EBR Closes / Bankruptcy

[s0dhi]

http://www.jsonline.com/business/er...s-for-receivership-b99481936z1-299863281.html

 

[fishxb12]

Nooooooo.... thay really sucks.

 

[streetfighterx]

WHAT?! After that C-Net article earlier today I thought EBR was doing fine...

 

[noone1569]

I'm hoping this isn't true =(

 

[Enemy Zero]

Sad, sad news. Unfortunately they bikes were just not selling. The dealer here in Vegas told me they sold 1(!) the entire time they've had them. I wanted to see bigger and greater things from his company. I just think too many people saw the prices as steep and it was scary to buy that deep into a newly established company.

The people I know that have them, love them and cherish them. Hold on to them people.

Wonder if there will be a fire sale like the HD/Buell one.

 

[Cosworth]

Im really hoping this isn't true as well... Guess we'll just have to wait and see if anything actually comes of this.

Of course we all know there's nothing but truth on the internet right?

 

[burgandy25]

I wonder how this will affect the EBR store. I.e. the EBR ECMs and the 1125 oiling rotor parts. Hope they will continue support for those of us who have yet to get a hold of them.

 

[heagachongoose]

I'm really hoping this isn't true as well... Guess we'll just have to wait and see if anything actually comes of this.

Of course we all know there's nothing but truth on the internet right?

Yeah.... Honestly I have been suspecting something along these lines would happen...I have been hearing things from all over the interwebs... Hopefully this is just some sick joke. But if not, hopefully Buell doesn't sell his soul to hero and end up in another HD'esque situation.

 

[thrstrmech]

bummer...did Hero pull out? they invested 25 million into EBR...maybe Rotax will come aboard since they wanted to buy Buell from Harley back then? crap, crap, crap

 

[buellerchris]

Papers will be signed in 20 minutes. This is no joke folks.

 

[Cosworth]

^ I don't like you anymore. [sad]

 

[heagachongoose]

IDK.....


I wonder what would happen if we started a go fund me for EBR? If every bueller donated it might make a difference.

 

[noone1569]

IDK.....


I wonder what would happen if we started a go fund me for EBR? If every bueller donated it might make a difference.

I already donated 18,999$

 

[streetfighterx]

I wonder what the inner workings with Hero were like? There was the whole thing with people saying Hero bike were gonna be sold through EBR dealers and that never happened.

Then the fact that the $50 million valuation Hero put on EBR in 2013 was way too much.

 

[noone1569]

My guess:

EBR files for bankruptcy against creditors (mainly Hero), goes into receivership.

Hero purchases EBR from receiver.

Hero Motorcycles USA is launched.

 

[heagachongoose]

^ yep. And in total control.

 

[noone1569]

^ yep. And in total control.

You don't become the largest motorcycle manufacturer in the world by being stupid and investing 50million in a fledgling company.

 

[djs2k2]

You have got to be kidding me!

 

[thrstrmech]

more concerned with what now in support of the motorcycles sold? would it be like the HD contract for Buell? guess it's too early to speculate until pen meets paper.

 

[djs2k2]

Can we get some clarification on this sick April fools joke! "I pray"!