The End Of saxon Motorcycles? Mark Borodkin CEO Of Saxon Motorcycles is looking for a new job and posted his resume online on different employment websites. A few months ago Mark advised me that he was looking for a buyer of his company Saxon Motorcycles that he bought in September 2008 when our economic recession reached its climax. At this date, nobody has shown interest, probably sealing the definitive closing of one of the very few remaining custom motorcycle manufacturers. Before acquiring Saxon Motorcycles, Mark Borodkin was in the real estate business at Borodkin Construction LLC.
Tax Credit For Motorcycles And electric Bicycles. Buyers of on-road electric motorcycles would continue to be eligible for up to a $2,500 tax credit under a bill approved by the U.S. Senate Finance Committee, the American Motorcyclist Association reports. Eco-minded aficionados of two-wheel transportation will also get a tax credit which amounts to 10 percent of the vehicle’s purchase price, maxing out at $2,500. The tax credit was introduced in 2009 and expired beginning of 2012. The legislation ends the tax credit for golf carts.
Polaris Invests $13 Million in Electric-Motorcycle Startup Brammo. After the completion of its 100-plus-mph, 100-mile-range Empulse (production date not announced), Oregon-based electric-motorcycle maker Brammo was looking for new funding to accelerate its development. Polaris, maker of ATVs, snowmobiles, motorcycles and low-emission vehicles has agreed to invest $13 million out of the $45 million of funding Brammo is looking for.
Motorcycle Magazine Awards Motus MST-R “Motorcycle of the Year-Best Dreambike.” Lee Conn and Brian Case, the 2 men who have created Motus are excited that their American made sport bike got such an honor at the right time, when they are actively marketing to dealers and bikers their first manufactured bikes. Available this fall for $36,975, the Motus MST-R sport-tourer is built with all-American DNA, including a pushrod-equipped KMV4 engine that looks and sounds exactly like a miniature version of the iconic Chevy V8. This hot-rod inspired, 165-horsepower “baby-block” engine is mounted in a steel-trellis frame outfitted with the best running gear Öhlins, Brembo and O.Z. have to offer, helping the Motus accelerate, turn and stop like a much smaller machine.
ZERO Motorcycles Announces New CEO. Richard Walker is the newly appointed CEO of ZERO Motorcycles which specializes in electric bikes. He is a former executive at Hewlett Packard and at Zero his job will be to optimize operations and to align resources to accelerate growth. This is a tremendous opportunity to join a dynamic team and help lead a new and innovative company to higher levels of performance and success,” Walker said in a statement.