General news - Motorcycle News - Page 5

February 8, 2011

Yamaha closes factory in Spain, moves to France

Yamaha yesterday announced it will close its factory in Palau-Solita i Plegamans, Spain due to falling global demand for its vehicles. The move will affect nearly 420 workers. The company moves production to another Yamaha factory at Saint-Quentin in northern France. "All over the world, and Europe in particular, there has been a prolonged fall in sales figures which forces Yahama to take steps to restructure its industrial capacity," it said. more »

February 8, 2011

Suzuki improved sales and profits in 2010

Japanese manufacturer Suzuki announced the sales and profit results for the first nine month of 2010. The company increased its sales by an encouraging 6.1% despite continued severe market condition. This means Suzuki sold 975,000 units globally in the nine month ended Dec. 31 2010. The manufacturer reported a total loss of $85.7 million on account of the continued sales slowdown of large-size motorcycles for Europe and US. more »

February 7, 2011

KTM opens stores in Brazil and Dubai

KTM, the market leader in sports-oriented motorcycles is going global, with the opening of flagship stores in Dubai and Brazil. The newly established Dubai arm of KTM is aimed at the fast-growing off-road market in the Middle Eastern country, while KTM Brazil is aimed at cracking South America’s low-capacity market. KTM sees a very promising future in Brazil as a natural market for its street bike and offroad range of sports-oriented motorcycles. more »

February 5, 2011

Royal Enfield appoints new CEO

Dr. Venki Padmanabhan has been named Royal Enfield Motors new CEO. The new leader of the world’s oldest motorcycle manufacturer wants to restore Royal Enfield to past glories. "Charged with the responsibility of restoring the company to its natural place among the leading luxury classic motorcycle marquees of the world. As customers' dreams are fulfilled with great rides behind them, a threefold increase in top line and bottom line is to be accomplished by 2015." – said Mr. Padmanabhan. more »

February 3, 2011

Mbike iPhone app: Find the best motorcycle tours – now for free!

Want to find cool places to ride? Want to discover new roads? Want to share your favourite motorcycle tour with your friends? Download the Mbike iPhone application now for free! What you’ll find: a simple, easy-to-use app where you pick your starting point and destination and follow a bike friendly route. You can use somebody else’s tour as a guide (we have hundreds of motorcycle tours only in the U.S.), or you can draw your own tour at home on your desktop by uploading a GPS file. more »

February 3, 2011

Zero Motorcycles rides into Mexico

Zero Motorcycles, the global leader in the electric bike industry is expanding into Mexico. This further expansion of its sales and distribution operations comes with the addition of Dofesa Aventura in Mexico. The entire Zero product lineup is now available in the large country with demo rides for Zero S and DS available in the comming weeks. Additional models are expected to arrive later this year. more »

February 2, 2011

Zero Motorcycles builds new factory

Zero Motorcycles has announced plans to open a new factory that will more than double the company’s current production capacity. The new manufacturing facility will be built alongside Zero Motorcycle’s corporate headquarters in Scotts Valley, California. The factory will boost Zero’s production space to 34,000 square feet and reflects an increase in demand around the world for electric motorcycles, the company says. Renovation work on the new plant is scheduled to begin soon. more »

January 31, 2011

Orange County Choppers faces foreclousure over major debt

Orange County Choppers, the business featured in the reality series American Chopper is facing foreclousure, as Long Island Press reports. Two members of the Teutul family, founder Paul Sr. and Paul Jr. have been fighiting over money, specifically Jr’s stake in OCC. Now, OCC is facing foreclousure over major debt. The company has allegedly missed several morgage payments, one for $96,400 and another for $14,000. more »

January 29, 2011

BMW S1000 RR voted International Bike of the Year

The S 1000 RR has won the International Bike of the Year (IBOTY) award for 2010. The 26th edition of the prestigious annual competition awarded top honours to BMW Motorrad’s Superbike, marking yet another significant achievement in its short history in the marketplace. The jury of the International Bike of the Year 10/11 was composed of 14 members representing leading motorcycle magazines from all over the world. more »

January 28, 2011

Rare, factory-prepared 1939 BMW R51 RS fetches over $130,000 at auction

Earlier this month in Las Vegas, a packed auction room of international buyers bid on approximately 200 motorcycles from every era of history, for a total sum exceeding $2.5 million. Six bikes made in excess of $100,000, among them a very rare, factory prepared competition 1939 BMW R 51 RS, which made $130,200 after competitive bidding from US collectors. The 1939 BMW R 51 RS is one of only two known BMW factory racers in private hands and the only unrestored pre-War ‘Rennsport’ in existence. more »