Kawasaki to part ways with its motorcycle business

Kawasaki Heavy Industries, manufacturer of heavy equipment, engines, aerospace, ships, trains and defense products, is separating its motorcycle division from the rest of the company. The move comes as the division experiences slow sales due to the COVID-19 pandemic.

Previously, the Kawasaki Heavy Industries head office in Kobe, Japan housed both the main operations and the motorcycle division. In an announcement on Monday, November 2, KHI said it would be splitting up its motorcycle and rolling stock divisions, which manufacture trains, and are also experiencing declining sales. Kawasaki calls this a major reorganization and restructuring.

Kawasaki Headquarters. Credit: Wikipedia.org

The company’s 124-year-old motorcycle division expects a loss of 5 billion yen (US $ 47.7 million) for the current fiscal year. KHI, along with Mitsubishi Heavy Industries and IHI, are considered the Big Three Japanese Industrial Manufacturers in Japan. The restructuring is being carried out in part with the aim of speeding up decision-making processes within the division, as well as rebuilding and improving the finances of the division.

KHI has seen its stock price steadily decline in 2020, but, according to NHK World-Japan, Kawasaki President Yasuhiko Hashimoto has said he hopes the motorcycle division will continue to develop the strong Kawasaki brand.

The restructuring measures come amid a global pandemic that has had a volatile effect on global markets and economies, choking consumer spending. Kawasaki also announced plans to integrate its shipbuilding division into its factory division and increase cooperation with other companies with the aim of complying with environmental regulations.

Sources: nhk.or.jp, tellerreport.com

Kawasaki to part ways with motorcycle business, future unknown

Kawasaki will separate from the motorcycle business
SRC – NHK World Japan –
Kawasaki Official Press Release 2.Nov.2020

Japan’s leading machinery maker Kawasaki Heavy Industries has announced that it will divest its ailing motorcycle and engine business next year as part of a major restructuring.

The company said on Monday that it plans to split its motorcycle manufacturing and sales division and its Rolling Stock division, which manufactures both conventional and high-speed trains.

Kawasaki says he hopes the move will speed up decision-making and improve his financial situation.

Motorcycle sales in Southeast Asia have fallen sharply due to the coronavirus pandemic. The company expects an operating loss of about 5 billion yen, or $ 47 million, for the current fiscal year.

Kawasaki says it is strengthening intra-industry cooperation to ensure compliance with environmental regulations and other issues.

Kawasaki President Hashimoto Yasuhiko told a press conference that he hopes the motorcycle industry will continue to strengthen the Kawasaki brand and revitalize the market through collaboration with other companies.

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Extract from the Kawasaki statement

The Power Sports business, which includes part of the Motorcycles and Engines business, includes motorcycles and four-wheeled all-terrain vehicles, and is Kawasaki’s only mass production business aimed at consumers. The split of this activity will accelerate decision-making, and by offering products and services in line with customers – including new lifestyle offerings – Power Sports will further strengthen its role as the Group’s flagship activity by building the strong Kawasaki brand.

In the short term, we will continue to work on improving our financial situation. However, when you consider the industry as a whole, it faces significant issues such as an aging customer base and compliance with environmental regulations. Kawasaki strengthens intra-industry cooperation, including through the joint development of advanced electric drive and safety technologies, as well as a greater community of functional parts, in order to catalyze the growth of the Power Sports business and revitalize the Marlet.

The Motorcycle & Engine activity also initiates innovative projects to seize new business opportunities. Its initiatives include extending the company’s resources to mass production enterprises in cooperation with Precision Machinery & Robot Business, collaboration in the markets of agricultural machinery and turf maintenance in hydraulic systems and engines. general use, and promoting the development of short-term mobility such as incorporating robotics and remote technologies.

In a statement, KMC CEO Eigo Konya said:

As for US operations, KMC will not see any changes. All of KMC’s tasks and assignments will remain the same and KHI’s restructuring plan will only improve KMC’s ability to serve KMC’s customers by enhancing KMC’s ability to be quick and efficient when reviewing the business. industry and the future of powersports. The Kawasaki brand in North America is strong and growing even in the face of COVID-19 and at KMC we will continue our great mission of providing Kawasaki products and keeping our customers happy. “

The spin-off is expected to be completed by October 2021.

Learn more about Kawasaki Heavy Industries. https://en.wikipedia.org/wiki/Kawasaki_Heavy_Industries

Industry / Kawasaki will separate from its motorcycle activity

Kawasaki Heavy Industries (KHI), the parent company of Kawasaki Motorcycle Corp., announces the split of its motorcycles business. The split is part of a corporate restructuring plan. The Japanese automaker says the move will speed up decision-making and improve its financial situation.

At a press conference, Kawasaki President Hashimoto Yasuhiko said he hopes the motorcycle industry will continue to rely on the strong Kawasaki brand. And he hopes it will revitalize the market through collaboration with other companies.

As part of the split, Kawasaki Motorcycles will get a separate management structure and possibly a new name. However, the company will retain its assets, intellectual property and human resources.

While the spin-off looks significant at first glance, the change isn’t significant for parent company Kawasaki Heavy Industries. Motorcycles are a very small part of the parent company which also owns companies producing heavy equipment, aerospace equipment, industrial robots, gas turbines, ships and boilers.

Once the spin-off is over, the new Kawasaki Motorcycle Corp. will be able to concentrate better on its products. It may also be able to better adapt to the wants and needs of the industry. Ultimately, spin-offs can lead to a more focused and agile business.

The spin-off will not change KMC USA

This decision is unlikely to change much for the US branch of Kawasaki Motors Corp. USA (KMC). In a statement, KMC CEO Eigo Konya said:

As for US operations, KMC will not see any changes. All of KMC’s tasks and assignments will remain the same and KHI’s restructuring plan will only improve KMC’s ability to serve KMC’s customers by enhancing KMC’s ability to be quick and efficient when reviewing the business. industry and the future of powersports. The Kawasaki brand in North America is strong and growing even in the face of COVID-19 and at KMC we will continue our great mission of providing Kawasaki products and keeping our customers happy. “

The spin-off is expected to be completed by October 2021.

Kawasaki to phase out its motorcycle business by October 2021

Coming from Tokyo, Japan, we have news that is sure to surprise Kawasaki enthusiasts. In a declaration released yesterday, Kawasaki Heavy Industries, Ltd., announced that it will be parting ways with its motorcycles and engines business while integrating more of its industrial businesses in order to streamline the company’s operations. These industrial companies include naval and offshore structures, as well as energy systems and factory engineering companies.

Kawasaki says that despite the COVID-19 pandemic, the future of public transport, especially railways, looks pretty solid. Citing the environmental sustainability and efficiency of rail transport, the company identified several potential projects in several regions. With this, Kawasaki seeks to capitalize on the opportunity by allocating more resources to offshore infrastructure projects. According to the company’s statement, they plan to integrate the naval and offshore structure by April 2021.

The integration of Kawasaki’s energy systems business is also scheduled by April of next year. Citing the tendency to view hydrogen as a clean energy source, Kawasaki sees it as an opportunity to leverage its strengths in the industry. With this, Kawasaki is currently working on the development of liquefied hydrogen transporters, hydrogen gas turbines, storage tanks and liquefaction systems.

What about bicycles? Well, it turns out motorcycles are just one part of the mammoth pie that is Kawasaki’s business. That being said, Kawasaki’s motorcycles and powersports business will be transformed into a new company dedicated solely to the production of all-terrain motorcycles, engines and four-wheelers by October 2021. Being the sole production company Kawasaki’s customer-oriented mass market, the company anticipates that by separating from the business, key operational factors such as decision-making, product development and time to market will be significantly accelerated.

Interestingly, it is with the spin-off in mind that Kawasaki is looking to strengthen its powersports business as the company’s flagship brand. So it’s safe to say that our beloved Kawasaki motorcycles are not going anywhere. In fact, it’s good to see the company taking steps to speed up and streamline its business, so it can continue to offer products that are both innovative and exciting.

Honda 2Wheelers India Expands BigWing – Its Exclusive Network Of Premium Motorcycle Companies | Odisha News | Latest Odisha News

Gurugram: After entering the midsize motorcycle segment with the global launch of the H’ness CB350, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) today raised the Go Riding spirit for its fans in India. On the one hand, Honda, faithful to its commitment, has today extended its BigWing Topline network to 2 new cities of Mumbai and Bangalore. At the same time, pushing the festivities at full speed, Honda also announced its biggest savings festival of up to Rs. 43,000 on H’ness CB350!

Honda’s exclusive BigWing Topline network extends to Maharashtra and Karnataka

Following on from its debut in the midsize motorcycle segment, Honda today launched 2
BigWing Topline network in Mumbai and Bangalore. Represented by Honda’s iconic silver wing brand, the Honda BigWing Topline will provide a differentiated, immersive experience for Honda premium motorcycle customers in the west and south, in addition to the first BigWing Topline unveiled at Gurugram ( Haryana) last year.

It should be noted that Honda’s premium motorcycle retail format is led by BigWing Topline in top subways and BigWing in other demand centers. While the Honda BigWing Topline marquee will house Honda’s full line of premium motorcycles from the all-new majestic H’ness CB350, 2020 CBR1000RR-R Fireblade, 2020 CBR1000RR-R Fireblade SP and Adventure Tourer 2020 Africa Twin Adventure Sports ; the BigWings will delight fans of Honda midsize motorcycles.

Sharing an overview of the importance of 2 new BigWing Toplines and the attractive fundraising program, Mr. Yadvinder Singh Guleria, Director of Sales and Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said: “In September, our latest H’ness CB350 Global Motorcycle introduced new enthusiasm for midsize riders and the initial response was very overwhelming. Our next step is to expand Honda BigWing (Honda’s exclusive premium motorcycle network) to deliver a truly differentiated immersive experience closer to our customers. Today we are delighted to unveil our BigWing Topline marquee in Bangalore and Mumbai for Honda’s full range of premium motorcycles. Going forward, our new BigWing for mid-size motorcycles up to 500cc and BigWing Topline for the entire premium motorcycle lineup will bring Honda’s fun motorcycles closer to customers. At the same time, as we enter the festivals, Honda has further increased the excitement with our biggest festival celebrations with savings of up to Rs. 43,000. So India, get ready to roar with your H ‘ness CB350 preferred.

Triple fun with savings of up to Rs. 43,000 at a spectacular 5.6% interest rate:

Starting today, Honda 2Wheelers India and its partner ICICI Bank presented the biggest festival ever. H’ness CB350 customers will now benefit from an irresistible offer on retail financing.

For a limited period, customers can now benefit from financing up to 100% of the price of the vehicle on the road. The biggest motivation to buy your favorite H’ness CB350 right now may simply be the spectacular interest rate starting at 5.6% – almost half of the going market rates, which saves up to ‘at Rs. 43,000.

Customers can also choose to go for the attractive and super affordable Rs. 4,999 EMI options.

Adorned with the monochrome black and white theme, BigWing presents the vehicles on display in all their glory. BigWing’s knowledgeable and well-trained professionals resolve all customer queries related to the product or accessories. At the same time, the dedicated corner with a versatile range of BigWings accessories enhances driving pleasure and amplifies new opportunities for customers.

Facilitating the journey from research to purchase, the dedicated site www.HondaBigWing.in is available for all detailed information. The online booking option on the website ensures a fast, seamless and seamless booking experience for customers at their fingertips. Capturing customer feedback in real time, Honda BigWing is also actively available on all social media platforms.

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Tragedy of Derbyshire man who lost motorcycle business due to dementia

A renowned Derbyshire entrepreneur has seen his life and work devastated after contracting some form of dementia in his 50s forcing him to shut down his beloved business.

Phillip Clarke was only 57 years old when he was diagnosed with Pick’s disease, a form of dementia that affects personality and behavior before leading to severe memory loss.

The Derbyshire father, who ran the Clarke Motorcycles car shop for 30 years, had to abandon his beloved business in 2016 due to the worsening effects of the disease.

Daughter Estelle described the store as her father’s pride and joy and said it had been a difficult and emotional time as the family struggled to support him in this life-changing condition.

The 28-year-old added: “He was confident and positive, but as the disease progresses he worries about the smallest things and becomes frustrated and panicked if anything changes at home.

“He also loses his temper when we try to help him with words or tasks and he is even sometimes suspicious of his family which breaks our hearts.

“The condition means that he may act inappropriately and even recklessly – chatting with strangers as if he has known them for years, and once he tried to open the passenger door of the car while I was driving.

“Due to his worsening condition, we had to make the heartbreaking decision to close the store, his pride and joy, in July 2016.”

Phillip lives with his daughter, wife Tracey and brother Scott in Melbourne where they turned the family garage into a workshop to keep him repairing bikes for fun and keeping his mind active.

Phillip in his studio at home

When her father’s mood soars, Estelle said it was difficult to know what to do in these situations, especially for people who may have never experienced a similar situation before.

Since the diagnosis, Estelle said she had to “mature very quickly” in order to support her parents, including taking care of family finances which were previously overseen by her father.

Each year, the young woman participates in the memory walks organized by the Alzheimer’s Society UK in Nottingham, which is a sponsored walk in which people participate to raise funds for the association.

0_nm_tem_201020clarkes_02_result The Clarke family on their memory walk at Staunton Harold Reservoir. Daughter Estelle, son Scott, wife Tracey and Phillip.

This year, due to the coronavirus pandemic, the Clarke family were unable to participate in an official walk and instead chose to do their own around one of Phillip’s favorite natural spots.

Earlier in October, Estelle, her fiance and her parents took a four-mile walk around Staunton Harold Reservoir, one of her father’s favorite places, to fundraising for dementia research.

She added, “Participating in the Alzheimer’s Society Memory Walk has been a positive experience for Dad and a chance for us to highlight the hardships that living with dementia can bring.

“What has helped me cope is hearing or reading about other families going through similar changes, so I want to share our experiences so that other families living with dementia don’t feel alone. “

The Alzheimer Society invites people to get involved in more fundraising events for the charity, including their annual “Elves Day” which takes place on December 4th.

More information on fundraising events can be found here.

electric_scooteraustinjpeg

A California family’s motorcycle business adopted by Texans

TEXAS — A California transplant family is using their electric scooter business to show Texans that not everything from California is bad.

Texans have long been critical of the large number of people moving to the state, especially people from the West Coast.

Their presence sparked a statewide movement to stop Texas from becoming the Golden State; a narrative that has created friction between Texans and California transfers living here.

Troy Fulks believed, when he moved his family to Austin from San Diego, that even the toughest of Texans couldn’t resist hitting the streets on his e-bikes. And so far, he’s been right.

“They’re having the time of their lives,” Fulks says. “Everyone tells us ‘I’ve never had so much fun! I’ve never seen the city like this!’”

At Just Electric Transportation (JET), Fulks takes Texans on an eco-cruise through the streets of Austin. It was an idea that came to the career entrepreneur during a trip to Europe when he and his family saw similar bikes and scooters being used on tours.

“They looked like the coolest things ever,” Fulks says. “We rode them and after a few minutes I fell in love with them.”

Fulks and his family have lived in Austin for 16 years now, but it didn’t take them long to embrace the southern hospitality that makes the state great.

Providing entertainment through Jet Electric as well as services through other businesses he owns in the city helped the family become certified Texans.

“I have no desire to go back to the West Coast,” Fulks said. “Not even for their good taco rolls.”

The motorcycle business moves from Meriden to Plainville

PLAINVILLE – A local trio went from riding dirt bikes in the woods to opening a small motorcycle shop, which has now grown into a full-fledged dealership with hundreds of used bikes filling the old one Parsons Buick Company home on East Street.

“It started with 20 motorcycles in Meriden and we kind of built it to have 250 in stock in a 20,000 square foot building. So we’re very excited about the possibilities of having room to grow.” said Justin Manafort, co-owner of Powerhouse Motorsports, formerly located on South Broad Street (Route 5) in Meriden.

Manafort would like the store to become a ‘used motorcycle superstore’ – a place where newcomers to the sport can get started and experienced riders can trade in a bike to try out a new one.

“If you were looking for a specific type of motorcycle… we would have all the different makes, Honda, Kawasaki, Yamaha, so you can compare them,†he said.

Motorsports opened at 55 S. Broad St. in Meriden around 2014. Manafort opened with longtime partners and buddies Marc Buck and Erik MacLaren. With business resumption and lack of space, they moved to a vacant Buick dealership at 151 East Street late last year.

State Representative William Petit Jr., who presented Manafort with a General Assembly proclamation in a recent ribbon cutting, praised the partners for bringing the closed concession back to life.

“It’s such a wonderful addition,†said Petit. “… It’s great to have a new business in this space.

Browsing through the rows of motorcycles on the reserve, Buck said customers can get a feel for the motorcycle they’re looking for.

“You might have done a lot of research on a motorcycle, but when you come in and see a lot of others in the same style, it allows you to really dial in what you like,†he said. .

Motorsport is not Manafort’s first foray into the motorcycle industry. In the mid-90s, he opened Performance Cycle Engineering, a store focused on building custom motorcycles and service bikes. He left the company after a few years to devote himself to the family business Manafort Brothers Inc.

“We have always ridden motorcycles so we have always had a passion for the industry and just being able to come back to buying, selling and working on bikes was exciting,†he said. .

[email protected]203-317-2317

Twitter: @leith_yessian

BMW names Hill Holliday Creative AOR for motorcycle industry

BMW assigned its creative US Motorrad account to Hill Holliday.

The IPG store will compete for the social and digital position of the automotive brand as its creative AOR for the motorcycle industry in America.

The account is said to be worth around $ 1 million in agency fees, according to people with knowledge of the matter.

MC Saatchi was the incumbent.

Roth consulting firm Ryan Hayes led the pitch, which began in August.

Other agencies vying for the company include Colle McVoy, The Via Agency and Pereira O’Dell, who currently runs BMW’s Mini business.

This follows a turbulent start to the year for Hill Holliday, who reportedly cut 2% of its staff in Boston and New York City following the loss of the AOR from Planet Fitness. The business landed in Barkley.

BMW, a motorcycle market leader in most parts of the world except the United States, seeks to overtake the American Harley Davidson icon.

Total sales of motorcycles in the United States fell 3% in 2018, according to McD. Harley Davidson reportedly suffered a unit loss of more than 10 percent last year.

Figures of Statistical suggest that some 472,000 bikes were purchased across America in 2017, up from around one million in 2007.

The most popular motorcycle states in the United States are Florida, Ohio, Pennsylvania, and New York.

Globally, BMW Motorrad sold more motorcycles and maxi scooters in 2018 than ever before, moving a total of 165,566 vehicles.

The large European markets and the United States have largely contributed to its success. France moved 16,615 units, Italy sold 14,110 units, Spain ticked 11,124 units and the United States sold 13,842 units.

Earlier this month, BMW unveiled its Motorrad Heritage Collection 2020 which features new clothing such as leather jackets and boots.

Hill Holliday and Roth spokesperson Ryan Hayes referred the comment to BMW. MC Saatchi and BMW have yet to respond to a request for comment.

Exclusive! Cleveland Cyclewerks Closes Motorcycle Business in India

Cleveland Motorcycles hit the Indian full-gun market at Auto Expo 2018. The company’s motorcycles, the Ace and Misfit, looked like a mix of neo-retro jammers and cafe racers. Nevertheless, the prices of the motorcycles were also announced and the company also started to create dealerships. They had a 16,000 square foot assembly center in Pune. However, things took a turn for the worse once ABS standards came into effect. We bring you all the details.

About Cleveland Cyclewerks and their operations

Cleveland Cyclewerks is known for its customizable motorcycles. The company does not have a rich history as it was only founded in 2009 by a group of friends. The foundation was simple. Use low cost facilities in China and Taiwan, borrow chassis from other motorcycle manufacturers, and primarily use Honda engines. It worked for Cleveland as most of the local branches import the motorcycles and then sell them. In India, however, Cleveland has partnered with Laish-Madison Motorwerks Private Limited. The latter has a good experience, it seems, with two-wheelers. In India, the motorcycles arrived as CKD kits. This was the first time Cleveland Cyclewerks (CCW) had performed CKDs. There was only a five percent localization and that was through the tires, wiring, etc. Laish-Madison’s Pranav Desai was the CEO of Cleveland Cyclewerks India.

Launch process

Cleveland, as we discussed earlier, launched its products at Auto Expo 2018. This gave them leeway against new mandatory safety regulations. The standards dictated that a new motorcycle with a displacement of more than 125 cc, after April 2019, should have ABS. Cleveland at that time said they had ABS products in the pipeline and the Ace as well as the Misfit would gain that technology. The lack of ABS, Cleveland said, has allowed the automaker to price the motorcycles competitively. At Rs 2.23 lakh, a single cylinder motorcycle from an unknown manufacturer was doomed from the start. In addition, the 229 cc engine was air-cooled and produced a meager power of 15.4 hp and 16 Nm. Namely, the Yamaha R15 with a 150 cc core produced more power, offered more electronics and was much cheaper.

CCW started with a dealership in Mumbai. This dealer was in Vashi. CCW intended to open 100 concessions by the end of 2018, with the initial plan being four.

What is happening now?

Currently there are no operational CCW dealers in India. An informed source says reservations were meager, the bikes were of poor quality and were never updated with ABS. This means that they could not be sold once the safety standards come into effect. The Pune plant was also barely functional and the source says it was more of a bare base unit. The factory closed its doors almost eight months ago. Our source confirmed that many employees were also asked to leave without notice. We tried to contact Cleveland India to find out more about this, but received no response.

And after?

Although there is no official announcement, the Indian website of CCW is now gone. Even the global website has an “Invest†banner at the top and it takes you to another page that will provide details. It appears that CCW, as the source also confirmed, is no longer operational in India. If you brought one of the motorcycles from CCW, we don’t know how things will turn out for you in terms of service.

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