Indian Motorcycle Dealers Disappearing: First, a big investment made to become an Indian Motorcycle King Mountain dealer during a period of long economic recession destroying the market of motorcycles over $35,000. Then, under Polaris, no true new Indian models until 2013 and maybe 2014, have discouraged or financially exhausted several dealers. After Wichita, Chicago and Toronto Canada, St Petersburg Florida has closed its Indian dealership. Does Polaris want, can or wish to keep any former Indian Motorcycle dealers? For now, not much that Polaris can do to support them. At this pace, it seems to me that when Polaris will be ready to launch new models, the network will be rebuilt only from a selection of existing Victory dealers.
Judge Rules Again That Towns Can’t Make Own Motorcycle Noise Rules. You know the story. Cities trying to impose limits on motorcycle noise that are stricter than what state law allows. Each time it is legally challenged by bikers, local ordinances are ruled illegal. It happens again this week. A Rockingham County, NH judge (Superior Court Judge Kenneth McHughha) ruled that “If each town in New Hampshire had the authority to enact different noise emission ordinances, the state would be subject to a checkerboard pattern of laws,” For example, a motorcyclist who complies with the state noise emission limit could be precluded from driving through a town because that town enacted a lower noise emission limit than the state. The judge’s decision comes in response to a lawsuit filed by Seacoast Motorcycles Inc., owner of the Seacoast Harley Davidson dealership in North Hampton, NH. Seacoast filed suit against the Town of North Hampton, successfully arguing that the town did not have legal authority to adopt its own motorcycle noise ordinance.
S&P Puts Harley-Davidson On Watch For Possible Upgrade. Noting expectations the motorcycle company’s credit measures will continue to improve due to restructuring efforts and strong operating trends. Standard & Poor’s Ratings Services has put its ratings on Harley-Davidson Inc. (HOG) on watch for a possible upgrade, The ratings firm has Harley’s corporate credit rating at triple-B, two notches into investment grade.
A LoJack Corporation Christmas Story: You all know that LoJack helps recover, among other vehicles, stolen motorcycles. A Sergeant First Class who had just returned from deployment in Afghanistan went to retrieve his 2009 Harley Softail that he stored in November 2010. He found out it had been stolen and reported the theft on Monday to the Everett (MA) Police Department, who activated the LoJack for Motorcycles System on the bike. Shortly after activation, officers with the Manchester, NH Police Department Auto Theft Unit began picking up the silent signal from the transponder hidden on the bike. They tracked the signal to a garage at a residence in Manchester. At the residence, the Manchester Police Auto Theft Unit executed a search warrant and were able to verify that the Harley was indeed the property of the Sergeant. The bike was recovered. Happy holidays, Sergeant.