Talk:Sachs Motorcycles

From Wikipedia, the free encyclopedia

[edit] Current status of Sachs

The article was ambiguous about the current status of the company. I did some minor revision to reflect this; I agree that it's inaccurate to use the past tense in reference to the company, though of course that can change. Citroënist 13:08, 18 April 2007 (UTC)

-news of Sachs closure is a bit premature-

Management buy out secures future of Germany’s oldest motorcycle manufacturer

Updated: 03/11/2006

Sachs Fahrzeug- und Motorentechnik GmbH is the successor company of the Nuremberg-based Hercules Werke GmbH, which was established in 1886, making this year its 120th anniversary.

The initial insolvency proceedings, which were filed on 28 June 2006, were triggered by a huge pensions liability that the current management inherited from the massive Hercules bicycle works, which Sachs bought out in the 60s. Fortunately the insolvency administrator not only enabled continued trading, but also put the company in a position to develop new models, such as the stunning new XTC125, unveiled at the 'Intermot' fair in Cologne in October.

The MBO secures the future of the Sachs brand and means that the dynamic management team behind such offbeat machines as the radical MadAss will be back in full control. Business operations will continue from the same location as before.

Keith Davies, Managing Director of 3X who distribute Sachs in the UK, is delighted by the announcement. “This is the best news we could have hoped for. We have continued to support Sachs during this difficult time and they have maintained their excellent service levels. We have just taken delivery of the latest six-speed X-Road 125 and things are looking very positive for next year.”

[edit] Combining of articles

Is there any reason not to combine the separate articles of Sachs Motorcycles and ZF_Sachs? They seem to overlap in information at the moment. LasseS 10:32, 27 September 2007 (UTC)