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Topic: And EBR bites the dust...  (Read 11565 times)
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garry
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« on: April 15, 2015, 07:11:49 pm »
Pity. I figured the Hero connection would keep them afloat while trying to build some market share.
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R Doug
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« Reply #1 on: April 15, 2015, 07:31:47 pm »
Sad.  I like the man for his passion and ingenuity.  Making a living making and selling motorcycles can not be easy.
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« Reply #2 on: April 15, 2015, 08:18:07 pm »
Quote from: R Doug on April 15, 2015, 07:31:47 pm

Sad.  I like the man for his passion and ingenuity.  Making a living making and selling motorcycles can not be easy.

Hadn't heard this bad news.
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« Reply #3 on: April 15, 2015, 09:15:54 pm »
I too thought that Hero was the answer. Sad
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« Reply #4 on: April 15, 2015, 10:20:17 pm »
No surprise here.  http://www.motorcycle-usa.com/576/24451/Motorcycle-Article/Erik-Buell-Racing-Goes-into-Receivership.aspx

He failed going at it alone, then he failed with H-D support,  and now he's failed with Hero and their support. I wonder what's next?

A local dealer had 1190 RX's priced at $14,999 last week, I wonder what they're priced at today?

Paul
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« Reply #5 on: April 16, 2015, 12:44:54 am »
Very sad. I had hoped he would make it. He is a brilliant designer.

As far as I can tell, nothing's been said about the racing team yet. I wonder if they'll be at Assen?
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« Reply #6 on: April 16, 2015, 11:51:36 am »
Too bad, great guy.
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« Reply #7 on: April 16, 2015, 03:14:49 pm »
Garry don't be suprised if Hero buys the rest of the shares. Something stinks......intentional lack of marketing.....lack of real world motorcycles being produced......... They own 49% already and the bidding starts soon. Welcome to the new India based motorcycle company in America (maybe).

$14999.99 was gonna be the new list price or always be the new selling price.  A little too late.

The whole story doesn't makes sense from begining to end, from top to bottom.
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« Reply #8 on: April 16, 2015, 03:36:30 pm »
$20 million in debt?

Good luck getting more financing.

- Dan
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« Reply #9 on: April 16, 2015, 04:50:31 pm »
https://www.sport-touring.net/forums/index.php/topic,105537.msg2354618/topicseen.html#new
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« Reply #10 on: April 16, 2015, 05:08:58 pm »
Is anyone surprised?

Erik Buell has never really wanted to build street motorcycles.  It was always just what he HAD to do in order to finance his passion for racing.

He never seems to learn from his mistakes and EBR racing proved again that Racing first and building motorcycles people actually want to buy second is a shitty business model.

But look at the bright side - he gets to try again, and again, and he'll probably still be racing out of his own garage.   Some poor executive at HERO, on the other hand, is probably being ritually stoned to death right now.

 
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whodom
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« Reply #11 on: April 22, 2015, 09:19:14 pm »
EBR may not be done yet:

http://www.asphaltandrubber.com/oped/erik-buell-racing-receivership-explained/
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« Reply #12 on: April 23, 2015, 11:44:07 am »
Quote from: whodom on April 22, 2015, 09:19:14 pm

EBR may not be done yet:

http://www.asphaltandrubber.com/oped/erik-buell-racing-receivership-explained/


It's over... period!
EBR bikes have sat on showroom floors for a long time and not sold. There are bike with more HP and better technology available at a lower price and they come with a supporting dealer/manufacturer network.

Paul
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« Reply #13 on: April 23, 2015, 04:15:29 pm »
http://www.motorcyclistonline.com/erik-buell-racing-ceases-operations-ebr-update-bankruptcy-industry-news?src=SOC&dom=fb
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« Reply #14 on: April 23, 2015, 09:58:26 pm »
 EEK!  $10,900   ...!

http://www.sdbmwmc.com/default.asp?page=xNewInventoryDetail&id=1226859&p=3&s=Model&d=D&t=new&fr=xNewInventory
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« Reply #15 on: April 23, 2015, 10:02:12 pm »
actually...   EEK!  EEK!  EEK!  $8,999 !!

http://www.cycletrader.com/listing/2014-ERIK-BUELL-RACING-1190SX---Demo-113061462
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motrhead
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« Reply #16 on: April 23, 2015, 10:05:20 pm »
 Wow Drool  ...and not legal for us Canadians...
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« Reply #17 on: April 24, 2015, 08:50:16 am »
OK, so who's going to step up and buy one? No excuses about it being too expensive now...   Sleepy

Paul
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mugwump58
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« Reply #18 on: April 24, 2015, 06:22:03 pm »
Not me I'm savin' for an 1190.
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« Reply #19 on: May 29, 2015, 03:47:45 am »
This would be a very nice piece to place in one's garage for a few years.....
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