Greenstreak-Andy D Posted January 29, 2020 Posted January 29, 2020 Very sad to hear... Norton Motorcycles goes into administration https://www.bbc.co.uk/news/business-51303905 1 Quote
Ian Kinder (Bagpuss) - Joint Peak District AO Posted January 30, 2020 Posted January 30, 2020 Gutted. Quote
Alan France Posted January 30, 2020 Posted January 30, 2020 They did really well to gain £6.7m in sales, but profits of £33k on that turnover says it all. Quote
MArtin Aldred (neptune) - Club Treasurer Posted January 30, 2020 Posted January 30, 2020 They spent an eye watering amount on R & D and seemed to have struggled without the tax credits that have been long overdue. Such a shame as the new generation of bikes are stunning. Quote
dhutch Posted January 30, 2020 Posted January 30, 2020 Great shame. Maybe they will get another chance, but it seems they when for it hard, nearly got there, but risked too much for it. Quote
dhutch Posted January 31, 2020 Posted January 31, 2020 Seems there was moor going on than the original headlines showed! https://www.theguardian.com/business/2020/jan/30/taken-for-a-ride-how-norton-motorcycles-collapsed-amid-acrimony-and-scandal Daniel Quote
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