Indian Motorcycle Coming To India. Indian Motorcycle to follow Harley-Davidson, Triumph, Ducati in India in late January 2014. The new Indian Chiefs will be the 3 other choices in the high-end cruiser market for Indians with deep pockets. The first dealership should be in Dehli, followed by 2 more outlets in Mumbai and Bangalore. Polaris has already a presence in India with its ATVs and also inked an agreement with the Eicher Group to launch in 2015 a range of personal mobility vehicles.
Triumph Announces Record Annual Sales But An Operating Loss. Triumph sold 52,089 motorcycles from its fiscal year 2013, setting a new company record for annual sales. The 52,089 motorcycles sold represent a 6.4% increase on the 48,957 motorcycles sold in the previous fiscal year. At the same time, the company announced an operating loss of £95,000 (US$ 155,300), the company’s first time in the red since 2009. Much of the operating loss was caused by foreign currency exchanges and the cost of starting up manufacturing facilities in Brazil and India. In Brazil, Triumph claims a 3.4% market share of sales for motorcycles 500cc and larger in just its first year of operation.
Erik Buell Racing To Enter 2014 World Superbike Championship. Erik Buell Racing (EBR) will compete in the 2014 Superbike World Championship (WSBK) under the ‘Team Hero EBR’ banner. In contrast with MotoGP where purpose-built machines are used and continually enhanced, the WSBK will only accept motorcycles that are tuned versions of those available for sale to the public. EBR will be expected to produce 125 units of the 1190 TX before offering the bike for entry in the WSBK series. By 30 June 2014, they must produce a total of 500 bikes, with a grand total of 1,000 by the end of the year itself. This amounts to approximately three bikes built a day, a substantial demand from a small manufacturer. Not only will these figures have to be repeated in 2015, but EBR also have to sell these units. Since there are, as yet, no sales statistics on the EBR 1190 RX, it’s difficult to draw any conclusions on how EBR might fare in the process.
ABC Travel Guides Rank Milwaukee As Best Destination For Children. Among the attractions that garnered a top spot on the list were the Harley-Davidson Museum, Milwaukee Public Museum and the Palermo’s Pizza tour. Milwaukee Food Tours, Melthouse Bistro and frozen custard were mentioned in the food comments. Other destinations that made the list: Washington, D.C., Miami, Philadelphia, the region north of Boston, Times Square in New York City and Baltimore.
Polaris Announces Strategic Partnership with Ariens Company. Ariens is a family-owned manufacturer of snow blowers, lawnmowers and other outdoor power equipment. Alliance will offer both companies new strategic opportunities to grow in adjacent markets. ”By partnering with Ariens, we bring together two leading and highly-respected companies that are well-positioned for growth,” said Scott Wine, Polaris Chairman and CEO. “This partnership will enable Polaris to grow beyond our core powersports market, as we will reach new customers with innovative, relevant new products. Polaris has successfully executed similar partnerships in the past, notably its ongoing partnership with Bobcat Company and Eicher Motors in India.