrance into the Dakar rally in 2015. I've just had a read up on them, they certainly appear to have the ability to turn things around for Norton.

Anyone not stuffing their own pockets with investor & client funds stands a better chance than the last bloke.