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Indian
#113751 11/21/2006 10:43 AM
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I was thumbing through Fortune mag (Nov 27) and towards the back I found an article on the guys who are resurrecting Indian. Their names are Stephen Julius and Steve Heese. It said the first model should be on the market in late 2007.

Cody


I was born a long ways from where I was supposed to be. - Bob Dylan
Re: Indian
Cody #113752 11/21/2006 12:07 PM
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I thought Indian had been resurrected once already???


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Re: Indian
Old_Wolf #113753 11/21/2006 12:09 PM
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Oh, much more than once.


Let's hope there's intelligent life somewhere in space 'cause it's buggar all down here. -- Monte Python
Re: Indian
Greybeard #113754 11/21/2006 6:27 PM
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Correct you are Greybeard!
Still a very popular brand name.
Indian


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Re: Indian
mikemm03 #113755 11/21/2006 11:44 PM
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The article said these guys were able to buy the assets, but it took a while to get rights to the name. Some media guy had the name and wouldn't give it up. Then he sold out to Rupert Murdock, who was willing to sell off the Indian name.


I was born a long ways from where I was supposed to be. - Bob Dylan
Re: Indian
Cody #113756 11/22/2006 12:40 AM
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Maybe one of these times it'll take


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Re: Indian
bigbill #113757 11/22/2006 2:32 AM
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Well Bill, my guess is that unless Messrs Julius and Heese are as loaded as Mr. Murdock(or a certain John Bloor, of whom we all know and respect) these two gentlemen are doomed to the same fate as Kenny Dreer(late of Norton's aborted comeback attempt), and the Hanlon Brothers(of the Excelsior-Henderson debacle of a few years ago)

If these gentlemen start to sell stock in order to fund their enterprise...well, I hate to say this(I really do, as it would be great to see it succeed) BUT...adios amigos.

These types of things take an enormous amount of moola JUST to get off the ground, LET ALONE the teething problems of the product AND the dealership requirements involved.

I remember reading a report a few years ago that stated our BILLIONAIRE "savior" Mr.Bloor invested GOBS(now THERE'S a precise figure for ya, huh?) of his own money before he was "in the black", almost 15 years after he initially bought the rights to the Triumph name in the late Eighties.

Dwight


Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
Re: Indian
Dwight #113758 11/22/2006 6:26 AM
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I think that these two people are the same ones that have brought Chris-Craft back from the brink to the forefront of watercraft and they apparently do indeed have very deep pockets..of course time will tell.

Re: Indian
larryshep #113759 11/22/2006 11:14 AM
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Quote:

I think that these two people are the same ones that have brought Chris-Craft back from the brink to the forefront of watercraft and they apparently do indeed have very deep pockets..of course time will tell.




I agree. I have been following their progress since the start of their involvement and it appears that they are pretty successful turnaround artists.
It would seem that these guys are treading carefully and that they are trying to extract every concession possible in order to make the operation a success.
They also have the recent Indian debacle that presents a useful study case from which they can draw knowledge(including hints of which mistakes they should avoid).
I personally hope that the marque can be resurrected (successfully) as I have always thought it was one of the coolest one's around (alongside our own and various others).


Bedouin. Blessed are those eyes that have seen more roads than any man! (Homer).
Re: Indian
Bedouin #113760 11/22/2006 1:08 PM
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In my marketing class one of the things discussed was Mr. Dreers price setup and marketing. He was well on his way to selling a good motorcycle but he set the price far above what the demand was for the bike. If He would have limited the amount of high end parts and kept the the strong engine design, he could have sold more bikes through dealers or through angreement with Mr. Bloor(that's what I would have pushed for.....a contract to share the profits for use of my engine design). When you stop and think about it we might have gotten a 80 HP engine that came stock with the bike....Angelis

Last edited by angelis745; 11/22/2006 1:09 PM.

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Re: Indian
larryshep #113761 11/22/2006 1:28 PM
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Quote:

I think that these two people are the same ones that have brought Chris-Craft back from the brink to the forefront of watercraft and they apparently do indeed have very deep pockets..of course time will tell.




Yes, they are the Chris Craft folks with mighty deep pockets and are avid motorcyclists. A very good combination for success.
Over in Auburn, NY, about 25 miles away, there was a Chris Craft factory, closed and became something else (Bombardier I think - who actually thought about making Victory's there) then Chris Craft again. Anyway, it has been abandoned for about 3 years and there is a lot of talk and speculation, and rumor, about making Indian motorcycles in there, so the locals over near Auburn NY say. My fingers are crossed. How cool would it be to have the new factory right down the road from me?


A word to the wise is not necessary. It is the stupid ones who need the advice. Pat
Re: Indian
ANGELIS745 #113762 11/22/2006 1:47 PM
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Quote:

In my marketing class one of the things discussed was Mr. Dreers price setup and marketing. He was well on his way to selling a good motorcycle but he set the price far above what the demand was for the bike.




To add to this (and to what Pat already said about deep pockets), it appears that Mr Dreer also seemed to run out of cash.
I recall (perhaps others on this board also do) the Norton Company requesting deposits for the bikes around a year or year and a half ago. A sure sign that they needed the cash to continue or at least that was the way I interpreted it, at the time.


Bedouin. Blessed are those eyes that have seen more roads than any man! (Homer).
Re: Indian
Cody #113763 11/23/2006 9:55 PM
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Back in July when I first heard of this, I gave them 30 months until they were selling off their assets. Target date: January '09, 26 months left.


Steelheart- '03 Speedmaster Black/Yellow The Hayabusa Killa 16" Shorties/140 mains/Airbox drilled Procom CDI "There is no cure for Celibacy. But we can treat the symptoms."
Re: Indian
Greybeard #113764 11/26/2006 12:56 PM
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Quote:

Oh, much more than once.



They are changing the name from Indian to Lazurus.

Soren

Re: Indian
Soren #113765 11/26/2006 4:15 PM
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Yep it's the Correct Craft guys.It's been in the newspapers
around my area.They have announced that the Indian plant and HQ is gonna be outside Charlotte NC.-(Kings Mountain) I believe was the location.
Jim


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