This scares me!!! - Page 11

papa_j · #**101** 03-19-2015, 02:16 PM

Quote:

Originally Posted by Vindicator

"
Gas Gas and Ossa workers want to communicate the following to friends, clients, importers, suppliers, fans and, ultimately, everyone in the world of off-road industry:

1) Gas Gas and Ossa are viable and profitable. There is a great demand of motorcycles of both brands, and with the appropriate feasibility plan, to ensure that they can serve all bikes that importers ask for, the company will get profits.
2) After a long negotiation process, the bank has agreed to make a substantial debt relief to ease the viability of the company. To implement this off and resume production, it is necessary that shareholders make a capital contribution.
3) Shareholders, to date, have been unable to reach an agreement to make this capital injection. It seems some of them are using the fact of having the factory stopped as a pressure in their negotiations.
4) The company is in a position of ?pre-bankruptcy?.
5) The current management has indicated its intention to make a Layoff, fire a large part of workers and lower the salary to the rest.
For all this, workers of Gas Gas and Ossa want:
1) That the shareholders get to an agreement to finance the company, start again the production and leave the ?pre-bankruptcy?.
2) That the conditions of workers don?t get worse.
In summary:
WE WANT TO WORK, WE BET FOR THE CONTINUITY AND THE FUTURE OF OUR BRANDS, INNOVATIVE, TECHNOLOGICAL AND WITH AN ADDED VALUE.
"

On a positive note at least someone from Gas Gas is keeping us posted.

jan_b · #**102** 03-19-2015, 02:55 PM

Quote:

Originally Posted by Tigger52

More news here

https://www.facebook.com/pages/Gas-G...37546529611742

not sure I quite understand it though!

Let's hope the share holders can come to an agreement or it is starting to look scary. sympathy for the workers who seem to be getting the worst deal.

95jersey · #**103** 03-19-2015, 04:04 PM

Shareholders need to put up money...oh jeez that is bad.

cbutler · #**104** 03-19-2015, 06:30 PM

Relying on facebook for reliable info

give me a break

Chaz955i · #**105** 03-19-2015, 07:21 PM

I'm not worried yet. Makes sense that the creditors don't want to be the only ones that bleed a bit. Now the owners are trying to figure out a way to get around putting up their own cash by doing massive cost cuts. Guessing it will be a little of both. The workforce might be bloated for the number of units they produce. sad for the workers but some cuts may be required to have a viable company.

NOGG · #**106** 03-19-2015, 09:25 PM

All I want is a 2015,16,factory replica. The ultimate bike,they have to keep making them!!!

BSM2 · #**107** 03-20-2015, 02:42 AM

Friend of me is starting gasgas dealer ship for trial at the netherlands (second dealer)
He went to the factory in spain last weekend for his shop.

What he saw:
The hole assembly line was put on hold and workers are at home. The assembly line is ready to start up again from a to z, but first they have to work out the financial stuf.

They told him that KTM has nocked on the door but had only interest in the trial part.
Gasgas is convinced in their enduro's and their are looking for a investor/buyer for the trial AND enduro. Therefore KTM is not a option.

From my point of view:
There are a lot of rumours, I also believe they have financial hard times.
But that is a result of devolping and marketing their new enduro bikes last years.
We all see last years gasgas is more present in the news with hard enduro's and have top 5 classifications.
It's just a factor of time that gasgas enduro is noticed by a great audiance, jut like KTM 15 years ago.
Gasgas is growing in Europe, only I hope it will not be too late.

(sorry, typing my best english )

Simmo737 · #**108** 03-20-2015, 03:02 AM

I feel very sorry for the Catalan workers, involved in a deleveraging that has sent there country into a depression, hopefully they see this as a chance to keep jobs and become more competitive and reep the rewards in the future, hard to stomach when you have daily commitments and can't see an end. They build great bikes, let's hope they continue to do so.

SS109 · #**109** 03-20-2015, 10:12 PM

Quote:

Originally Posted by scratch250

I like the logo they have on there. I wonder what it says?

Basically translates to "Gas Gas wants to produce and not die"

jan_b · #**110** 03-25-2015, 01:48 PM

More news, looks like a sort of copy from the facebook message.

http://www.enduro21.com/index.php/co...chopping-block