Norton trouble

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.
 
ntst8 said:
The Norton Motorcycles Ltd website finally has a note about all being in administration.
Strange how long these new fangled things can take to update.
Click to expand...

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
 
MAK said:
Likewise I will not be selling ,but the bigger picture reveals Norton and others would have had only 15 years to go before we all go electric!!!
Click to expand...

Really, is there a deadline for UK manufacturers to stop building internal combustion motorcycles?
 
ZFD said:
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.
Click to expand...

Agreed. The SG Norton’s will not go up in value I’m afraid, they don’t reflect their era which is key for price increase over the long term. For example, certain 80s and 90s Japanese bikes have more authenticity and represent their ‘time’ - something people will value.
 
mdt-son said:
So is there a dispute over TM (again)?? Deja vu. I haven't had the time to read every posting in this tread, but got the impression Metro Bank now owns the TM's? Please recap.

-Knut
Click to expand...
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.
 
mdt-son said:
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
Click to expand...
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.
 
Triton Thrasher said:
The shed you keep the bike in will gain more value than just about any bike.
Click to expand...
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.
 
BritTwit said:
Really, is there a deadline for UK manufacturers to stop building internal combustion motorcycles?
Click to expand...
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!
 
MAK said:
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!
Click to expand...

That date is proposed by the UK Government. It’s subject to debate and negotiation with manufacturers, scientists, economists, Green looneys, etc.
 
MAK said:
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!
Click to expand...

The Green New Deal being pushed by some far left Democrats in the US seeks to end the use of all petroleum in 12 years.
No gas, diesel, or jet fuel.
We'll be back to sailboats to cross the seas.
Also no cows either because they produce flatulence (methane).
 
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
 
I mentioned back in November I think that the rumour mill at my wifes place of work (motorcycle press, varied titles) was gossiping about Norton being in 'serious' financial trouble.

Today's gossip about Norton contains the words 'Honda'! Baffling if true!
 
worntorn said:
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
Click to expand...
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.
 
961al said:
Salesman Ray emailed me in january saying that mcguinness' n todds' race superlights were for sale if i wanted one....they would be converted for road use and cost £45k each....i said no thanks ....
Click to expand...

No? I’d suck one of those up in a heart beat. That’s a guaranteed investment.
 
worntorn said:
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
Click to expand...
Not too many people have a power gen plant near them, so the eco-nazis know that out of sight - out of mind.
Loud, polluting cars are everywhere, so it's easy to convince the public that they must be replaced with "clean" electric vehicles.
This will create a Utopia. It's all a scam.

But, if you figure it out, the eco-nazi's have an answer - replace all the fossil power plants with clean solar and wind power.
The only problem is that this is virtually impossible to do.

We live in a power hungry society that requires "on demand power", whether the Sun is out or not, whether the wind is blowing or not.
Since there is no way currently to store excess electrical energy, what happens at night when the wind is calm?
How much on demand electricity will be available when there are no more fossil power plants.
How much hydo power is available?
Hydo power plants and damns kill fish - another no-no for eco-nazis, how long will hydro plants be allowed to operate.

This whole conversion to "clean" energy hasn't been thought very well.
It's the political activist's version of the fashion of the day.
Don't think it through, just barge on ahead and create chaos.
 

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