[dvnr] BBC News: Norton Motorcycles goes into administration

[robertnorum1953 at gmail.com]

The Scandalous Demise of NORTON Motorcycles ! WHAT HAPPENED?

https://www.youtube.com/watch?v=0ryb8qoIdWM

300,000 Pound tax bill? Just the tip of the iceberg according to this video.

Gardner and company has accrued over 65,000,000 Pounds in financial obligations - apparently half that amount are deposits paid by eager customers - some having paid in full for future delivery.

Poor Norton - over 100 years of exciting motorcycle products with a checkered history of financial mis-management.

Cheers!

-----Original Message-----
From: DVNR <dvnr-bounces+robertnorum1953=gmail.com at casano.com> On Behalf Of Richard Colahan via DVNR
Sent: Thursday, January 30, 2020 9:12 AM
To: Ken Kopec <kopecke1 at gmail.com>; DVNR email list <dvnr at casano.com>
Subject: Re: [dvnr] BBC News: Norton Motorcycles goes into administration

Thanks Ken

Perhaps a basis for a future business school case study: Mr. Bloor's success with Triumph vs. Mr. Garner's struggle with Norton.

Maybe "not dead yet!!"  We'll see...

----- Original Message -----
From: "Ken Kopec via DVNR" <dvnr at casano.com>
To: "DVNR email list" <dvnr at casano.com>
Sent: Thursday, January 30, 2020 6:07 AM
Subject: [dvnr] BBC News: Norton Motorcycles goes into administration


>
> Norton Motorcycles goes into administration
> The famous British motorbike brand was reportedly struggling to pay a 
> £300,000 tax bill.
>
> Read in BBC News: https://apple.news/AUTtAOxlIRSyDUDlF6dHguw
>
>
> Shared from Apple News
>
>
> Sent from my iPhone
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