ADVrider

Go Back   ADVrider > Riding > Regional forums > Central – From Da Nort Woods to the Plane States
User Name
Password
Register Inmates Photos Site Rules Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Search this Thread Display Modes
Old 01-04-2013, 07:21 AM   #55591
SlipChip
Adventure Commuter
 
SlipChip's Avatar
 
Joined: Nov 2006
Location: East of CleveOh
Oddometer: 2,850
Quote:
Originally Posted by muddyrabbit View Post
I agree, Erik is finally free, and better off. It's the little known facts of the deal that are just wrong.

At the time HD made the decision to close Buell:
-HD was $55 million dollars in the hole
-There was a termination clause in the engine contract with Bombardier which cost HD over $10 milion.
-Bombardier was willing to cancel the termination clause for the rights to Erik's next sport bike which was still in development and the rights to the "Griffin", Erik's dirt bike prototype which was already in testing with pro riders
-Bombardier would have kept all the Buell employees, given Erik more freedom than he ever had with HD, and was prepared to invest more.

Can you imagine what Erik could have done with the backing of a company that already does creative shit like the Can-Am roadster? Remember that Can-Am was once a storied dirt bike company, the Griffin would likely have been the starting point to relaunch the breed.

For me though the biggest thing was the way HD shafted those employees when there was this offer and others that would have kept those jobs going. In the middle of a recession the wouldn't let someone essentially pay them $10 million to keep those people working, and instead paid the $10 million fee to Bombardier.
+1

I cornered a Harley MoCo rep at the bike show after this deal went down and gave him an earful. Pointless really but it made me feel better for a bit. Say what you want about the bikes but Harley sucks and the corporate management are a bunch of asshats!
__________________
Chip
`92 Yamaha TDM 850

“Discoveries are often made by not following instructions, by going off the main road, by trying the untried.” - Frank Tyger

"Life begins at the end of your comfort zone." - Neale Donald Walsch
SlipChip is online now   Reply With Quote
Old 01-04-2013, 08:06 AM   #55592
ArmyJoe
Studly Adventurer
 
ArmyJoe's Avatar
 
Joined: Jul 2011
Location: Columbus, OH
Oddometer: 963
Quote:
Originally Posted by rxcrider View Post
On the other hand, it may turn out to be the best thing to happen to Erik in terms of freedom to build a world class sport bike.
http://www.erikbuellracing.com/motorcycles/1190rs/
Sweet, he kept the Pegasus / winged horse logo. That gives me more gift options for the wife (http://www.ebrracewear.com). She loves her Buell Blast.
__________________
2009 Can-Am Spyder RS, 2008 Yamaha WR250R

My latest adventures detailed at ArmyJoe's Perpetual Picture Thread:
http://advrider.com/forums/showthread.php?t=888783
ArmyJoe is offline   Reply With Quote
Old 01-04-2013, 08:39 AM   #55593
muddyrabbit
Lost Boy
 
muddyrabbit's Avatar
 
Joined: Aug 2007
Location: Fugawee Land.
Oddometer: 3,480
Quote:
Originally Posted by ArmyJoe View Post
Sweet, he kept the Pegasus / winged horse logo. That gives me more gift options for the wife (http://www.ebrracewear.com). She loves her Buell Blast.
Did you ever see the video of Erik when he announced the Blast was dead and HD crushed the remaining ones? He was near tears. The one where he announced the closing was worse, he was in tears.

I'm not really into sport bikes, but he is #2 on my list of motorcycle people I would like to meet someday. A brilliant mind, combined with his passion, and he actually cared about all the people working for him. He has some very restrictive clauses in his contract with HD that he has to honor until they run out. When they expire I hope he does make a deal with Bombardier. Can you imagine the adventure tourers that would come from the house of Buell/Bombardier?

Sent from my DROID4 using Tapatalk 2
muddyrabbit is offline   Reply With Quote
Old 01-04-2013, 09:01 AM   #55594
rxcrider
Beastly Adventurer
 
rxcrider's Avatar
 
Joined: Apr 2007
Location: N Ridgeville OH
Oddometer: 1,174
Quote:
Originally Posted by muddyrabbit View Post
I agree, Erik is finally free, and better off. It's the little known facts of the deal that are just wrong.

At the time HD made the decision to close Buell:
-HD was $55 million dollars in the hole
-There was a termination clause in the engine contract with Bombardier which cost HD over $10 milion.
-Bombardier was willing to cancel the termination clause for the rights to Erik's next sport bike which was still in development and the rights to the "Griffin", Erik's dirt bike prototype which was already in testing with pro riders
-Bombardier would have kept all the Buell employees, given Erik more freedom than he ever had with HD, and was prepared to invest more.

Can you imagine what Erik could have done with the backing of a company that already does creative shit like the Can-Am roadster? Remember that Can-Am was once a storied dirt bike company, the Griffin would likely have been the starting point to relaunch the breed.

For me though the biggest thing was the way HD shafted those employees when there was this offer and others that would have kept those jobs going. In the middle of a recession the wouldn't let someone essentially pay them $10 million to keep those people working, and instead paid the $10 million fee to Bombardier.

Sent from my DROID4 using Tapatalk 2
I didn't realize BRP made an offer to get Buell. I guess HD = Heavy Duchebaggery

Meef - I'll let you spell check your word
__________________
'95+'95+'96 BMW R1100RS/RSL
'99 Husky WR250
'98 Honda XR 70
AMA, OMTA (ohio organization), BRC, BMWMOA
rxcrider is offline   Reply With Quote
Old 01-04-2013, 09:44 AM   #55595
Danjal
Insert wit here.
 
Danjal's Avatar
 
Joined: Oct 2011
Location: Location,Location
Oddometer: 1,806
Quote:
Originally Posted by muddyrabbit View Post
I agree, Erik is finally free, and better off. It's the little known facts of the deal that are just wrong.

At the time HD made the decision to close Buell:
-HD was $55 million dollars in the hole
-There was a termination clause in the engine contract with Bombardier which cost HD over $10 milion.
-Bombardier was willing to cancel the termination clause for the rights to Erik's next sport bike which was still in development and the rights to the "Griffin", Erik's dirt bike prototype which was already in testing with pro riders
-Bombardier would have kept all the Buell employees, given Erik more freedom than he ever had with HD, and was prepared to invest more.

Can you imagine what Erik could have done with the backing of a company that already does creative shit like the Can-Am roadster? Remember that Can-Am was once a storied dirt bike company, the Griffin would likely have been the starting point to relaunch the breed.

For me though the biggest thing was the way HD shafted those employees when there was this offer and others that would have kept those jobs going. In the middle of a recession the wouldn't let someone essentially pay them $10 million to keep those people working, and instead paid the $10 million fee to Bombardier.

Sent from my DROID4 using Tapatalk 2

Money trail. I'm wagering the bean counters found a way that cost them less in the long run so the fee came out as a positive. Or they're retaining rights to something.
Danjal is online now   Reply With Quote
Old 01-04-2013, 09:48 AM   #55596
CBBaron
Studly Adventurer
 
CBBaron's Avatar
 
Joined: Sep 2009
Location: Cleveland
Oddometer: 974
Quote:
Originally Posted by Danjal View Post
Money trail. I'm wagering the bean counters found a way that cost them less in the long run so the fee came out as a positive.
Could have also been that HD did not want a "made in America" competitor, even if the bikes were not comparable.

But Im guess you are correct. in business finance it is seldom the case that $1+$1 = $2

Craig
CBBaron is online now   Reply With Quote
Old 01-04-2013, 09:58 AM   #55597
muddyrabbit
Lost Boy
 
muddyrabbit's Avatar
 
Joined: Aug 2007
Location: Fugawee Land.
Oddometer: 3,480
What HD execs said over and over was the product lines were too integrated to separate. My ass, not even assembled in the same building and Bombardier wanted the rights to bikes that weren't even in production yet, and didn't use HD engines.

Good reading on the subject:

http://m.motorcycle-usa.com/682/5642...Exclusive.aspx
muddyrabbit is offline   Reply With Quote
Old 01-04-2013, 10:15 AM   #55598
Danjal
Insert wit here.
 
Danjal's Avatar
 
Joined: Oct 2011
Location: Location,Location
Oddometer: 1,806
Quote:
Originally Posted by CBBaron View Post
Could have also been that HD did not want a "made in America" competitor, even if the bikes were not comparable.

But Im guess you are correct. in business finance it is seldom the case that $1+$1 = $2

Craig
Could be. Some companies have been known to sell at a loss to kill competitors. Lose now to gain much more later. It's all strategy and how to make the most money,hence the money trail comment.
Danjal is online now   Reply With Quote
Old 01-04-2013, 10:21 AM   #55599
ArmyJoe
Studly Adventurer
 
ArmyJoe's Avatar
 
Joined: Jul 2011
Location: Columbus, OH
Oddometer: 963
Quote:
Originally Posted by rxcrider View Post
I didn't realize BRP made an offer to get Buell.
If only to keep an external customer alive for Rotax, the wholly-owned subsidiary of BRP that makes engines for many (if not all) of BRP's products. If the deal had gone through, my guess is that BRP would have dumped everything but the 1125.
__________________
2009 Can-Am Spyder RS, 2008 Yamaha WR250R

My latest adventures detailed at ArmyJoe's Perpetual Picture Thread:
http://advrider.com/forums/showthread.php?t=888783

ArmyJoe screwed with this post 01-04-2013 at 10:43 AM
ArmyJoe is offline   Reply With Quote
Old 01-04-2013, 10:26 AM   #55600
invisible monster
Gnarly Adventurer
 
invisible monster's Avatar
 
Joined: Sep 2007
Location: Perry County, OH
Oddometer: 477
Quote:
Originally Posted by muddyrabbit View Post
Did you ever see the video of Erik when he announced the Blast was dead and HD crushed the remaining ones? He was near tears. The one where he announced the closing was worse, he was in tears.
I'm not really into sport bikes, but he is #2 on my list of motorcycle people I would like to meet someday. A brilliant mind, combined with his passion, and he actually cared about all the people working for him.

I met him at an EBR open house during the 2010 Buell Homecoming in East Troy. Just a handshake and quick chat while he signed my Ulysses. Comes across as very genuine and has obvious passion for motorcycle development. I didn't witness it myself but there were pictures over on BadWeb of him helping a guy with some repairs in the EBR parking lot . Guy had a Tuber that wasn't running right, Erik pulled some used parts out of his stash for the guy to use if I remember correctly.

He is definitely better off without HD.





invisible monster is offline   Reply With Quote
Old 01-04-2013, 10:32 AM   #55601
muddyrabbit
Lost Boy
 
muddyrabbit's Avatar
 
Joined: Aug 2007
Location: Fugawee Land.
Oddometer: 3,480
I hope you clear coated over that signature!
muddyrabbit is offline   Reply With Quote
Old 01-04-2013, 10:33 AM   #55602
Dyno
Conquistador
 
Dyno's Avatar
 
Joined: Nov 2006
Location: Bottom of Lake Huron
Oddometer: 1,387
Quote:
Originally Posted by MeefZah View Post
But..... no pics of your Strom on it's side????

Meh. Needs more flair. Keep practicing......





Glad you're enjoying it.

Dave
Dyno is offline   Reply With Quote
Old 01-04-2013, 10:40 AM   #55603
invisible monster
Gnarly Adventurer
 
invisible monster's Avatar
 
Joined: Sep 2007
Location: Perry County, OH
Oddometer: 477
Quote:
Originally Posted by muddyrabbit View Post
I hope you clear coated over that signature!
I covered it with a Clear Bra type plastic, seems to be holding up well.
invisible monster is offline   Reply With Quote
Old 01-04-2013, 10:46 AM   #55604
MeefZah
Curmudgeonly
 
MeefZah's Avatar
 
Joined: Nov 2003
Location: New Philadelphia, OH
Oddometer: 9,879
Quote:
Originally Posted by rxcrider View Post
Meef - I'll let you spell check your word
Huh?
__________________
"A man turns his back on the comforts of home, and when the dust all settles and the story is told, history is made by the side of the road..." -DBT, Monument Valley

My Smugmug Galleries
MeefZah is offline   Reply With Quote
Old 01-04-2013, 11:42 AM   #55605
rxcrider
Beastly Adventurer
 
rxcrider's Avatar
 
Joined: Apr 2007
Location: N Ridgeville OH
Oddometer: 1,174
Quote:
Originally Posted by MeefZah View Post
Huh?
Douchebaggery - thought you had laid claim to that term a while back
__________________
'95+'95+'96 BMW R1100RS/RSL
'99 Husky WR250
'98 Honda XR 70
AMA, OMTA (ohio organization), BRC, BMWMOA
rxcrider is offline   Reply With Quote
Reply

Share

Thread Tools Search this Thread
Search this Thread:

.
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


Times are GMT -7.   It's 09:44 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ADVrider 2011-2014