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NCOM BIKER NEWSBYTES Feb 2020

  MOTORCYCLIST ADVISORY COUNCIL REAUTHORIZATION ACTION On February 3, 2020, U.S. Senators Ron Johnson (R-WI) and Gary Peters (D-MI) introduced S.3249 as a bipartisan companion to House bill H.R.5234, calling for the Secretary of Transportation to reauthorize the Motorcyclist Advisory Council established under the FAST Act of 2015.   The “Motorcyclist Advisory Council Reauthorization Act”

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Will 2020 mark a turnaround for motorcycle powerhouse Harley-Davidson?

by Margaret Naczek from https://www.bizjournals.com For 117 years Harley-Davidson Inc. has led the market in motorcycles and continues to hold a dominant market share in the U.S. heavyweight motorcycle market. Despite its dominance in motorcycles, fewer people are buying bikes, and the number of U.S. riders are growing at a slow pace. For several consecutive

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Harley Davidson sells over 25,000 motorcycles in India

Harley Davidson Street 750 was the first large-capacity motorcycle in India to become BS-VI compliant in the 750cc and above category. Premium motorcycle manufacturer Harley Davidson reported on Tuesday that it has sold more than 25,000 motorcycles since its inception in 2009. The company also informed that with this development, it completed a decade of

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Indian motorcycle sales surge 37% following rollout of Challenger

by Carrigan Miller and Mark Reilly from https://www.bizjournals.com Polaris Inc. stock is up sharply Tuesday morning after the maker of ATVs, snowmobiles and motorcycles reported better-than-expected profits for the fourth quarter, driven in part by the rollout of a new Indian motorcycle. The Medina, Minnesota-based manufacturer posted income of $98.9 million for the quarter, or

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Harley-Davidson’s stock tanks as motorcycle sales continue to slide

by Paul R. La Monica from https://edition.cnn.com/ New York (CNN Business)Harley-Davidson has a big problem. Americans aren’t riding its trademark hogs nearly as much as they used to do. Shares of Harley-Davidson (HOG) fell 3% in early trading Tuesday after the company reported sales and earnings that missed Wall Street’s forecasts. The stock is now

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Denver Motorcycle Show reinforces industry’s new focus

The Progressive International Motorcycle Show rolled through Denver last weekend, and if memory serves, it was the first appearance in a half-decade or so. Colorado once had a major part in non-Harley-centric motorcycle drama. The Copper Mountain Cycle Jam was a giant event that featured the AMA Supermoto circuit amongst the high Rockies and brought

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Motorcycle racing in Asia is growing at unrivaled pace

by Renato Marques from https://macaudailytimes.com.mo The first-ever person of Portuguese nationality to hold the position, Jorge Viegas has served as president of the global governing and sanctioning body of motorcycle racing, the Fédération Internationale de Motocyclisme (FIM), for just over a year now. In an exclusive interview with the Times last week, Viegas shared his

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Going electric could help revive the motorcycle industry

by Peter Valdes-Dapena from https://edition.cnn.com/ Motorcycle sales, particularly in the United States, have been struggling ever since the Great Recession. As older riders lose interest, or simply become unable to ride any longer, the younger generation hasn’t been showing the same kind of enthusiasm. But the industry is hoping that electric motorcycles — with a

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Alternet Systems Highlights African $4 Billion Motorcycle Ride Hail Market

DALLAS, Dec. 31, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Alternet Systems, Inc. (USOTC: ALYI) today highlighted Africa’s $4 billion motorcycle ride hail market featured in a recent TechCrunch article emphasizing the anticipated explosive growth in Africa over the next decade.  ALYI management sees ALYI as well positioned leader prepared to capture the

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Royal Enfield 250cc motorcycle to be called Hunter ?

by Nithyanandh Karuppaswamy from https://www.rushlane.com/ It is no secret that Royal Enfield is working on a whole new range of next generation motorcycles. Recent reports suggest that the retro-classic specialist is planning to tap into new audience bases. The Chennai-based two wheeler maker is reportedly working on variant extensions to specifically target women and youth.

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Aprilia 250 to 350cc motorcycles planned – To take on Royal Enfield

by Abhinand Venugopal from https://www.rushlane.com/ Seeing the success of Royal Enfield in the 250-350cc segment, many motorcycle brands are planning entry with new products. Royal Enfield is arguably one of the most demanded names in the 350cc category in the Indian motorcycle market. For the same reason, many brands have come forward with their own

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Honda Rolled Out Its 400 Millionth Motorcycle Since 1949

by Sabrina Giacomini from https://www.rideapart.com Honda is one of the few companies still active today that started its life as a motorcycle manufacturer. In 1949, newly-founded company rolled out the Dream D-Type, the firm’s first proper motorcycle. Fast-forward seven decades and Honda remains to this day one of the most recognized brand names in the

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Lyft to pull plug of e-scooter business in six cities, laying off 20 employees

The six cities are Nashville, San Antonio, Atlanta, Phoenix, Dallas and Columbus, as the media report claims. Lyft has notified its employees about discontinuing its e-scooter business in six cities, claims a media report. Also, the company is claimed to be laying off at least 20 employees from the bike and scooter team, where around

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Harley-Davidson’s stock falls after KeyBanc turns bearish, citing competition from Polaris’s Challenger bike

Shares of Harley-Davidson Inc. HOG, -1.22% fell 0.7% in morning trading Monday, after KeyBanc Capital analyst Brett Andress turned bearish on the motorcycle maker, citing concerns over competition from Polaris Inc.’s PII, +1.85% Indian brand of bikes. Andress cut his rating on Harley’s stock to underweight, after being at sector weight since August 2017, and

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Bajaj made Triumph motorcycles launch in 2022 – Will also be exported

by Nithyanandh Karupp from https://www.rushlane.com Could be called Bajaj Avenger 400 / 500 upon launch in India. Over the years, Bajaj Auto has created a solid export operation which has proved to be quite useful when the domestic market undergoes a rough patch such as the ongoing one. About 40% of Bajaj Auto’s production is

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