Fast Motorcycle Industry News

1- Mark H. Borodkin, new CEO of Saxon Motorcycles USA informed me that his motorcycles will now use industry leaders Baker Drivetrain for the transmissions and Daytec Center for frames. These changes reflect Saxon’s commitment to excellence and to provide only the best possible products to the industry. 2- Sturgis. While the two latest fatalities bring the official number of deaths related the annual Sturgis Motorcycle Rally to eight at least 10 other deaths in South Dakota and Iowa are believed related to the rally. 3- Noise Free America, a New-York based nonprofit organization that fights noise pollution, named South Dakota Governor Mike Rounds as a recipient of its “Noisy Dozen Award” for promoting “the spirit of noisy lawlessness that permeates the rally through illegally modified exhaust systems.” Rounds took part in the annual Mayor’s Ride in Sturgis. The award raised the governor’s stature in the eyes of bikers and rally fans. 4- Credit ratings agency Fitch Ratings raised its outlook on Harley-Davidson Inc. saying that the market for heavyweight motorcycles is showing signs of stability. The rating of Harley debt is “BBB-plus,” an relatively good investment-grade rating, and affect $600 million in debt –

7 Responses to “Fast Motorcycle Industry News”

  1. 1 Darin Maltsberger- Instructor@MTI Aug 17th, 2010 at 12:52 pm

    Those of us who reside here in S.D year around are glad to have Mike Rounds. He has been a very level headed governor. Even when I didn’t agree with his position, I had to respect him for having the common sense to see how his decisions would impact the state. I was impressed to see him come to Sturgis, participate in the ride and then hang around and visit with people. It made me feel like he honestly cared……….something that seems to be missing from goverment these days.
    I’m also glad to see the H-D numbers headed in the right direction. As others who post here have said, “when thing are looking up for H-D, they’re looking up for all of us.”

  2. 2 Knucklehead Aug 17th, 2010 at 3:17 pm

    Frig #3.

  3. 3 burnout Aug 17th, 2010 at 4:30 pm

    Glad to see Saxon taking my advice…….It only took 3 yrs!; Saw more sweet bikes in Sturgis than I saw last year. ; I enjoy a loud bike… until the pilot over revs it unnecessarily. ; The Company has quietly returned MV Agusta to it’s original home. Man! I feel pretty good! peace

  4. 4 J Aug 17th, 2010 at 4:54 pm

    LOL- well, I wouldn’t get too excited- BBB is actually only one step above junk bond status…..

    Fitch is the smallest of the 3 rating agencies, and they had Credit Suisse rated AAA when they punted on a third of a billion of their CDO’s….

    If Harley had any sort of financial leverage, they’d be refinancing their Buffet bonds- but hey, as long as Wandell can still cash out his options before he moves on, who cares?

  5. 5 Fredp Aug 17th, 2010 at 9:02 pm

    Can’t go wrong with Phil Day at Daytec. Glad to see Saxon and Daytec have found that relationship. Phil is a man of his word. Good Job, Mark. NOW, let’s see that bagger Saxon and J. Nasi are working on. I’m drooling!!!!!!!!!!!!

  6. 6 666 Aug 18th, 2010 at 9:33 am

    Hopfully for Baker and Daytec saxon pays their bills better then they normally do

  7. 7 Miami Chopper Shop Aug 27th, 2010 at 8:20 am

    Would like Andrews as an option.

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Cyril Huze