https://jalopnik.com/t-rex-three-wheeler-builder-campagna-motors-is-going-in-1830372446
Not surprising when you could have 6 Rykers for the price of one T-Rex.
Not surprising when you could have 6 Rykers for the price of one T-Rex.
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Campagna (T-Rex) declares bankruptcy
- Thread starter asp125
- Start date
Bob Denman
New member
That's a shame: they were about the sexiest-looking autocycle out there!
BajaRon
Well-known member
I am sorry to hear this. But the T-Rex, a great vehicle, just never developed the volume sales needed to make the venture profitable. Service locations and dealerships are few and far between. This same issue has hindered (somewhat) the Spyder. Especially in the early days. Though never to the extent that the T-Rex encountered.
I hope they can pull it out.
I hope they can pull it out.
BLUEKNIGHT911
Sadly Passed Oct 2024 - RIP
IMHO the Polaris Slingshot doomed the T-rex …….. and if Honda or Yamaha decides to build a Trike that is similar to our Spyders I think Can-Am will go the same way as T-rex...…. Mike :thumbup:
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Bob Denman
New member
They DID bring the SlingShot in at a killer price! :thumbup:
ARtraveler
R.I.P. Dwayne
Good information to ponder. :yes:
pegasus1300
Well-known member
Here is an update from the original article
UPDATE: We got in touch with Campagna president André Morissette over email, and he clarified that the company will not be liquidating throughout this process, merely discharging debt and re-structuring its finances with its creditors, which we understand is a process similar to Chapter 11 in the United States. Morrissette went on to say that the company is continuing to operate, fulfill orders, and deliver vehicles as normal.
UPDATE: We got in touch with Campagna president André Morissette over email, and he clarified that the company will not be liquidating throughout this process, merely discharging debt and re-structuring its finances with its creditors, which we understand is a process similar to Chapter 11 in the United States. Morrissette went on to say that the company is continuing to operate, fulfill orders, and deliver vehicles as normal.
Bob Denman
New member
That's (sort of) good news! I hope that they can find a way out! :thumbup:
Bye the way: Did Elio ever go "toes up"?
Bye the way: Did Elio ever go "toes up"?
ThreeWheels
Active member
It's always bad news for a company to be in trouble.
Still, they're 4 times the price of a Slingshot, two and a half the price of a Vanderhall Venice.
As pointed out, if Yamaha or Honda comes out with a vehicle similar to the Spyder, BRP will have some difficulties also.
Still, they're 4 times the price of a Slingshot, two and a half the price of a Vanderhall Venice.
As pointed out, if Yamaha or Honda comes out with a vehicle similar to the Spyder, BRP will have some difficulties also.
ARtraveler
R.I.P. Dwayne
Have not heard anything official since their last announcement that production was being moved up to late 2017. I'll search it and let you folks know.
ARtraveler
R.I.P. Dwayne
RE: Elio
Today: Site up and running. Production is now sometime "next" year. They only need $376 million startup money. Stock is available for purchase, donations accepted, and investors welcome.
Not me. :roflblack:
Today: Site up and running. Production is now sometime "next" year. They only need $376 million startup money. Stock is available for purchase, donations accepted, and investors welcome.
Not me. :roflblack:
Bob Denman
New member
They have more lives than an entire herd of cats... :roflblack:
Thanks for the update: I might just have my Nigerian Prince send them a check...
Thanks for the update: I might just have my Nigerian Prince send them a check...
ARtraveler
R.I.P. Dwayne
They have more lives than an entire herd of cats... :roflblack:
Thanks for the update: I might just have my Nigerian Prince send them a check...
They are still touting the $7,480 entry price. :yes: That is even less expensive than a new Ryker.
Bob Denman
New member
For that kind of money: I'd be fool to NOT throw some money at them... :roflblack:Similar threads
