EH was the most successful IPO (of that time). They had $160M to play with, and thanks to some poor spending, blew it before the second year's bikes were ready. Although I agree w/this expense, they spent $20M on the paint booth process alone (It's real nice paint). But their museum plans and expensive offices (to look like they were not newbies) ate too much. Plus they wanted a HD-like collectibles line from day1. They did hurry a std fork model to get the people not into the springer front, and were making a hard-bagger too. But those needed lots of money, and they spent all $160M already (in 5 years).

The stock tanked when this was found out, so they went looking for 'partners'. And deep pocket Bombardier wanted an in on their other offerings. Rather like Polaris. But (rumor) was none of the Hanlons would be much more than figurehead consultants. So they chaptered, and 'EH Partners' swooped in promising to keep the entire company intact and producing (stipulation on the award). What they DID was strip out the completed bikes (taken to FLA), and when caught they declared bankruptcy.

AFA the product it is both great and sucky. The tranny is a Yammy design that they altered - narrower gear thickness - but they kept the same bushings. Result: complete trans failure at speed around 8000 miles. Weak lifter springs that make a sewing machine racket. Early chrome plating (IPS series) that flaked off the first year). I basically costs about $1400 to fix the factory mess ups yourself or $2500 to have one of 3 people do it for ya.

But it rides sweet, lots of top end power and lots of hop-up potential (prototype 'hot' engines were putting out 150hp on 85in). And the remaining wrenchers came up with a sweet 'SERT' tool that allows everything to be adjusted. Read and set air/fuel, advance, and more. I have not picked any up but will get one for all 3. And the guy in CA even offers a blower. It being a springer, the front end does not dive, and those huge springs hypnotically vibrate on the road. Looks even cooler w/the light kit.

I have seen some as low as $5500. And would recommend anyone wanting another bike to get one and fix it up (if it was not already).

ORIGINAL: whaap

I hope they make it. It wouldn 't hurt to have a little more competition out there for Harley.

ORIGINAL: Panhead_1_9_4_8

There was a guy in the U.K that had the rights to the name in Europe. He was making the "Four". Don't know what happened to it ... but it was a nice looking bike.

ORIGINAL: fl_799

It's almost unfait to compare the Eller to any of the later production bikes but take a look.

The new owner of Indian seems to be a great guy and very passionate about the motorcycles. If he got the rights to the Elller design and ditched the failed CMC chief design, that would be something else.