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Tuesday 31 October 2023

News Briefs

Dennis Chung ( reports that a 2024 Indian FTR X 100% R Carbon has been confirmed by VIN Filings. A collaboration with eyewear maker 100% - whose Barstow goggles feature in Indian's factory G&A offering - aside from some special edition livery, the FTR x 100% isn't expected to be to be significantly different from the existing R Carbon model with its gold-colored Öhlins suspension, upgraded seat, special tank panels with Indian Script logo, silver and gold pinstriping, and various carbon fiber component upgrades compared to the standard FTR. EICMA, in Milan in November, may be the timing for the unveil. 

More news about the 2023 Powersports Business Accelerate Conference (November 5-7 at the Westin Galleria in Dallas, Texas) with details of the agenda now published. A highlight this year will be Curtis Dubay, chief economist at the U.S. Chamber of Commerce, kickstarting day two with a discussion about the current US economy and what it may look like in 2024 and 2025 - inflation, the Fed, interest rates, and how these things will affect consumer spending on powersports products. Registrations are open. 

Thirteen AMA No. 1 plates will be up for grabs in seven different classes at the 2023 AMA Amateur Road Race Grand Championship - October 19-22 at Daytona International Speedway. Sanctioned by the AMA and operated by the American Superbike Racing Association (ASRA), four full days of road racing action will coincide with the ASRA team challenge series and ASRA sprint races. Outside of the national championships, other awards presented at the event include the Nicky Hayden AMA Road Race Horizon Award, the AMA Road Race Youth Award, the AMA Road Race Top Novice Award and the AMA Road Race Vet/Senior Award. 

Total domestic household debt in USA rose by $16bn to reach $17.06tn in the second quarter of 2023. Credit card balances saw brisk growth, rising by $45bn to a series high of $1.03tn. Other balances, which include retail credit cards and other consumer loans, and auto loans increased by $15bn and $20bn, respectively. Student loan balances fell by $35bn to reach $1.57tn, while mortgage balances were largely unchanged at $12.01tn. 

Sources: AMD, IDN, FT, Reuters, PSB, MPN, BDN, MCN, AP, Bloomberg, MSNW, Electrek,,,, Cycle World,