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Old 06-23-2011, 12:16 PM   #3
Reveeen   Reveeen is offline
 
Join Date: Jun 2009
Location: orbital platform
Posts: 741
After facing a series of financial problems, stemming from pensions issues relating to the Hercules bicycle works, the company went into insolvency proceedings and ultimately saw a successful management buyout led by the managing director Corrado Savazzi. At this time Sachs was reduced to local assembly of small, cheap, Chinese-sourced scooters, which weren't doing well. The distinctive Sachs MadAss was the only Sachs-engineered motorcycle made at the time.

Sachs is an importer of Chinese product.

From:
http://en.wikipedia.org/wiki/Sachs_Motorcycles


 
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