Seven questions raised about the NORTON COLLAPSE
Mar 04, 2020
4 minutes
WORDS: Ross Mowbray / MoreBikes.co.uk
Norton Motorcycles has gone into administration, as it is pursued by HMRC for £300,000 in unpaid taxes. Whilst the dust on this news settles, MoreBikes had a dig through its news archive to see what the company has been doing over the past few years – and doing this raised a few questions, like:
1: HOW DID THIS HAPPEN?
Norton has been very busy over the past three years, acquiring a range of investments, making a range of export and licencing deals and seemingly selling plenty of bikes (well, taking deposits for plenty of bikes at the
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