1- Big Bear Choppers Open New Shop. Big Bear Choppers open a new shop in the Los Angeles area in Perris between Riverside and Temecula. The company is keeping the company’s headquarters in Big Bear Lake, California. It is a repair shop not exclusive to Big Bear Choppers. It will serve other motorcycle brands, from Harley-Davidson to production custom motorcycles like Bourget and Big Dog Motorcycles, and I guess one-off custom motorcycles. Big Bear Choppers was created in 1998 by Kevin and wife Mona Alsop.
2-Victory Motorcycles In India. Polaris announcing it would sell some of its Victory line in the country as of next year. Victory Motorcycles is close to completing the market analysis needed to make the decision about which models would best suit the country. Rumor is that the company would like to be able to launch during the 1st quarter of 2012. Will Polaris ship its Victory Motorcycles already assembled with the consequence of paying very high tariffs, or like Harley-Davidson, assemble its models locally to lower costs?
3-Yamaha Motor Co. sold 19.2% more motorcycles worldwide in 2010 than it did the previous year, resulting in a 10.9% increase in sales revenue. Yamaha Motor Co. made a profit of 18.3 billion yen (US$218 million) in 2010, compared to a loss of 218.1 billion yen (US$2.6 billion) recorded in 2009. But North American sales continue to decrease, with the 53,000 units sold in 2010 representing a 42.4% drop from the 92,000 units sold in 2009. North American motorcycle sales generated 34.1 billion yen (US$405.8 million), a 41.3% decrease. Motorcycles and ATVs represented 70% of Yamaha’s business which also includes marine products and power products.Motorcycle sales generated 906.0 billion yen (US$10.8 billion) in revenue, up from the 817.1 billion yen (US$9.7 billion) recorded in 2009. The Asian market now represents more than two-thirds of Yamaha’s motorcycle sales revenue, with 607.9 billion yen (US$7.2 billion) in sales. Like other manufacturers Yamaha forecasts continued growth in emerging markets while sales in Europe and the U.S. are expected to continue to struggle.