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A New Chapter for Motorcycle World


















































          Seven questions raised about the





          NORTON COLLAPSE





      The collapse of Norton Motorcycles, one of the UK's most iconic motorcycle manufacturers, in 2020 raised a
      number of serious questions about the company's financial management, its operations, and the role of various
      stakeholders, including its leadership and the government. Norton's abrupt fall into bankruptcy shocked the
      motorcycle industry and left hundreds of employees, customers, and investors in limbo. The questions that followed
      highlighted  systemic  issues  within  the  company  and  its  governance.  In  this
      article, we will explore seven critical questions that were raised following the
      collapse  of  Norton  Motorcycles,  which  has  not  only  become  a  case  study  in
      corporate mismanagement but also a cautionary tale for the wider manufacturing
      sector.
     1. Misuse of Pension Funds                      were now tied up in a company
                                                     on the verge of collapse.
     One of the most alarming aspects of the
     Norton collapse was the involvement of          The question here was: How
     employees' pension funds in the                 could a company, especially
     company's financial dealings. It was             one with such a storied
     revealed that approximately 228                 history, allow such a high level
     employees had their pensions invested           of financial exposure for its
     entirely in Norton Motorcycles. This            employees? The answer to this
     situation created a serious risk for the        was largely due to poor
     employees, whose retirement savings             oversight and mismanagement





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   LHR Motorcycle Magazine Issue 12                                                                                                                April 2025
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