EBR Closes / Bankruptcy

[GregoXB]

Indian? Hm. I wonder if they will build an 1130cc air-cooled XB type bike? Or an 1800cc? I'd get in on that.

 

[Hughlysses]

Now HERE's an interesting article. A layman's level legal explaination of the receivership process and what it coudl mean for the future of EBR:

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

 

[mrlogix]

fuckery, total fuckery. I feel for Erik. I have had 4 patents over my career. Each time the patent relating to a new part or process inline with my job, ergo, ownership belongs to the companies I worked for. I received compensation (token) for these. It's the way the game is played. I finally figured out **** the glory, it's all about the money and keep my ideas to my self. I would love to make the villain in this totally Hero, but old age brings a little wisdom. After Erik's last deal with HD, I am sure that he had lawyers (a bunch) go over all the negotiations with the Hero deal. The intent of the partners is the unknown. (e.g., what evil lies in the hearts of men, only the shadow knows). Erik should have had a partner on his side of the business that is a sales/marketing guru. It's hard to take over a company that is successful. Hopefully Erik learns like I did (with me it is two start-ups later) and comes out of this with the capability of starting again.

 

[303xb]

Sent Erik a message on LinkedIn yesterday and we had a small back and forth. What a cool guy -- anyway, it sheds some light on the receivership portion. He really has no say it sounds like. Conversation starts at the bottom.


Jack,

No I do not have any in my personal garage!

Ahh yes, the internet forum knowledge pool....

The receiver is definitely working with the goal of finding a buyer to keep the business going forward, but certainly I cannot promise that is what will happen and cannot say when.

Erik



On 4/22/15, 8:43 AM, Jack Hamlin wrote:
--------------------
You don't have any spares laying around the garage?

I'm sure you cannot talk about it, but the Buell forums are buzzing with all sorts of speculation. Any idea if EBR will emerge from the ashes?



On 4/22/15, 8:39 AM, Erik Buell wrote:
--------------------
Jack,

I am hoping also, as we were incredibly close to being over the hump and on our way.

Unfortunately at the moment while the receiver determines the path forward, all assets (including parts) are locked from leaving the building. Not sure when or in what manner they may be released.

Erik

On 4/21/15, 4:14 PM, Jack Hamlin wrote:
--------------------
Erik

So very saddened to see EBR go offline. You and your bikes are the only reason I ride motorcycles. I am hopeful for one more Buell comeback.

I have owned 2 xb's (xb9/12) and plan to grab an 1190sx from Reno Powersports in KC next week. My question is: Is there any possible way to get my hands on an 1190sx race kit (ecm/exhaust tips)? I realize the website/store is shut down, just hoping you might have a few laying around.

Thanks... All the best my friend.

Jack

 

[Timeless]

Or he knows to wisely keep his mouth shut. Personally, I think EBR will be back in some form or another, possibly being majority or wholy owned by Hero.

 

[jetlee]

AMCN can confirm EBR falling under receivership was all part of a carefully planned strategy for Indian giant and 49.2 percent part-owner Hero MotoCorp to gain full control of the company.

They "can confirm" yet they didn't.

Indian? Hm. I wonder if they will build an 1130cc air-cooled XB type bike? Or an 1800cc? I'd get in on that.

Hero is headquartered in India, making them an Indian company by nationality. Not the Indian-brand motorcycles.

 

[Hughlysses]

The weird thing is right now we have two almost opposite takes on the receivership:

1- AMCN says this is all part of Hero's master plan to acquire all of EBR.

2- Asphalt & Rubber says Hero would have gone to great lengths to avoid this situation if they intended to acquire all of EBR.

With the former EBR employees out finding jobs as fast as they can, the EBR dealer network in disarray, and signs of an EBR 1190 firesale already starting, (2) makes more sense to me than (1).

Hopefully we won't have to wait a year to find out what happens.

 

[Tbone]

Dang, I get a knot in my stomach everytime I look at this thread. I am just a poor boy and nobody wants me... especially at a stealership. I usually look at the used bikes and haggle like a cheap ass, pointing out as many flaws as possible and always asking for warranties, upgrades, accessories, better new tires, new brakes, etc... during the off season they are more willing to make a sale. I was hoping to be haggling over some used 1190 Buells, preferrably an AX if it ever gets built? Hoping this ends well!

 

[djs2k2]

AX is out of the question until this is sorted out and may never be of things get sour!

 

[Route0766]

May be next year I can afore this baby:

 

[bike30]

Hello guys,

I found one incredible and amazing motorcycles with S&S V-Twin engine 1640cc - 170Nm at 3 000 RPM. Can you imagine it?
This manufacture is French, and the name is Avinton motorcycles . Have a look in their website: www.avinton.fr
see you!!

 

[everyother_time]

I really hate to see EBR go, possibly he'll just bounce back if another company buys him.. I'm over the whole American made aspect of things lately (when especially nothing is American Made anymore). I will definently be watching the 1190RX though, if one around me drops below 10,000 then I'm probably gonna jump on it.

 

[djs2k2]

Bike30- only has two post and is only posting about avinton motorcycles huuuuummmmm?

 

[mrlogix]

^^ that's why I wouldn't click on the link.

 

[Hughlysses]

Didn't those used to be called Voxan's (something like that?). They're very cool bikes, but I'll bet an carbon-edition 1190RS would be cheaper.

 

[Hughlysses]

Post-closure interview with Erik posted this afternoon: http://www.motorcyclistonline.com/e...pdate-bankruptcy-industry-news?src=SOC&dom=fb

“At this time I’m not able to say much at all,” Erik Buell said in a phone interview shortly after the announcement. “What I can say is this—we had what we thought was rock-solid funding in place, and when that deal didn’t come through, we were left with no other option.” Buell would not comment on the status of EBR’s relationship with Hero, financial or otherwise. “It’s just not worth talking about what’s in the past,” he said.

It sure sounds like Hero backed out.

 

[djs2k2]

Fu¢k EM

 

[mrlogix]

^^ [up]
I'm with DJ on this one. If they ever release a bike in the US I hope it goes the way that the Yugo went. Straight down the tubes. F*ckery by God.

 

[GregoXB]

Hero has no market in the US. Never will. They don't need a market in the US either. They'll just be forever known, or unknown, as that Indian company that makes those ****** scooters for the Asian peasant population. With Honda flushing them down the toilet, Hero has next to no hope of creating a motorcycle that commands any respect. Honda was smart to starve them of technology, the Japanese businessmen sniffed out the curry long before it exuded from the rectums.

 

[303xb]

http://m.cycletrader.com/dealers/A&...014-ERIK-BUELL-RACING-1190SX---Demo-113061462

9k. 5mi