EBR closes

[Roadscum]

Yes, EBR bikes sat on showroom floors.  Perhaps the lack of any significant marketing might explain that?  (WHY EBR hasn't marketed the hell out of them is a legitimate question.)

Where do you come up with this three time loser crap?  #1 HD came to him and ASKED to buy his company.  How is that "losing"?  #2 Buell operated for ~20 years under HD ownership before they shut Buell down.  That's a better record than a lot of businesses.  #3 EBR may turn out to be a failure, but the jury's still out on that one.

I really thought your boner for Mr. Buell would have subsided by now....

I harbor no ill will toward Erik, perhaps it's you he gives wood!  

Yes, a 3 time loser, that's clear to any reasonable man with just a smidgen of business sense.

Buell operated under H-D for only 6 years not the 20 you proclaim. Buell became a wholly owned subsidiary of Harley-Davidson by 2003.
On October 15, 2009, Harley Davidson Inc. announced the end of production of Buell Motorcycles.

Paul

[Sport-Touring]

[whodom]

I harbor no ill will toward Erik, perhaps it's you he gives wood!  

Yes, a 3 time loser, that's clear to any reasonable man with just a smidgen of business sense.

Buell operated under H-D for only 6 years not the 20 you proclaim. Buell became a wholly owned subsidiary of Harley-Davidson by 2003.
On October 15, 2009, Harley Davidson Inc. announced the end of production of Buell Motorcycles.

Paul

You just seem a little jubilant at the company's current predicament.

Harley acquired 49% of Buell in 1993; they bought the remainder in 2003.  So, 2009 - 1993 =  16 years under Harley.  I still don't get how you can call his initial start and later acquisition by Harley as a loss in any sense of the word.  

Hugh

[naustin]

Oh yeah - having the business suddenly shuttered in 2009 - and putting all his employees out on the street 2 months before Christmas isn't failure at all.  

[whodom]

Oh yeah - having the business suddenly shuttered in 2009 - and putting all his employees out on the street 2 months before Christmas isn't failure at all.  

I didn't claim the 2009 closure wasn't a failure.  I'm saying the acquisition of Buell's original motorcycle company by Harley starting in 1993 wouldn't be called a failure by a reasonable person.  E.G.- TWO failures, not THREE.

[Roadscum]

I didn't claim the 2009 closure wasn't a failure.  I'm saying the acquisition of Buell's original motorcycle company by Harley starting in 1993 wouldn't be called a failure by a reasonable person.  E.G.- TWO failures, not THREE.

In 1993 Buell needed a cash infusion, it was on the verge of failure. H-D stepped up bought 49% of Buell to keep it afloat. OK let's call it a potential failure saved by a bailout from H-D, the same H-D that folks like to blame for the next failure. That makes the score 1 bailout and 2 failure, I OK with that.    

Paul

[whodom]

Hmm.  What if Erik's current "failure" was deliberately induced by a lying, stealing "partner"?

Insiders say that Hero has not paid EBR about $20 million owed for engineering and design work EBR did on 13 new Hero models for the Indian market. EBR bore the expense of the engineering and design work, then ran out of operating capital while waiting to be paid for that work, those insiders said.

http://www.roadracingworld.com/news/hero-motocorp-ltd-trouble-in-india/

[veefer800canuck]

From Hero to Zero.  




(hey, somebody had to do it)

[Roadscum]

Hmm.  What if Erik's current "failure" was deliberately induced by a lying, stealing "partner"?



http://www.roadracingworld.com/news/hero-motocorp-ltd-trouble-in-india/

Sure, place the blame on Hero, why not! Some enjoyed placing the blame on H-D last time around.  

The fact is Buell Motorcycles are taking up valuable space on the showroom floor, have been deeply discounted to junk bond status........ and the dealer are not happy campers.

Anyone here own one yet?

Paul

[whodom]

The fact is Buell Motorcycles are taking up valuable space on the showroom floor, have been deeply discounted to junk bond status........ and the dealer are not happy campers.

I'm pretty sure there haven't been any Buell motorcycles on showroom floors in 3 or 4 years.  

[tankhead]

Paul, did you read the article posted?  If not, why not?  Buel this Buell that.... it gets old.  

Fact is Hero didn't pay the company that they have 49% stake in so that they (EBR) had to close operations. It will be possible now to buy the company pennies on the dollar.... however

I doubt a judge will dance with this one but ya never know.......

[mugwump58]

And now the racing is over
http://www.motorcyclenews.com/sport/world-superbikes/2015/april/hero-ebr-withdraw-from-wsb-series/

[Roadscum]

Paul, did you read the article posted?  If not, why not?  Buel this Buell that.... it gets old.  

Fact is Hero didn't pay the company that they have 49% stake in so that they (EBR) had to close operations. It will be possible now to buy the company pennies on the dollar.... however

I doubt a judge will dance with this one but ya never know.......

Yes, I did read the article. It was short on facts . Who are the insiders and why the $$  hold back? Certainty the Buell fans and supports(the insiders?) would be willing to start such a rumor. Big corporations don't welsh on contracts because the risk/cost of damages is very high. IF Hero did not pay the Buell it's likely Buell did not deliver on his end of the deal.

Do you think, just maybe, those bikes sitting on the show room floor have had a impact on revenue? Do you think those dealers are now excited about taking on other Hero products as had been planned? Would he still be getting support from Hero had he sold those that are taking up show room space? The damage has been done, and as usual, Erik has left behind a train wreck.

"Train Wreck", now that would be an appropriate title for his next album with the Thunderbirds..

I would like to know your thoughts as to why Erik has yet to be successful in this motorcycle business endeavors?

Paul

[Jesse]

 

Yes, I did read the article. It was short on facts . Who are the insiders and why the $$  hold back? Certainty the Buell fans and supports(the insiders?) would be willing to start such a rumor. Big corporations don't welsh on contracts because the risk/cost of damages is very high. IF Hero did not pay the Buell it's likely Buell did not deliver on his end of the deal.

Do you think, just maybe, those bikes sitting on the show room floor have had a impact on revenue? Do you think those dealers are now excited about taking on other Hero products as had been planned? Would he still be getting support from Hero had he sold those that are taking up show room space? The damage has been done, and as usual, Erik has left behind a train wreck.

"Train Wreck", now that would be an appropriate title for his next album with the Thunderbirds..

I would like to know your thoughts as to why Erik has yet to be successful in this motorcycle business endeavors?

Paul

  sorry I don't have any more fodder for you

[whodom]

Yes, I did read the article. It was short on facts . Who are the insiders and why the $$  hold back? Certainty the Buell fans and supports(the insiders?) would be willing to start such a rumor. Big corporations don't welsh on contracts because the risk/cost of damages is very high. IF Hero did not pay the Buell it's likely Buell did not deliver on his end of the deal.

Yea, no reason to think Hero would welsh on a deal:  http://www.business-standard.com/article/companies/german-firm-hurls-espionage-charge-at-hero-cycles-114100900030_1.html

[Roadscum]

Yea, no reason to think Hero would welsh on a deal:  http://www.business-standard.com/article/companies/german-firm-hurls-espionage-charge-at-hero-cycles-114100900030_1.html

Just more accusations and finger pointing but no final judgment either for or against Hero.

I ask again..... Why do you think Erik has yet to be successful in any of his motorcycle business endeavors? Anyone....

Anyone here running out to buy a new Buell at junk bond pricing?

Paul

[whodom]

I ask again..... Why do you think Erik has yet to be successful in any of his motorcycle business endeavors? Anyone....

What's your definition of success?  Several thousand motorcycles are on the road with the man's name on them built over a period of nearly 30 years; that sounds pretty successful to me.

[Roadscum]

What's your definition of success?  Several thousand motorcycles are on the road with the man's name on them built over a period of nearly 30 years; that sounds pretty successful to me.

Some might consider that a measures, of to me success is sustainability, profitability, and products that are in demand.  I wonder what Erik would say?

At one time there was a bunch of Yugo's on the road, success, I think not.

Paul

Paul

[whodom]

Some might consider that a measures, of to me success is sustainability, profitability, and products that are in demand.  I wonder what Erik would say?

At one time there was a bunch of Yugo's on the road, success, I think not.

I'd think a more appropriate comparison would be Vincent motorcycles. They produced motorcycles over a similar span of time before going bankrupt, yet I don't see people referring to Phil Vincent as a failure.

[mugwump58]

Ahhh, touché

[veefer800canuck]

I'd think a more appropriate comparison would be Vincent motorcycles. They produced motorcycles over a similar span of time before going bankrupt, yet I don't see people referring to Phil Vincent as a failure.

^^^^ LIKE