In the new management structure, Robert Hentschel takes over as the new CEO, Vittorio Urciuoli as the CTO as John Russell steps down from his role as interim CEO.
Hentschel joins Norton from Valmet Automotive , where he has served as MD since 2017. Urciuoli’s former key roles within the global automotive industry include director of Urvi , head of powertrain at Lotus Cars and project leader at Ferrari and Aprilia Racing.
Sudarshan Venu, Joint Managing Director of TVS Motors, says: “TVS has created a plan for Norton to transform into the future.
Robert’s passion for customers, brands and the future of mobility and Vittorio’s track record of creating world class products, will be the key to the future of the brand.”
“Over the last 12 months, many steps have been taken towards our strategic vision with significant improvements to the
product and the creation of a manufacturing facility in record time, “says Venu.
Under Russel’s tenure, with investment and support from TVS, Norton has made improvements to engineering and product quality, which will be seen in the updated V4SS that will be launched this quarter followed by more products by end of 2021 and early 2022.
We have built three new sites, are investing to relaunch the V4 , delivering some Commando 961s and working to further develop the 650cc platform as well, adds Venu.
He says the focus is on the developed markets particularly where the Norton brand is well known . So it will start with UK , USA and Europe.
While TVS Motor has not announced its India launch plans of Norton as yet , sources say it has registered for four motorcycles which are Commando,
Fastback, Manx and Atlas. It’s not yet clear whether these bikes will be brought in as completely built units ( CBU) or completely knocked down kits ( CKD) from its UK plant.
Shortly after TVS acquired Norton in April last year , Russell was appointed to stabilise
the company and create a platform that now enables Norton to begin making advanced technology motorcycles ..
The manufacturer specialised in retro-themed, mid- to large-capacity motorcycles,
and competes with the likes of Triumph, Ducati and Harley Davidson.
The heritage brand, founded by James Lansdowne Norton, in Birmingham, Britain, in 1898 was acquired by TVS Motor last April in an all-cash deal for Rs 153 crore approximately.
Norton Motorcycles ,a popular British motorcycle brand is known for its classic range like the Commando to their V4 super bikes.
TVS Motor intends to retain Norton’s distinctive identity , and feels this acquisition can help
Norton leverage TVS’s global reach and supply chain capabilities to expand to newer markets.
