By: Anonymous: Anonymous ()  Sunday, 11 April 2010 @ 09:19 AM ICT (Read 6442 times)  

Sachs isn't a chinese Company...they may have some production in china but that doesn't make it chinese....or do you want to tell us that Harley is now chinese too because some of their parts do also come from china???

By: news (offline)  Sunday, 11 April 2010 @ 09:20 AM ICT  

Ninety-nine and a half percent of the Sachs equity had been acquired in February 2006 by New Superior Ltd, a holding company controlled by Hong Kong investors fronting for China's Huanan motorcycle company, one of the country's older manufacturers. Founded in 1967, its 2000 employees currently produce about 500,000 powered two-wheelers each year in the company's 120,000 Guangzhou factory under the FYM, Sachs and Flying Eagle brands, as well as Hyundai cars on license from Korea.

According to the German law a company which is ownership is for 99.5% in foreign hands is registered as a foreign company. As Sachs is for 99.5% controlled by Huanan motorcycle company, which is a company registered in China.

   

news


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By: Anonymous: me ()  Sunday, 11 April 2010 @ 09:35 AM ICT  

Quote by: news

Ninety-nine and a half percent of the Sachs equity had been acquired in February 2006 by New Superior Ltd, a holding company controlled by Hong Kong investors fronting for China's Huanan motorcycle company, one of the country's older manufacturers. Founded in 1967, its 2000 employees currently produce about 500,000 powered two-wheelers each year in the company's 120,000 Guangzhou factory under the FYM, Sachs and Flying Eagle brands, as well as Hyundai cars on license from Korea.



so where is the proof for what you posted here?

By: news (offline)  Sunday, 11 April 2010 @ 10:08 AM ICT  

Here a copy of the original press release from 14 March 2006 (This press release was one of the sources for the article Sachs World Oldest Motorcycle Manufacturer.
-----------------------------------------------------------------------------------

Sachs Motorcycles Taken Over by Hong Kong Investors
NEURENBURG, Germany (March 14) - Press release from Sachs Fahrzeuge und Motorentechnik GmbH in Nürnberg, Germany, the company has been taken over by New Seperior Ltd. a subsidiary of a Hong kong based Investor Group. Although the price has not been disclosed, it is expected that the value was very low since the German company was plagued by financial difficulties for a while. Winning Wheels took over Sachs Motorcycles from Mannesmann in September 1998. On 12 February 2001, a management buyout took place thus giving three managers (President Oliver Schnorr, R&D Manager Hartmut Huhn and Financial Manager Karl-Heinz Summerer) control of Sachs Fahrzeug und Motorentechnik (FMT) GmbH. At that time Oliver Schnorr, a turnaround manager expected to put the company back on it's feet. As commented by some internal sources, the actual financial difficulties were caused mainly by old pension obligations. Mr. Corrado Savazzi has been appointed as the sole managing director of the company. While R&D Manager Hartmut Huhn and Financial Manager Karl-Heinz Summerer remain in their operating positions, Oliver Schnorr shall take an advising position within the new group. The investor group and Sachs are expecting significant synergy from a strong traditional brand, high quality standards, engineering research and development as well as low production cost in Asia. R&D and the assembly shall remain in Nürnberg. The company A-act Gamma-Med GmbH shall be in charge of E-Bikes and Saxonette assembly in Nürnberg. In Germany, Sachs FMT imports the Italian Malaguti and the Taiwanese Sanyang scooters. Earlier, it represented Peugot. In Germany, Sachs has a distribution network of roughly 1,200 dealers. They import ATVs, or quads, from Asian scooter and manufacturer motorcycles. Sachs was the first company which brought an E-bike in reasonable amounts to the market in Germany. They have accumulated a large know-how in the technology of E-bikes and electric power assisted Pedelecs. Sachs FMT has been producing 125, 650 and 800cc motorcycles in small amounts. Their MadAss 50cc and 125cc are well known because of their very attractive design. Published @ 15-03-2006

I'm pretty sure you can find enough information about this takeover if you use http://www.google.co.th/search?hl=en&rlz=1B7GGLL_enTH365TH365&q=%22Sachs%2BFahrzeug%22+New+Superior+Ltd&meta=&aq=f&aqi=&aql=&oq=&gs_rfai=

   

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By: Richard (offline)  Sunday, 11 April 2010 @ 10:33 AM ICT  

Sachs is maybe not a German company by definition of the German and/or European law, but its still an European brand name. And most research and engine development happens in Germany. The build quality of Sachs motorcycles is very solid, the engine is excellent, the warranty is good, just what you will expect buying a Sachs bike.

But then the price of a Sachs motorcycle is not something I will call cheap, but then the materials used are also of the same quality as you will find on Japanese, American or European motorcycles.

The Sachs KickAss would easily become my favorite toy with two-wheels...

   

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By: Anonymous: dantebg ()  Tuesday, 13 April 2010 @ 09:35 AM ICT  

Quote by: Anonymous

Sachs isn't a chinese Company...they may have some production in china but that doesn't make it chinese....or do you want to tell us that Harley is now chinese too because some of their parts do also come from china???

Discussions whether a certain brand is chinese or american or japanese or any other country seems not to be the case nowadays. WHY? Because it's only a matter of time before other companies and builders recognize the benefit of manufacturing in China. Profit is the aim of the business and we would be sentimentally naive if we think the Japanese Honda, Susuki, Kawasaki would not follow suit if still they haven't till now. Even the Italians cannot resist it. I would prefer discussing what is the best Chinese made motorcycle is right now.Wouldn't you agree?

By: Anonymous: joe ()  Thursday, 17 August 2017 @ 08:16 PM ICT  

Volvo are a Chinese company, so what???

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