Court Approves American Suzuki's Chapter 11 Plan
By Bandit | | General Posts
American Suzuki Motor Corporation (the “Company”) today announced that the Honorable Scott C. Clarkson of the U.S. Bankruptcy Court for the Central District of California in Santa Ana approved the confirmation of the Company’s Chapter 11 Plan, which creditors overwhelmingly accepted. Confirmation of the Plan clears the way for the Company to complete its restructuring process, which is expected to occur on March 31, 2013.
As previously announced, the Plan approved the Company’s sale of its Motorcycles/ATV and Marine divisions and Automotive parts and service operation to a newly organized, wholly-owned subsidiary of Suzuki Motor Corporation. The subsidiary will operate in the continental U.S. as Suzuki Motor of America, Inc. and will use the Suzuki products brand name
“Today’s confirmation is a significant milestone and is one of the last remaining steps in our realignment and restructuring process,” said M. Freddie Reiss, the Company’s Chief Restructuring Officer. “During the next few weeks, we will take final steps to implement the Plan, which will allow the Company to sell its Motorcycles/ATV, Marine, Automotive parts and service divisions. This will promote the long-term growth of the Motorcycles/ATV and Marine divisions, as well as providing automotive parts and service through the dealer network.”
A copy of the Plan is available at www.omnimgt.com. Additional information regarding Company’s business realignment can be found at the following website, www.suzuki.com, or via an information hotline at 1-877-465-4819.
BIG BEAR CHOPPERS INTRODUCES TITANIUM
By Bandit | | General Posts
Big Bear Choppers today introduced the TITANIUM, a completely new design for 2013 that reinvents the type of motorcycles that Big Bear Choppers offers to consumers. With improved suspension, braking, different fairings, a completely new exhaust system, and carbon fiber components, the TITANIUM takes the philosophy of an FXR style motorcycle and takes it to the next level. Big Bear Choppers working with Yoshimura will also introduce a new line of custom parts for Harley-
Contact: Mona Alsop
909.478.7788 – Phone
909.478-7711 – Fax
A MIDNIGHT RIDE COMES TO BIKERNET FROM THE '60S
By Bandit | | General Posts
We are encouraging readers to send us Midnight Rider stories. The Triking Viking got sorta carried away with his MR saga on Bikernet Trikes, but the notion is a damn good one. We all have an all-night ride story or five, about riding treachery, romance, truck stops, and nasty weather.
Industry Pulse: Veltri Joins Mustang As Director Of Sales
By Bandit | | General Posts
Long-time motorcycle industry sales and marketing exec Steve Veltri is back in the saddle again, signing on with Mustang Motorcycle Products, LLC after a brief stint in the wholesale irrigation business. V-Twin dealers will recognize Steve from his time as the VP of Sales & Marketing for Custom Chrome for more than a decade, and it is this experience that makes him an ideal fit for Mustang. Veltri becomes Mustang’s Director of Sales, effective immediately.
With more than 30 years serving the motorcycle market, Mustang has established itself as the world’s leading manufacturer of aftermarket motorcycle seats. “Now we have to focus on the ride ahead, and we feel the addition of Steve to the team will help us accelerate the brand’s evolution,” says Mustang Product Manager, Matt Kulman. “Steve’s experience with distribution, business development, strategic planning and leadership in both the Metric and V-Twin market really make him the perfect candidate.”
However, it was Veltri’s work with a network of more than 5,000 Harley-Davidson® franchises and independent dealers around the world that solidified his opportunity with Mustang. After starting with CCI as a sales rep in 1991, Steve fast-tracked through the ranks, becoming a regional sales manager, national sales manager, VP of sales and ultimately VP of sales & marketing for the distribution giant. “Quite simply, he has the skills and the contacts that Mustang needs to add to the mix moving forward,” says Mustang Marketing Director, Marilyn Simmons.
“I’m excited to be back in the industry I’ve called ‘Home’ for many years,” adds Veltri. “The opportunity to help Mustang succeed in its strategic goals and expand the company’s reach with my industry friends is a unique opportunity… and one I couldn’t refuse.” Steve will be Mustang’s sales advocate, visiting distributors, dealers, doing ride-alongs with sales reps and conducting training sessions on the road. “My mission is to make the motorcycle market aware of the new Mustang: Clean, Class, Comfort.”
All Mustang seats for Metric Cruisers and H-D® models are still proudly handcrafted in the USA. For more information, click on MustangSeats.com, “Like” us on Facebook or call (800) 243-1392.
TAIL GUNNER STARTS A '64 PAN RESTORATION ON BIKERNET
By Bandit | | General Posts
That's right, the Tail Gunner, Bikernet Tech Writer, just took on a new project, the restoration of a 1964 FL Panhead. This will be a classic learning experience for all of us. See the first episode on Bikernet right now.
Free Shipping In March For Zippers Products
By Bandit | | General Posts
Just hit the ad below to visit Zipper's website now.
Motorcycle Mission Goes Global
By Bandit | | General Posts
Two years ago, a Mitchell woman wanted to do something to give back to her community. So she started a program that would help at risk girls at the Abbott House. Little did she know at the time, her idea would wind up helping hundreds of girls around the world, one wrench at a time.
The girls at the Abbott House have restored and customized two Harley Davidson motorcycles over the past couple of years. The most recent one will be raffled off next week to help raise money for the Abbott House.
The restoration project is through a program called Helping with Horsepower, an idea that was kick started by Laura Klock of Klock Werks.
J&P Cycles Slashes Shipping Rates In March
By Bandit | | General Posts
It's time to start gearing up for the riding season anywhere East of the Rockies as spring is around the corner. Make sure your battery is in operating condition and that you have new oil for your engine and trans. J&P Cycles has everything you need to pull your bike out of hibernation and is offering reduced shipping rates.
Check it all out at the J&P Cycles site by hitting their ad banner at the bottom of this post.
The Contour Wheel Collection by Performance Machine
By Bandit | | General Posts
Are you looking for the best of the best when it comes to motorcycle wheels?
Well here you go, we present to you the new Contour Collection. This unique, high-end
Collection of wheels includes two designs to start the product launch – the Revel and the
Virtue. Take a good look at the designs and you’ll notice there’s a whole new dimension
to these billet beauties. It starts with a re-engineering of the forged blank by adding
material from the hub to the rim lip area. This provides the means for a deeper machine
cut – therefore adding the most custom and inspiring motorcycle wheel design in the world.
Wouldn’t you agree!
Contour Collection Wheel pricing starts at $1399.95.
FIM And TTXGP Teaming Up To Promote New Electric Motorcycle Road Racing Series
By Bandit | | General Posts
The Fédération Internationale de Motocyclisme (FIM) is pleased to announce that it has reached an agreement with TTXGP to promote a new series of electric powered motorcycle road racing events. This agreement lays the groundwork for growth and a higher profile for the sport.
The new series will initially be run as a World Cup and as a support class to other FIM Championships events. For the inaugural season in 2013, it will consist of four events in both Europe and the USA, and a Final in Asia. And for 2014, it will revert to a championship calendar with a minimum of six events over three continents.
The next milestone of this new concept comes in 2015, when this FIM Championship becomes a headline event in its own right with a global calendar.
Since first FIM World records in 1994 and the first Road racing event held in 2009 by TTXGP, electric powered motorcycles have shown huge improvements in both range and power. The new e-Road Racing series will provide an intercontinental platform for the development of electric powered two-wheelers and showcase their great potential as clean sports and road vehicles.
FIM President Vito Ippolito said of the groundbreaking new series: “Through this agreement, we are taking another important step towards the growth and promotion of clean electric road racing. The FIM is committed to furthering sports events for electric motorcycles which will certainly be a major component of the motor sport of the future”.
TTXGP founder Azhar Hussain considers the agreement a milestone in the development of electric motor sport: “This partnership with the FIM clears the way for a single destination for all the world’s innovators to drive the next generation of technologies for competitive motor sport beyond the grid. We look forward to working with the FIM on this exciting project”.
The name of the series and the 2013 calendar will be released shortly.