Month: August 2022

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Lagos extends Okada ban to Oshodi, Mushin and others

Motorcycle Business

By Adedapo Adesanya

The Lagos State Government has assured residents that the Lagos Rail Mass Transit (LRMT), also known as the Red Line Project, will soon be completed.

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, in a statement issued by his Chief Press Officer (CPS), Mr. Gboyega Akosile, said that the transport infrastructure being developed by the Lagos Metropolitan Area Transport Authority (LAMATA) will have the capacity to carry over 500,000 passengers per day when it becomes operational in the first quarter of next year.

The Lagos Red Line rail will cross on standard gauge from Agbado to Oyingbo, in the first phase, while terminating at Iddo in the second phase. It has eight stations and is expected to reduce travel by more than two hours.

Mr. Sanwo-Olu, accompanied during the tour of the project by the Deputy Governor, Mr. Obafemi Hamzat, and cabinet members, first stopped at Agege’s multi-level terminal, where he inspected installation completion work.

The Agege Red Line terminal shares the same yard with the federally built Babatunde Raji Fashola station but is approximately 300 meters apart.

The governor also inspected staff quarters built by the Lagos government for railway workers employed by the federal government.

Mr Sanwo-Olu later led the team to the iconic Red Line Ikeja station, where 80% of the civil works had been completed, where he checked on the progress of the viaduct being built. on the Awolowo Way axis to ensure non-interference of vehicle traffic on the railway crossing.

The Governor stopped at Mushin Terminal, to inspect the station and the overpass, which stretches between Kayode and Ogunmokun streets, under development, before proceeding to Yaba and Oyingbo stations.

After the exercise which lasted four hours, Mr. Sanwo-Olu said he was satisfied with the quality of the work, revealing that most of the difficult tasks had been completed.

The entire construction, the governor said, has entered the finishing phase during which precast beams and other concrete fixtures are coupled to the constructed structures.

He said: “The red line is a project conceived and initiated by our government, which will be carried out during the lifetime of this administration. We are committed to ensuring that the project is completed by the end of this year, as promised. This is our fourth inspection trip on this project in the year alone and each time we come there is significant progress the contractor is making along the rail corridor.

“Along the rail corridor, massive regeneration is taking place and we have paid a significant sum in terms of compensation, far more than anyone else, for those affected by construction activities. That is why we do not have any problems with the members of the communities in this corridor. After inspecting Agege station, we went to check out Ikeja terminal, which happens to be the iconic red line station. Its size is almost the size of three football fields together.

“As we have seen, all stations inspected are at roof level, nearing completion. The civil works are finished, it’s just the finishing work we are doing at the moment. All activities are on schedule and we hope that the best complete project will be completed by the end of the year. Some locations were particularly difficult for the contractor to drill due to the high density of vehicles. All challenges have been overcome; what remains is in situ concrete and the placement of precast beams.

Mr Sanwo-Olu said construction work on the viaducts was at various stages of completion, but assured that all work would be completed by December.

He said work on the bridge over Awolowo Way on Agege Motor Road and the inner Mongoro bus stand remained on track and would be completed by the end of October.

Mr Sanwo-Olu said the Mushin overpass, which crosses Kayode Street at Ikorodu Road to Agege Motor Road in Mushin, and the one at Yaba from Tejuosho exiting at Murtala Muhammed Road would be completed by November.

To eliminate human interference with the rail corridor, the Governor has declared that the rail passage will be isolated from residential areas. This, he said, would also prevent encroachment and unauthorized business activities around the corridor.

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4 Sale / 1984 BMW R100RS / Dnepr Sidecar Rig: From Germany and Ukraine, with love

Motorcycle Sale

The other day, as I was returning from a trip to Newfoundland and missing my kids, I started thinking: how can I start taking them on my bike?

The sensible answer is to buy a sidecar. At least, that’s how I see it. My wife, a non-rider, feels differently.

But still, it seems reasonable to me, and it triggered a mental mechanic. What type of sidecar to buy? Like most people, I think the Ural is cool, but it doesn’t have a great reputation for mechanical reliability. At least not any Urals I could afford, as the newer ones are quite expensive. What could I buy along the lines of a Ural, but more likely to get home without an impromptu roadside snatch session?

There is always the Jimbo sidecars option (chinese remanufactured Chang Jiang sidecar platforms, about the same as an Ural, but with BMW air motors installed). But that’s a lot of denaro, and besides, I have nothing against Chinese motorcycles, but the Chang Jiang rig doesn’t have the WWII romance of the Urals… what to do?

Here’s what to do: head over to ADVrider’s flea market sub-forum and check out this awesome setup: a 1984 BMW R100RS mated to a Dnepr sidecar, and all for a reasonable price!

A Ukrainian sidecar with a Russian wheel, mated to a German bicycle. It sounds crazy, but it works. Photo: @pfestus1

Wait, what is a Dnieper?

Most inmates have at least some idea what a BMW R100RS is (the 1984 edition was at the end of production of this model, with an air-cooled boxer twin producing just under 70 horsepower). But a Dnepr? It’s a rare bird, and most of us have never seen one on the street.

Basically, a Dnepr is a Ukrainian version of the Urals. Reports vary; some people say that Dnepr began to build military motorcycles during the Second World War, almost identical to the Ural copy of the BMW R71 design. Other reports indicate that production began in 1946. Anyway, Dnepr built machines very similar to the Urals until the fall of the Iron Curtain. After that they became much less popular, and inmate @rtwdoug once told me that years after the Soviets abandoned Ukraine there were still Dneprs for sale at the factory at price defying all competition.

Dneprs had a similar reputation for reliability as the old-school Ural range, but if you want a rugged sidecar design, this is another option. So that’s what inmate @pfestus1 did: he took a Dnepr sidecar and mated it to a crash-damaged R100RS.

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Photo: @pfestus1

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Photo: @pfestus1

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Photo: @pfestus1

A correct construction

Here’s what the ad says:

I bought the R100RS circa 2005 after suffering a low side crash that destroyed most of the fairing. I bought it for a sidecar project. I took the bike to the Sidecar Magic Shoppe in Buckhannon WV where Gary Haynes built the custom subframe, installed the EML master link forks and mounted the sidecar. I modified the platform again adding a /5 headlight, larger front fender, lower gear final drive from an R60, Euro sidecar handlebars, /5 mufflers, Moto Lights, new Moto Meter/5 speedometer, heated grips, 400+ watt Alternator from Euro Moto Electrics. The 12v car battery is in the trunk of the sidecar. Krauser style saddle bags in good condition are included.

It looks like a well-made build! He notes some differences between the design of the Urals and that of the Dnepr, and he also incorporated parts of the Urals:

Although similar to an Ural, the Dnepr sidecar does not have a trunk door, access to the trunk is through the sidecar seat. The sidecar wheel is an Ural wheel with brake. The sidecar brake is activated by a second brake pedal next to the original rear brake pedal so you can use both the rear brake and the sidecar brake, just the bike brake or only the sidecar brake. I have a Ural windshield for the sidecar. I can ride it, or you can.

The seller says the machine handles and steers well, and will maintain 70mph, cruising happily at 55mph – 65mph. Looks like the engine and gearbox are well maintained; they are stock on the bike, and the seller says the final drive splines were lubricated and the push rod rubbers were replaced about 3,000 miles ago, and the carburetors were rebuilt by Bing. Looks like this setup is good to go!

However, since this is an airhead, you can still expect to pay some mechanical attention to the machine. It’s not a new bike anymore. According to the announcement:

The wiring in the headlight shell needs some attention. Due to an RS’s wiring harness being stuffed into a /5 headlight shell, there are a few things I haven’t figured out yet. The bike will only start in neutral, with the green neutral light on. Oil and generator lights do not work. Someone more electrical than me should be able to fix these issues with the included wiring diagram.

He drops a drop of oil on the ground after going for a walk.

There is a crack in the rear fender where the fender mounts to the subframe from when another motorcycle crashed into it.

That’s not enough to scare me away, not by a long shot, and the fact that this is a 247 series airhead, one of the best supported vintage motors in the world, makes me think any buyer will be able to keep this on the road for a long time.

If it were closer to home, I’d be seriously tempted, at the asking price of US$5,200 (the Roanoke, VA location isn’t for me, alas). While I would have to sell a bike or three to pay for it, the chance to create memories while riding with my kids would be invaluable. As for you: if you’re interested, check out the ad, where @pfestus has his contact details listed!

Evans Cycles to relaunch partnership with bike brand Cube – Business

Motorcycle Brand

Evans Cycles will relaunch its partnership with the Cube bicycle brand.

The partnership will see the retailer’s 71 locations, as well as the online store, feature products from the Cube range, after a three-year hiatus. The Cube range consists of high quality mountain, road, cyclo-cross and e-bikes, as well as cycling clothing, parts/components and accessories.

At the height of the pandemic, Cube and Evans Cycles put their business relationship on hold due to supply chain issues. However, thanks to continued investment in infrastructure and inventory, Cube and Evans Cycles parent company Frasers Group is able to resume supply later this year.

Russell Merry, Managing Director of Evans Cycles at Frasers Group, said: “We are delighted to be working closely with Cube again. As a retailer we are committed to providing the best choice from the best brands and our aim is to be the leader in cycling in store and online in the UK.

“The inclusion of such a quality range, which spans multiple cycling disciplines, is an important step in this journey and will be available throughout our store network.”

Bart van den Biggelaar, Commercial Director at Oneway, Cube’s UK distributor, said: “It is great that we are able to resume our partnership with the iconic Evans Cycles brand under the new ownership and management of Frasers Group.

“Our values ​​have always been aligned and, now that the issues the pandemic has brought are behind us, we are excited to continue our relationship benefiting from the elevated stores and online reach of Evans Cycles.”

Read more: Bicycle sales down a quarter from pre-Covid levels, says Bicycle Association’s latest report

Since its creation by Marcus Pürner in 1993 from his father’s workshop, Cube has grown into one of the largest independent bicycle brands in the world, with more than 600 people employed at the company’s headquarters in Waldershof, in Germany, in product development, engineering, manufacturing and sales.

Amtrak sale for Auto Train offers $39 coach fares

Motorcycle Sale

Amtrak is launching a fare sale on its Automatic train, offering tickets as low as $39, plus the cost of boarding your vehicle. By August 23, you can purchase these reduced fares for travel between Florida and the Northeast, to avoid traffic jams on I-95 and always arrive at your destination with your vehicle.

The Auto Train provides nonstop service between Lorton, Virginia and Sanford, Florida. Lorton is near Washington, DC and Sanford is near Orlando. It lets you travel with your vehicles and cover the 900 miles you typically travel on I-95 by train. And in the end, you won’t have to rent a car at the airport or wait for your parents or a friend to pick you up from the train station.

It’s perfect for people who hate long car journeys and are also hesitant to fly in today’s aerial landscape. You’ll even be able to pack your car like you would for a long road trip, but without having to try to see your rearview mirror over piles of blankets for eight hours straight.

The $39 coach tickets will include wide reclining seats and plenty of leg room, no middle seat and a giant window. A complimentary breakfast is included and served prior to arrival at your destination.

If you want to splurge a bit more, you can reserve a Roomette for $249 per passenger. These rates include seats, bedding, pillows, towels and linens, and a dedicated service attendant. Want the full luxury rail experience? Room rates have twice the space of the small room and additional amenities, plus dinner and breakfast are served. It will cost $449.

The cost of boarding your vehicle depends on the type of vehicle. A standard vehicle costs $487; a stretched vehicle, such as an SUV or minivan, costs $556; and a motorcycle will set you back $298.

Here are the details: The discounted fare is available between August 16 and August 23, for northbound travel from Sanford, Florida to Lorton, Virginia. Tickets will be for travel dates between September 6 and December 15. The blackout dates when the offer is not valid are between November 18 and November 20, and November 25 and November 27. You can book the offer on Amtrak.com or through the Amtrak app.

Royal Enfield Hunter 350 price in Kerala, variants and more!

Motorcycle Price

Royal Enfield has launched the all new Hunter 350 in Kerala. The manufacturer has given the motorcycle a very aggressive price, which makes it attractive to a wider audience. The Hunter 350 is priced at Rs 1.49 lakh (ex-showroom, Kerala) and comes in two different variants – Retro and Metro. The high-end metro gets 2 more classifications within Rebel and Dapper. A total of 8 different colors are available.

Hunter 350 Metro Rebel Series

Variant Ex-showroom price
Hunter 350 Factory Series 1.49 million
Hunter 350 Dapper Series 1.63 lakh
Hunter 350 Rebel Series $1.67 million

Royal Enfield Hunter 350 price in Kerala through the variants aml04935-medium Hunter 350 rear view

Royal Enfield Hunter 350: variant details

The Hunter is a remixed roadster with decent doses of modern and retro cues in its design. It remains visually distinct through its variants and variations. The retro gets 17-inch spoked wheels, tires with different patterns, 300mm front disc, 6-inch rear drum, single-channel ABS, rather basic digital-analog dash, basic switchgear and a single color for the fuel tank.

ALSO READ: 2021 Royal Enfield Classic 350 Review

aml04868-medium Instrument cluster of Royal Enfield Hunter 350 Metro

The Metro has sleek 17-inch alloy wheels, wide tubeless tires with “better” patterns, dual-channel ABS, high-end shift gear like the ones you see on the new Classic 350 and Meteor, with a two-tone livery, rounded LED rear lights, a 300mm front and 270mm rear disc, a USB charging point and a more advanced dashboard.

Royal Enfield has also launched an extensive range of official motorcycle accessories.

ALSO READ: Royal Enfield Meteor 350 review

aml04864-medium RE 350 fighter

Royal Enfield Hunter 350 Specifications

Royal Enfield gave the Hunter nearly the same mechanics as the new Classic and Meteor. It’s built on the new-age platform co-developed with Harris Performance and draws its power from the new J-Series engine. Throttle response and engine mapping have been tweaked to deliver more peppy performance. The air-cooled 350cc single-cylinder engine produces 20.2hp and 27Nm and is mated to a 5-speed transmission.

aml04893-medium RE Hunter 350 Metro Rebel Series

Royal Enfield Hunter 350: why is an RE so special?

Here are 3 clever things that set the Hunter 350 apart from other Royal Enfield motorcycles:

  • The Hunter 350 has the shortest wheelbase of any RE motorcycle to date.
  • It is the lightest Royal Enfield to date, weighing only 181 kilos (14 kilos less than the Classic 350)
  • Hunter is RE that places you the lowest! The seat height here is only 790 mm!

ALSO READ: 2022 Royal Enfield Scram 411 Review

Royal Enfield Company in Kerala

Kerala continues to be one of the key markets for Royal Enfield. Hunter 350 received an overwhelming response from the state. RE reveals that Kerala has recorded the highest number of motorcycle bookings in the country. With its aggressive pricing and the nature of the crowd here, Royal Enfield has a great chance of converting many 250cc wannabes to this product.

ALSO READ: 2021 Royal Enfield Himalayan Review

Engine 349cc, single-cylinder, air-cooled, fuel-injected engine
Power 20.2 hp
Couple 27Nm
Transmission 5 speeds
Unloaded weight 181 kilos
Seat height Hunter 350 790 millimeters

Royal Enfield Hunter 350 specs, seat height and more details

2022 Suzuki GSX-S1000GT goes on sale in Malaysia

Motorcycle Sale

KUALA LUMPUR: Suzuki Malaysia has expanded its local lineup with the addition of a new sport-touring motorcycle, called the GSX-S1000GT. Based on the revised GSX-S1000 aluminum frame, the new bike promises a true grand touring riding experience for enthusiasts. Let’s see the first impression of this new hunk in town.

KEY POINTS TO REMEMBER

  • How much does the 2022 Suzuki GSX-S1000GT cost?

    The 2022 Suzuki GSX-S1000GT is priced at RM85,700 (before insurance, road tax and registration).

  • What powers the 2022 Suzuki GSX-S1000GT?

    The 2022 Suzuki GSX-S1000GT is powered by a 999cc Euro5 inline-four engine generating 152hp at 11,000rpm and 106Nm at 9,250rpm.

    • Design

    The bike features edgy styling with a slanted nose combined with a pair of horizontally arranged LED headlights, V-shaped running light, alien-like fairing, non-adjustable windshield and turn signals side LEDs. It also gets panniers as standard targeting customers who want a sporty liter-class bike with luggage-carrying convenience.

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    The bike rolls on 17-inch wheels and the saddle height measures 810mm. With a 19 liter fuel tank, it tips the scales at 226 kg.

    Colors

    The two body colors available for the 2022 Suzuki GSX-S1000GT are Triton Blue Metallic and Reflective Blue Metallic.

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    Engine

    This Japanese grand tourer is powered by a 999cc Euro5 inline-four engine which is good at generating a power output of 152PS at 11,000rpm and a peak torque of 106Nm at 9,250rpm. Power is sent to the ground via a six-speed manual gearbox with a quick-shifter and chain-driven final drive.

    image-20-27

    Features

    The latest GT model comes with several advanced electronic features including –

    • 6.5-inch TFT screen with access to navigation functions, call management, music and more via the Suzuki mySPIN app
    • Electronically controlled throttle
    • Suzuki Intelligent Ride system with ride modes
    • traction control
    • Cruise control system

    Suspension & Braking

    As for the suspension, it is equipped with a fully adjustable inverted telescopic fork at the front and a monoshock at the rear. The braking functions, meanwhile, are managed by a double front disc and a single rear disc.

    untitled-design-250

    Price

    The all-new Suzuki GSX-S1000GT 2022 price in Malaysia starts at RM85,700 (before insurance, road tax and registration).

    Now you can experience the latest sport tourer at your nearest authorized Suzuki showroom.

    To read also: Suzuki Burgman electric version in the boxes?

    Sipi Vig

    August 17, 2022

Five new homes ranging from $1.795 million to $4.798 million

Motorcycle Brand

If you are in the market to buy a brand new home without the need for painting or updating, only your personal touch with the decor, then a newly built home may be your preference.

After:Historic house, Ipswich’s first post office, on the market for $775,000

After:Home staging makes a house for sale as attractive as possible. How do they do?

Here are Gibson Sotheby International Realty’s picks of the week for newly built homes in Chatham, Harwich, Wellesley and Weston, ranging from $1.795 million to $4.798 million.

$1,995,000Chatham

This newly constructed 2,949 square foot home at 252 Deer Meadow Lane, Chatham on 1.6 acres of land awaits individual touches. It has 9 foot ceilings, four bedrooms, four full bathrooms and a powder room.

The floors are hardwood throughout. The kitchen will have custom cabinetry in the owner’s color choice. All counters are granite.

The master bedroom is located on the first floor with a walk-in shower, a double vanity and a large walk-in closet.

The family room has a gas fireplace. The dining room leads to a terrace. The main level also has a mudroom and laundry room.

Each of the three bedrooms on the second level has its own private bathroom. There is also storage and an additional family room or office space on the second level.

The fore and aft decks are built with Azek materials.

For more information, contact the listing agent, Darci Sequin, 508-274-6700.

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$1,795,000

This home overlooking Aunt Edie’s Pond at 34 Red Pine Drive, Harwich has three bedrooms, three full bathrooms and a powder room.

The chef’s kitchen features quartz countertops, a large center island, bar and dining area leading to a private terrace.

The sunny great room with gas fireplace, hardwood floors and custom built-ins sits just off the entry hall and library.

The master suite is located on the first floor. The upper level features two guest bedrooms and a loft/home office with a full bath and bonus room.

Other amenities include a spacious deck, a finished lower level with a family room, and additional space.

The house has central air conditioning, central vacuum, generator hook-up, irrigation system and high-efficiency utilities.

The waterfront location is perfect for kayaking and paddle boarding and minutes from the bike path, Nantucket Sound and golf.

For more information, contact the listing agent, Dianne Mongeau at 508-274-2568.

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$2,895,000 Wellesley

This newly built 4,600 square foot home at 19 Turner Road, Wellesley has four bedrooms, four bathrooms and a powder room.

This contemporary colonial style has a gracious lobby that opens to the living room with fine millwork. The dining room leads to an expansive kitchen with a generous island, top brand appliances and a dining area overlooking the grounds.

The spacious family room with open fireplace has large windows and 9 foot ceilings with coffered details. The garage vestibule offers ample storage.

The second floor features a master suite with bay window, spa-like bathroom, built-in shelving and two large walk-in closets. The second floor is completed with two additional bedrooms as well as a full bathroom and a spacious laundry room.

The finished lower level has a full bathroom, gym, and an additional family room perfect for entertaining or a bonus/game area.

The house is located close to town, train, walking trails and Morses Pond.

For more information, contact listing agent Benoit, Robinson, O’Rourke at 617-962-9292.

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$4,485,000 Weston

This newly constructed 9,268 square foot, five bedroom, 6.5 bathroom home at 667 Wellesley St., Weston is surrounded by 2.67 acres and close to Weston and Wellesley schools.

Indoor features include an indoor saltwater pool and lounge area equipped with its own dedicated air conditioning quality system.

The open floor plan offers three levels of space.

The chef’s kitchen with custom cabinetry on the first floor includes a pantry and Thermador appliances.

The master suite has a spa-like bathroom and large double closets and overlooks the private backyard.

There are three additional bedrooms with attached bathrooms and a large closet comprising the second level plus a bonus room that could be used as an additional bedroom, home office, fitness room or media room.

The lower level is a multipurpose space with incredible natural light and includes a fitness room, additional family/media room with wet bar, and full bathroom.

For more information, contact the listing agent, Christina Santangelo, 617-593-0889

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$4,798,000 Weston

This new 7,658 square foot mid-entry Colonial at 83 Brown St., Weston features six bedrooms, 6.5 bathrooms and a grand two-story foyer.

The formal living room and dining room feature hardwood floors. The gourmet kitchen with a large center island, wet bar and expansive dining area is flooded with natural light and opens to a sunny oversized family room with custom millwork.

There is also a cloakroom and a guest/au pair suite on the first floor.

The second floor has a master suite and offers a walk-in closet and spa-like bath and three additional en-suite bedrooms

The lower level offers a flexible floor plan, including space for a media room, exercise room/office, games room and guest bedroom, including storage space.

The house is located close to schools in Weston and downtown Wellesley.

For more information, contact listing agent Benoit, Robinson, O’Rourke, 617-686-4110.

Lyft (NASDAQ:LYFT) Price target cut to $28.00 by Guggenheim analysts

Motorcycle Price

Lyf (NASDAQ:LYFT – Get an assessment) had its target price reduced by Guggenheim from $32.00 to $28.00 in a research note released Monday morning, Fly reports. They currently have a buy rating on shares of the rideshare company.

A number of other research analysts have also recently released reports on the stock. Cowen lowered his price target on Lyft stock from $68.00 to $42.00 and set an outperform rating for the stock in a Wednesday, May 4 research report. Wells Fargo & Company lowered its price target on Lyft stock from $49.00 to $42.00 and set an overweight rating on the stock in a Monday, Aug. 8 research report. Barclays lowered its target price on Lyft shares from $32.00 to $20.00 and set an equal weight rating on the stock in a research report on Friday August 5. Atlantic Securities lowered its target price on Lyft stock to $24.00 in a Tuesday, Aug. 9 research report. Finally, Stifel Nicolaus raised his price target on Lyft stock from $18.00 to $19.00 in a Friday, August 5 research report. Nine equity research analysts gave the stock a hold rating and sixteen gave the company a buy rating. According to MarketBeat.com, the company has a Moderate Buy consensus rating and an average price target of $37.84.

Stock Lyft down 0.6%

Shares of NASDAQ LYFT opened at $19.29 on Monday. The company has a market capitalization of $6.72 billion, a P/E ratio of -7.39 and a beta of 1.83. Lyft has a 52-week minimum of $11.96 and a 52-week maximum of $57.68. The company has a debt ratio of 0.84, a quick ratio of 0.90 and a current ratio of 0.90. The company’s 50-day moving average price is $15.05 and its 200-day moving average price is $26.44.

Lyf (NASDAQ:LYFT – Get an assessment) last released its quarterly results on Thursday, August 4. The ride-hailing company reported earnings per share (EPS) of $0.13 for the quarter, beating analyst consensus estimates of $0.05 ($0.18). The company posted revenue of $990.70 million for the quarter, versus a consensus estimate of $988.14 million. Lyft had a negative net margin of 24.44% and a negative return on equity of 46.36%. The company’s revenue for the quarter increased 29.5% year over year. In the same quarter of the previous year, the company achieved EPS of ($0.68). Stock analysts expect Lyft to post -1.62 earnings per share for the current year.

Insider Activity at Lyft

In related news, insider Kristin Sverchek sold 13,000 shares in a transaction dated Tuesday, August 9. The shares were sold at an average price of $18.98, for a total transaction of $246,740.00. Following the completion of the transaction, the insider now owns 70,350 shares of the company, valued at $1,335,243. The transaction was disclosed in an SEC filing, which is available via this link. 3.31% of the shares are held by insiders of the company.

Institutional investors weigh in on Lyft

Institutional investors have recently increased or reduced their stake in the company. MCF Advisors LLC bought a new stake in Lyft during the first quarter worth approximately $25,000. Clearstead Advisors LLC increased its holdings in Lyft by 58.9% during the second quarter. Clearstead Advisors LLC now owns 1,845 shares of the ride-hailing company valued at $25,000 after buying an additional 684 shares in the last quarter. Elequin Capital LP purchased a new stake in Lyft during the first quarter worth approximately $26,000. Rockbridge Investment Management LCC increased its holdings in Lyft by 95.6% during the fourth quarter. Rockbridge Investment Management LCC now owns 671 shares of the ride-hailing company valued at $29,000 after buying 328 additional shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in Lyft by 261.7% during the second quarter. Fifth Third Bancorp now owns 2,344 shares of the ride-hailing company valued at $31,000 after buying an additional 1,696 shares in the last quarter. 80.43% of the shares are held by hedge funds and other institutional investors.

Lyft Company Profile

(Get an assessment)

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that provide riders with personalized, on-demand access to a variety of mobility options. It supplies the carpooling market, which connects drivers with passengers; Express Drive, a flexible car rental program for drivers; Lyft Rentals, which provides vehicles for long-distance trips; and a network of shared bicycles and scooters in different cities to meet the needs of cyclists for short trips.

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Sentence served for man who participated in $30,000 robbery at Niagara business

Motorcycle Business

A 21-year-old man who participated in a daring robbery at a Niagara Falls business that netted thieves $30,000 in goods has been sentenced to jail.

“He graduated, not academically, but graduated in felony,” Judge Andrew Brown said Tuesday after Chase Belward pleaded guilty to a slew of charges in the Ontario Court of Justice in St. Catharines.

“For a 21-year-old who engages in this kind of crime, his actions are fueled by a lack of common sense, poor decision-making and, most importantly, substance abuse.”

The court heard that the offender, of no fixed address, had spent the equivalent of 11 months in pre-trial detention.

He was sentenced to time served and placed on probation for three years.

On June 16, 2021, the court heard, Belward and a second man punched a hole in the roof of the Lapennaco Liquidation Super Center and entered the business by descending a rope.

Once inside, the men stole $30,000 in merchandise.

Police searched a home on Ottawa Street several days later and arrested three people in connection with the theft. The property related to the break and enter was inside the residence.

The accused was arrested again in September following a burglary at a Niagara Falls home.

In this case, a variety of items including computers, cell phones and jewelry were stolen. The value of the stolen items exceeded $4,000.

The assailant also entered a shed in another home that same evening and stole a $600 motorcycle.

Honda Vietnam records an increase in motorcycle sales | Company

Motorcycle Business

Workers at a Honda Vietnam factory in Ha Nam province (Photo: VNA)

Hanoi (VNA) – Honda Vietnam sold 164,273 motorcycles of all kinds in July, a monthly increase of 11.2% and a rise of 42.1% over the same period last year.

Wave Alpha was the company’s top-selling model during the month, selling 56,792 units, accounting for 34.6% of the total.

Honda Vietnamwhich accounts for 80% of the motorcycle market share in Vietnam, is not only a leader in the motorcycle market, but also in all three segments – scooters, hybrid scooters and manual models.

Surveys in Hanoi showed that the supply of Honda motorcycles to dealers was more plentiful, while the prices of many popular models such as Honda Vision, Honda SH and Honda Air Blade have also dropped considerably.

The company implements many solutions to achieve the fixed yield and meet customer needs.

Honda Vietnam also launched its summer promotional program to stimulate demand.

Not standing out from the game, other motorcycle manufacturers such as Piaggio Vietnam, Suzuki Vietnam, and Yamaha Motor also offered exciting promotions to attract customers./.