All valid insight guys, viewed through the lense of your opinion on what TVS should be doing (and how they should be doing it) and your educated speculation on what their plan is for the short, medium and long term.
I hate to say obvious things, but as we all know the difficulty with opinion and speculation in an information vacuum is that they can often prove misguided. We all want TVS to succeed but there is a clear inference here that they are in some way incompetent and doomed to fail. I think a lot of us may also be viewing TVS Norton through the lense of Garner Norton; understandable as we are still living with the difficulties caused by the latter.
Of course we are going to fill the vacuum with conversation and conjecture about these matters, that’s what this forum is all about and long may it continue. But IMO there is room to do so in a more balanced manner, that recognises that we do not have key information about TVS plan and intent. They may well be monitoring this site, as are current and prospective owners.
I suspect TVS has not clarified key issues such as dealer networks etc because they are not yet in a position to do so. Opening up for business without such key information would be problematic to say the least. My 2p, let’s give TVS the time to open up and engage fully with the customer base.
Long live Norton.
Its not speculation when its taken from their own documents. If you'd like to see what they are saying to the people who actual invest in TVS it starts at page 355
https://www.tvsmotor.com/api/InvestorDownloadData?ItemId=6c90ec00-e5ae-4a6d-b202-cf72eda7af31
You should also read the Harley Davidson's 10k and quarterlies as they give insight into the companies direction and the motorcycle industry as a whole.
But Ill break it down a little further.
A new state of the art manufacturing facility is being established in Solar Park, Solihull and this facility will be "
ready for production by Q1 of FY 2021-22"
A customer experience centre will also be a part of this facility which will enhance the customer experience about Norton brand vehicles and also would enable converting the leads into sales.
UK sales only right now
This facility along with robust supply system will support Norton to deliver its future product plans. Commercial Production and sales from the new facility will commence during the first half of FY 2021-22.
Well that didnt happen yet
Though the company has not taken over any liabilities or obligations as part of the acquisition, the company plans to to deliver the motorcycles to customers who had paid deposits and placed orders with the erstwhile Norton company.
So are the mystery 961's for these people? How many people on this forum are "waiting" for a 961?
Since the primary focus during FY 2020-21 was on establishing the facility and starting up the operations there was no revenue from the sale of motorcycles to customers.
Nothing has been sold yet. What interesting to me in the information age that not one leak of information or pictures of motorcycles on the road for test rides etc. Not one employee saying we are in production on X
But ask the simple question. You invest 100 mil GBP your investors are going to expect a return on that investment. The math is simple. You need to sell a lot of motorcycles to cover that. And as all manufactures have learned its the parts, accessories and clothing that makes the real money.
I still think youll see Royal Enfield//Ural type products along with electric. Id love to have one of TVS super premium Tuk Tuk(seriously a hoped up electric one!)
Indian is another that has come and gone and come back but at least they have tons of part, accessories and marketing.
Then look at real super premium motorcycle companies. Confederate/Combat they have tons of new bikes for sale. What about Arch. Again lots of star power yet not a lot of sales. You would have thought as much as he likes Norton he would have a 961 . I'd even group Morgan into that struggle.
My point is that there are plenty of super, hyper or other premium brands that struggle for sales yet these would be the same customer base for TVS
And while on the rant what's up with the revival of UK brands that have died. TVR is also making a new car along with an Electric version. Even they had the marketing to start selling branded merch and they don't even have a product yet!
I think TVS will be successful. I hope they will be successful with the products they purchased(961, etc) as we service and repair a lot of 961's. I just don't think its going to be with a product like the 961 or the superbikes, I mean super premium motorcycles .