Italian new motorcycle registrations

Italy - new motorcycle registrations +7.10 percent for first six months of 2017

According to the latest data released by ANCMA (the Milan based motorcycle industry trade association for Italy), the Italian motorcycle market is bucking the trend seen in much of Europe, with new motorcycle registrations up by +26.31 in June (at 10,813), and +12.32 percent in May (at 11,214 units), having been approximately flat for April 2017 at +0.13 percent (9,928 units). They are running at +7.10 percent for the year-to-date at 53,016 units (compared to 49,501 units for the same period in 2016).

Allowing for mopeds and low cc scooters, overall PTW registrations in Italy were +25.64 percent in June (29,116 units) and are running at +7.05 percent for the year-to-date at 124,789 units for the first six months of 2017.
Scooter sales in Italy are +7.02 percent for the period January to June inclusive, at 71.773 units; Honda’s SH 150/300/125 variants are the top-sellers (18,218 units YTD between them); followed by Piaggio’s Beverly 300 ABS (4,548 units), the Yamaha TMAX 500 (2,929 units) and the Xmax 300 (2,822 units).
The top selling motorcycles in Italy so far in 2017 are BMW’s R 1200 GS (2,595 units); Honda’s CRF 1000 ‘Africa Twin’ (2,055 units); and Honda’s NC 750 X (1,664 units). Yamaha’s ‘Tracer’ 900 is the best-selling Touring model (1,587 units), and the Ducati Scrambler 800 is the best-selling Naked style motorcycle (1,546 units).
In sector growth terms, the Touring bike market is seeing the strongest growth (+17.73 percent YTD at 7,829 units), and the Naked style bike market in Italy remains the largest sector by style, and is +13.73 percent YTD at 19,824 units for the first six months of 2017.
Enduro models, the second largest sector in Italy by style, are +1.73 percent for the YTD at 16,633 units.
For 2016 motorcycle registrations in Italy were +21.49 percent at 75,936 units, a third straight year of growth; total PTW registrations were +13.26 percent for the full year at 193,814 units – also a third straight year of growth (the Italian market having fallen to a low of 153,933 total PTW registrations in 2013). Scooter registrations were +117.88 percent for 2016 at 117,814 units.

KTM

KTM expands R&D footprint into Germany

KTM has opened a new R&D Centre at Rosenheim in Germany (near the Austrian border, south east of Munich). 

The focus will be on the development and evolution of motorcycle electronics – “from ideas to preliminary development, prototype design, and the implementation of new processes right through to innovative concepts”, including systems that facilitate digital connectivity between the rider and motorcycle, and, following on from that, interconnected vehicles for long-term accident prevention ("Connected Motorcycles").
"As a premium manufacturer in the motorcycle segment, we place particular emphasis on the area of research & development. New products and the constant implementation of technical innovations enable us to meet the high expectations of our customers and open up new markets on a long-term basis," says Philipp Habsburg, head of the KTM Research & Development department.
"In 2016, KTM AG invested around 110 million euros in model development and the infrastructure of the Mattighofen and Munderfing sites and thus further strengthened and expanded the Austrian location. With the opening of the new KTM R&D Center in Rosenheim, we are continuing this trend in Germany."
The new KTM R&D Centre covers an area of 438 m2 and can accommodate up to 30 employees. It is part of the KTM R&D department in Mattighofen and also reports to the Austrian site, where an average of 487 members of staff are employed in the R&D department.

LeoVince

‘Classic Racer’ for Bonneville and Thruxton

Italian exhaust specialist LeoVince has developed a new line of exhaust systems for the 2016-2017 Triumph Bonneville T100 and Triumph Thruxtons – their ‘Classic Racer’ line.

Designed to meet the design and performance needs of the “modern urban racer style, ‘Classic Racer’ is a tribute to the Cafe culture, with its trumpet shaped retro style, that, combined with LeoVince’s innovative materials and experience, gives a unique retro look and unmistakable sound.”

Made entirely in AISI 304 stainless steel, “for long lasting good looks durability”, the new end cap has a brushed finish and gives a classic Cafe touch – “a distinguishing hallmark of our ‘Classic Racer’ look - all this is embellished with an embossed LeoVince logo.”
LeoVince say that their new ‘Classic Racer’ is ECE approved and easy to install, “the perfect way to add vintage charm and sound without giving up the renowned LeoVince quality and current EU regulation compliance.”

LEOVINCE
www.leovince.com

Harley-Davidson

More lay-offs loom at Harley as Q2 sales plummet in U.S.A.

The shocking headline news is that Harley-Davidson’s second quarter domestic U.S. sales were down a massive -9.3 percent compared to the second quarter of 2016, a result that is way worse than the one they were expecting, in a peak selling season where total domestic U.S. new motorcycle sales were down by around 7 percent for the quarter.
This puts Harley’s domestic sales down by - 7.9 percent for the first half of the year and leaves their domestic market share in the 601+cc category at 48.5 percent for the second quarter (compared to 49.5 percent for Q2 in 2016) and at 49.6 percent for the first half year 2017. The company is citing “weak industry sales and soft used bike process” as among the Q2 impactors.

Harley CEO Matt Levatich: "Our biggest opportunities for growth are outside the United States”

The company says that dealer inventory is down by approximately 7,200 motorcycles year on year and that it will further cut production with its revised unit shipments now forecast at between 241,000 and 246,000 for the full year 2017, 39,000 to 44,000 of them in Q3 – down by between 10 and 20 percent from Q3 2017. Total second quarter shipments were 81,807 units (down by -7.2 percent on Q2 2016 and are 152,638 for the half year (down by -10.8 percent of the first half of 2016).
Originally the company had forecast that 2017 would be “flat to modestly down for them,” but they are now having to accept that the “new normal” CEO Matt Levatich referenced in February means “down double digits” for the year, with massive restructuring of channel inventory levels not just a first quarter fix, as originally suggested.
The cut in production will result in further lay-offs, likely of hourly paid staff, as the company continues to “aggressively manage our cost structure,” Levatich said, in acknowledging the “unexpected magnitude of the industry softening in the second quarter.”
Managing supply, further reducing costs, and continuing pursuit of their previously announced 10-year strategies, not least the training of 2 million new riders and introduction of 100 new models, are the three pillars of recovery that the Harley ranch is bet on at this time – with much now hinging on market reaction to the new 2018 model year introductions.
No surprise then that, contrary to widespread speculation, it would appear that Harley has decided not to bid for Ducati after all.
CFO John Ollin and CEO Matt Levatich both acknowledged that “our biggest opportunities for growth is outside the United States,” and both have reaffirmed their stated objective of seeing at least 50 percent of sales being made internationally within 10 years.
Harley recently announced a plan to build an assembly plant in Thailand to service the ASEAN region – believed to be a direct response to U.S. withdrawal from the Trans Pacific Partnership (TPP) free trade deal that would have seen tariff barriers reduced; a withdrawal that Levatich is on record as saying “would have helped us a lot.”
Harley’s total worldwide motorcycle retail sales were 81,388 in the second quarter, down by -6.7 percent, with worldwide sales -5.7 percent YTD. Of that 31,720 units were international sales, which is down by -2.3 percent for the second quarter, and are -2.1 percent for the YTD.
Their Europe, Middle East and Africa region was the best performing of their export markets, with sales down by only 1.6 percent for the second quarter and -2.1 percent YTD; their European 601+cc market share was up by 0.2 percent for the second quarter at 10.3 percent, but remains -0.9 percent for the YTD at 9.4 percent.
Harley added 13 more dealers internationally during the second quarter, and has reconfirmed its intention to grow its international dealer network by between 150 and 200 new outlets between 2016 and 2020.
Shares in Harley-Davidson tanked by nearly 11 percent within an hour of trading opening on the day the second quarter figures were released (July 18) in the heaviest daily trading seen in more than two years. The share price recovered slightly during the day (from a 12-month low), but were left trading some 25 percent lower than their 12-month high of $62.94 in March.

Japanese made motorcycle exports

Japanese made motorcycle exports to Europe +21.57 percent for first five months of 2017

The latest data released by JAMA (the automotive trade association in Japan, which includes representation of motorcycle manufacturers among its membership) shows exports of 250cc+ Japanese made motorcycles to Europe up by 1.5 percent in May 2017 (12,897 units), having been up by +61.44 percent in April (29,867 units), for an increase of +21.57 percent for the first five months of the year (114,707 units).

For the full year 2016 exports of 250+cc motorcycles to Europe were +18.83 percent at 180,290 units – the best full year performance experienced by the Japanese factories in Europe since the 201,000 exported in 2010, but still a long way south of the 420,000 exported in 2007 and 461,000 in 2000.
Overall Japanese manufactured total PTW exports to Europe were +1.71 percent in May (14,007 units), having been +55.01 percent for April (30,510 units). For the first five months of 2017 they were running at +18.63 percent (118,071 units).
Motorcycle shipments from Japan to the USA were +196.7 percent for May (5,486 units) having been up +14.66 percent in April (6,916 units) and are running at -9.29 percent for the first five months of the year (32,543 units), having been -9.36 percent for the full year 2016 at 72,458; worldwide Japanese made 250+cc motorcycle exports were +27.71 percent for May (24,921 units, and are running at +11.78 percent for the YTD (181,601 units).
Total worldwide Japanese manufactured PTW exports were +25.28 percent in May (32,033 units) and are running at +7.39 percent YTD (217,896 units). For the full year 2016 they were +2.61 percent at 428,619 units – their second lowest in the 21st century, having bottomed out at 417,000 in 2015; they peaked at 1.641m units in 2000.
The increasing number of units being made by the Japanese manufacturers elsewhere in Asia, the US and South/Central America goes some way to explaining the data, though the majority of higher value larger displacement Japanese brand machines, especially those being sold in Europe, are still made in Japan.
Their overseas factories are primarily engaged in making and selling scooters and smaller capacity units in 'emerging' markets (where import tariffs are high) and in making ATV/UTV units - especially in the United States, where demand for such machines is strongest.

Puig

MT-09 Sport & Touring windshields

Noted for the huge investment they have made in aerodynamic testing in recent years, Spanish parts and accessory specialist Puig has added to its new generation of windscreens for naked style bikes with these Sport and Touring options for the 2017 Yamaha MT-09.

Made of 3mm high-impact acrylic and designed exclusively for this bike, Puig design and test these screens at their Barcelona R&D facility, using a virtual wind tunnel simulator, which is said to show aerodynamic and wind protection improvements on some of the current models they have applications for by up to 97% (touring) and 66% (racing) compared to the OEM designs.
Hardware is supplied for a perfect fit and both are available in different colours. Instructions included for an easy and fast fitting process.

MOTOPLASTIC
www.puig.tv

GIVI

Italian design, functionality and diversity

Kawasaki Z1000SX accessories
Demonstrating that Italian accessory specialist GIVI’s range is a natural fit for the sports touring market, the company is offering “an exquisite line of accessories dedicated to Kawasaki’s popular, versatile Z1000 ‘Naked’ style derived four-cylinder Z1000SX – an exclusive kit of products that increases a motorcyclist’s comfort and safety whilst maximising the motorcycle’s storage capacity.”
GIVI’s makeover for the Z1000SX includes a windshield and a range of top cases, saddlebags and tank bags.
Its Monokey/Monolock specific rear rack allows the motorcycle to be equipped with top cases ranging from the reinforced techno-polymer Trekker 52-litre top case to the MAXIA 4 V56 (56 litre), or smaller options such as the 27-liter B27 top case and 30-liter E300N2.

To carry extra luggage on the sides of the Z1000SX, GIVI has developed a specific pannier holder for their V35 Monokey side cases and a holder for the 3D600 Easylock side bags/soft side bags, such as their EA100B.
GIVI says it also has a wide variety of tank bags on offer, in an assortment of different capacities, that can be attached to the fuel tank using their Tanklock system, including the 15-liter thermoformed ST603.
To provide the rider with improved weather protection, GIVI has developed a specific smoked windshield measuring 56 x 37cm (14cm higher than the original) that “provides the motorcycle with a more aggressive, sharp style whilst at the same time generating improved aerodynamics and increased comfort” for 2011-2016 models.

Universal trolley base S410
Further showcasing the diversity of the GIVI offer, seen here is a new idea – their S410 universal trolley base for Monokey top cases. Compatible with all their Monokey top case designs, the 6-point mount S410 is attached to the Monokey structure and acts as a new support, as the lower surface replicates the base of the top case and then attaches to the Monokey plate mounted on a motorcycle or scooter.

It occupies very little space and weighs only 2.3 kg, thanks to its durable, high fibre content nylon construction. It can be adjusted into four different positions and has a lightweight telescopic handle, constructed from soft rubber coated aluminium to provide a strong, comfortable grip. Its bearing- mounted wheels are made of a compound design to provide smooth, fluid movement even on uneven surfaces. The GIVI security lock mechanism can be matched to the top and side cases.

50.5 Tridion helmet
Would you like more GIVI diversity? Then their 50.5 Tridion is a new sport-touring helmet that is described as representing a “new generation full-face helmet for sport-touring use that goes one step further, in an elegant and modern design, offering a perfect balance between safety at the highest level and technical specifications to provide maximum comfort on medium to long distance journeys.”

A versatile GIVI I303S Bluetooth intercom system-ready helmet made in a thermoplastic shell, features include a removable inner lining made from anti-sweat fabric, retractable sun visor, clear anti-scratch visor (which can be replaced by a smoked version), micrometric closure and Pinlock lens option. Its enhanced ventilation system is said to offer excellent performance thanks to three front inlets and a rear exhaust that achieve “optimum air circulation inside the helmet.” It is available in six colours.

Ultima-T range of soft bags
Introduced earlier this year as what GIVI described as “the ultimate “soft” solution”, their Ultima-T range of soft bags for touring and adventure motorcycling “encompasses every possible type of loading need. Seven different products developed with on and off-road tourers in mind, but incorporating shapes and sizes that also make the range ideal for the two-wheel world of scramblers and new classics.” 

This new universal range already includes around forty bags, some of which are completely waterproof, and one can add an additional carrying capacity of between 25 to 80 litres. The GIVI ‘T’ range includes Easy-T, Metro-T, Gravel-T, Sport-T and now the Ultima-T.
Common features of the range include composite build made with ballistic fabric/polymer foam and heavy coated fabric, increased protection against weathering, protective stiffening panels, M.O.L.L.E. fixing system (Modular Lightweight Load-carrying Equipment) for universal mounting, and materials that are compliant with REACH regulations (Registration, Evaluation, Authorisation and Restriction of Chemicals).
The Ultima-T “magnificent seven” includes four waterproof products: a 30-litre dry-roll bag, a 35-litre backpack and two cargo bags with a capacity of 40 and 80 litres respectively; there is also a 55-litre top bag (that can be mounted to the seat), a 25-litre cargo bag and a pair of side bags, each with a 25-litre capacity.

Three new Gravel-T bags 

 
The latest additions to the ‘T’ range are three new Gravel-T bags aimed at “off-road” riders. Said to be ideal for medium loads and particularly suited to lightweight motorcycles such as Enduro and Supermoto, they are easy to mount, ultra-lightweight, 100% waterproof and have a main compartment seamed using high-frequency welding. Constructed from highly resistant specialist textiles (Ballistic Nylon and TPU), they all feature reflective inserts and contrasting bar tacks.

GIVI S.R.L.
www.givi.it

Sifam Group

‘S-Line’ lightweight flip-up with Pinlock system

Based near Nice in southern France, the Sifam Group (founded in 1994 by Pierre Manuel) is one of the largest France based distributors with a wide range of famous name and own brand hard parts available from their 3,900 sq m headquarters warehouse. 
We featured their fast growing own brand ‘S-Line’ apparel range in IDN earlier this year, and seen here is one of the most recent additions to the programme – the ‘S-Line’ S550 flip-up helmet that the company describes as “mechanically and functionally excellent, with many high-end segment features setting a new standard for quality and price.”

Weighing in at 1,550 grams, it is said to be one of the world’s lightest flip front designs, “combining low weight with optimal stability.” There is an internal sun visor, and the “special shaping of the helmet shell and its aerodynamics make it perfectly stable with a perfect acoustic.”

The polycarbonate shell has a double solar screen (Pinlock system included), with frontal intake vents and rear extractors, removable and washable liner, micrometric buckle closure system, air and sound chin protector, removable nose protector and intercom headphone locations.

SIFAM
www.sifam.fr

American International Motorcycle Expo

AIMExpo to feature most OEM exhibitors and over 300 leading aftermarket players

There are just six weeks until opening day of the landmark fifth year of the American International Motorcycle Expo presented by Nationwide (AIMExpo), and the industry’s premier motorcycle and powersports show will welcome a record number of exhibiting original equipment manufacturers (OEMs) in its debut at the Greater Columbus Convention Center in Ohio from September 21-24.
In total 24 OEMs have signed on to take advantage of AIMExpo’s multifaceted, all-in-one platform, setting the stage for the most wide ranging showcase of new vehicles in the event’s young history.

Larry Little, Vice President & General Manager and organizer MIC Events: “Some 41% of powersports dealers and 50% of the US population reside within 500 miles of AIMExpo’s new location in the city of Columbus”

“The move to Columbus puts the show floor in great proximity to the country’s retailers as well as a high concentration of the population of powersports users.
“The extensive street demo-ride offerings at AIMExpo Outdoors! from a record nine different OEMs will give attendees the opportunity to experience the latest products for themselves.”    
Adding to the extensive list of vehicle companies showcasing new and unique products are 47 Moto, American Landmaster, American Lifan, BV Powersports, CFMOTO, Cub Cadet, Doohan, HiSUN, Ice Bear, Jinling International Inc., Tacita, Textron Off-Road and Torrot GasGas. The diverse range of products from this impressive collection of manufacturers will initially be unveiled during the two trade days of the show (September 21 & 22) before being put on display for the general public to view and experience for the very first time throughout the weekend (September 23 & 24).
In addition to what is an unprecedented line-up of new vehicles for a motorcycle and wider powersports industry expo of any kind in North American terms, an impressive assortment of aftermarket companies will also be present on the exhibitor floor to unveil new products that will “complement and personalise the variety of new models on display, from performance and safety enhancements to innovative modes of communication while on the road, in the dirt, or on the water.”
The show floor was nearly 95% sold out already, and any European companies still considering exhibiting at AIMExpo presented by Nationwide are advised to contact the organising team without delay.
Notable European aftermarket vendors confirmed already include Akrapovic, Puig/Motoplastic, Avon Tyres, Andreani Group, Beringer Brakes, Arrow Special Parts, Continental Tire, Polisport (proud winners of a Red Dot Design Award this year), R&G, Ariete, Frenotecnica, Malossi, EBC Brakes, Mitas, HEL, Givi, PROX Racing Parts, Heidenau, Polini, Motorex (who are celebrating their 100th anniversary this year), SW-Motech, NEXX, Ohlins, UFO Plast, Cellular Italia, OptiMate, Wind Trading and Oxford Products.
The appearance of so many OEs is thought certain to deliver a record consumer attendance for an event that is unique in North American motorcycle and powersports industry terms combining, as it does, consumer attendance with two dealer/industry specific days (September 21 & 22) in a first ever use of what is regarded in the United States as very much a European expo formula.
Dealer attendance is also likely to be at record levels too as Columbus is ideally located – as Larry Little, Vice President & General Manager of organiser MIC Events told IDN Magazine when we spoke with him in June, “some 41% of powersports dealers and 50% of the US population reside within 500 miles of the city of Columbus. This central location and ease of access offers all attendees the opportunity to engage with America’s motorcycle and powersports industry like never before.”

German new motorcycle registrations

German new motorcycle registrations -8.40 percent for the first six months of 2017

The latest statistics released by the German motorcycle industry trade association (IVM) for the period to the end of June 2017 may still be showing some evidence of the effects of the rush to pre-register Euro 3 inventory before the December 31st 2016 deadline, but the degree of statistical lag is levelling out. 

In motorcycle registration terms, the market was said to have been down by -9.26 percent compared to June 2016 (12,135 units from 13,373); that said, May saw registrations up by +1.56 percent at 12,847 units (compared to 12,650 in May 2016).
For the year to date, German market motorcycle registrations are put at -8.40 percent (66,939 units for the first six months of 2017; 73,078 in 2016), representing recovery in percentage terms at least from the alarming drop-off reported in the industry numbers at the start of the year.
In total PTW registration terms, June was down by -12.01 percent (17,078 units), with YTD figures at -12.15 percent (87,888 units so far in 2017 compared to 100,047 for the first six months of 2016).
As usual these days, BMW’s R 1200 GS is the top-seller in Germany so far in 2017 (5,799 units sold), with Yamaha’s MT-07 second (2,021 units YTD), the Kawasaki Z 650 third (1,872 units), Honda’s CRF 1000 ‘Africa Twin’ fourth (1,706 units) and BMW’s R nineT variants fifth (1,615 units).
With 10 models in the top 20 selling list, it is again no surprise that BMW is market share leader so far this year in Germany, with 17,737 units sold so far in total for a 20.18 percent market share and 5.23 percent unit gain over the 16,856 units they sold in the first six months of 2016.
Honda is second with 11,455 units sold so far, 13.03 percent market share; Yamaha is third (9,234 units sold for a 10.51 percent share); Kawasaki is fourth (8.78 percent share, 7,716 units sold); KTM is up to fifth with 7,325 units sold (8.33 percent share) and Harley-Davidson is sixth (6.80 percent share/5,975 units).
Though distorted by the rush to pre-register Euro 3 inventory towards the end of the year, 2016 saw new motorcycle registrations in Germany up by +15.01 percent at 117,587 units – the best annual market performance in Germany since before 2008. In total Powered Two-Wheeler terms (PTW), the German market was +14.81 percent for 2016 at 172,846 units – also the best German market performance since before 2008.

News Briefs

Parts Europe parent company LeMans Corporation has announced February 10-11 as dates for its 2018 Spring NVP Product Expo at the Indiana Convention Center, Indianapolis. The event will feature some 300 Parts Unlimited and Drag Specialties exhibitors.

The world’s fastest ever motorcycle, the twin Suzuki Hyabusa engined ‘Top 1 Ack Attack’ streamliner, piloted by Rocky Robinson, is headed for Bolivia's Salar de Uyuni, for the Top of the World Landspeed Trial on August 3-8, 2017. The goal is to exceed 400 mph and breaks the team's own long standing LSR mark of 376.363 mph set in 2010.

Portuguese plastic parts specialist Polisport won a “Best of the Best” design awards at the Red Dot design awards in Germany for its foldable bike stand.

Milan based Tucano Urbano has achieved ISO 9001 certification    as “official recognition of its work on the quality after a thorough audit process carried out by the TÜV NORD Italia certification body”. CEO Diego Sgorbati says “it bears witness to and supports the quality of the company. Having quality certification means being committed to a path that is based on the continuous improvement of the products and processes”.

Irving, Texas, based MAG – the parent company for distributor Tucker Rocky and aftermarket brands such as Vance & Hines, Kuryakyn, Renthal and Performance Machine - has announced February 8 – 10 as dates for its 2018 Dealer and Brand Expo in Texas.

Polish new motorcycle registrations

Polish new motorcycle registrations reported as -21.30 percent for Q1 2017

According to the latest statistics released by the motorcycle industry trade association in Poland (PZPM), the number of new motorcycles registered there in June was down by -36.46 percent (1,995 units) and are running down by -32.20 percent (8,961 units) for the year-to-date. Despite the decline from last year, that was the third best June in Poland in the past 10 years and the third best first six months market performance there.
New moped registrations were down by -8.78 percent in June (3,272 units) and are broadly flat for 2017 so far at +0.71 percent for the YTD (12,590 units). In overall new PTW registration terms, the Polish market was -22.56 percent in June (5,227 units) and is -16.27 percent YTD.

However, new model registrations are only part of the story where the Polish market is concerned. Poland is an important market for pre-owned vehicles from elsewhere in Europe, receiving their first domestic Polish registration – and they provide valuable service, maintenance and PG&A income for Poland’s franchised and independent motorcycle shops and the vendors they buy from.
Used motorcycle sales were -1.82 percent in June (7,223 units) and are -2.01 percent YTD (34.045 units); used moped sales were -17.33 percent in June and are -12.34 percent YTD (4,790 units); total used PTW sales were -4.38 percent in June (8,425 units) but overall, they are running at -3.42 percent YTD (38,835 units).
In total, overall new and used motorcycle registrations combined were -12.04 percent in June (9,178 units) and are -10.37 percent YTD (43,006 units); new and pre-owned mopeds combined in Poland were -11.25 percent in June (4,474 units) and are -3.26 percent YTD (17,380 units).
Total combined new and pre-owned PTW registrations were -11.78 percent in June (13,652 units) and were -8.43 percent (20,493 units) in Poland for the first three months of 2017. The record of total new and used PTW registrations in Poland for a June was in 2011 when some 21,650 new registrations were recorded; 2011 was also the best seen for the first six months of the year (86,561 units).
The full year 2016 saw 25,844 new motorcycles registered in Poland, with estimates of the net of Euro 3 pre-registrations suggesting that the market was down by some 6 percent/2,500 units over 2015. New and used motorcycle registrations combined were up by +1.43 percent for 2016 at 83,298 units. The total number of new and used/first registered PTWs of all kinds, including the pre-registrations of carry-over Euro 3 inventory in Poland, was down by -6.49 percent at 117,309 units for 2016. Poland is the EU’s 9th largest market for new motorcycle registrations and the 7th largest total new PTW market, according to ACEM statistics.

TecMate

Lithium battery technology headed for centre stage

As far back as 2009, battery maintenance and diagnostics specialist TecMate realised that the initial ‘niche’ aftermarket trend of fitting lithium batteries into powersport vehicles was something that had the potential of becoming mainstream.

Straight out of the box, lithium battery technology was delivering up to four times higher cranking amps than the replaced lead-acid battery, and, as Martin Human, CEO/CTO of TecMate, says: “It prompted our engineering team to learn everything they could about lithium batteries, in particular Lithium Iron Phosphate (LiFePO4/LFP). That is the safest and only lithium battery technology used in modern SLI (starter-lighting-ignition) batteries.

TecMate released their OptiMate Lithium 4s 5A (TM290 series) charger at the start of the 2011 season. The major step forward in terms of the available technology for managing lithium batteries at the time was the unique OptiMate Lithium charging algorithm that included 10 steps of safe battery saving, charging, testing and maintenance – at that stage it was, and remains, “way ahead of the competition,” says Martin Human.
Fast forward to 2017, and lithium as OEM recommended battery technology is now a reality; KTM, Husqvarna, Honda and Yamaha have introduced lithium starter batteries in some of their high-performance motorcycles, and all four of these OEMs have preferred OptiMate Lithium chargers as their charging partner of choice. 


 “cost-effective, yet still highly advanced battery saving charger and tester”

Indeed, increasing numbers of customisers and performance engineers are already embracing lithium, and with the OEs gradually allowing the technology to propagate through their ranges, there will come a time when it will only be a short leap for them to start trickling down the technology into their mainstream offers - especially as more of them also embrace the lithium mind-set as an enabler for their e-bike projects and platforms; once that starts happening the unit cost will tumble, the technology will refine and conventional lead acid and AGM tech will be the preserve of the restoration market.
The flagship OptiMate Lithium 4s 5A boasts an advanced SAVE mode that will safely recover a lithium battery discharged below the critical level of 10V, even from as low as 0.5V. The propriety algorithm continuously tests during this critical recovery period, comparing the result against the ideal charge curve of a perfect battery. If the charger detects a deviation, it will immediately stop charging, as continued charging will cause a damaged cell to heat up rapidly and even melt down. 

The charge steps include ‘AmpMatic’ technology that will adjust the charge rate according to battery size and condition, and the ‘OPTIMIZE’ step’s unique cell balancing method guarantees the battery arrives at full charge, ready to deliver the incredible cranking amps that even the smallest lithium battery is capable of.
“The OptiMate Lithium 4s 0.8A (TM470 series) is a cost-effective, yet still highly advanced battery saving charger and tester. The 4-bank version (TM484/485) is ideal for dealers to prepare lithium batteries before fitment. New shipping laws being introduced will require that lithium batteries are shipped at no more than 30% charge, so the batteries should be recharged before fitment. All OptiMate Lithium chargers can reset the BMS in an advanced lithium battery. 

“The OptiMate O-127 smart battery lead gives the rider peace of mind even during riding, with a warning light that will flash rapidly if the vehicle’s charge voltage exceeds the critical level of 14.6V, above which lithium batteries will quickly suffer permanent damage. 

Martin Human, CEO and Chief Technology Officer for TecMate, says: “Lithium Iron Phosphate (LiFePO4/LFP) is the safest and only lithium battery technology used in modern SLI (starter-lighting-ignition) batteries”

“The OptiMate State of Charge tester (TS-126/127) helps dealers and their customers understand that lithium is a special, high energy battery that operates at a higher voltage than lead-acid; the voltage ranges of STD and AGM lead-acid and LiFePO4 batteries are clearly marked.”
OptiMate Lithium products make it easy for dealers and riders to enjoy the benefits of this new technology, and TecMate promises that there are more to come! 

TECMATE
www.tecmate.com
www.optimate1.com

Vertex

Vertex 2017 street pistons

Italian specialist Vertex has enlarged its range of street pistons for 2017 to include the most popular 2017 models.

Developed in the world championship, in collaboration with Team Gresini and several other series, including in Superbike and Supersport, the Vertex street range includes 15 models in replica or high compression versions for Yamaha, Honda, Suzuki, Kawasaki, BMW and Ducati 600 and 1000 cc for track use only.
Provided in kits with segments, pins and mounting rings, these Street pistons feature a minimum limit weight for their category and an increased compression ratio with a “great performance increase without any loss of reliability.”

VERTEX PISTONS/VP ITALY S.r.l.
www.vertexpistons.com

LighTech

Italian made GSXR 1000-R accessories

Italian accessory manufacturer LighTech is offering dealers a make-over kit for the 2017 Suzuki GSXR 1000-R with model-specific (or universal parts) available individually or in any combination.

Model-specific parts available include adjustable rearsets with fixed footpegs, ‘R’ version adjustable rearsets and adjustable rearsets with fold-up footpegs; chain tensioners; clutch and brake levers and components, including ‘Soft Touch’ and folding levers; handlebar weights; mirrors and block-off plates; adjustable licence plate brackets and lights; wheel axle sliders and a range of other protector designs, including protection for the alternator, arm and frame protectors, fuel and oil tank cap options and front and rear mudguards.

With selected designs available in a range of model-match or custom colours, with further options including chain covers, air box tubes, tank cover and electric covers.
Also seen here, LighTech has announced the addition of matt carbon brake and clutch lever guards added to their existing selection of anodised colours.

LIGHTECH S.r.l.
www.lightech.it

Orina

‘Highway’ retro glove

Building on the success of their Classic II leather gloves, German specialist Orina is adding to its ‘retro’ glove offer with these new ‘Highway’ gloves in three colourways - dark brown, gray and camel. 

The premium leather features the popular vintage/worn look that is proving so popular currently. Features include outer seams on the fingers to add to the wearing comfort and authentic look.

ORINA BW GmbH
www.orina.de

EU registrations

Moped and motorcycle registrations in the EU -3.7 % in Q2 2017

The latest data released by ACEM, the Brussels based international motorcycle industry trade association, shows combined registrations of motorcycles and mopeds declared by participating markets in the EU (all PTWs – Powered Two Wheelers) totalling 426,913 units for the second quarter of 2017, representing a decrease of -3.40 percent compared to the same quarter of the previous year.

Italy was the best performing market with 137,483 units for Q1 and Q2 combined (+5.9% compared to 2016). Registrations also went up in France (134,036 units, +4.5%). This contrasts with the situation in other large European markets such as Germany (102,929 units, -12.6%), Spain (76,558 units, -5.3%) and the UK (56,677 units, -14.1%).
In motorcycle terms, registrations of motorcycles in the EU were 327,799 for Q2 2017 (-4.67% compared to 343,840 units in Q2 2016). The Italian motorcycle market is currently the largest in Europe with 124,913 units registered for the first six months of 2017 (+6.6% compared to the same period of the previous year). Motorcycle registrations also increased in France (91,494 units, +2.6%), but decreased in Germany (88,322 units, -12.3%), Spain (67,373 vehicles, -8.1%) and the UK (53,549 units, -13.4%).
Registrations of mopeds in the EU in Q2 increased by +1.05% (99,114 units, up from 98,088 in 2016), led by strong growth in the two largest European markets for the year to date - France (42,542 units, +9%) and the Netherlands (37,032 units, +8.4%). Moped registrations declined in Germany (14,067 units, -14.8%), but remained stable in Poland (12,586 units, +0.5%) and Italy (12,570 units, -0.5%).
Total registrations of electric mopeds, motorcycles and quadricycles reached 13,089 units for the first six months of 2017, an increase of +30.5% compared to the same period in 2016 (10,576 units). A total of 10,204 electric mopeds and 1,995 electric motorcycles were registered in Europe (+78.1% and +23.5% respectively), whilst figures for electric quadricycles went down from 3,232 in Q2 2016 to 1,610 units in Q2 2017 (-50.2%).
www.acem.eu

Comment by Editor, Robin Bradley

United Colours
of Ducati?

Although the Volkswagen Audi Group (VAG – the ultimate owner of Ducati) is still refusing to confirm or deny the rumours that it is looking to exit the motorcycle business, there has been more than enough unofficial discussion, especially involving VAG Trade Union board members, and financial industry “informed sources” commenting and reporting on it for us to be able to assume that the rumours are true.
The old adage about there being no smoke without fire has never been more appropriate. Highly respectable motorcycle manufacturing executives on at least three continents have either explicitly or effectively acknowledged that there is an opportunity in play to acquire Ducati. Personally, I really don’t put much faith in economic analysts or spokespeople for equity investors, investment banks or hedge funds, but, again, enough major players in the financial industry have also been drawn into the speculation to, again, make it highly unlikely that there isn’t action here.
To be fair, the unofficial word coming out of VAG is that their definition of “the right buyer” has more to it than money alone, and that if VAG feels that they are not going to be able to pass stewardship of Ducati on to a “safe pair of hands”, then when it comes to it, they may not sell, and that they are placing a premium on a “good” decision, rather than a “quick” decision. 

‘return to Italian ownership’

Meantime though, the “not invented here” principle that is often such a barrier to valuable corporate memory and consistency, to say nothing of the need to fund emissions scandal fines, point to a new management at VAG (headed up by Matthias Mueller) that regards the acquisition of Ducati in the first place as having been a vanity project. One taken by a now discredited Chairman who was left with no option than to withdraw from the field of battle when it became apparent just how much reputational as well as financial damage the emissions scandal was going to inflict.
Volkswagen and the other businesses in its group had previously been a business that was regarded blue chip and a robust pillar of German business probity, and German business culture prizes that reputation almost above all else, so it would not be a surprise if the present management were in the market to put as much distance between them and the prior management and its decisions as possible.
Of all the channels of speculation that have been actively reporting the progress of the sale, one of the generally most reputable has been the Reuters news agency. Back in June they reported that VAG had appointed Evercore, a New York based “investment boutique” to circulate a sale prospectus and gather in bids by an unspecified date in July.
The latest reports from Reuters suggest that bids have been received (though interestingly not from Harley-Davidson, who had been reported to have appointed Goldman Sachs to act for them in the matter) and that once the more rational candidate bids had been short-listed, the sale would move on to a second stage from which a preferred buyer would be chosen.
The two front runners at this still early stage are reported to be the Italian Benetton family and KTM partner Bajaj Auto of India.
The Benetton family’s investment vehicle Edizione Holding is reported to have tabled an opening bid that values Ducati at around 1 billion euro – which is way below the 1.5 billion euro region that VAG were hoping to realise; that is ambitious though as it would represent a multiplier of more than 10 times the estimated 100 million euro that Ducati is reported to have made for VAG last year, and double the 731 million euro revenue that Ducati reported last year.
While there may be some sentiment to see Ducati return to Italian ownership, probably not enough sentiment to bridge that gap without a substantially improved offer; but first bids are just that, a marker, a statement of interest, and the real horse-trading starts now.
Reuters says its sources are also reporting that other bids have been received, and among them name-check Bajaj Auto, Eicher Motors (owner of Royal Enfield and a utility vehicle joint venture partner with Polaris), Polaris Industries itself, former Formula One owner CVC Capital Partners, Advent, PAI, Investindustrial (former Ducati owner, who sold Ducati to VAG for 860 million euro in 2012) and several others, including Boston, Massachusetts based Bian Capital, owner of a stake in BRP of Ski-Doo and Austrian Rotax engines fame, and the one-time workplace of former U.S. Presidential candidate Mitt Romney.
Of those bids, it is the Indian Bajaj Auto conglomerate’s interest that appears to be creating the most excitement. Rajiv Bajaj is reportedly quoted as saying he is “confident” about his prospects for winning what would be quite a prize for him in the fiercely competitive battle between the Indian transport industry giants.
Indian newspaper reports quote him as saying “we are very close to finalising a very promising alliance… it’s not certain that it will happen, but if it does, it will open up enormous possibilities for the company. That is why we keep our money (cash on books) with us, so, once in a while, when an opportunity comes along, we are ready.” Bajaj is reported to have about $13 billion in free cash stashed away on its books.
BMW, Honda, Suzuki, China’s Loncin and Hero and TVR of India (as well as Harley-Davidson it would appear) are believed to be among those who had expressed initial interest of some kind or another, but who ultimately declined to pursue it on the grounds that the price VAG is seeking is just too high to represent a viable investment at this time.

Spanish motorcycle registrations

Spain – motorcycle registrations -7.83 percent in Spain YTD

According to the latest data available from ANESDOR, the motorcycle industry trade association in Spain, new motorcycle registrations were down by -4.41 percent in June (16,732 units) and are -7.83 percent for the first six months of 2017 (67,349 units YTD).

Overall, total PTW registrations in June were -1.97 percent at 18,791 units (+3.76 percent in May). For the first six months of 2017 the market is -5.18 percent (76,547 units).
In moped terms June was +23.66 percent at 2,059 units; for the year-to-date moped sales in Spain are +20.06 percent (9,198 units).
General Secretary of ANESDOR Jose Maria Riano says that “after a very positive 2016, the start of 2017 has been marked by the effects of the new European emission regulations (Euro 4), which has led to a steep decline in the sales of motorcycles as prices have increased.”
Riano has again pointed to the age of the motorcycle fleet (“park”) in Spain (at an average of 14.7 years old), saying “the administration must embrace measures to encourage the acquisition of new vehicles.” He again calls on the government to start incentivising replacement of older machines with new models through fiscal reform initiatives.

Norton Motorcycle

Norton Motorcycle in ‘Design & Licence’ agreement with Zongshen

Norton Motorcycle and Chinese manufacturer Zongshen have entered into a 20 year Design and Licence agreement over an all new 650cc twin engine. 

Jointly engineered and developed by Norton and Ricardo, the Euro 4 compliant engine has been specifically designed to the requirements of Zongshen, enabling the Chongqing, south-central China based manufacturer to meet current and future emissions regulations.
This is clearly an important deal for both businesses. For Zongshen it will enable them to fast track through an expensive and time-consuming development phase and allow them to continue their phenomenal growth. 

Although the value of the deal is to remain private, the initial consideration paid to Norton is described as being in the “millions of dollars” with an ongoing royalty on each engine produced. The agreement is for a 20-year term - last year Zongshen produced around 4 million engines.
The engine and its’ IP, developed by Norton, is specific and exclusive to Zongshen, and it is expected the engine will be produced under the ‘Zongshen’ or ‘Cyclone’ brands.
Norton CEO, Stuart Garner, commented: “It’s a great endorsement of our new 650cc engine platform and shows the high level of engineering expertise we have here at Norton. Working with Zongshen going forwards will enable them to deliver high quality, low emission engines compliant to current global standards.
“The commercialisation of our IP is a key area for Norton and we will be investing the substantial revenue received back into our skills, training and engineering capability, thus ensuring long-term sustainability to our British made Norton motorcycles.”
Norton will continue to hand make all its own Norton engines in the UK at its Donington Hall factory.

MV Agusta

MV Agusta Holding completes recapitalisation deal with ComSar Invest

It has been a long time coming, but Varese, Italy based MV Agusta says it has now finalised its latest attempt to achieve financial stability and managed to buy back the 25 percent stake it sold to Mercedes AMG (part of the Daimler Group) in late 2014.

This latest news is confirmation of a plan first announced late last year. The deal sees ComSar Invest, an investment fund that is part of Black Ocean Group, owned by Timur Sardarov, a “Russian dynasty key player in the production of oil and gas in Eastern Europe”.
The financial details of the deal have not been disclosed, but sees MV Agusta Holding increasing the capital invested in MV Agusta Motor S.p.A., and with a quorum of creditors agreeing to the deal, it is expected that the restructuring plan will now get final approval from the Italian courts.


“MV buys back Mercedes stake”

MV Agusta Holding will control 100% of MV Agusta Motor S.p.A., with ComSar Invest as a “strong minority shareholder in the Holding company alongside a controlling stake owned by GC Holding, the investment vehicle of President Giovanni Castiglioni.
The turnaround plan started in 2016 and has been based on the repositioning of the MV Agusta brand as a “prime producer of super premium motorcycles” in lower quantities than had been the ambition previously. That plan has brought the company back to profitability.

Giovanni Castiglioni, President - "This transaction with ComSar Invest through a capital increase and the acquisition of the shares previously held by Mercedes represents an important milestone for our plan

Castiglioni commented: “The transaction with ComSar Invest in our holding company through a capital increase and the acquisition of the shares previously held by Mercedes AMG in MV Agusta Motor S.p.A. represents an important milestone for our plan. The main objective is the reinforcement of MV Agusta’s core business - the production of high-performance, high-end motorcycles.
“In the last 12 months the implemented measures have brought MV Agusta back in positive cash flow generation, allowing it to complete the restructuring plan and to consistently support product development and consolidation of our key markets.”
Timur Sardarov, controlling shareholder of ComSar Invest, is quoted as saying: “MV Agusta is for us the most iconic brand in the industry, a company that in the last five years has invested heavily in new product development, creating an extensive, enviable range of motorcycles, which results today in a unique asset and a foundation for a successful future.
 
 “Positive cash-flow generation”

“We will focus our funding to reinforce the MV Agusta sales network and service and our knowledge in the technology fields, web and marketing to reach and enhance new markets, strengthen our digital and social presence, and enlarging MV Agusta’s consumer base.”
New York City based asset manager Black Ocean Group is, in turn, part of the Ocean Group, an investment vehicle founded by entrepreneurs Oliver Ripley and Timur Sardarov in 2005. Ocean has interests in a diverse range of sectors including private aviation, agriculture, real estate, corporate finance, banking, services, technology, media and internet, with offices in New York, London, Geneva and Moscow.

KTM and Bajaj

KTM and Bajaj to take Husqvarna global

It is 10 years since KTM and Bajaj Auto of India started their strategic partnership, and the two have now announced a collaboration to take Husqvarna Motorcycles worldwide, with a global roll-out in 2018.

The collaboration will also see KTM and Husqvarna branded motorcycles produced in India increased from the expected 100,000 units in 2017 to over 200,000 units in the next years. The Duke 125, 390 and RC 125 – 390 are produced in Bajaj´s production facility in Chakan/India and distributed by the two partners globally.
Husqvarna sold over 30,000 units in 2016 – a record for the brand – and Stefan Pierer, CEO of KTM AG, and Rajiv Bajaj, Managing Director of Bajaj Auto Ltd., have decided to build on the success achieved so far, and, in the long run, no doubt exploit the opportunities presented by the new fuel injected 2-stroke engines.
The first models, Vitpilen 401, Svartpilen 401 and Vitpilen 701 will be produced in Mattighofen, Austria, and launched in early 2018. Later in 2018, the Vitpilen 401 and Svartpilen 401 production for the global markets will be transferred to Bajaj’s Chakan factory. Bajaj aims to sell Husqvarna Motorcycles at a similar level as KTM products in India and Indonesia.
In November 2007, Bajaj Auto first acquired a 14.5% stake in KTM Power Sports AG (holding company of KTM Sportmotorcycles AG), and increased its stake to 47.96 percent in 2013.

BMW

BMW +9.5 percent for first six months of 2017

BMW Motorrad have sold more motorcycles and maxi scooters in the first six months of 2017 than in any previous first half year - deliveries increased by +9.5%. as of June 2017, for a total of 88,389 vehicles (80,754 units in the same period of 2016).

Stephan Schaller, General Director of BMW Motorrad, said: “For all of us at BMW Motorrad it is a great pleasure and a confirmation of all our efforts that our customers continue to show us that we are on the right track with our model initiative.”
The strongest growth was recorded in Europe, with France (9,447 units, up from 7,790), Italy (9,099 units, up from 7,912), Spain (5,573 units, up from 5,133) and UK/IE (5,410 units, up from 4,746) all up for BMW again. Overall around +12.9% more vehicles were delivered in Europe compared to the first half of 2016, including in Germany.
BMW say that the South American market in particular is showing considerable growth potential for them with a “dynamic” increase in sales – up by +16.3% to 8,306 units; sales in China were also significantly higher than in the previous year (2,836 units/+18.8%).
The German motorcycle market remains their single largest, where it is market leader with 14,461 units sold so far in 2017 (+4.9 percent); in the U.S. BMW Motorrad is +3.8% (7,157 units) in a difficult market that is seeing most manufacturers losing sales.
The water-cooled R 1200 GS and GS Adventure (17,159 units sold, +17.3 percent) continue to be BMW’s flagship models, with the ‘Boxer’ engined R series selling 49,240 units in the first half of 2017 in total.
Overall, 12,763 S models were delivered worldwide, with the S 1000 RR , S 1000 R and S 1000 XR Adventure bike doing well.

Hevik

Keep cool, keep dry!

Hevik’s new ‘Helios’ summer glove is said to provide the “perfect balance between ventilation and protection, combining safety, an attractive design and maximum comfort.”

Developed for both urban and touring use, the Italian gloves are touchscreen-friendly and feature Spandex, leather and mesh, resulting in a unique fit that makes its rigid knuckle protection imperceptible and protects the hands in all areas of possible impact. Inside they feature a polyester mesh lining and are adjusted by means of hook and loop fastening.
Also seen here, Hevik’s ‘Rainstop’ waterproof suit is a “top-of-the-range” seam-sealed two-piece rain wear solution that is said to be able to withstand a pressure equal to an 8000mm column of water. It has high breathability thanks to the use of reinforced nylon (PVC-free ripstop), an air vent on the rear further improving breathability, and front closure with double fastening, reflective inserts, an internal pocket and a concealed hood that folds into the collar.

HEVIK S.r.l.
www.hevik.com