Harley-Davidson Opens Showroom In the Philippines. Construction of the showroom near the Mercedes Benz and Chrysler dealerships in Greenhills is under way and scheduled to open to the public on March 2. An initial shipment of 20 bikes was sent to the Philippines with exclusive distribution given to CATS Motors Inc., which is also the exclusive distributor in the Philippines of Mercedes Benz, Dodge, Jeep and Chrysler.
Zero Motorcycles Raised $7 million In Equity Funding. Zero has no difficulty raising money. In 2012, the company announced several equity deals, including an $8 million offering in January, a $9 million offering in May and a $6 million offering in November. Invus LP, a New York-based firm focused on companies that “transform” their industries, is another new investor in the electric motorcycle company. Zero Motorcycles, a 5-year-old company, is moving into a larger, more modern facility in Scotts Valley at the end of March. “Zero continues to grow each year,” said vice president of global marketing Scott Hardenf. “We’re still a startup but as we generate more and more revenues and sell more bikes, we’re working toward a break-even point in the near future. Excluding part-time workers and consultants, the company employs 92 people worldwide, 76 of whom work in Scotts Valley. A year ago, they employed 81 globally and 69 locally. Zero, which makes electric-powered motorcycles for the street and dirt riding, released a new line of bikes for 2013 with almost twice the horsepower of previous models as well as other modifications in technology. Zero motorcycles have a new motor, a new look and integrated smartphone technology.
Man Who Buried Harley-Davidson Motorcycle To Collect Insurance Is Sentenced. A biker’s plan to bury his Harley-Davidson motorcycle and then fraudulently collect the insurance money on it has backfired. Rather than turning a profit, the scam has resulted in the man owing more than $25,000, plus the time he’ll have to serve behind bars. A judge sentenced Chad E. Dejongh to 182 days in jail, with credit for two days served. The judge deferred an additional 93 days and ordered Dejongh to serve three years of probation upon his release. Dejongh in October 2009 reported his Rocker C motorcycle stolen, claiming he last saw it in his yard in the 1100 block of South Carter Road with a “For Sale” sign. In September 2011, Dejongh’s soon-to-be ex-wife, Laurie Dejongh, contacted police and said she witnessed him burying the bike on a relative’s Midland County property. Dhe said that she saw her husband using a Kubota tractor to inter the bike in a hole that was about five feet deep, court records show. She told police that her husband threatened to kill her and bury her alongside the Harley if she told anyone. Authorities issued an arrest warrant for Dejongh in April 2012. He was arraigned on criminal charges in July.
Greg Blackwell, Vice President Of Sales For LeMans Corp Left Parts Unlimited On January 25. Blackwell, 55 was working for LeMans since 1984. His new job is as President of a west coast bicycle company soon to be disclosed. LeMans is looking for his successor. possibly inside the company.