MIG goes out of business

In receivership since September 1, the manufacturer of MIG exhausts has just closed its doors, the victim of a change in consumer behavior linked to the strengthening of noise and pollution standards.

"Despite the commercial efforts made by the company, and in particular the participation in the Mondial du Deux-Roues in Paris, orders are down sharply", wrote on August 6, 2003 Jean-Louis Guignabodet, founder and boss of MIG, placing himself under the protection of the Toulon Commercial Court…

Victim of serious financial difficulties, the Toulon exhaust manufacturer indicates that "Due to changes in noise and speed legislation, consumers’ habits are changing and they are now turning to lower power road vehicles, which do not require the installation of exhausts such as than those manufactured by MIG". On the other hand, specifies Jean-Louis Guignabodet in his letter,"motorcycle manufacturers have upgraded their exhausts to more technical products, which would require an industrial investment on the part of MIG which is currently out of reach given its financial capacities".

The suspension of payment is pronounced on September 1, in the form of general receivership. MIG continues its activity for a few months under the supervision of the agent, Maître Ezevin, who notes this Tuesday, December 2 that the company is no longer viable. He then asks for pure and simple liquidation and the file is sent to the judicial liquidator, Maître Laure..

Already severely affected by the difficulties of Voxan after having invested in specific machine tools to produce the frame tubes and the original exhausts of the French motorcycle, MIG therefore found itself confronted with a very technical evolution of the market. (anti-pollution standards, catalytic converters, specific lambda probes) and a security context which is not very favorable to the adaptable market.

Because the wind of repression which is currently blowing in France, clearly lucrative if not really protective, risks dragging down a long list of specialist businesses and industries, of which MIG could only be the first….

J. ARSOUILLE

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