Thursday, 21 October 2021

News Briefs

 

BMW appears set to build on the success of its September 2021 Pure&Crafted event in Berlin by adding its BMW Motorrad Days formula to a hybrid three-day combo BMW fest in Berlin in 2022. July 1st will be a one-day Pure&Crafted event, followed by two days of 'Motorrad Tage' on July 2nd & 3rd, 2022.

Organisers of the UK Motorcycle Trade Expo (British Dealer News) have confirmed the decision to postpone the show that was due to be held near Coventry in the English Midlands in October 2021. Expo director Andy Mayo said: "The risk involved still outweighs the investment required to stage Expo in the successful format exhibitors and visitors have come to expect. It's the second year in a row we have had to postpone, but with so much interest being shown by exhibitors, Expo 2022 is set to be a bumper show."

Young people all over Germany can now get their class AM moped driving licence at the age of 15 following a national driving licence regulation by the Federal Government in Germany. Many states had already adopted the protocol (only Berlin, Hamburg and Bremen had been hold-outs). The better theoretical and practical training of young riders in this age group has proven to benefit road safety according to Dekra. For eastern German states, the nationwide regulation now means a return to the legal situation that existed before reunification.


Royal Enfield (RE) has opened a CKD (Complete Knock Down kit) assembly plant in Colombia - the third biggest motorcycle market in Latin America - in partnership with its local distributor, Colombiana de Comercio (Corbeta Group). The facility in Envigado, Antioquia, marks RE's second plant outside of India. RE set up retail operations in Colombia in July 2014, with a first store in Bogotá. It now has 15 exclusive stores in Colombia and 57 exclusive stores with 40 other retail touchpoints in Latin America overall. Initially the plant will assemble the Royal Enfield Himalayan.

Brembo reported H1 2021 revenues at € 1,360.8m, up 43.1% compared to 2020 and up 2.8% compared to the first six months of 2019. EBITDA was € 270.2m (margin: 19.9%), EBIT was € 165.8m (margin: 12.2%). Net investments in a quarter in which Brembo marked its 60th anniversary and announced the acquisition of Spanish brakes manufacturer J.Juan (having bought Danish brakes component manufacturer SBS in Q1) amounted to € 99.9m. Net financial debt of € 496.9m was down € 100.6m compared to the period to 30 June, 2020.

Data released by the MIC in USA shows that motorcycle thefts surged by 30 percent in 2020 (13,000 more thefts than in 2019), reaching 53,111, the highest level in five years. The largest number were stolen in California (9,483), Texas (4,448) and Florida (4,223), with most in August (6,214) and July (5,855); February saw the least (2,701). The top 10 brands account for 80% of all thefts with Honda the most stolen (11,030), followed by Yamaha (8,261) and Kawasaki (6,340). Of all thefts, less than half (42%/22,403) were recovered.

The MIC reports Q2 new-model motorcycle sales among leading brands were +15.2% in USA. Compared to the year-ago period, YTD sales of on-highway models were +25.2%; dual sport models +16.7%; scooters +8.3%. Only off-highway sales dipped slightly through Q2, by -3.2%.


Sources: AMD, IDN, FT, Reuters, PSB, MPN, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news, RideApart.com, Motor1.com, Cycle World, motorbikewriter.com