Wednesday, 4 July 2018

News Briefs

ODI Grips of Riverside, CA, has announced a new product distribution agreement with Technical Touch BvbA (Belgium) to serve as the exclusive ODI Powersports distribution warehouse for Belgium, the Netherlands and Luxemburg and as an ODI European fulfilment center for the ODI range for all its European distributors and resellers, and to implement new B2B & B2C E-Commerce platforms to support these trans-European sales to premium dealers throughout the EU. 

BDN reports that Norton has started taking orders in India for its Commando 961. It will be the first Norton product to enter the market there since the manufacturer entered into a joint venture last year with the Kinetic Group, a project development and business advisory firm based in New York. The machines will be distributed by Kinetic Group-owned Motoroyale, which already retails MV.

The German government has extended its “Moped at 15” trial project in five East German federal states by an additional two years (to 2010) as it researches the impacts of reducing the age limit for such licenses from 16 to 15 years of age. The trial has been running since 2013.

Although the number of overall road deaths in Germany fell in 2017 (-0.9 percent, 3,206), motorcyclist deaths rose by +8.6 percent over 2016 (689).

Brake manufacturer Brembo saw revenues grow by +8.1 percent in 2017 to € 2,463.6m, with EBITDA up by +8.2% and net profit by +9.5%.

B&B reports that the German Institute for Service Quality has examined 1,145 brands and companies from 53 industries for consumer satisfaction levels, and Harley-Davidson was the winner in the Mobility category – ahead of the likes of BMW and Yamaha.