The Scandalous Demise of NORTON Motorcycles ! WHAT HAPPENED?

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  • Опубликовано: 4 окт 2024
  • Shocking news that Norton had gone in to receivership over the week end. False reporting from the motorcycle press? Millions owed to investors, customers and pensioners!
    PayPal Donations. threelittlefishes@live.co.uk
    PATREON. / stuartfillingham
    #stuartfillingham

Комментарии • 943

  • @milojanis4901
    @milojanis4901 4 года назад +4

    Been away from bikes for quite awhile. I once restored and rode a black and gold '71 Commando. Sold it in 2001 for $5,000 American. Guy came all the way from Colorado to Michigan to buy it. It was near flawless. Didnt realize Norton had started producing bikes again! Now they're going under again? Sad, very sad. Triumph and BSA got a lot of press, but the 750 Commando would kick both their asses, and was nearly vibration free. I remember Tom Cristiansen (T.C.) setting 1/4 mile records on his twin engined Commando. I'll tell you this: Even though mine wasn't the "Combat" engine (glad too!), the top gear acceleration from around 65-75mph for its day (nearly 50 years ago), was almost unbelievable.......

  • @zioo3117
    @zioo3117 4 года назад +7

    AF, here. Thank you for making this video. I live in the Los Angeles Area. My son and I decided after all the hoopla surrounding the tests on the prototype along with their results, that we would buy a Norton Motorcycle. We went to the Long Beach area, more or less to the only Norton dealer anywhere around for hundreds or maybe thousand of miles and put a deposit on one. We then waited the requisite period. Then we waited longer. Finally I asked the dealer for my deposit back on the bike and my son also wanted his deposit back. We attempted to get our money back. We went through a song and dance of not being able to deal with the people that sold the bike to us. Then we went on line and discovered an unusual number of lawsuits against the dealer and/or its employees. We contacted the better business bureau who seemed satisfied with the response it got, with promises to return the deposit not filled. Next step was to retain an attorney who wrote a letter to the dealer indicating that if the money was not returned within 30 days, a law suit would ensue. We provided our names, addresses and phone numbers. Within the 30 days, we got our money back. At the time, I mentioned to my son that things did not look good at the dealer or at Norton. I also doubted that Norton would be able to establish a U. S. network. The trouble supposedly had to do with meeting various U. S. standards in connection with the delay. Once we had our deposits back, we stopped following Norton. Now today, many years later, we find that Norton is extensively in debt; that there's been a conviction for fraud and that it appears money earmarked for actual motorcycle construction went elsewhere; no Norton's being built. It appears to me that a bunch of bespoke Nortons were built with some kept around for view, but darn few delivered to customers. I met one person in Los Angles who received their Norton but he had gone to extraordinary lengths to obtain it, including going to France from Los Angeles and somehow buying and obtaining one in France; riding it around a bit, and then having it shipped to the United States as a used bike and finally picking it up at the docks himself. I believe he then had some custom work done on the bike. After that, I never heard what followed with that one bike. At the Long Beach dealer, there was one bike in the shop window. And that was my experience with the Norton motorcycle that was supposed to make a big comeback. Because the primary motorcycle built and tested and the star of motorcycle magazines, did appear to have become a great bike. Now it looks like a grand scheme to defraud various sources of millions upon millions of dollars and leaving good people in the lurch. (From Southern California, USA.)

    • @johnbellamy6449
      @johnbellamy6449 2 года назад +3

      Dear sir just saw your sad experience we are British and to hear what happened to everyone is heartbreaking. I'm writing this 12 months on from this .x hope you are still biking. We have just bought a royal Enfield meteor its beautiful. We have had big bikes all our lives, but are now 72 yrs x 70 yrs old .happy motorcycling .john x Linda Bellamy UK .

  • @dubdubdubdub
    @dubdubdubdub 4 года назад +13

    I used to work for Norton as a purchaser. In spite of having money upfront for sold motorcycles that weren’t even built, They always had poor cash flow. Couldn’t afford to build bikes and deliver on time. Owed thousands to suppliers and we’re blacklisted by many, almost all their suppliers insisted on pro-forma payments, which Norton couldn’t pay. Stuart Garner is a despicable person, treating most staff like dirt while lining his own pockets. He got what he deserved and I hope he gets more of it. Glad I left years ago, feel sorry for the lads on the shop floor.

    • @robertodebeers2551
      @robertodebeers2551 2 года назад

      I sorry to hear all this. The motorcycle world would have welcomed the new Nortons.

  • @bigdogpete43
    @bigdogpete43 4 года назад +30

    Never owned one but always admired the Nortons. Sad story of greed and corruption.

    • @BerserkerRider94
      @BerserkerRider94 4 года назад

      Yeah and they got bought by TVS Motors an Indian manufacturer.

  • @twoforty252
    @twoforty252 4 года назад +106

    It’s the common story of this country nowadays, expect this to be a reoccurring theme in the coming years. There’s very little integrity, pride, or honesty left.

    • @tjroelsma
      @tjroelsma 4 года назад +13

      It's not only the story of the UK, it's the story worldwide. Companies are stripped of their money and assets routinely now and by the time the creditors start complaining the people responsible are long gone, leaving an empty shell behind. This all started when hedge-funds swarmed out from the USA and apllied their "craft" worldwide.

    • @TheWolfsnack
      @TheWolfsnack 4 года назад +3

      indeed...that got left behind in Mainland Europe

    • @michaelwhelan564
      @michaelwhelan564 4 года назад +6

      Sir....you nailed with your comment and am very sad to say that in my opinion this trait ( being the operative word) is synonymous with the this country today where 48 % are hard working people striving to do their best and the other 52 %..... well....

    • @xvdd1
      @xvdd1 4 года назад +12

      @Leigh Garfield British engineers teaching the Japanese to build motorcycles is an interesting idea but I would doubt that is true, if you look at the emergence of lightweight and middleweight bikes that were appearing in the world markets in the late 50's and 60's from the biggest Japanese manufacturer Honda they do not look like something the British would design.
      The thing is Edward Turner the head of Britain's largest manufacturer BSA, which encompassed BSA, Triumph, Ariel James and Francis Barnet, toured Japan in 1960 to assess Japans threat to Britain's motorcycle industry and despite noting that Honda could churn out 750.000 units a year compared to BSA's 27,000 units he came back home, buckled down and did nothing preferring to carry on producing bikes designed in the 30's with engineering methods that could not produce the numbers required even if they could expand their market.
      There was some serious resting being done on laurels, when people could buy bikes that had electric starts, reliable engines with no oil leaks and were more advanced at a cheaper price then things were going to start going badly for the British motorcycle industry even with the advantage of having loyal customers the slow reaction to Japanese competition was the start of the long slippery road, it was not because BSA could not design more advanced bikes it was just that they did not see the need and therefore the die was cast.

    • @yogiguitar1
      @yogiguitar1 4 года назад +5

      Well, its what the bloody ttories call "free enterprise' and that was the free bit. For him and his mates.

  • @mnnic4292
    @mnnic4292 4 года назад +2

    Such a sad situation. Workers and customers being conned and a great bike brand full of history disappears. Accountability is needed, mere justice. As said, so sad.

  • @Rick-last1
    @Rick-last1 4 года назад +79

    Freeze his assets, impound his property, and send his carcass to prison. No parole, no pardon, and rescind his right to do business,,,,,, ever.

    • @ryanbarnes9579
      @ryanbarnes9579 4 года назад +2

      I totally agree.

    • @dougfielding8215
      @dougfielding8215 4 года назад

      Rip off artist. I agree, after possessions are sold, give the people who layed down deposits there money back. Lots of jail time is in order.

    • @leonardgore9542
      @leonardgore9542 4 года назад

      Rick Da Division Grampa yeah to right

    • @ryanbarnes9579
      @ryanbarnes9579 4 года назад

      Hopefully gets what he deserves.

    • @padraigomadain6681
      @padraigomadain6681 4 года назад +1

      Dead right man. Very sad.... but the government should actually nationalise it? like its a growing market there, more people on the roads, and need less sized vehicles and e technology and not to mention us lazy bastards who use Uber eats????? BUY BORIS BUY!!!! Regards from Ireland but the government would make money for the people like??? its that iconic!

  • @drxav1
    @drxav1 4 года назад +2

    I am absolutely flabbergasted and sad to hear this most unexpected events that has taken place in the UK to one of the most revered motor cycle manufacturer of all times.
    As a motor cycle rider and enthusiast for several decades I am shocked.

  • @rossbuchanan7632
    @rossbuchanan7632 4 года назад +29

    What a crying shame. That Commando cafe racer is pure class-I still want one

    • @ddmytrenko
      @ddmytrenko 2 года назад

      And there is a problem actually. You "still want" one instead of having one because you can't afford it :D The reason is purely honest and economic-proved. Norton bikes are extremely overpriced for the product they offer.

  • @thebeardedyorkshireman8368
    @thebeardedyorkshireman8368 4 года назад +142

    It’s another MG Rover scam, buy the company for peanuts, borrow loads and then let it go bust

    • @1946supermotomc
      @1946supermotomc 4 года назад +3

      Another Rip off too late waste of time ,

    • @derf9465
      @derf9465 4 года назад +4

      You forget, after the purchase of rover by the Chinese, they took the machines and a handful of staff to China. Then let it fold.

    • @numptynoonoos
      @numptynoonoos 4 года назад +3

      @@derf9465 probably wanted the technology I heard they did similar with planes

    • @garyhardman8369
      @garyhardman8369 4 года назад +2

      Stunning looking bikes indeed. I am glad that I waited for my hip replacement, before wasting my money on a pre-order.

    • @miawallace2785
      @miawallace2785 4 года назад

      Direct drive owned rover and a load of dealerships and a car auction ... it all went tits up

  • @davelee9791
    @davelee9791 4 года назад +51

    I just feel so very sorry for those that were Conned out of their Pension Pots and have probably lost everything...As for the bikes they can be resurrected and do not really matter..A sad tale of what looks like Deception on a Grand scale.

    • @rumien1383
      @rumien1383 4 года назад +8

      Agreed Dave. We were all lead to believe that this iconic brand, was in good hands , and that the future was rosy.
      (Norton will be in Moto GP etc.) looks like a lot of bluster now. I hope someone steps in to save the company, and the jobs of those that worked there. 🤞🏻

    • @jimmybobbgraham2047
      @jimmybobbgraham2047 4 года назад +3

      Dave Lee its not too difficult. Create a pension fund get everybody on board and when its worth a big stash of money go into bankruptcy. When a company is bankrupt it doesn't have to pay out.

    • @obfuscated3090
      @obfuscated3090 4 года назад +3

      Due diligence includes NEVER investing pensions in vanity motor vehicle projects. Anyone who isn't an expert should perform their own due diligence and only invest in proven, established firms with solid track records. Enthusiasm has no place in money management. Deposits are likewise foolish. If I can't buy it COD and ride it home, I don't need that vehicle. The rich can afford to throw away money but those not wealthy should have harsh rules and stick to them. I'm the customer. This is the modern era. Serve me or die.

  • @missydee6085
    @missydee6085 4 года назад +15

    Many thanks for doing this Stuart. I didn't realise the full extent of the situation until now, so it's only greatly appreciated that you've shared the information you've gleaned on this shambolic state of affairs. I'm pretty confident that this uber-trixter will somehow manage to squirm out of his financial & moral responsibilities at the company without it having any effect on the lifestyle he's accustomed to - which is more than can be said for the poor sods at Norton who will be receiving their P45's (if they haven't already). The figures you have quoted are staggering. All this from a company that found hundreds of thousands to market their ambitions at the TT - whilst failing to fulfill their obligations to customers who'd spent their hard-earned on deposits on bikes they'll probably never see. A veritable FUBAR situation & a complete disgrace.

  • @paulmatschull1923
    @paulmatschull1923 4 года назад +54

    One can only hope that some burly biker type (who's lost his deposit or more) and perhaps a few of his mates finds Mr Garner before the authorities do. Deserves everything coming to him to destroy a fabulous name like Norton.

    • @tedleroux7131
      @tedleroux7131 4 года назад +2

      One sure way of setting an example

  • @robinbrowne5419
    @robinbrowne5419 4 года назад +2

    That sucks buddy, fellow motorcyclist. Some of the most iconic bikes. Cheers from Canada.

  • @G100666
    @G100666 4 года назад +41

    Hi Stuart. Thanks for taking the time to prepare this video.
    I first read about Mr. Garner and his purchase of the Norton name together with manufacture of the new Commando in Bike Magazine's August 2010 issue.
    I had always loved the Commando and ordered one, paying the full cost up front.
    To cut a long story short, delivery was considerably delayed and, having read about the many customers who were in the same position, I cancelled my order and requested a refund.
    It ended up with me employing a solicitor and threatening to issue a winding up order before finally getting a refund.
    It's looking more like an elaborate con job than a serious business.
    If the figures quoted by you are correct, there are many customers around the world who will be disappointed after collectively paying millions.
    A great shame.

  • @mrwideboy
    @mrwideboy 4 года назад +3

    I saw an advert on instagram for shares in norton a few months ago

  • @pastie3131
    @pastie3131 4 года назад +3

    Thanks for all your hard work on another excellent video Stuart. This is a really sorry story, and after watching this, I can see that it was much worse than I realised. I feel for the workers, for customers that invested.and for unpaid suppliers

  • @blxtothis
    @blxtothis 4 года назад +2

    Scandalous, no way would any business rescue a company with a debt of that scale.

  • @grotline
    @grotline 4 года назад +51

    Just a swanky crook story, I bet he is still living a life of luxury unlike his workers.

    • @martyndavis5291
      @martyndavis5291 4 года назад +9

      I know an experienced quality inspector who was driven out of the company after he raised issues about the poor quality of Chinese imported components.

    • @digitalimager4946
      @digitalimager4946 4 года назад +8

      String the worthless bastard up, I say.

  • @Don-lw4cb
    @Don-lw4cb 4 года назад +2

    It's a very great shame, but hopefully Norton can be saved and don't disappear. Can't help but feel for all the people who have been ripped off etc.

  • @John900C
    @John900C 4 года назад +22

    By no means the first case of its kind. Reminds me of Delorean. I have renewed admiration for what John Bloor has achieved with Triumph. They seem to be the exception.

    • @vinparaffin6082
      @vinparaffin6082 4 года назад

      And Delorean got 80 million quid of public money!!

    • @CrusaderSports250
      @CrusaderSports250 4 года назад

      @@vinparaffin6082 and it was worth considerably more then!.

    • @tumdeax
      @tumdeax 4 года назад

      Delorean sold cocaine to pay bills.

  • @paulcosgrove6160
    @paulcosgrove6160 4 года назад +3

    Have been following you for a while now and subscribed today as so impressed with your honest and accurate posts. As a long time rider and collector for over 50 years I can tell you that you are one of a very few who tell it the way it is, and almost unique on the interweb except maybe three or four others. I don't spend much time online as prefer to ride(!) but will make the effort to read your stuff whenever possible. Many thanks and hope all goes well for you in this Bear Pit called The Internet.

  • @tpv59
    @tpv59 4 года назад +4

    WHAT A SHAME !!!
    What a Shame!
    What more can one say?

  • @JSLRSMNW
    @JSLRSMNW 4 года назад +3

    Had a 1962 Norton 650SS when I was 19 (53 years ago) Loved it because it was a Norton. Looked at the new Norton with nostalgic interest (could never afford one). So unbelievably sad that Garner and his crowd could feed off the passion for the marque and rip off so many ordinary people. Sadly, it's a "white collar" crime and I doubt anything will happen to him. The legal system and politicians all feed from the same trough.

  • @cpuuk
    @cpuuk 4 года назад +83

    Let's see, Pension money disappears, Garner was the SOLE Trustee, the Pension subsidiary lent Norton £990K, but he claims it was some other guy what did it. Then Winding up order from Metro Bank, to which Garner claims it was HMRC £300K tax bill. Taking millions in advance orders which were never fulfilled, Garner claims his suppliers are withholding. Garner is either incompetent, unlucky or this has been one long fiddle to milk the money. Pity the people who paid the full £40K and will get nothing after HMRC and Metro have taken their money. I bet Garner isn't skint.

    • @michaelwhelan564
      @michaelwhelan564 4 года назад +13

      Garner should face public enquiry. I'd also ask what in gods name were the financial auditors doing in this fiasco......another Carillion perhaps ?

    • @stephenshipley1066
      @stephenshipley1066 4 года назад +16

      I'll give you two bets:
      1: Garner isn't skint
      2: nothing will happen to Garner

    • @EeezyNoow
      @EeezyNoow 4 года назад +9

      @@stephenshipley1066 If the banking scandal is any guide you are going to win both your bets.

    • @cpuuk
      @cpuuk 4 года назад +2

      @@stephenshipley1066 If the Administrators decide to liquidate, Garner walks away free, claiming it was them. If there isn't enough money to make motorcycles, you can damn well bet whatever's left will be split between Metro & HMRC.

    • @montgomeryrichard
      @montgomeryrichard 4 года назад +7

      Pension funds should be ring fenced in all companies this part is fault of the govenment and the law!

  • @johnthorburn1913
    @johnthorburn1913 4 года назад +38

    A very sad state of affairs for so many people. Those Norton’s were absolutely stunning. That’s a hell of a lot of money that needs to be accounted for.

    • @G100666
      @G100666 4 года назад +13

      John Bloor did brilliantly with Triumph and was never a mouthy prick like Stuart Garner.
      I so hope Garner ends up bankrupt and in prison.

    • @nortoncommando770
      @nortoncommando770 4 года назад +2

      @@G100666what a nice chap you are...

    • @G100666
      @G100666 4 года назад +7

      @@nortoncommando770 Not as nice as Mr. Garner.

    • @DerangedResponse
      @DerangedResponse 4 года назад

      @@G100666 Oh well. At least you don't hope he gets sodomized by mountain goats. So that's saying something...... Or do you?

    • @G100666
      @G100666 4 года назад +1

      @@DerangedResponse I hadn't thought of that... :)

  • @dirtyhabitz2888
    @dirtyhabitz2888 4 года назад +9

    Such a shame, and like you, Stuart, I thought Norton was back for good. Fingers crossed there’s a new owner out there that’ll step in and keep the Norton brand alive 🤞
    All the best,
    Andy 🏴󠁧󠁢󠁥󠁮󠁧󠁿

    • @jammerrcful
      @jammerrcful 3 года назад +1

      Amen!! I had a 1972 750 Cammando.loved it and cry everyday beating my self up for selling it back in the day.

  • @andynixon2820
    @andynixon2820 4 года назад +19

    Sounds similar to what happened with Rover cars back in 2005 .

  • @davidcottrell-jones9157
    @davidcottrell-jones9157 4 года назад +5

    Very interesting video. Thanks for the upload. It still baffles me how Stuart messed this up. He had a fantastic brand in Norton, stunning looking bikes and obviously a very talented team of designers and engineers, even a tiny bit of good management would make things work at Norton. I mean look how CCM have gone from strength to strength. I really hope a big player like BMW take over ownership of Norton and do their magic like they did with Rolls Royce.

  • @kevinb2773
    @kevinb2773 4 года назад +2

    Excellent summary Stuart! A guy I know's wife used to work there, reckoned Garner was a flaky git then, about 3 years back. A dealer I spoke to a while back said he could never get straight answers from them about deliveries, service, parts, etc. Riders have been trying to track him down on social media.... A sorry tale, but maybe a common one of going too far too fast which eats the cash. Feel for all those who lost out, especially those eagerly awaiting a new bike which they have paid for. Hope someone steps up to keep it going and properly invest, but it is hard to see.

  • @jean-mariewilhelm3649
    @jean-mariewilhelm3649 4 года назад +6

    I feel so sad ! (French Norton fan)

  • @TheMotorcycleMuse
    @TheMotorcycleMuse 4 года назад +1

    Wow. Thats some story. Thanks for the video. Sad day for the British motorcycle industry.

  • @MrDoncarnage
    @MrDoncarnage 4 года назад +9

    Sad to see an historicly important jewel like this go. But nothing lasts forever...Rover, original Vauxhall, Morris etc...

    • @redshiftrider2267
      @redshiftrider2267 4 года назад +2

      Wolseley... 🤔. The Wolseley Six... What a car!! My dad had one in a mustard colour. Five kids, mum and dad, with room to spare. And the Wolseley badge on the radiator grill even lit up when the lights were on!!! Sorry, just reminiscing 😜👍

    • @SteveInskip
      @SteveInskip 4 года назад +1

      If it’s managed right, like the modern day Triumph it’s got every chance and BMW seem to have the knack. Just historically bad general British management.....no change there! Triumph motorcycles apart, do we actually own any significantly large engineering companies now?

  • @johnrocker2986
    @johnrocker2986 4 года назад +2

    Its simple Norton from day one. Fur coat no knickers? Any engineers out there who visited or had a chance of seeing images of the factory, would realise Norton had no capacity for manufacturing other than very low batch production by hand, this enabled Garner to keep any investment money and not invest in mass production set up costs, which would have paid back regarding production quality and sales in the long term. After 5 years, virtually no sales outlets so dealers probably new, Norton was really "Trotters Independant Trading"

    • @del8307
      @del8307 2 года назад

      A NORTON TINHA QUE TER UMA FABRICA NO BRASIL ,E EU TRABALHAR NELA.

  • @robbikebob
    @robbikebob 4 года назад +9

    Sad. I know someone in the trade and he's been hearing stuff for up to a year and warned me something was happening with Norton months ago, so I don't think anyone in the business is overly surprised. Still a massive shame though, I hope the management don't get off lightly! It would be great if someone took the name and atlas models forward. I think the commando have had their day now.

  • @rogerhowell6269
    @rogerhowell6269 4 года назад +2

    A very Sad tale. Great Motorbikes! 😡

  • @terrycavender
    @terrycavender 4 года назад +43

    Sounds like somebody needs some jail time for shady dealings. Hopefully, an investor will step in and save the day.

    • @yogiguitar1
      @yogiguitar1 4 года назад

      Boris will pat him on the back. As they sit in some private club and share stiries on hoe theyve mugged everyone and as they laugh they'll be stashing dough in secret banks claiming to not know where it went

  • @mcmoose64
    @mcmoose64 3 года назад +1

    I hope that Her Majesty will soon be covering the food and lodging expenses of whoever is responsible for this .

  • @kimhorton6109
    @kimhorton6109 4 года назад +2

    Norton was always an iconic brand for me. When I was 16, living in Guam I saw one running down the road between Anderson and Agana. At the time I had a Triumph Tiger Cub. When the Cub broke I bought an atlas(this was 1963). It was gorgeous and way more bike than i, as a young man of 16-17, with no sense of self restraint had. In short order I got into a scruff with my Spanish teacher and sent off to Military School In New Mexico. It didn’t go well. I barely graduated in 1966 and found that my living father had sold the bike of my dreams to pay part of my internment in New Mexico. *Sigh*. Such is life

  • @tommydillon4931
    @tommydillon4931 4 года назад +9

    This is a perfect opportunity for Keanu Reeves and his new bike company arch motorcycles , since he loves Norton.

    • @claretaylor2153
      @claretaylor2153 4 года назад +3

      Would advise Keanu to keep well away from it

    • @sugarrfree
      @sugarrfree 4 года назад +2

      Keanu Reeves better not take over Nortons cos hes bikes are massively overpriced so nah thanks

  • @henryhartley9993
    @henryhartley9993 4 года назад +24

    You've got to feel sorry for the workers who have been shafted big time, and obviously all the folks who put deposits down on a bike, I always thought competing at the TT was a total waste of money for such a small company, the Atlas models were the way forward not exotic £45,000 V4s very few could afford...

    • @e31gixxxergix69
      @e31gixxxergix69 4 года назад +2

      The TT wasn't a waste of money for S.G. All that bike had to do was get 3 laps in and S.G. collects 60k appearance fee.

    • @mickvonbornemann3824
      @mickvonbornemann3824 4 года назад

      @Eric Gomersall Well if they ordered by credit card they'll should get their money back. I was covered that way when Barmix went bust in Oz, so got all my money back & ended up getting a free bamix in the end anyway

  • @stevesteve1965
    @stevesteve1965 4 года назад +20

    Just as in the early and towards the end years all they should have done was build 3 alternatives to the Triumph Bonneville range, Commando, Dminator and Atlas. Keep the spec down and concentrate on that for a few years regardless of this needless exclusive hand built nonsense. Build them and knock em out at a decent competitive price. Greed is the end of many companies.

    • @purebloodheretic4682
      @purebloodheretic4682 4 года назад +2

      Steve Steve Yeah - Keep it Simple! Like Royal Enfield did, Build Simple Affordable Single & Twin Cylinder Bikes, They are Killin' it in the 'Retro' Bike Market! Bad Management or Criminal???

    • @stevesteve1965
      @stevesteve1965 4 года назад +1

      @@purebloodheretic4682 it would be bad management if the product was poor quality, poor manufacture, poor advertising and so on but to use investers pensions, to float your business, to borrow from multiple sources, to part pay wages, to not fulfil your contracts, to flood development with no product and above all break promises is criminal, not even stupidity just plain criminal. Banks can take a hit but the average Joe can't afford to lose 10-20k or so with no hope of a refund.

    • @daveinwla6360
      @daveinwla6360 4 года назад

      @@purebloodheretic4682 - Yes, that conservative approach sounds like a wiser and surer way to go, AND
      deep-pocket funding counts. Remember that Royal Enfield had a huge and loyal market in India already
      going for decades when it started development of its Himalayan and 650cc twins. It looks to me like
      China (and SE Asian sub-contractors) will take the lead in the decade ahead. Just check out CFMoto
      and Zontes..

    • @motorcyclemadness6006
      @motorcyclemadness6006 4 года назад

      Build them at a competitive price with a handful of workers but not hand built that’ll work ... I think they achieved quite a lot but on their way to being cheaper but everyone knows better ..

    • @stevesteve1965
      @stevesteve1965 4 года назад

      @@motorcyclemadness6006 CCM seem to manage, same bike just different configurations. Norton wanted to be Billy big nuts, flash buggers. Buyers just want a name on a tank and reliable running gear for a reasonable price. As with RE & Triumph, give them a running bike and a parts catalogue, let the owner spec it up.

  • @Alec-ph8kh
    @Alec-ph8kh 4 года назад +47

    Strange how the police are never involved in cases like this

    • @owenwilliams3222
      @owenwilliams3222 4 года назад +6

      Smacks of british govt, must of had lessons in deception from them , that's why I don't vote for these stinking humans ,

    • @mikehunt8375
      @mikehunt8375 4 года назад +16

      Not really strange at all. If you stopped watching TV, being programmed by your government, you'd soon realize the world isn't at all what you were told. Government, town, city, state, are all corrupt. The police are the biggest gang running legally on the streets. The world is run by greed and fake money!

    • @claretaylor2153
      @claretaylor2153 4 года назад +2

      Yes they are never held to account

    • @reconnaisancesapper
      @reconnaisancesapper 4 года назад +4

      Certain individuals from the Police are payed to remain silent; in some cases, if they do not remain silent, they are silenced.

    • @petebraven1522
      @petebraven1522 4 года назад +4

      Actually, they are looking into it, just locating the missing money is going to be a nightmare.

  • @jacklee8168
    @jacklee8168 4 года назад +1

    Had problem with my v4 Norton still waiting for bike only found out other day it had been stripped down for parts for other bikes

  • @brunoviallet7952
    @brunoviallet7952 4 года назад +18

    Sad new for me French fan of this motocycle when I'm young l dream on thé picture of Norton Commando. But l think this news Commando was so expensive for many of us.

    • @daveinwla6360
      @daveinwla6360 4 года назад +1

      - I owned a Dunstall Commando, and I parked it in my living room like a sculpture. The name "Norton" meant pride and excitement to me,
      but I never felt that it would truly be revived - certainly not at affordable prices. Maybe the Chinese can do something with it like
      the Indians did with Royal Enfield.

    • @steveminers5764
      @steveminers5764 4 года назад

      Dave InWLA I had a Dunstall 810 c/w Quaife gearbox. The biggest heap of junk I ever had the misfortune to own.

    • @daveinwla6360
      @daveinwla6360 4 года назад +2

      @@steveminers5764 - Mine didn't have the big-bore kit, nor the Qaife, but it had the Dunstall cam, re-angled valves, 11:1 pistons, forks with the built-in twin hydraulic disc brakes, clip-ons and rear-sets, Akront alloy rims, fiberglass tank and seat, and a full fairing. I added an oil cooler, oil pressure gauge, aeroquip lines, and I re-did the electrical wiring with Molex connectors. Cops followed me, but I beat a radar speeding ticket in court!
      I loved that bike for 3 years - until I crashed it.

  • @kerriwilson7732
    @kerriwilson7732 4 года назад +1

    With so many customers having paid money, & no bikes built for them. What were the workers doing all day?
    Apparently not building bikes.

  • @davidmead1603
    @davidmead1603 4 года назад +26

    I had a problem at the beginning of 2017 when I ordered a Commando through a supplier in Scotland. I paid a deposit of about £2000 and was told the delivery period would be about three months. Come the date specified there was no sign of the bike and I had been paying instalments on the loan to cover the balance - obviously the loan company having paid the balance straight to Norton.
    Finally, after about another three months, I cancelled the order and managed at that time to get my deposit back as well as a refund on my payments to the finance company - I wonder if they got their money back?
    It seems obvious to me now that the company at that time was trading whilst insolvent. I thought that was a criminal offence. (Shades of Robert Maxwell)

    • @Vintaronica
      @Vintaronica 4 года назад +1

      Trading whilst insolvent isn't illegal. Insolvent simply means the company hasn't enough cash flow to pay its creditors at a given point in time, which can be as simple as cost of sales are £100, sales invoices issued £200, sales receipts received as of yet £0 so at that point in time you are insolvent and trading until the receipt of money comes in. What is illegal, is trading to make a company insolvent on purpose in order to write down debts that would never of been sustained to start with..and that's the illegal bit..

  • @chrisbryan3624
    @chrisbryan3624 4 года назад +1

    Thanks Stuart for your comprehensive report. Staggering that in a 21st century UK, individual(s), companies etc can get away with this level of commercial deceit and trickery. Where’s the governmental / authorities oversight gone on this one. I for one would be interested to know which firm of accountants were qualifying Norton’s annual accounts over recent years...

  • @adriancronin533
    @adriancronin533 4 года назад +10

    Very sad, sounds like Garner has etched his name in the honours list at the expense of working people. More top down misery.

  • @dpounder9680
    @dpounder9680 4 года назад +2

    Bikes have been produced people have taken delivery previously, i think the demise started when Norton announced we are going racing again, the foreign engine tie up and investment for such a small bespoke, in this day and age, company, would be huge. Running before they could walk with established sales to fulfil the order book first etc. Great idea's but not enough in the foundations to sustain it. Not easy to run a business on credit and borrowed money like football clubs do. I feel sad that Norton became reincarnated and now thrown into scandal.

  • @raydavison2972
    @raydavison2972 4 года назад +13

    Back in 2019 when they had the winding up order (Later withdrawn), I looked at companies house and most (Maybe all I cannot remember) of Stuart Garners companies, not just Norton, were seriously late in filing their end of year returns. Clearly there was something major wrong in the camp as no company that size misses their filing date unless they have something they don't want others to see.

  • @drxav1
    @drxav1 4 года назад +1

    Mr. Garner should not be allowed to see the 'day lights' again.

  • @stephenphillip5656
    @stephenphillip5656 4 года назад +5

    Garner- "shake hands then count your fingers" comes to mind...

  • @drfelixfarsider2346
    @drfelixfarsider2346 4 года назад +1

    Thanks for the video report re: NORTON Motorcycles. Sad news, indeed. I remember being excited when I first heard about the “rebirth” of this historically great British brand. I had hoped they would achieve success as TRIUMPH has done.
    Have there been any efforts made in recent years to revive the BSA brand?
    I used to own a fully restored ‘71 Norton Commando here in the U.S. It took some getting use to with the left foot brake and right foot shift (not to mention the 1-up, 3-down shift sequence!)..... but a heck of a lot of fun to ride.
    Thanks again for the post.

  • @barryroberts2474
    @barryroberts2474 4 года назад +14

    As an older man it has been easy for me to be slightly incredulous about the Norton rebirth. I had a freind who used to say, "Seemed a good idea at the time." Like anything we feel emotionally connected with as we do about motor cycles this Norton thing was a incentive based on nostalgia which has died through bad business. Practiclly every other motor cycle you would like to buy, you pays your money and ride away. I can't believe there are not going to be serious consequences for those involved. There are no winners in this. They were always too expensive!

    • @daveinwla6360
      @daveinwla6360 4 года назад

      The winners will be in Asia, where there is a huge market for motorcycles that will pay for develpment of new models and demand affordable prices

    • @whalesong999
      @whalesong999 4 года назад

      Like you, I'm an "older man" and rider and the essence of motorcycling was never really wrought from the high financed and hyped stories like this Norton development has produced. I had watched this develop over the years and wondered how such a high priced issue could really be affordable in the long run. I'm saddened that the image of motorcycling has now been wrapped with the image of rich men's toys rather than a wholesome part of the mechanical realm that had some redeeming value.

  • @kasifzihad7909
    @kasifzihad7909 4 года назад +2

    £65 million just disappeared🤕

  • @SteveInskip
    @SteveInskip 4 года назад +32

    If you look at all the handouts and government grants that they’ve had, and compare it with the amount of bikes they’ve produced, there’s a massive deficit. The numbers never added up! A pity really as the new Atlas was simply gorgeous. No-one is going to take on the pension scheme and all the creditors so for me they’re dead. Somebody will be buying the name only when it’s all been through the mill. John Bloor shows that it can be done and all credit to that guy! As always, a very balanced view Stuart....nice one!

    • @anthonykeel1058
      @anthonykeel1058 4 года назад +1

      Probably will end up being another British brand going to be purchased by an Indian firm. It’s a shame! Really do love the new Commando and sadly can’t find them in US.

    • @SteveInskip
      @SteveInskip 4 года назад +1

      Anthony Keel I believe that Norton we’re collaborating with a Chinese company for the Atlas production including the engine so you’d end up with virtually the same thing anyway.

    • @russwhalin3878
      @russwhalin3878 4 года назад +1

      @@SteveInskip all the norton engines made were from chinese parts they were only assembled in the uk

    • @SteveInskip
      @SteveInskip 4 года назад +1

      Russ Whalin in that case they were well overpriced. I made two enquires from Norton, one for a V4 to which I never got a reply and one for an Atlas to which I did.....but never heard anymore. The whole company about as useful as a chocolate teapot. However, now could be the time to buy a second hand one......good investment!

  • @Calavan1969
    @Calavan1969 4 года назад +1

    This wasn't the first time. When will people learn?

  • @TCB-1
    @TCB-1 4 года назад +5

    Wanted a Commando. Bought a Speed Twin. Glad I did!

  • @richardpearson4248
    @richardpearson4248 4 года назад +3

    Great video But feel sorry for all the people who have lost money 🇬🇧👍

  • @neilchambers1329
    @neilchambers1329 4 года назад +3

    It’s a real shame for the British motorcycling industry and British manufacturing in general. Norton have some real cool looking bikes and even started to put together a decent IOM TT team. I did the Norton factory tour back in august and everything looked rosey. There was a new factory being built and there was at least 50 bikes waiting to be dispatched, including the last two of the 50 limited edition Henry Cole / Guy Willison 961 commandos. All the staff were very enthusiastic about their product and all had a smile on there face whilst they were working, (there’s not many places you see that these days). I feel sorry for these guys...
    Donnington hall, The Priest house hotel and the two new Aston Martins sat in Stuart’s garage were also very impressive !!!
    Let’s hope someone with a honest, sound business brain rescues them and keeps this brand alive. Maybe Siddhartha Lal or Eicher motors would be interested ?

    • @kasperkjrsgaard1447
      @kasperkjrsgaard1447 4 года назад +1

      Neil Chambers
      Or maybe Geely? They’ve done wonders with Volvo and Lotus just to name two.
      They have the funds to let Norton develope according to their heritage and the know-how to produce up to date technology.

    • @neilchambers1329
      @neilchambers1329 4 года назад

      I agree Geely would be an excellent choice, they have worked wonders with Volvo and brought them into the modern world.

  • @ronaldnickell6110
    @ronaldnickell6110 4 года назад +1

    As a Norton Commando owner I am truly saddened. Mine is a 1974 model, which I still have.

  • @BastardX13
    @BastardX13 4 года назад +8

    Kenny Dreer. (AMERICAN) was the one to resurrect the historic marque. A shame it was all for naught. Reminds me of the Excelcior Henderson debacle here in America 20 years ago

    • @markmark2080
      @markmark2080 4 года назад

      Kenny Dreer was the Man, it was a shame he wasn't able to finish what what he put so much into...Respect!

  • @omahamikeRPV
    @omahamikeRPV 4 года назад

    I thought I was lucky to buy a Norton Commando 951SE in 2016. Thankfully I bought it off the floor from a dealer here in Lomita, California and didn’t have to pay and hope to get one. But when the dealer went bankrupt shortly thereafter I sold it with only 500 miles on it. I knew with no service available, it was only a matter of time. I also thought it was strange right after I bought it that I got a letter from the DMV that saying registration had never been paid. I was,also approached to “invest” in the company! Thankfully this is all a memory now and sorry for the people and employees that were scammed.

  • @bluelines2924
    @bluelines2924 4 года назад +6

    When I saw this I realised I had dodged a bullet! I had thought long and hard about buying one of the new Nortons, loved the look and heritage. So glad I didn't, and filled my workshop with Royal Enfields instead!

    • @jimgoodwin6294
      @jimgoodwin6294 4 года назад

      And in few years your Enfields will be worth what exactly - fine bike as they are....

  • @tinks43
    @tinks43 4 года назад +1

    I read about this at the start of the week. Should never be allowed! Shame 😡

  • @azog23
    @azog23 4 года назад +3

    How many bikes did they actually produce? Something doesn't sound right when people say they were waiting months (years?) for a bike they'd bought but then in the last few days it's come out there's 100 people at the factory. What were those people doing if they weren't building bikes? Even if only 50 people at the factory were doing the building they should have been able to produce more bikes.

    • @stuartfillingham
      @stuartfillingham  4 года назад +2

      Very good point Andrew!

    • @davidk1644
      @davidk1644 4 года назад +2

      I think they have a lot of unfinished bikes as component suppliers where wary about not being paid and were holding back on deliveries.

  • @nickrichardson7451
    @nickrichardson7451 4 года назад +1

    It’s not just Norton that have gone down, there’s also The Priest House 42- bedroomed Hotel & Wedding venue adjacent to grounds of Donington Hall! The Priest House lies on a river bank with a great array of restaurant areas from Formal to BBQ, serving lovely food. Ideal for a summer evening on the patio overlooking a bend in the river! There must be loads of disappointed brides & other guests who will have lost money! Apart from more employees of Stuart Garner.

  • @comhghallgeraghty3541
    @comhghallgeraghty3541 4 года назад +37

    I'm sure that guy has a few quid tucked away in an offshore account somewhere.. what a rogue. It's the customers I feel sorry for. Shame to see a legendary brand treated in such a way

    • @anthonyakester4053
      @anthonyakester4053 4 года назад +5

      The customers yes, but also the employees and suppliers.

    • @TheLifeOfWalsh
      @TheLifeOfWalsh 4 года назад +18

      The poor staff? Maybe the guys in production! But all the management team deserve the jail!
      The “staff” you feel sorry for knew everything that was going on! And continued to call me and tell me my bike was on production line and will be ready in 3 weeks! And I had to pay my £40,000 balance for it to be assembled! So I did! £45,000 out my kids savings accounts as my bike was there!!! So I paid it! That was in August! Now they are bust... and guess what! My bike never existed! No frame! No wheels! No engine! Even though they have me a chassis number! This was the staff! Not Stuart! The staff! So I feel sorry for No1! They are as guilty as him! Even on the Tuesday of the week they went bust! 24 hours before they did! The “staff” were emailing me telling me how I shouldn’t worry and my bike was there and getting built! I’m blown away! And angrier than anyone could imagine!

    • @UncleLongbeard
      @UncleLongbeard 4 года назад +4

      @@TheLifeOfWalsh that sounds really bad. I was really keen on paying deposit for the Atlas but something told me to wait for the production model and check the first reviews before making any decisions... Lucky me

    • @stevenhill6214
      @stevenhill6214 4 года назад +3

      @@TheLifeOfWalsh That surely is evidence of fraud, taking money under false pretences?

    • @stuartfillingham
      @stuartfillingham  4 года назад +1

      @@TheLifeOfWalsh really sorry to hear that sir!

  • @spraudoggy
    @spraudoggy 4 года назад +2

    Build quality machines people can afford, not 20 grand collector bikes swooned over by motorcycle magazines. Most of us working people who love to ride motorcycles can’t afford these luxury retro bikes. I have two great Modern Triumphs I paid around twenty grand total for both. I’d would have gladly bought a modern retro Norton for 10 grand to add to my riding pleasure.

    • @jimgoodwin6294
      @jimgoodwin6294 4 года назад

      You have 2 x modern Triumphs made where exactly?

    • @spraudoggy
      @spraudoggy 4 года назад

      My 2005 Bonneville was made in England. My 2017 Street Twin was produced in Thailand where I believe many components for modern Triumphs are produced.

    • @jimgoodwin6294
      @jimgoodwin6294 4 года назад

      @@spraudoggy
      I had a Daytona 900 back along - great bike - but have to say I was pretty disappointed when Triumph started making bikes in Thailand.
      I've had a Commando for the last few years and love it, why?
      Partly because its Made In England...
      That still means something to me - its why I drive a Range Rover also....
      I like to think I'm doing my bit for Great Britain PLC........
      Safe riding my friend...

    • @spraudoggy
      @spraudoggy 4 года назад

      Jim Goodwin I understand.

  • @terrywootton8882
    @terrywootton8882 4 года назад +13

    £44K for a bike? A shame they didn't learn from the Enfield business model.

  • @Boksburg1982
    @Boksburg1982 4 года назад

    Thanks Stuart, a very sad and tragic story . keep up the good work.

  • @Banditmanuk
    @Banditmanuk 4 года назад +17

    Hi Stuart, the vid you referenced is mine. "Where is my Norton Atlas" which I did publish two weeks before the news on administration broke. I was also involved with Visordown in March 19 when they published their allegations. At that time Visordowns allegations worried us as we a had placed a deposit at the 18 NEC show. I contacted Stuart Garner at Norton on Twitter and he absolutely assured me it was standard late filing and not a concern " don't worry we are going nowhere" said the reply
    I totally believing Garner ripped into the Visordown article (I've since apologised to the journalist) and the artical was widely ridiculed by many. The visit to Donington Hall later in the year got alarm bells ringing more, the production dates on the Atlas bikes kept moving back. We had witnessed ourselves on Nortons bike nights that the assembly building still wasn't finished and yet we were still told the bike had been signed off for production and it was going to start 'next month'
    After the invite to Donington Hall into Garner's library we sat through his presentation, drank some of his beer and my wife turned to me and said "I'm not sure I believe him" but we registered for the investor pack just to get more info. Loads was made of the value of the company based on the huge order book, and it was big with the new Atlas Scramblers making the biggest contribution.
    More recently I found a Twitter page called NotNorton Motorcycles and they were certainly publishing things about Norton that concerned us, turns out now they were correct in at least that Norton were in trouble. It now appears John Hogan of Superbike magazine has been involved in an investigation started before the administration, he is soon to publish that investigation. I would take everything published by MCN today with a pinch of salt, MCN have been beating the drum for Norton right up to the end. The Gardian did an interesting article with ITN news at 10 well worth watching
    We are disappointed, hopefully our card company will help us to retreave our £500.00. We are the lucky ones many customers are probably too embarrassed to go public. Many have lost more than us, some told their bikes were in production paid in full but their bikes were never made.
    Fact is lies were told to us in relation to delivery dates and it will be interested to find out if the Atlas Scrambler program was even close (Norton were still offering test rides at Crazy Hourse Bikes only a week before closing. Sad times!

    • @stuartfillingham
      @stuartfillingham  4 года назад +4

      My apologies sir in the frenzy to get information together in time I couldn't remember your channel name. My condolences on the loss of your deposit. Very useful video BTW!

    • @Banditmanuk
      @Banditmanuk 4 года назад +2

      @@stuartfillingham I'm grateful you mentioned me, there is still a chance we can get the cash back via our card supplier so not completely lost yet. Enjoy your channel, best regards Richard

    • @stuartfillingham
      @stuartfillingham  4 года назад +3

      @@Banditmanuk Thank you sir and your very welcome!

    • @karlosh9286
      @karlosh9286 4 года назад

      I thought if you paid for something on credit, in the UK at least , the Consumer Credit act means you will get refunded by the credit company. If you take out a personal loan and then spend the cash from a bank account you would not be covered, but payment via an HP company or Credit Card, I'm pretty sure you should be covered.

    • @Banditmanuk
      @Banditmanuk 4 года назад

      @@karlosh9286 Hope so but they have not done so yet.

  • @markmichael6933
    @markmichael6933 4 года назад

    I was wondering why I haven't seen to many Norton's in Canada. This explains it. Thank-you.

  • @amsmith170
    @amsmith170 4 года назад +3

    Sad to see this. I had high hopes for Norton's return.

  • @dickjohnson4268
    @dickjohnson4268 4 года назад +1

    To ride a Commando or Roadster when new was an experience of linear relaxed torque. At each up-shift the road stripes kept accelerating and the only other awareness of speed was the wind snatching at your helmet and the rattling of your Bates face shield. Nortor created the term "rowing through the gears." They were that smooth. The next thing I knew was the glow of the lights of Kansas City on the not-too-distant horizon. Where did the time go? Have a leak on the tach drive? Pound a nickel into the casting. Worked every time. Those machines were called MOTORCYCLES. My CB750-K0 is another. Bring 'em back!

  • @jamesroberts2480
    @jamesroberts2480 4 года назад +42

    . None of this happened by accident, the UK is not what it seems.Spare a thought for all the engineers & workers who worked in this illusion of a company, best of luck mates.

    • @numptynoonoos
      @numptynoonoos 4 года назад

      UK is being swiped from every angle.. boris has signed documents which forces us to cut down on carbon emissions in the next 5 years, gas boilers will be outlawed, add this to banning in areas of cars the closing down of British Home Stores Panama papers...its about normal every day people owning bikes, cars and flying on holiday we will be given curfews on when to use electric and gas...

    • @JohnnyMotel99
      @JohnnyMotel99 4 года назад

      @John Stanley Don't forget VAT, once factored in then electronics are very similar in price. Homes are cheaper, in main because they are shot up in weeks, not months, timber construction is very fast.
      However, our Gov has been pulling billions out of the local economy via austerity, which simply transfers the burden to councils who put up CT. CT is a totally regressive tax of the most egregious.

    • @JohnnyMotel99
      @JohnnyMotel99 4 года назад

      @John Stanley I'm agree there are instances where the UK distributer whacks a big markup on an item.
      Last year I bought some electronics in the USA and brought them back here. I didn't pay VAT or any import duties. But when I did the sums, adding VAT and duties made the price comparable.
      I guess it depends on what you are looking at. Give me some of your best examples?

    • @JohnnyMotel99
      @JohnnyMotel99 4 года назад

      @John Stanley Dyson is the Devil in my household! Those battery run vacuums...as they say a fool and his money etc.

  • @travelinben1966
    @travelinben1966 4 года назад +4

    I wanted Norton to come back more than Triumph.I hope some entity resurrects it successfully.

    • @trtr-bc3zl
      @trtr-bc3zl 4 года назад

      It was going to be sold as a clothes brand like lambreta in 2008

  • @cloudmaker
    @cloudmaker 4 года назад +2

    What a shock this was Stuart, all the talk from Norton in the last few years was all about factory extension, investment and taking on new employees, which to normal folks looks like a successful firm on the up not a shady firm on the make. Unfortunately it now seems to be more of the latter. It would appear that Mr Garner is no Mr Bloor. Such a sad time for an historic British name.

  • @quadsman11
    @quadsman11 4 года назад +1

    Such heartache for the iconic brand !
    Was so optimistic about the relaunch of this storied breed !
    To be honest, would have been one of those, willing to get inline with my checkbook and stary eyed excitement !
    Such a total darn shame !

  • @ChrisPlow
    @ChrisPlow 4 года назад +7

    Good video, very factual and sad. Just to put my two penneth long winded experience in, for what it’s worth or not.
    I ordered a new cafe commando in bespoke colours with all the extras back in ‘13 it was meant to be delivered early spring ‘14 I received it just before the TT, all good just, put some miles on it, rode up-to Donington Hall on the way to the ferry, had its first service, tour of ‘factory’ although I would use that word quite loosely. There were issues back then with quality and customer service, service and sales staff discontent, managers came and went. Up the M1 the matt paint peeled off exhaust, clock buttons popped out and they Heath Robinsoned some air fuel sensor that they relocated, but generally pretty good and thought hey ho it’s a hand built british bike stop whinging get on and enjoy it, it was my dream to ride my own Norton around the TT course.
    Did a couple of laps of the mountain, oil pissed out, they kindly took a look at it in the race tent between race days, said it was a manufacturing issue with a casing, they even took it back to Donnington in the race van and I cadged a lift on the bike of my mates bike back home. Even that didn’t finish me off. I worked abroad for several months and they still had the bike at the ‘factory’ on one occasion when I asked for an update they told me ‘we do have other customers you know’ charming ! Eventually got it back, very first ride out June ‘15 different oil leak now, oh and they also charged me to deliver the bike back and forth! 3 months later it was fixed, I had The Bike Specialist collect it and sell it on my behalf, it was at the time my dream bike so was gutted all round.
    Jump forward Nov ‘16 I get asked to consider the new V4SS one of the two hundred, like a lemming to the cliff edge I listened to Simon Skinner and the charms of Susie at the NEC and sure enough I place a deposit for delivery late ‘17 it obviously never arrives and after a year and a bit later I ask for my deposit back (more than two dozen times), a year and a half after that I somehow get it off them as they said the time was spent trying to reallocate it (not boding well for the RR then). I was clearly one of the lucky ones, oh that’s not before purchasing the limited edition Bremont Norton watch, with whom they also fell out with. Maybe it will be a collectors item, at least it runs and it’s in my possession (feel free to make me an offer).
    I was also asked to visit Donington Hall for the ‘crowd funding’ and then told there maybe a single investor and it’s on hold. So the news now as sad as it is, is no real surprise.
    I'm not sure about investors, backers, funding, pensions etc but I don’t believe Stuart is a crook (well I sincerely hope not anyway), passionate yes, wanted it to work yes but just delusional and was out of his depth of knowledge of the industry, a passing strategy and some internal politics that defy belief.
    On each visit to the ‘factory’ it felt more like a showroom and a little faux as bike factories go and the tour always felt a bit smoke and mirrors if I’m honest.
    They built a great chassis and peripherals with the racing bike with assistance from Mr Grant and Cam Donald. They should have sold the road going one with the Aprilia engine fitted, I’m sure they could of struck a deal with them, but they couldn’t mentally deal with it, look at how many badges cars are sold with, with different manufacturers engines it’s no big deal, but for a small bespoke factory trying to compete with the likes of Ducati Aprilia it’s massive.
    They could then have moved production along on time and not had to completely redesign a V4 engine on the back of one of Mr Skinners metaphorical fag packets in the Norton shed, which as it turns out as good as it may or not be, the irony is it couldn’t even be used for its main road racing purpose. If they had done that on time and then moved things along with the Asia deal and a more affordable all be it hand built range it may have been a different outcome.
    I like everyone want to see the Norton brand on the road and I hope someone comes along and takes up the mantle, I would say to Stuart, sterling effort for stepping up-to the plate in the first place but man there’s a fine line between optimism and naivety. Sorry for waffling on.....

    • @zioo3117
      @zioo3117 4 года назад

      That original Norton Road bike that broke all the records and was perfect other than a slightly notchy transmission is what the world was looking for. Not some V4 and other bikes so that the Norton name could run on machinery on the road and TT tracks. There was carelessness with money and that was followed by fraud. Someone felt blessed, living high on the hog on other people's money and yes this became out and out criminal fraud. The victims have paid dearly with regard to the magic of the Norton name being an open door to rip off public and private investors everywhere you look at the money trail.

  • @sticksnstuffguy93
    @sticksnstuffguy93 4 года назад +2

    What a complete bummer!

  • @lucerfarul
    @lucerfarul 4 года назад +4

    Simply shocked. What a shame.

  • @SuperMarge123
    @SuperMarge123 4 года назад +2

    Thank you and yes I did find this video useful. I also find it very sad . Miss placed funds and greed what a sad situation and the ordinary man who trusts sufferers once again. Unlike Norton your words can be taken to the bank
    Regards Gareth Wiltshire.

  • @ianwilliams4787
    @ianwilliams4787 4 года назад +6

    Went for an engine assembler position in Nov 2019.. No wonder they ve never responded following the interview 😕It was all false promises...They must have known...

  • @steveengel2079
    @steveengel2079 4 года назад +1

    Great info even though it is sad news. Hope an investor / new owner is found soon.

  • @jeffallinson8089
    @jeffallinson8089 4 года назад +3

    Its a crying shame, those bikes look stunning.

  • @MrDaveNorton
    @MrDaveNorton 4 года назад +1

    very sad. Miss my old MkIII Interstate.

  • @smrtn2441
    @smrtn2441 4 года назад +3

    Very sad. Norton was The Marque when I was a young lad. I just hope someone pays, figuratively speaking.

  • @DerangedResponse
    @DerangedResponse 4 года назад +1

    Thanks for the video. A few months ago I saw a video stating that Norton was making bikes again. I figured something was off when I went to their website and noticed they were selling used bikes. I thought that was a bit odd for a company to be doing. Most motorcycle manufacturers don't sell used bikes. To be honest, scam operation or not, I really didn't think they'd get all that far. They wanted waaaaaay too much money for their bikes. And bike makers are scrambling as it is to get riders as it is. And Norton's asking price wasn't going to get those new riders. The best they could hope for would be a niche market for the RUBs. Who knows? Maybe someone will restart Vincent - and use Triumph's business model.

  • @TheLifeOfWalsh
    @TheLifeOfWalsh 4 года назад +37

    The poor staff? Maybe the guys in production! But all the management team deserve the jail!
    The “staff” you feel sorry for knew everything that was going on! And continued to call me and tell me my bike was on production line and will be ready in 3 weeks! And I had to pay my £40,000 balance for it to be assembled! So I did! £45,000 out my kids savings accounts as my bike was there!!! So I paid it! That was in August! Now they are bust... and guess what! My bike never existed! No frame! No wheels! No engine! Even though they have me a chassis number! This was the staff! Not Stuart! The staff! So I feel sorry for No1! They are as guilty as him! Even on the Tuesday of the week they went bust! 24 hours before they did! The “staff” were emailing me telling me how I shouldn’t worry and my bike was there and getting built! I’m blown away! And angrier than anyone could imagine!
    And the tax man!!! Taking tax money first!
    Why should norton be paying tax! None of the taxable sales were delivered!
    So I paid £45,000 in full to norton. I paid tax on that money when I earned it! Then norton are being charged the tax for the sale!!!
    But there was no sale!! I never received a bike, or even a handlebar! So why should I be paying tax and norton paying tax! The government are just as bad as the staff!!!

    • @paultanton4307
      @paultanton4307 4 года назад

      Can I ask when you paid a deposit for your bike ?.

    • @gimmieliberty6514
      @gimmieliberty6514 4 года назад +4

      I'm relaunching the shuttleworth snap 500,send me 5 grand now ,I'll make a start when I get back of holiday

    • @davidk1644
      @davidk1644 4 года назад +13

      £45.000 out of your kids savings accounts for your motorbike? Do you think you may have got your priorities wrong there, I have sympathy for you being swindled but perhaps you should have cut and run rather than do that.

    • @HarleyRog
      @HarleyRog 4 года назад +5

      So you took 45000 from an innocent persons savings and invested it badly and lost their money...... are you detecting a parallel theme here?? Pot, kettle?

    • @TheLifeOfWalsh
      @TheLifeOfWalsh 4 года назад +7

      I took it out the kids savings as I would have financed the bike when it came and put that money back. Saves me drawing money from businesses and paying huge levels of tax.
      I am in a lucky position that I can put that money back today. However it will cost a further £20,000 in tax! So £65,000 to put back the £45,000.
      Just ridiculous that this can be allowed to happen. It’s a clear crime, and customers should be refunded from the proceeds of crime act!

  • @ausforce1
    @ausforce1 4 года назад +2

    This explains why the commando was so stupidly priced ! I love that bike but when I saw the price on was like "huh are they insane, they are just starting out again I would have thought they wanted to sell units not a handful of "display" bikes to old men"
    Stupid business model and obvious that he never wanted the heat of tens of thousands of sales that he never intended to deliver.

  • @martincornish3179
    @martincornish3179 4 года назад +11

    Never did trust him couldn't put my finger on it but I always thought there was something not quite right about the man , not genuine.

    • @kderules
      @kderules 4 года назад +2

      A shyster all day long..

    • @rodtew7296
      @rodtew7296 4 года назад +2

      amen...

  • @malcolmabram2957
    @malcolmabram2957 3 года назад

    These bikes are so beautiful and look so well made. All the expertise and craftsmanship building these monoliths. But then, money before people.

  • @about2mount
    @about2mount 4 года назад +14

    Norton’s German distributor Joe Seifert, who had seen this coming had moved to secure and register the company name in most European countries in order to safeguard it. They could possibly have come back once he is aware of it's full demise in the UK. Many think Norton is Norton, it in fact has engines still being made in China and frame components from China, India and Japan.
    Seifert would have only needed China and a well placed assembly headquarters in Taiwan or one would think. But sadly this has been out done by a Chinese trademark troll who has the engine die's and is already producing Norton Motorcycles for Asia and all of South East Asia. In fact the new 2020 shipments have arrived here in the Philippines where I am presently.
    Atlas, Nomad & Ranger lines are being produced in China underneath Garner's own nose and have been for a long while.

  • @gangadharareddyk8793
    @gangadharareddyk8793 3 года назад +1

    India’s two wheeler manufacturer TVS Motors acquired the Norton in an all-cash deal.

  • @Bredaxe
    @Bredaxe 4 года назад +14

    I had initially found it odd when John McGinnis announced he was signing with Kawasaki for this year's TT. I had though that maybe it was so to his Norton's breakdowns during last year's races. But a few days after reading that, Visor Downs article was published and it all made more sense. How long has the industry insiders known? That's a big question for myself. These types of business shenanigans usually get sniffed out well in advance of the doors shuttering. It's going to be interesting to hear who really knew or tried to alert others. It's a very sad day for a piece of motorcycling heritage. No matter the brand, things like this affect the ability of legitimate startups/restarts from even getting investors. I'm just amazed at the number of people still handing money over to companies that can't even afford to deliver minimal orders.

    • @missydee6085
      @missydee6085 4 года назад +3

      Seeing that engine bolt hanging out the side of his bike at The Gooseneck on the opening lap of the Senior last year was shirley the last straw for JM. It's a minor miracle that he's still with us - given the catastrophe that might have ensued had he not stopped on t'other side of the mountain. It's a wonder he didn't sue the buggers!

    • @terrymoore4208
      @terrymoore4208 4 года назад +1

      And he his still waiting for his money from norton

    • @missydee6085
      @missydee6085 4 года назад

      @@terrymoore4208 I didn't know JM hadn't been paid. I guess the reason(s) are now crystal clear, sadly.

    • @markfoster2033
      @markfoster2033 4 года назад +1

      @@missydee6085 McGuiness posted on social media a few weeks ago asking if anyone saw Garner to ask him to get in touch with him as he couldn't get hold of him,then a few days later he announced that he was riding the Kawasaki at this years TT...

    • @interman7715
      @interman7715 4 года назад

      Missy Dee English bikes have just about always been unreliable.

  • @alanfenick1103
    @alanfenick1103 4 года назад

    What a shame! I have ridden Norton’s for many years from the Atlas 750 to the Dunstall 810 in the late 70’s. I had great hope for the return of such a great name in Motorcycling! Hope someone will buy the assets and return the company to the marketplace!

  • @StephenWhite55
    @StephenWhite55 4 года назад +4

    Kenny Dreer, the real developer of the new Norton (in Portland, Oregon) must be shaking his head in disbelief, right about now...

    • @Oldbmwr100rs
      @Oldbmwr100rs 4 года назад +1

      He put everything into making his dream bike, but could never build a prototype he was happy with, and eventually at least refunded the order moneys. I was in a Norton club for years, and so many members had such great hopes for this, sad to hear it isn't looking like it's going to happen again.

    • @motoman9892
      @motoman9892 4 года назад

      Dreer and Buell. Both ended up on the scrap heap of motorcycle history.

    • @markmark2080
      @markmark2080 4 года назад

      @@motoman9892 At least they ended up with RESPECT, wish there were more of them...

  • @gw10758
    @gw10758 4 года назад

    Thank you Stuart for the news.