Fast Motorcycle Industry News

cyril-Huze-fast-news1328133Harley-Davidson Will Launch First The Street 750 In India. Not the Street 500. Without any given justification for this decision, Harley-Davidson India mentioned in its Facebook page that the Street 750 will be the first Street model introduced in India. For sure both the 750 and 500 will be manufactured in this country (except those for the US market produced in Kansas.) No word if the 500 model will be introduced later, or not at all in India. Is it possible that Harley-Davidson doesn’t want right away to create a competition for itself, confusing customers with 2 models so close in configuration & price? Also, if one model has to be privileged, at least in a 1st time, the Street 750 is more in line with the “big heavy cruiser” image that foreigners have about Harley-Davidson. It’s also a market segment where Harley has less competition in India than in the 250/500 cc category. The 2 Street models feature a new liquid cooled V-Twin Revolution X engine with a 6-speed transmission and a frame geometry making them 2” higher from the ground that the Sportster Iron 883.

Polaris Announces Buyback Of 3.96 Million Shares From Fuji Heavy Industries. Polaris Industries Inc. (NYSE: PII) announced that it has purchased all of Fuji Heavy Industries Ltd.’s (“FHI”) 3.96 million shares of Polaris’ common stock for a purchase price of $497.5 million, thereby reducing its outstanding share count by approximately six percent.  Polaris funded this purchase with a combination of cash on hand and $250 million of borrowings under the Company’s revolving credit facility. Polaris and FHI have a long successful engine supplier relationship dating back to 1968, when FHI began manufacturing Polaris’ exclusive “Star” engine.  FHI was the sole manufacturer of Polaris’ engines from 1968 to 1995, at which time Polaris gradually began to produce its own engines for select models.  For model year 2013, FHI supplied approximately one-fourth of Polaris’ engines used in a number of models of snowmobiles and off-road vehicles.  For model year 2014 and beyond, the Company anticipates that the percentage of FHI-supplied engines will decline further as Polaris continues to significantly expand its own engine portfolio. The Company’s previously issued guidance for full year 2013 earnings per share from continuing operations, raised on October 22, 2013, remains unchanged at $5.30 to $5.37 per diluted share. On a pro forma basis, assuming this transaction had occurred on January 1, 2013, the positive impact on expected full year 2013 earnings per share from continuing operations would have been approximately $0.25 per share.   The Company’s share repurchase program authorization remains in place with approximately 1.6 million shares available for repurchase.

After Ten Months, BMW Motorrad Sales Are 8.5 % Above The previous Year. 101,530 motorcycles and maxi scooters have been supplied as of October (previous year was 93,540 units). Heiner Faust, BMW Motorrad Head of Sales and Marketing: “For the first time in the history of BMW Motorrad we have supplied well over 100,000 vehicles to our customers worldwide two months before the end of the year. We now have less than 5,000 units to go to surpass last year’s sales figure of 106,358 vehicles. Our planned target for a new all-time high is within range.”

3 Responses to “Fast Motorcycle Industry News”

  1. 1 Stephen Nov 14th, 2013 at 4:25 pm

    HD Australia announced this week that they will be releasing the 500 only in 2015. They said they have no plans to release the 750 at this time. It is worth noting that the 500 is learner legal in every state in Australia and the LAMS (learner approved motorcycle scheme) market is the largest and fastest growing segment of the motorcycle industry in Australia.

  2. 2 Kirk Perry Nov 18th, 2013 at 12:54 pm

    I asked Billy Walters V-Twin Mfg., Inc. where the 30-degree neck 1947 knuckle frame (VT 51-1947) was made and did it have the top cross member brazed-welded as original.

    He told me that 51-1947 was made entirely in Taiwan and brazed-welded as originally designed. There is a USA version planned. The price difference is about $400. which myself and *Kick-Start figured was the difference in weld-labor costs between the two countries.

    I’ve relayed a promise that all of the repop and OEM parts will “bolt-right-up!”.
    We’ll have to wait until someone buys a frame and starts attaching appurtenances…. but without a doubt….all complaints get fed back to Wyoming, Michigan, first.

    * A little tip of the hat here, to Chuck Wesholski who’s provided that catch-all phrase for urban and social development across the nation, in just the last 5-years, which people have “roughed-off” (only one-step above “rip-off”) and used as their own, without actually knowing what their talking about, but are now and forever, “Kick-Starting” everything from Chili to Internet entrepreneurial funding.

  3. 3 Kirk Perry Nov 19th, 2013 at 4:33 pm

    Darin in Parts & Warranty @ V-Twin Mfg., searched their data-base for any comments or complaints about the knuckle frame (51-1947) and found none – which in the motorcycle parts-seller business means, everything fits as it should and that builder’s have moved on to the next group of life’s problems to deal with.
    “No comments” in the repop M/C parts business is just about the finest compliment anyone can reasonably expect.

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Cyril Huze