Harley-Davidson Cutting Jobs. As previously announced by Harley-Davidson, the manufacturer started laying off about 250 Milwaukee salaried employees belonging to all types of position in all departments. Some of them will receive early retirement packages. The process should be completed by the end of December.
Elio Motors Is Seeking $25 million Through Stock Offering. Goes Public Under Reg A+. Paul Elio, CEO of Elio Motors is trying to raise $25 million for a 2016 production launch of an innovative, enclosed, three-wheel vehicle (84 MPG with a targeted $6,800 base price) iThe company recently introduced its next generation prototype, the P5 at the Los Angeles Auto Show. Elio Motors is stating that more than 47,000 people have reserved a spot in line to purchase the 3-wheel vehicle when it goes to production. Those who want more information and to proceed with an investment, go to Start Engine.
The Petersen Museum Reopened. After 14 months of renovation costing $90 millions, the Los Angeles Petersen Automobile Museum reopened on December 7th. Exhibition floor is now about 12,000 sq. ft. in multiple galleries in which are displayed 100 automobiles and 25 motorcycles representative of each decade of automotive history.
EPA Raises Ethanol Blend Levels. The Motorcycle Riders Foundation (MRF) reports that the Government, along with the Environmental Protection Agency (EPA), last week raised the amount of ethanol and other renewable fuels that must be blended into the nation’s gas supply, announcing that 18.11 billion gallons of renewable fuels must now be blended into the nation’s gasoline supply in 2016. The Motorcycle Riders Foundation (MRF), as directed by the Sustaining State Motorcyclists’ Rights Organizations (SSMRO’s), does not support the use of ethanol fuels higher than E10 (10% ethanol) or any other newly developed fuel blends, including alternative renewable fuels, without further testing on motorcycle engines and obtaining specific recommendations from motorcycle manufacturers approving their use.
Royal Enfield Announced Production Loss of 11,200 Motorcycles. Because of intense rains and floods in the city of Chennai, India 2 production facilities were closed since December 1 until December 7, 2015. For this period Eicher Motors is posting a 11,200 units loss of production.
just in time for Christmas
What is 18.11 million at the pump?
Again, H-D is cutting jobs
S & S are hiring !!!
Nuff, Said !!!!
Ever notice how the Evil corporates often do this at Christmas.
They do it so when everyone returns from holidays they think everyone will forget .
It will be lost in the Xmas frivolities.
I bought my first new HD in 83 and have bought a few new ones since then.
If they keep on doing this shit I will take my money else where.
Corporatism is just stealthy communism. They want to make us all into peasants.
Well I am in a battle similar right now and I can take my services to an opposition company and also take allot of turnover and profit.
Business is about building relationships. Corporates are about destroying relationships
HD is cutting jobs again?
Indian is killing them, Polaris strikes again!
Wasn’t Elio supposed to go into production a couple years ago? Bernie Madoff might be getting a new cell mate pretty soon.