The annual Bigtwin Bikeshow & Expo, originally slated for October 30 through November 1 this year, at Expo Houten near Utrecht in the Netherlands, has also been canceled.
Harley-Davidson recently removed the 'Bronx' streetfighter motorcycle from the Future Vehicles page on its website. According to PSB, BMO Capital Markets says that at a stroke, this removes sales of 1,550 units and $17m from 2021 forecasts, with knock-on impact on its 2022 unit forecast of 1,430 units and a further -$18m of revenue to $4.322bn.
PSB (via Newsbreak.com) reported that as at September 15 at least three motorcycle dealerships had been destroyed by the forest fires in Oregon - D&S Harley-Davidson, Medford (Est. 1971); Hansen's BMW Motorcycles, Medford (Est. 1972) and Oregon Motorcycle Adventures KTM, also at Medford, Oregon (Est. 2004).
Paul Veracka has acquired a seventh Harley-Davidson dealership. After 13 years of ownership, Hendrick Automotive Group has sold its only H-D store, Old Glory Harley-Davidson of Laurel, Maryland, to Paul. He and his brother Michael split the Veracka family H-D dealer group between them last year. Paul additionally owns High Octane H-D of North Billerica, Massachusetts; Palm Beach H-D; Rockstar at Ft. Myers; Motown H-D in Michigan; Alligator Alley of Sunrise, Fl. and Manchester H-D in New Hampshire. The dealership will retain the Old Glory name and remain at its current location.
Reports suggest that H-D has gone ahead with closure of its Bawal, India factory and may therefore be set to drop its Street 500/750 line, at least in Europe. Asian Pacific operations will likely be focused at its Thailand plant. Meanwhile Hero MotoCorp has emerged as Harley's most likely new distribution (and manufacturing?) partner in India - presumably using CKD kits.
It is thought that the China-exclusive model 338R being designed by Geely subsidiary and Benelli owner Qianjiang Motorcycle will go ahead, with the Bronx Streetfighter definitely not seeing the inside of showrooms until 2022 at the soonest.
Bonnier Corp has been sold, with the remnants of its powersports publishing operations, to New York based online consumer credit platform provider Octane. Founded in 2014 and known in Wall Street circles as a 'Fintech', it would appear Octane wants to leverage the Bonnier brands to generate powersports vehicle lending leads. That is known as click bait to more traditionally minded mortals. The brands sold include Cycle World (RIP), Motorcyclist, Dirt Rider, Motorcycle Cruiser, UTV Driver, ATV Rider and EV website Cycle Volta.
The Performance Racing Industry trade show (PRI) has announced cancelation of its 2020 Trade Expo. Due to have been staged at the Indiana Convention Center in downtown Indianapolis in December, PRI President Dr. Jamie Meyer stated: "Our goal is to always do what is best for the motorsports industry, and PRI will continue to lead with business solutions for an ever-changing future."
Sources: AMD, IDN, FT, Reuters, PSB, MPN, B&B, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news, RideApart.com, Motor1.com
