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INDIA’S TVS ACQUIRES NORTON MOTORCYCLES; PRICE TAG: £16 MILLION

INDIA’S TVS ACQUIRES NORTON MOTORCYCLES; PRICE TAG: £16 MILLION

Posted on April 22, 2020August 27, 2023 By Jarvis

It has been a long and winding road for Norton Motorcycles. Founded in 1898 as a parts manufacturer, and first producing motorcycles in 1902, Norton built a storied history until its first demise in 1975. Along the way, great successes in racing and iconic models such as the Manx and Commando series established the marque’s place in history. Various revivals of the brand have been attempted since the 1980s, with Stewart Garner helming the latest iteration of Norton since 2006, with the manufacturing of new motorcycles in Donington Park. That effort evaporated in January with Norton going into bankruptcy yet again. The next chapter begins now, with the purchase of North Motorcycle Company by India-based TVS Motor Company for £16 million (nearly $20 million).
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https://ultimatemotorcycling.com/2020/04/21/indias-tvs-acquires-norton-motorcycles-price-tag-16-million/

Motorcycles Tags:Motor, motorcycles, racing

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