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Thread: Norton closed down.

  1. #46
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    Quote Originally Posted by Laava View Post
    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.

  2. #47
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    Quote Originally Posted by Laava View Post
    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.
    There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop

  3. #48
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    The article says it was published today?
    Only a Rat can win a Rat Race!

  4. #49
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    Quote Originally Posted by Laava View Post
    The article says it was published today?
    In Britain that was the first.

    I've seen very little seasonal silliness this year though.
    There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop

  5. #50
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    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
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

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    Only a Rat can win a Rat Race!

  6. #51
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    This is one man's take on the latest developments including those in Laava's post.

    https://www.youtube.com/watch?v=V0uUTgjYaUU
    There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop

  7. #52
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    Yep, pretty sad state...
    Only a Rat can win a Rat Race!

  8. #53
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    Quote Originally Posted by F5 Dave View Post
    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.

  9. #54
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    Yeah I was kinda going for a Delorean gag
    I've been told. Dreaming`s free.
    Think I'll go, back to sleep.
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    Everybody listen, do yours say, what mine says?

  10. #55
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    Superbike Magazine have reported that they have received paperwork from the Companies Office indicating that TVS has started the process of buying Norton.
    There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop

  11. #56
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    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.
    There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop

  12. #57
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    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!...
    Only a Rat can win a Rat Race!

  13. #58
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  14. #59
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    Quote Originally Posted by pritch View Post
    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.

  15. #60
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    Quote Originally Posted by Gearup View Post
    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.

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