February 26, 201610 yr As for Jotagas it would be interesting to know exactly what went wrong. ummm Jordi left. cant manage a band with no artists. --Biff
February 26, 201610 yr As for Jotagas it would be interesting to know exactly what went wrong. I can tell you. They didnt sell enough bikes.
February 26, 201610 yr Since Steve stopped importing them you haven't really hurd anything about the brand. The new importer didn't so much advertising or anything at all. The Bikes are Great tho and I hope someone takes them over and sorts them out.
February 26, 201610 yr They didnt sell enough bikes, steve tried really hard and gave it his best shot. If the bikes are that good more would have bought? Choice is too great at the moment? Would you take them over?
February 26, 201610 yr The later bikes are very good machines no doubt,but the early ones weren't good at all. Part of the problem being the "bad bikes" haven't faded into distant memory of the buying public.
February 26, 201610 yr The factory are telling me that the upshot is that they are still producing bikes and will continue to do so. Jotagas won't die ... Just continue producing in small numbers as they have always done. A statement is due from the factory soon.
February 26, 201610 yr The factory are telling me that the upshot is that they are still producing bikes and will continue to do so. Jotagas won't die ... Just continue producing in small numbers as they have always done. A statement is due from the factory soon. This sounds rather questionable & quite possibly illegal. Under UK law, trading whilst insolvent is not only illegal, but may result in the company directors becoming personally liable for the accrued debt Spanish law may differ in its detail, but the essence will be pretty similar.
February 26, 201610 yr Is the reason they did not sell an economic number of bikes because people did not want to buy them or because there was insufficient cash in the company to pay parts suppliers to get parts to make bikes to sell. There seemed to be customers waiting for bikes, that suggest a credit / supplier problem.
February 27, 201610 yr From discussions with the factory, the bankrupt Jotagas company in Alcaniz was bought 2 years ago by the current owners, with the agreement to continue operations under the JGAS Racing name. It is therefore business as usual. In my opinion, the original Jotagas business has finally come through the Spanish judicial system and has been declared bankrupt. This does not affect the day to day business of JGAS Racing, which is continuing to produce bikes. I hope this clarifys the situation. Bye, PeterB.
February 27, 201610 yr the italian importer/distributor says that jotagas is declared bankrupt but that the new company jgas is still alive and will produce bikes
February 27, 201610 yr From discussions with the factory, the bankrupt Jotagas company in Alcaniz was bought 2 years ago by the current owners, with the agreement to continue operations under the JGAS Racing name. It is therefore business as usual. In my opinion, the original Jotagas business has finally come through the Spanish judicial system and has been declared bankrupt. This does not affect the day to day business of JGAS Racing, which is continuing to produce bikes. I hope this clarifys the situation. Bye, PeterB. Thanks for clarifying that makes sense (as much as any of this makes sense!)
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