NORTON :(

Discussion in 'Lounge' started by mk3golfcab, Jan 29, 2020.

  1. mk3golfcab

    mk3golfcab Well-Known Member

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  2. Spygoat

    Spygoat Well-Known Member

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  3. mk3golfcab

    mk3golfcab Well-Known Member

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    Hopefully someone will take it on! From what I’ve heard Stuart Garner isn’t short of a few bob but is a bit of a slippery eel. Sure he could have sorted it with his personal finances. It’s the staff and people with out bikes who have paid that I feel for. Lot of people not knowing what’s going to happen next tonight :(
     
  4. Spygoat

    Spygoat Well-Known Member

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    I always wonder when I see a story like this. The people behind these companies are not stupid and got where they are by being smart with money. I can't imagine there was any option that made financial sense for Garner besides letting the company go into administration.
     
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  5. mk3golfcab

    mk3golfcab Well-Known Member

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    I think you’re bang on the money there @Spygoat
     
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  6. 1000rr73

    1000rr73 Active Member

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    Very sad news. My local honda salesman left Sussex for a new life in derby with norton end of last year. Not good for him and his mortgage.
     
  7. 1000rr73

    1000rr73 Active Member

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    And as a norton owner, this is particularly sad for me too.
     
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  8. mk3golfcab

    mk3golfcab Well-Known Member

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    Not a great time mate! My old man was on about buying a commando last week too, hoping he still does (used, NOS, or something)
     
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  9. Bpjthornton

    Bpjthornton New Member

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    I have a 961 Commando and have had no end of problems with it. Its been back to the factory countless times. Last time it was there, it was waiting for parts for 3 months. Then I had a phone call from a nice guy in Servicing and Warranty department saying the bike was complete but he recommended collecting the bike as soon as possible. He didn't have to tell me that twice, I already had my suspicions something was wrong at the factory.

    But it is sad news. Its an cool British brand which appeared to be doing well. Its will be missed at the TT, the chrome livery and exhaust note (Aprilia I know) was refreshingly different.
     
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  10. mk3golfcab

    mk3golfcab Well-Known Member

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  11. mk3golfcab

    mk3golfcab Well-Known Member

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    I do wish @nigelrb was here to give feedback on his opinion of the whole thing :( maybe he secretly bought one and is lobbying outside trying to get his money back?
     
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  12. Spygoat

    Spygoat Well-Known Member

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    I do not doubt this at all. Nothing more dangerous than a pensioner with time on his hands and a gripe.
     
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  13. Lozzy

    Lozzy God Like

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    A lot of discussion out there that he used money from invested pension pots to fund Norton....and now the people who invested in the pots can't get their money out obviously.
    Slightly reminiscent of Bob 'falling' off that yacht :rolleyes:
    As per usual the only losers here are the ordinary folks on the ground.
    Bankruptcy etc makes not one jot of difference to the shady goings on especially if you look at the business and financial histories of many so called wealthy entrepreneur's o_O
     
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  14. TheMickster

    TheMickster Active Member

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    I was looking at a bit of a career change when they were recruiting, and was considering starting at the bottom again with one of the assembly jobs, with a view to moving up to engine build etc, but now I think I dodged a bullet by giving it miss.
     
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  15. sps170373

    sps170373 Moderator
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    As nice as the bikes are they are out of reach new to most people, shame as I’d give a kidney, arm and leg to have the v4rr n carbon
     
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  16. mk3golfcab

    mk3golfcab Well-Known Member

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    £28 mil! What the fuck has he been spending it on? Oh yeah; astons and a champagne lifestyle
     
  17. Selmer50mark

    Selmer50mark Elite Member

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    Norton should of been looked into before it got this bad :eek:
     
  18. mk3golfcab

    mk3golfcab Well-Known Member

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    100% MCN supposedly had a few people tell them but preferred to nosh SG off instead
     
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  19. sps170373

    sps170373 Moderator
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    Hopefully he hasn’t left the country! I think one SG may be looking at a long sentence for fraud amongst other charges

    don’t fancy his chances in the shower block
     
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