Audi CEO abandons plan to sell Ducati motorcycle brand

INGOLSTADT, Germany (Reuters) – German Audi NSUG.DE has abandoned plans to sell its Italian motorcycle brand Ducati, chief executive Rupert Stadler said, in a sign of confidence the automaker expects to be able to bear the costs of its transformation.

The logo of the Italian motorcycle manufacturer Ducati can be seen in Dietlikon, Switzerland on October 11, 2016. REUTERS / Arnd Wiegmann

Steps to cut costs by 10 billion euros ($ 11.8 billion), cut red tape and deepen ties with other Volkswagen owners VOWG_p.DE The Porsche brand “is gradually increasing our financial and organizational leeway for strategic realignment,” Managing Director Rupert Stadler told reporters.

So there is no economic need to sell Ducati, Stadler said. Volkswagen asked banks to assess options for Ducati and transmission maker Renk earlier this year as it seeks to become more nimble in its transition to electric and self-driving cars following its fraud scandal on vehicles. diesel emissions.

“I can assure you that Ducati belongs to the Audi family,†said Stadler. “Ducati is the perfect implementation of our premium philosophy in the motorcycle world. “

Plans were already at a standstill over the summer when VW’s powerful unions, backed by controlling Porsche-Piech families, objected to the logic and the need to sell assets given financial resilience. of the group.

Investors and potential buyers of Ducati, however, expect VW to change its mind again and possibly go for the sale of the asset that they believe is of least strategic importance to VW.

“For Volkswagen’s powerful works council, this could be an easy bargaining chip that they could come up with to push through something completely different,” said a person familiar with the matter.

Investors have long favored divestitures to simplify the structure of the VW group and strengthen the ability of its management to push through structural changes against the will of the unions.

Audi, which owns Ducati and Italian supercar maker Lamborghini, reported higher operating profit and revenue for the first nine months last month, helped by growing automotive demand in higher-margin markets. Western Europe and the United States.

While pushing the costly shift to zero-emission and autonomous technologies, clinging to the profitable Ducati division and the lucrative Lamborghini brand has become more important, Stadler said.

“Caring for a high-end bouquet is as difficult as the job of a gardener,†Stadler said. “Therefore, I am satisfied with every new flower, every promising new branch,” he added, predicting that Lamborghini sales would double on the back of its new sport utility vehicle.

Separately, Stadler said Audi will spend nearly half a billion euros over the next eight years to train staff for the digital age, with stages of development and hiring of experts such as automotive application designers and automotive robotics specialists.

To keep costs under control, Audi wants to keep its workforce stable, at least over the next 2-3 years, even though it plans to have more than 20 electrified vehicles on the market by 2025 and is embarking on the services of digitalized mobility, said the CEO.

With two-thirds of Audi’s sixty or so models by 2025 still expected to be combustion-engine cars, tighter carbon dioxide (CO2) rules will pose the “biggest risk” in the years to come. coming, he said, adding that Audi would face 1 billion euros. fines if the average CO2 emissions of its fleet exceed EU limits by no more than eleven grams per kilometer.

Audi overhauled its whistleblower system to make it easier for national and international staff to report illegal behavior and set up a permanent investigation office.

Audi plans early next year to disband a task force set up to monitor patches for 850,000 diesel-powered cars that the automaker said needed updates with engine control software in July. emissions to avoid potential driving bans.

“This is a sign that we can slowly move from crisis mode to standard operation,” Stadler said, predicting that the checks should be completed by the end of the first quarter.

Additional reporting by Arno Schuetze; edited by Alexander Smith

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Magnum Molis de Batam launches an electric motorcycle – business

Auto retailer PT Magnum Molis Indonesia on Thursday launched seven types of electric motorcycles in Batam, Riau Islands.

Completely Disassembled Vehicles (CKDs), which have passed Ministry of Transport standards, are fully assembled in Batam, with 60% of the motorcycle’s components sourced from China and the rest produced domestically.

Magnum Molis Indonesia chief executive officer Cahya said the company has invested 50 billion rupees ($ 3.6 million) for the project and that the 200 vehicles it produced as a target for 2017 is were sold within two months of the market trial.

“We believe that the electric motorcycle has a great potential market,†Cahya said, adding that in Batam, driving electric motorcycles costs less than gasoline motorcycles.

He explained that gasoline was expensive in Riau and a motorcycle owner had to spend around Rp 400,000 ($ 29.5) per month on fuel. During this time, the owner of an electric motorcycle would only need to spend around Rp 40,000 (S2.95) per month to recharge the battery.

Magnum Molis’ electric motorcycle battery needed around six hours to be fully charged, on which it could travel around 80 kilometers at a speed of 60 kilometers per hour, he added.

The company has an assembly plant with a capacity of 1,000 units per month, Cahya said, adding that several people have submitted proposals to become resellers.

Separately, the president of the Batam Free Zone, Luki Dinarsyah Tuwo, advised the company to sell its electric motorcycles in markets outside the island, promising to facilitate all the necessary documents. (bbn)

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Yamaha presents the electric motorcycle – Business

Motorcycle manufacturer PT Yamaha Indonesia (YIMM) presented its electric motorcycle on Wednesday.

YIMM Chief Executive Officer Minoru Morimoto explained that his company has a long history of developing the electric motorcycle, saying it introduced its electric motorcycle, the Yamaha Passol, in 2002.

“We presented [the motorcycle] in the Indonesian market, â€Minoru said in Jakarta on Wednesday, as reported by kontan.co.id.

Read also: PLN NTB develops general electricity distribution stations for electric vehicles

He said next month Yamaha will cooperate with four institutions, Kebun Raya Bogor, Pelita Harapan University (UPH), PT Mitsubishi Motors Krama Yudha Sales Indonesia (MMKSI) and The Breeze BSD, to conduct a market test for vehicles.

Meanwhile, YIMM Senior Vice President Dionisius Betty explained that the product would not be released to the market during the trial. “It is not difficult to produce and market electric motorcycles. But first we will pay close attention to its security features, â€Dionisius said.

The company would pay particular attention to the ability of vehicles to cope with flooding, the quieter noise produced by electric vehicles that can increase the risk of traffic accidents, and the handling of waste lithium batteries.

“Waste lithium batteries are dangerous if not properly treated,” Dionisius added. (bbn)

honda-gold-wing-2

Dailey Relaunches Honda’s Gold Wing Motorcycle Brand With ‘What Lies Beyond’

Dailey, which has been the go-to agency for Honda Powersports (motorcycles, ATVs, etc.) since 1979, launched a campaign for Honda’s Gold Wing motorcycle brand, relaunching the brand to celebrate its first major overhaul in 17 years.

A 90-second anthem ad titled “What Lies Beyond” features the new tagline, which also functions as an answer to the question of why bikers hit the road in the first place. Set to a generic millennial folk soundtrack, the voiceover celebrates exploring “what lies beyond” as the reason to set off on a three-day weekend trip and explore unknown roads leading to unknown dive bars.
https://www.youtube.com/watch?v=9H8GNPYbGTw
Another spot, “Beyond the Screen,” sees a couple ditch their phones to connect with friends in person. A third ad celebrates the brand’s history, from 1975 to the present day, while the product-focused “Beyond the Gold Wing” highlights the redesign’s technological innovations. A fifth place finish will follow next month. All spots are hosted on the campaign microsite.

“The big challenge for us was to create a bike and a campaign that appealed to our existing customer base while attracting a customer new to touring,” said Honda Powersports Marketing Director. Lee Edmunds said in a statement. “We think Dailey has really hit the mark with the ‘Beyond’ campaign with both customer-pleasing videos and a sense of exploration that everyone will enjoy.”
https://www.youtube.com/watch?v=H0pOrwgoUoM
https://www.youtube.com/watch?v=jJbI56VL2Ck
https://www.youtube.com/watch?v=rk-a92SAGxk
Credits:American Honda Motor Co., Inc.Senior Manager, Marketing – Michael SnyderManager, Publicity and Press – Lee EdmundsManager, Experiential Marketing – Keith DowdleAssistant Director, Publicity – Sean McFillinAssociate Director, Experiential Marketing – Peter Runsten

Advertising Specialist – Ben Hoang

DailyECD – Marcus WessonCD/Writer – Michael MillerArtistic Director/CD – Mark RouseCD/Digital – Manaf Al-NaqeebACD/writer – Mark LindemannCDA/Art Director – Jin KimAccount Manager – Steve MitchellAccount Manager / Digital – Trisha FerreiraAccount Supervisor – Denise PeltonExecutive Producer – Autumn ChildressDigital Production Manager – Don LupoExecutive Digital Producer – Christine RheeDigital Producer – Laura LeeProject Manager – Jessica UribeStudio Artist – Steven MitchellChief Technology Officer – Mitchell Malpartida

Director of Commercial Affairs – Judi Chandler

Production company – Derby ContentDirector – Roberto SerriniProduction Company Producer(s) – Mary Crosse & Eli AshCanadian Production Company – Pink BuffaloCanada Production Company Producer(s) – Shawn Angelski & Martin FisherProduction Design – Scott MoultonDirector of Photography – Chris Wiseman

Photography – Blake Jorgenson & Bruce Benedict

Editorial Company – Derby ContentEditorial Company Producer(s) – Olivia Johansson; Linzy Anderson; Mary Crosse

Editor(s) – Roberto Serrini

Music company – NoiselabMusic Producer – Pinky TurzoPost Production Company – The Mill-NYCEngineering – Sound Lounge NYCAudio – Sound Lounge NYC

CG – Thomas J Wilson

2017-stafford-bonhams-motorcycle-sale-recap-4-2

$ 3.6 million sold, led by 1914 Henderson

1914 Henderson

2017 Bonhams Stafford Motorcycle Auction

Over $ 3.6 million worth of motorcycles – vintage and classic – were sold at Bonhams’ second Stafford Motorcycle Sale of the year, which took place on October 15.

The flagship model at the show was a 1914 Henderson 1068cc Model C Four, which sold for just over $ 149,000.

1914 Henderson 1068cc Model C Four

The other big moment that helped the Bonhams Stafford Motorcycle Show achieve a 95% sale rate was the collection of Speedway legend Ivan “Millennium Man” Mauger, which achieved a 100% sale rate. , including the 1969 Jawa Model 890 Speedway racing bike which sold for over $ 24,000.

All 48 Mauger collection lots have sold out, ranging from world championship winning Speedway racing machines to stand boards and racing leathers.

Bidders from around the world have competed over the phone, online and in the hall to own a piece of motorcycling history, and the collection has reached over $ 180.00, a portion of which will be generously donated by the Mauger family. at Speedway Riders Benevolent Fonds.

1969 Jawa Model 890 Speedway racing motorcycle

Highlights of the Mauger collection included the 1977 Jawa DOHC four-valve racing motorcycle, winner of the 1977 Speedway World Championship Final ($ 22,000) and the 1971 Long Track World Final, the Racing Motorcycle 1971 Jawa Long Track ($ 12,000).

Some of the older machines on sale were the top performers, with the exceptionally original Henderson 1914, a 1911 Pierce 688cc Four ($ 142,000) and a 1912 Pierce 644cc Model 12 Single, which had been in one family ever since. 101 years old, reaching ($ 118,000).

Ex-Jorge Lorenzo 2007 Aprilia 250cc RSW

Modern machines have performed just as well, with the 2007 World Championship winner Jorge Lorenzo factory motorcycle Aprilia 250cc RSW Grand Prix Racing Motorcycle selling for $ 133,000 to a bidder over the phone.

Other expected prices were also sold for more than double their expected price, including a made 1932 Brough Superior 981cc SS80 De Luxe ($ 141,000) and a 1972 MV Agusta 750S ($ 110,000).

1914 Henderson

James Sttensel, UK Department Head, said: “Sellers from all over the world continue to flow to Stafford, which remains the international hub for the sale of the world’s most important vintage motorcycles.

“Bonhams is the auction house of choice for large sole proprietorship collections, and no less than four were included in the auction, all of which performed well. This sale illustrates Bonhams’ continued dominance in the market, with the industry’s highest percentage rate achieved both by lot and by value. “

Ben Walker, Global Head of Motorcycle Department, added: “After the great success of the weekend sale, we are already looking forward to our next auction in Las Vegas in January. A highlight of the sale will be ex-Tony McAlpine, Jack Ehret, Australian ground speed recorder, 4 owners of the new, 1951 Vincent 998cc Black Lightning, and further entries are currently invited.

Consignments are now invited for the Las Vegas sale, which will take place at the Rio Hotel & Casino, Las Vegas, on January 25.

To discuss the sale of your important motorcycle, please complete a free auction evaluation form.

screenshot2017-10-11at2-39-17pm-4

Here’s your chance to buy an entire motorcycle brand

Starting a new business is tough, especially when it comes to vehicles. In addition to establishing a brand, you need to design a chassis, powertrain and more, all before you sell anything. But if you’re looking to start building motorcycles, Mecum Auctions offers a possible shortcut to get started, as the auction house sells the Excelsior-Henderson brand of motorcycles.

In case you are unfamiliar with the business, Excelsior-Henderson dates back to the early 1900s and was operated by the Schwinns of past and present fame. According to Mecum, the company remained in business until the Great Depression, when it closed the motorcycle line in 1931. While in operation, the company built a wide range of motorcycles in four-cylinder and twin-cylinder configurations in V, and built a few racing bikes, some of which had engines close to 1000 cc in displacement.

The company’s closure in 1931 was not the end. A man named Dan Hanlon started working at a motorcycle company that would build bikes with stock frames and drivetrains in 1993. According to his company’s website, he started the company as of Hanlon Manufacturing before renaming the defunct Excelsior-Henderson company in 1996. The company’s first and only motorcycle, the Super X, named after and inspired by an old Excelsior-Henderson bicycle, was revealed in 1996 at Sturgis and went into production in 1998. You can see one of the company’s employees doing a burnout on one in the video above. According to Mecum, the company built just under 2,000 before closing in 1999.

Now, as to how this is a potential shortcut for budding motorcycle industrialists, buying the Excelsior-Henderson brand comes with every bit of the company’s intellectual property. This includes various marketing elements such as logos, branding and websites, but it also includes complete chassis and engine designs used by the company, as well as expired patents. All of these things would be a boon for a new motorcycle company, as it would provide a bit of a starting point, rather than starting completely from scratch. The brand and its associated intellectual property are up for sale at the Mecum Las Vegas Motorcycle Auction which runs from January 23, 2018 through January 27, 2018.

Related video:

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The booming motorcycle rental business in southern Punjab

MULTAN:

With the growing need for transportation among the masses, the motorcycle rental business is becoming popular, especially in the rural areas of southern Punjab.

A number of people have established motorcycle rental shops in almost every town and village in the region, while some citizens run this part-time.

Atlas Honda launches new motorcycle for Rs160,000

Khawaja Zafar, owner of a motorcycle rental shop in Multan, said he has been running the business for 12 years. He added that Rs25 per hour are charged to citizens, who rent a motorbike.

He said: “It’s a good deal and I am making a handsome amount of money.” He advised that the rental fee for the 125cc motorcycles is double the rent for the 70cc two-wheelers.

Regarding people’s needs for motorcycles, Zafar maintained that the use of bicycles was almost over and that a good number of people were taking advantage of the possibility of renting bicycles.

To a question, he said he provides motorcycles to citizens after checking their ID cards with the guarantee of anyone known on the spot.

Allah Dittah, a farmer and resident of Vehari, said he owns a motorbike which he uses for his household needs, but it also serves as a source of income.

Peshawar to get motorcycle, rickshaw service

He added: “I take people from the village of Pipli to the bus stop or vice versa. I earn an average of Rs300 to Rs400 on a daily basis.

He pointed out that he was also renting a motorbike from other villagers.

Muhammad Khalid, another villager, said he had eight family members. “We have two motorcycles for household use but sometimes we have to rent a motorcycle in an emergency.” He also called the rental of motorcycles a good facility for the poor.

Posted in The Express Tribune, October 9e, 2017.

Motorcycle company seeks full throttle in the United States

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Ayala relaunches its motorcycle activity

MANILA, Philippines – Ayala Corp., through its AC Industrial Technology Holdings Inc., is relaunching its KTM motorcycle business amid the positive market reception.

Ayala partnered with Austrian company KTM AG in 2016 to manufacture units for KTM motorcycles, an initiative that takes the conglomerate a leap forward in its goal of making the Philippines a major manufacturing center in Asia.

In a briefing Friday, AC Industrial CFO Felipe Estrella III said the company would expand the number of dealers to around 50 next year, from 22 currently. Of the 50, 10 would be full dealers and 18 would be sales offices.

The company will also start exporting to China this year. “We are looking to export 10,000 units,†Estrella said.

The conglomerate began manufacturing units of KTM motorcycles at its manufacturing facility in Biñan, Laguna with an initial run of 6,000 units. The factory started manufacturing the KTM Duke 200 and RC 200 models, which are KTM’s entry-level motorcycles.

Estrella said there has been a positive reception from motorcycle enthusiasts and other bikers.

The conglomerate ultimately hopes to grow to reach the plant’s full capacity of 20,000 units per year and export around 70% of production not only to China but also to neighboring ASEAN markets.

KTM AG is currently the fourth largest motorcycle producer in the world and the largest in Europe, with an annual production volume of 180,000 units.

Officials said auto manufacturing is a business that translates into more jobs, which can help achieve inclusive growth.

The automotive activities of the Ayala group are the responsibility of AC Industrial.

These include the 13% stake in Honda Cars, 15% in Isuzu Philippines Corp. (IPC) and wholly owned interests in Automobile Central Enterprise Inc. (Volkswagen’s official Philippine importer and distributor) and Adventure Cycle Philippines Inc. (KTM’s official motorcycle distributor).

Ayala Corp. posted 9% growth in first half net profit to 15.1 billion pesos, driven by strong contributions from its real estate and power generation businesses.

In the second quarter alone, Ayala posted a net profit of 8.1 billion pesos, up 2% from its level a year ago.

Ayala President and Chief Operating Officer Fernando Zobel de Ayala said the company was satisfied with the strong overall performance of its business.

The active portfolio management, new business initiatives and financial discipline that we have employed in recent years, supported by a healthy national economy, continue to support Ayala’s growth trajectory, he said.

TPS: Indian Motorcycle Price Post GST in India

oi-Sukesh

The Indian government has introduced the Goods and Services Tax (GST) in India since July 1, 2017. The new tax regime has led to a review of the prices of cars and bicycles.

Indian Motorcycle has also revised the prices of its three models in the Indian market. Indian Scout, Indian Dark Horse and Indian Chief Classic get a price reduction after GST. The Indian Chief Classic receives the maximum price reduction of Rs 2.21 lakh.

Ex-Showroom Award (India)

Model

Pre-TPS

Post-TPS

Price difference

Indian scout

Rs 14.75 Lakh

Rs 12.99 Lakh

Rs 1.76 lakh

Indian black horse

Rs 23.4 Lakh

Rs 21.25 Lakh

Rs 2.15 Lakh

Classic Indian Chef

Rs 24.2 Lakh

Rs 21.99 Lakh

Rs 2.21 Lakh

Under the new GST tax system, automobiles are classified as luxury goods, which are subject to a 28% tax rate. Motorcycles with a cylinder capacity greater than 350 cc are subject to an additional tax.

But high-end bikes have benefited from the GST, as the tax rate has fallen compared to the old tax policy. Thus, Indian Motorcycle has decided to share it with customers.

DriveSpark thinks!

The new GST tax regime has made high-end bikes and luxury cars cheaper in India. Because the old tax rates were higher than the new GST tax slab, several automakers passed the benefits on to customers.

Read also:

KTM 390 Duke prices increase after GST

Royal Enfield Bullet, Classic and Thunderbird Awards after TPS

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Article published on: Friday July 7th, 2017, 7:06 PM [IST]