And when they do this it would stop me buying any Triumph
"This move is seen as being part of Triumphs plans of making India its centre for sourcing and production".
This country really is finished - just wait till the Chinese turn the lights off...........
-- Edited by jt on Thursday 24th of October 2013 03:28:52 PM
Doom and gloomer JT !! Sure you don't write for the Daily Mail!! Look at it this way, Triumph is one of the best selling European bikes at the moment. Where was it thirty years ago?
No vehicle that I am aware of is completely made of component's from its own country? I don't think that anyone can honestly say they like every bike in one manufacturers range? Your bound to get the odd ugly duckling.
Surely if Triumph can break into the small bike market which is massive in Asia, even if they are manufactured abroad then it will bring in more money to improve or design new models in the all ready successful large bike range?
The majority of which are still made at Hinkley, which they have not said is closing? Mind you if that happens then I might agree with you!
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Adventure before dementia. KTM 500 exc>Devon TRF Member.
And when they do this it would stop me buying any Triumph
"This move is seen as being part of Triumphs plans of making India its centre for sourcing and production".
This country really is finished - just wait till the Chinese turn the lights off...........
-- Edited by jt on Thursday 24th of October 2013 03:28:52 PM
Doom and gloomer JT !! Sure you don't write for the Daily Mail!! Look at it this way, Triumph is one of the best selling European bikes at the moment. Where was it thirty years ago?
No vehicle that I am aware of is completely made of component's from its own country? I don't think that anyone can honestly say they like every bike in one manufacturers range? Your bound to get the odd ugly duckling.
Surely if Triumph can break into the small bike market which is massive in Asia, even if they are manufactured abroad then it will bring in more money to improve or design new models in the all ready successful large bike range?
The majority of which are still made at Hinkley, which they have not said is closing? Mind you if that happens then I might agree with you!
Winds me up when brits move factorys abroad and yet the Japs (Honda, Nissan etc) come over here to open them we can't build our own stuff here but can build theirs
As I told Dan I don't read any papers so don't get the mail comment - just say it how I see it thats all......
And when they do this it would stop me buying any Triumph
"This move is seen as being part of Triumphs plans of making India its centre for sourcing and production".
This country really is finished - just wait till the Chinese turn the lights off...........
-- Edited by jt on Thursday 24th of October 2013 03:28:52 PM
Doom and gloomer JT !! Sure you don't write for the Daily Mail!! Look at it this way, Triumph is one of the best selling European bikes at the moment. Where was it thirty years ago?
No vehicle that I am aware of is completely made of component's from its own country? I don't think that anyone can honestly say they like every bike in one manufacturers range? Your bound to get the odd ugly duckling.
Surely if Triumph can break into the small bike market which is massive in Asia, even if they are manufactured abroad then it will bring in more money to improve or design new models in the all ready successful large bike range?
The majority of which are still made at Hinkley, which they have not said is closing? Mind you if that happens then I might agree with you!
Winds me up when brits move factorys abroad and yet the Japs (Honda, Nissan etc) come over here to open them we can't build our own stuff here but can build theirs
As I told Dan I don't read any papers so don't get the mail comment - just say it how I see it thats all......
Like wise Jon. I don't read the papers anymore. The mail comment was just a wind up, with them always moaning about all and sundry! Unless there style of writing has changed since I last read it.
Fair point about the factories relocating....
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Adventure before dementia. KTM 500 exc>Devon TRF Member.
I don't agree with you JT. What bugs me is when foreigners come in and buy a brand which we use our skills to manufacture but the profits disappear abroad. We are not rewarded for our success. Good example BMW buying Mini. This is the other way round. I hope Triumph will keep some manufacturing here and the profits will come in from India. In the long term as wages in India etc improve, things should even out.
Why can we build Honda's, Nissans, Minis, Jags landrovers etc etc but we can't build stuff for companys we own - then those that we do move the factorys abroad - thats the point I'm trying to make....
Honda - Jap firm, factory here
Triumph - Brit firm, moving factory to India
Sorry mate but my little mind can't deal with it !!!!
Bet I'm dimmer than wot you are. It's just when companies get big, they try to spread the risk of paying too much wages as compared to their competitors so that their products stay cheap and they can pay big dividends to their shareholders.
Anyway, would you really want that ugly underpowered dog made here?
Over weight, underpowered, unreliable, handles like a wheel barrow with a puncture and leaking oil (no doubt). Recently purchased Triumph 675 Street Triple. One of the most fun bikes I have ever ridden. I know which one I would rather ride. Dont live in the past, move on.
-- Edited by Simon D on Saturday 26th of October 2013 09:30:30 PM
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Canoe, Kayak, Stand up Paddle Board, Windsurf, Birthday Parties, all @ devonwindsurf.co.uk
Then I'll stick to my 'Over weight, underpowered, unreliable, handles like a wheel barrow with a puncture and leaking oil' 59 speed twin thanks cause it has soul
Mind you, I do like them speed triples would have bought one last year (an R) as well if swmbo would have let me flog the Hardley
Phwarrrr....(except them hideous lights would have to go in the bin)
-- Edited by jt on Saturday 26th of October 2013 09:39:46 PM
Mine is the R but doesnt have the quite so hideous lights as it has the round ones. I would highly recommend one if you can get permission. I have had plenty of bikes with "soul' over the years and in particular a seventies 750 commando which had plenty of "soul", loved it when it was running but constant pain in the arse to keep it running properly. The new Triumphs are most definately progress. But you are right that new 250 looks hideous!
-- Edited by Simon D on Sunday 27th of October 2013 11:23:43 AM
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Canoe, Kayak, Stand up Paddle Board, Windsurf, Birthday Parties, all @ devonwindsurf.co.uk
Why can we build Honda's, Nissans, Minis, Jags landrovers etc etc but we can't build stuff for companys we own - then those that we do move the factorys abroad - thats the point I'm trying to make....
Honda - Jap firm, factory here
Triumph - Brit firm, moving factory to India
Sorry mate but my little mind can't deal with it !!!!
The reason Triumph will move production to India is because the population of India is approaching 1 billion (UK 67 million) and they turn out well educated engineers from their university system who will work for £300 a month (that's a good wage there). So they have a well trained workforce who are cheap plus a huge potential market that already likes small capacity bikes - the modern version of Enfield perhaps.
Also, India operates huge import tariffs/taxes on goods manufactured outside of India so having then built there beats the tax barrier.
As for Why Nissan etc have factories here is so they can get inside the EU tariff barrier. Cars manufactured within the EU can be sold anywhere in Europe without any further import taxes. The UK government gives them huge incentives to be here. We have the most easily sack-able workforce outside the USA and some of the most generous Corporation tax rules for large companies. No large company pays much tax in the UK.
You set up a company in a tax haven and then have it own the onshore company via debt. That way the UK based operation pays a great wedge of interest on the loans/ debt which is tax deductible. All the profits then appear off shore in the tax haven. All the big boys do it and no large company pays a tax rate beyond about 5%. All nice and legal.
The little triumph still looks like a right minger which is a shame as most of their range is yummy.
-- Edited by snasher on Monday 28th of October 2013 04:59:12 PM