Gas Gas future looks up
A Spanish electric motorcycle manufacturer has taken on Gas Gas, with the most pressing item on the agenda ramping up trials bike manufacturingAiling marque Gas Gas has been purchased by a fellow Spanish manufacturer, with plans afoot to restart production in the first quarter of 2016.
Electric motorcycle manufacturer Torrot is Gas Gas' saviour in what will be a 13 million euro investment, and the most pressing item on the agenda once the paperwork is all certified is to immediately move back into the trials space, followed by plans for a refreshed enduro range in 2017. Further down the track, based on Torrot's bread and butter, electric Gas Gas fare is all but a certainty.
The target is to roll out 6000 motorcycles next year at a production plant near Barcelona.
"The dirt bike is ready to sell and we have actual orders, but the enduro model needs improvement because it did not succeed in the market," said CEO Torrot, Ivan Contreras. “In this regard, in 2016 there will be a whole team working to develop a competitive enduro bike for 2017," said the CEO of Torrot, Ivan Contreras. "Gas Gas has a great international power and we want to build a motorcycle of power that represents Gas Gas with technology developed by Torrot."
In addition to the 55 former employees of Gas Gas, who can keep their jobs, there will be another 30 required when the company needs to expand the workforce. The forecast for 2018 is to reach 80 workers.
Four months ago, we reported that Gas Gas' painstaking negotiations to renegotiate its crippling debt has failed, with liquidation the only alternative.
Source: Enduro21.com
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