Tag: business

Honda sign-up with Hitachi for electric vehicles

Does this mean Honda will achieve their aim of a production, electric motorcycle by 2017? Tucked away quietly in an annual sustainability report from 2015 was a single paragraph that outlined Honda’s intentions for electric, two-wheel mobility, it called for “Market electric motorcycles that meet local needs in...

EBR Motorcycles is closing down (again)

Surprise! Deja vu etc Many suspected that the writing was already on the wall when the purchasers of EBR motorcycles (yes, *that* Erik Buell) were revealed to be a company known for their asset stripping abilities, but a lot of people still held out hope – especially when...

Ducati sold 55,451 motorcycles in 2016

Italian manufacturer sold almost exactly the same number of bikes in 2016 as they did in 2015. Ducati have announced their sales figures for 2016 and they show that the company had a pretty bumper 90th anniversary. Despite selling just 642 more bikes than in 2015, this upturn of 1.2% in sales for...

Victory Motorcycles is closing down

Polaris pull the plug on the entire range of Victory Motorcycles and their operations. Parent company Polaris – the same people who own Indian Motorcycles – have announced today that their cruiser brand, Victory, will no longer trade. The decision is effective immediately. In a statement released today,...

Triumph posts 90% rise in profits

British motorcycle manufacturer posts 90% rise and sales increase for 2016. It’s been a tough few years for businesses of all shapes and sizes. The motorcycle market was affected as much as most when the financial woes of the late noughties hit, and since then the currency, economic...

MV Agusta seal Malaysian distribution deal

Recently refinanced Italian firm, signs up Malaysian assembly and distribution deal. By now everyone should be familiar with the MV Agusta drama. But after a cash injection it’s looking like the Italian manufacturer is showing signs of immediately getting back onto its feet. At a signing ceremony last week...

New motorcycle market in the UK is growing!

Some good news for lovers of two-wheels within the UK as November 2016 saw over 7% growth from last year. It’s not all doom and gloom in the motorcycle market; finally subsidies on electric motorcycles are starting – despite the ULEZ trying to ban them from London – and...

Russian investment saves MV Agusta

Russian investment company Black Ocean Group bankrolls Italian manufacturer to secure its future. With a deal completed on 17th November, international investment company Black Ocean Group and MV Agusta have agreed upon a significant capital investment which should bring some stability back to the floundering motorcycle manufacturer after months...

Mahindra are bringing Jawa motorcycles back

Jawa will return to India after Mahindra licensing deal. Not content with the purchase of BSA earlier in the week, Mahindra and Mahindra have also announced that they’ve bought the rights to sell Jawa motorcycles in India. The licensing deal will see Mahindra – through their recently set-up...