Wednesday, 15 July 2020
News Briefs
The AMA has named former Bonnier Corp. motorcycle magazine journalist Matthew Miles as its Director of Communications. Miles spent 29 years as an editor on Cycle World and will report to AMA Chief Operating Officer James Holter.
Avon Lake, Ohio based thermal barrier specialist Design Engineering, Inc. is celebrating 25 years making heat and sound control products for the powersports industry. Over the years the company has designed and created unique "thermal tuning products" for the automotive and powersports racing and performance aftermarkets, as well as related industries such as aviation and even locomotive. In the custom motorcycle world, DEI is the 'Go-To' exhaust wrap.
Indian Motorcycle was recorded as being in 12th spot in market share terms in Germany for the first five months of the year with a 1.3% share/742 units sold - one spot behind Royal Enfield (1.56% share/889 units sold YTD). H-D was in 6th spot with an 8.44% share/4,798 units sold - its best seller is the Street Bob, followed by the Sport Glide and XL 1200 X.
After temporarily shutting down during the COVID-19 pandemic, GenZe - the only domestic USA made sit-on electric scooter maker - is closing permanently. Owned by Mahindra & Mahindra (of Roxor UTV, BSA, Jawa and Peugeot Motorcycles fame), the Indian conglomerate is "in the process of liquidating GenZe's assets after deciding to close a number of its unprofitable subsidiaries." GenZe will reportedly be completely dissolved in the next six months. The GenZe was a full-sized seated electric scooter with a large rear trunk.
Harley brakes maker Brembo (Italy) has posted Q1 revenues of financial results for the first quarter of 2020 with revenues down by -13.7% at
€ 575.9m (approx.. $250m), EBITDA at 17.7% and net profit of € 29.8m ($33m). The company has suspended dividends and says it is will explore M&As as a route to long-term growth.
MX Sports Pro Racing has confirmed that the opening two rounds of the 2020 Lucas Oil Pro Motocross Championship, sanctioned by AMA Pro Racing, will be permitted to allow spectator attendance. The season opening Circle K Ironman National will be held in Crawfordsville, Indiana's Ironman Raceway on July 18, followed by the WW Ranch National from Jacksonville, Florida's WW Motocross Park on July 25.
The Juice Charger 2 is described as the world's first wall box electric vehicle charger with contactless credit card payment capability. Manufactured in Switzerland by Juice Technology AG, it is described as an "intelligent 22 kW wall box, now offering the option of payment by credit card, ApplePay or GooglePay. The smart wall charging station makes identification, activation, control and payment simple thanks to integral NFC and RFID readers."
Sources: AMD, IDN, FT, Reuters, PSB, MPN, B&B, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news