from the commando on, looks like triumph eventualy got their

Re: from the commando on, looks like triumph eventualy got t

andychain said:
Talking of capital I wonder how much Norton owner paid for the stately pile...might have
been better invested in producing bikes....or have I got the wrong end of the stick.
Click to expand...

To produce bikes and also manufacture parts (as they do) really did require somewhere larger than the industrial unit they were in originally. A lot of comments have been made regarding the purchase of Donington Hall but it was the Hastings building which went with it that now forms the main part of the new Norton "factory" and the hall is only a stone's throw from the original unit, probably plenty of room for further expansion and I bet he got it cheap, after all, who else would want it!

To put it another way, if SG had bought "Hastings House with an old mansion building thrown in on the cheap" would there have been anywhere near as much fuss made about it?
http://www.leicestermercury.co.uk/Norto ... story.html

The hall itself is now an event venue: http://www.doningtonhall.com/
 
Re: from the commando on, looks like triumph eventualy got t

Garner bought Donnington Hall for a song with promises that there would be new jobs and a new industry. Don't forget he has other business interests he could move there also! The previous owners took a huge loss, Garner may well have made a brilliant move, only time will tell !
I don't think he got rich making stupid moves!

And don't forget the location is perfect!
 
Re: from the commando on, looks like triumph eventualy got t

Worth repeating here

Well well a £6 million loan from UK Gov the similarity to DeLorean grows :D :D :D :D :D
 
Re: from the commando on, looks like triumph eventualy got t

andychain said:
Worth repeating here

Well well a £6 million loan from UK Gov the similarity to DeLorean grows :D :D :D :D :D
Click to expand...

There wasn't any £6m LOAN from the UK government. :roll:

https://www.gov.uk/government/news/firs ... otorcycles
It is one of four trade finance schemes promised as part of the Trade White Paper, a key part of the Plan for Growth. Under ExEFG, the high street bank Santander is lending £625,000 to Norton.
Click to expand...
 
Re: from the commando on, looks like triumph eventualy got t

One of the posts on here said UK Gov loan.

Dont we own major part of Santander?

Andy


Only jealous £6 million loan would be handy at mo
 
Re: from the commando on, looks like triumph eventualy got t

Sorry apparently it was garanteed by UK Gov according to the post!!!!!! :D :D :D :D :D
 
Re: from the commando on, looks like triumph eventualy got t

andychain said:
Sorry apparently it was garanteed by UK Gov according to the post!!!!!! :D :D :D :D :D
Click to expand...

http://www.themanufacturer.com/articles ... ew-scheme/
Under the ExEFG, accredited lenders have the security of a government guarantee, whereby if the company receiving the loan becomes insolvent, 60% of the money lent is then repaid to the lender by the Government. The scheme is designed to reduce risk for both the business and the lender.
Click to expand...

Yes, in 2011, and Norton hasn't become insolvent, so let's move on.
 
Re: from the commando on, looks like triumph eventualy got t

L.A.B. said:
andychain said:
Sorry apparently it was garanteed by UK Gov according to the post!!!!!! :D :D :D :D :D
Click to expand...

http://www.themanufacturer.com/articles ... ew-scheme/
Under the ExEFG, accredited lenders have the security of a government guarantee, whereby if the company receiving the loan becomes insolvent, 60% of the money lent is then repaid to the lender by the Government. The scheme is designed to reduce risk for both the business and the lender.
Click to expand...

Yes, in 2011, and Norton hasn't become insolvent, so let's move on.
Click to expand...
Sadly some people seem incapable of moving on and keep on repeating the same old nonsense.
:roll:
 
Re: from the commando on, looks like triumph eventualy got t

Sorry LAB but you cannot ignore the crap that is appearing on the forum regarding the issues
around Norton. Forget my issues with Norton over parts supply and my willingness early in
the day to purchase, the horror stories have to be addressed at some point by Norton and
apart from a piece early on in the forum which apparently raised more questions than answers
there has been a deadly silence.

I am British and would like Norton to succeed, yes I know I sell German chain but the reason is
quality and my liking to sleep soundly.

Andy :evil: :evil: :evil: :evil: :evil: :evil:
 
Re: from the commando on, looks like triumph eventualy got t

andychain said:
Sorry LAB but you cannot ignore the crap that is appearing on the forum regarding the issues
around Norton.
Click to expand...


You're right, there has been a lot of crap appearing on the forum.
Now can we finally, move on?
 
Re: from the commando on, looks like triumph eventualy got t

Just to finish off,I was recently at the Norton Factory and was told by Simon Skinner that the government was going to loan Norton 4.25 million.Then you read on norton_ceo twitter his was in London talking finance etc .
 
Re: from the commando on, looks like triumph eventualy got t

just scratching the surface here and had a look at the twitter site,

all comes across like their is some strange disconnect going on,

you can't beat readily available info on the net
 
Re: from the commando on, looks like triumph eventualy got t

Britfan60 said:
I''m curious. How many of the previous posters actually own or even test ridden a 961?
Click to expand...

Good point. I recently purchased a 961 Sport. I cannot speak regarding a Triumph triple, but I can speak regarding the following bikes:

Ducati - 696, GT 1000, 1098 Street Fighter, 1200 Evo
BMW - R1200R, K1300S, R1200R Jahre
Triumph - Thruxton

All these bikes I have owned. Some of them much faster than the 961 (1098 Street Fighter and K1300S). I can emphatically state that the 961, so far, is the most enjoyable bike I have ever ridden. I don't think the 961 competes with any of these bikes. It's in a class by itself (for better or worse). I equate it with listening to vinyl records on a hand built turntable through a 300B Triode 8 watts per channel amp. On paper, stuff costing 10 times less has better specs. Like a 300B, for some reason, and not one of nostalgia, the performance is sublime. P.S. I road a Tiger the other day, and intend to make it my everyday bike.
 
Re: from the commando on, looks like triumph eventualy got t

[quote="AcrossThePond] I can emphatically state that the 961, so far, is the most enjoyable bike I have ever ridden. I don't think the 961 competes with any of these bikes. It's in a class by itself (for better or worse).[/quote]

I couldn't agree more. I absolutely love my other bikes which have prevailed over lesser models I've owned. But since I took delivery in July, the 961 is my favorite ride. And, that's with the ultra lean stock mapping. For me, it's the combination of the sublime handling/braking, nice useable power with incredible throttle sensitivity, the aural symphony from the open pipes, and the unique character bridging British history with modern technology.

Must say though that I have grown quite tired of the Norton 961 bashing that goes on here, particularly from posters with little or no direct knowledge or experience. Such is the dilemma of the internet where the ill-informed have an equal voice (like voting in the U.S.). On the other hand, it's easy to ignore and I don't give it any thought when riding. So, should ride more and surf the internet less. Yeah, that's it.
 
Re: from the commando on, looks like triumph eventualy got t

AcrossThePond said:
Britfan60 said:
I''m curious. How many of the previous posters actually own or even test ridden a 961?
Click to expand...

Good point. I recently purchased a 961 Sport. I cannot speak regarding a Triumph triple, but I can speak regarding the following bikes:

Ducati - 696, GT 1000, 1098 Street Fighter, 1200 Evo
BMW - R1200R, K1300S, R1200R Jahre
Triumph - Thruxton

All these bikes I have owned. Some of them much faster than the 961 (1098 Street Fighter and K1300S). I can emphatically state that the 961, so far, is the most enjoyable bike I have ever ridden. I don't think the 961 competes with any of these bikes. It's in a class by itself (for better or worse). I equate it with listening to vinyl records on a hand built turntable through a 300B Triode 8 watts per channel amp. On paper, stuff costing 10 times less has better specs. Like a 300B, for some reason, and not one of nostalgia, the performance is sublime. P.S. I road a Tiger the other day, and intend to make it my everyday bike.
Click to expand...

Ive got a 961 Sport, and a Tiger XC as my everyday ride, both superb.....!
 
Re: from the commando on, looks like triumph eventualy got t

You know, I've had my share of problems with my 961 Sport which I've made public, but I didn't really bash the bike, however, did voice my concern over the time it took to repair, (almost 4 months) and the lack of communication from the company down to my dealer. I do however love the bike. I've tested the Monster 1200S, checked out the Beemer Nine T, among many other bikes. The Norton is the only bike that didn't cheap out on any plastic components or build quality. The externals may have had a problem, but now fixed, I'm really happy with my choice. I might go for a BMW 1200RT for my next ride. My lady would love to take a few country rides with me that just can't happen on the Norton. She gets on the old Bonny on occasion, but its a little small for the long haul. Thanks for your replies, fellas.
 
Re: from the commando on, looks like triumph eventualy got t

Britfan, I read this entire chain and your harrowing experience; a lesser person would have given up. I'm glad your bike is fixed. They really are wonderful machines. So many companies have issues, but when you own a Norton or other exotic, the problems come to the forefront much easier because owners of such bikes have great passion and join clubs such as this. Case in point: (1) I owned a Ducati GT 1000 with the dreaded gas tank issue; no support from the manufacturer except for the replacement with another defective tank; (2) I owned a BMW K1300S with the dreaded electrical harness issue; BMW replaced the harness but the problem was where it was located, not with the harness itself. I am glad you brought attention to your dilemma. That is what is needed to keep Norton progressing. Resolution of your problems may have saved me, and other new owners, aggravation in the future. For this I can only be grateful. P.S. I regret ever selling that GT 1000, even with the gas tank issue. That is why I will never sell my Norton; no matter what.
 

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