1.8.2008 - SERPENT TO CLOSED
#1
1.8.2008 - SERPENT TO CLOSED
We have received unconfirmed reports that Dutch manufacturer Serpent MRC as of the 1st of August 2008 may close. Sources say a letter has been sent out to shops saying distribution would cease and team drivers would have to look elsewhere. Rumours of Serpent experiencing financial difficulties surfaced a couple of weeks back, and appears to be the most likely cause for a closure. More info as soon as we get it.
Update: We have received further information that a largescale relocation of the company to Asia is in the works as well as a complete re-branding, the Holland HQ will close.
Source: Neo Buggy
http://www.neobuggy.net/modules/news/
#2
Tech Regular
We have received unconfirmed reports that Dutch manufacturer Serpent MRC as of the 1st of August 2008 may close. Sources say a letter has been sent out to shops saying distribution would cease and team drivers would have to look elsewhere. Rumours of Serpent experiencing financial difficulties surfaced a couple of weeks back, and appears to be the most likely cause for a closure. More info as soon as we get it.
Update: We have received further information that a largescale relocation of the company to Asia is in the works as well as a complete re-branding, the Holland HQ will close.
Source: Neo Buggy
http://www.neobuggy.net/modules/news/
Dear Press,
Due to some rumours in the rc market we need to publish below:
Serpent continues, and stronger as before.
Serpent has decided to move all production and logistics to Asia. Serpent Distributors are supplied from Asia warehouses direct.
Product-development, marketing, sales and overall management will remain in Holland.
Due to high cost of manufactuering in Europe (Holland), the margins were getting to small to continue operation in Holland.
Certainly in todays very tough RC car market and with a weak economy and very weak USD against the euro, that does not help either.
Almost all major rc brands have their manufactuering already in Asia for long. Serpent started few years ago with the Serpent F180 chassis made by an expert manufacturer in Taiwan and lateron the Serpent S400 electric touringcar.
The Serpent 720 and 960 will be made in Asia too at an expert manufactuering facility for high end competition cars. The long awaited Serpent S120 1/12 scale pan-car is ready 1st week of august to ship worldwide. Details in our web www.serpent.com. The offroad cars in 1/8 and 1/10 are still under development and testing continues.
Serpent will ofcourse continue with our strong Serpent team.
At last weeks EC for 1/8, Serpent took TQ honours (Fantini) and put 4 cars in the Main with a nice podium finish by Cristiani.
Next big race is the Worlds in Portugal for 1/10 GP and we are certainly going for the title there.
USA:
The distribution in USA has suffered last couple of months, but we are working on solutions to improve the situation. As an intermediate solution some major competition minded rc dealers from the USA have already received goods from Serpent direct, to make the products available. A more longterm solution is in the works.
Holland:
Serpent (under the trade name Ciro-RC Distribution) also operates a whole-sales distribution company for brands like Serpent, Mega, Xray, Hudy, Xceed, GRP, Speed Passion and few other brands. This whole-sale activity will be sold to another expert RC company, which will start operations soon, so that products and lines will remain available and well supported too.
Serpent has been around for over 25 years. By making above changes Serpent will be in a much stronger position on the longer run, with a more agile organisation and even higher quality products like before. We thank all Serpent fans worldwide for their continuing support !!
Serpent is ready for the next 25 years. Serpent, the race experience.
Michael Salven / Ronald Baar
www.serpent.com
Kind regards,
Ronald Baar
_______________________
t: +31 (0)23 548 30 00
e:[email protected]
i: www.serpent.com
_________________________________
SERPENT, THE RACING EXPERIENCE
P Please consider the environment before printing this email
#6
Tech Regular
Good one, Chris.
Make your upcoming HMS race stronger as ever before to shut those people mouth, i.e., increase the GP 1/10 to 100 people quota.
Make your upcoming HMS race stronger as ever before to shut those people mouth, i.e., increase the GP 1/10 to 100 people quota.
#7
Tech Regular
#10
#11
Tech Regular
#13
Giant Brand such as xray also start working on his cost. Company like Team Orion also bought over by kyosho and get stronger after kyosho pump in more for their R&D.
In other words, i believe serpent will get better down the and produce a even more durable car after their switch in manufacturing countries.
#14
Guest
This is what they call "globalisation" . International companies are setting up manufacturing and distribution hubs in logistically stratergic locations to cut delivery time and cost, manufacturing cost is a must in order to gain market advantage to survive else risk being taken over by other companies.....eg
AE - taken over by Thundertiger (Taiwanese)
now Orion - eaten up by Kyosho (Japanese)
In the 1:1 world Renault taken over Nissan.....etc etc etc......
AE - taken over by Thundertiger (Taiwanese)
now Orion - eaten up by Kyosho (Japanese)
In the 1:1 world Renault taken over Nissan.....etc etc etc......
#15
Guest
FYI, Manjung has nothing exiciting to offer to FDIs period.