Not-A-Review: I Finally Understand the Polaris Slingshot

All the way back in February, I got an email from a loyal A&R reader, Tone, who had just put a down payment on the Polaris Slingshot. He had just sold his Honda RC-51 to make room in the garage for his new three-wheeled toy…to put it shortly, he was excited for his soon-to-arrive “motorcycle”. I have to admit…I didn’t quite get the fuss about the new Slingshot — and to sell an RC-51 (a bike I wouldn’t having in mind two-wheeled collection) for one? That seemed sort of blasphemous — may the Gods of Motorcycling forgive this transgression. Tone’s enthusiasm and offer to give me a ride in his scoot, once it arrived, won me over in the end though. After all, if you’re not having a good time in a motorcycle, even a three-wheeled one, you’re probably doing it wrong. Right?

Ride Review: Aprilia RSV4 RF

After a great many success in World Superbike, Aprilia claims to have improved the venerable 2015 Aprilia RSV4 RR street bike once more. Aprilia’s halo motorcycle has lost a couple of pounds and its power output has risen to a punchy 201hp. To celebrate this milestone Aprilia not only unleashes the standard RR version, but also a limited run of 500 units for the “RF” (Racing Factory) bikes.The RSV4 RF hosts obvious upgrades such as forged wheels, Öhlins suspension and steering damper, and a WSBK-inspired color scheme. To see how the updated RSV4 goes, we were invited to review RF #77 out of 500, on the newly resurfaced Misano World Circuit “Marco Simoncelli”.

Team Hero EBR Withdraws from World Superbike

After first saying it would be business as usual, Team Hero EBR has regrouped and found that it will not be continuing in the 2015 World Superbike Championship. Though a change in announcements, the news is perhaps unsurprising considering the state of EBR and the economic troubles reportedly faced by Hero MotoCorp. The team quotes the “recent bankruptcy of EBR and the re-prioritizing of efforts by title sponsor Hero” as the cause of its withdrawal, with Pegram Racing hoping to announce its future racing plans soon. “This is a really hard pill for us all at Pegram Racing to swallow, as we always live by the philosophy of Never Give Up,” said team owner Larry Pegram.

MV Agusta USA Expands Dealer Network

One of the main issues MV Agusta USA’s new management is addressing right off the bat is the company’s dealer network in the United States. It was an issue that considerable time was spent on during our media meeting with them late last year, and clearly the American subsidiary has heard the pleas of journalists and consumers alike. As such, MV Agusta USA is announcing the addition of nine new dealers to its list, which is roughly a 25% increase in MV Agusta dealers in the USA. Of course, simply adding more dealers doesn’t solve MV Agusta’s problem in the US, finding the right dealers is key. “We have a continual strategy to make changes in selected open areas where rider demand is high and the prospective MV rider community is underserved,” said Helen Vasilevski, CEO of MV Agusta USA.

Recycled Dainese Leathers for Your Two-Wheeled Lifestyle

What are you to do with a set of leathers, once they’ve been retired from protecting your motorcycling hide? The answer to that question is why Dainese has teamed up with Regenesi, an Italian firm known for recycling old products and turning them into new ones. Taking the crashed leathers of Dainese’s sponsored riders, Regenesi turns the leather pieces into various lifestyle items, like wallets ($139), smartphone sleeves ($79), key fobs ($54), etc. Each piece is obviously unique, comes straight from the race track, and is hand-made in Italy. Helping things too is the fact that Dainese is selling (re-selling?) the pieces at a reasonable prices, so buying a wallet doesn’t also hurt you in the wallet.

Troy Bayliss Riding a Ducati Scrambler Inspired Race Bike

We already know that Troy Bayliss will be making another return to racing this year, taking on five one-mile events on the AMA Pro Grand National Series. We also knew that Bayliss would be on a Lloyd Brothers Motorsports Ducati race bike, continuing the Australian’s link to the Italian brand. Ducati has given us a glimpse of that flat-tracking machine, and to our surprise, it seems the folks in Bologna are looking to get some more marketing mileage out of the partnership, as Troy’s race bike is a spitting image of the Ducati Scrambler Full Throttle. Of course, Bayliss will compete with an 1,100cc air-cooled machine, in lieu of the Scrambler’s 803cc v-twin engine. The race bike will feature a custom-built chassis, and of course 19″ flat track wheels.

Oregon Just Got Closer to Legalizing Lane-Filtering*

Motorcyclists living in the fine State of Oregon (this author included) have something to celebrate today, as the Oregon State Senate passed SB 694 (18 to 10, with two abstentions): proposal that would make lane-filtering or lane-sharing legal under certain conditions. The bill now goes before the Oregon House of Representatives, where it will be first heard on April 27th. If voted on successfully in the House, Oregon will become only the second state to permit lane-filtering of some kind on public roads. While today’s news is a boon for motorcyclists in Oregon, there are some serious caveats to the bill that has passed through the Senate, namely that it only permits lane-sharing during specific instances.

The End of Marzocchi Suspension is Nigh?

Reports out of Italy suggest that the Marzocchi brand may soon be no more, after parent company Tenneco made the decision to close the Italian firm’s Bologna factory in Zola Predosa. The Italain outlets go on to say that motorcycle manufacturers that use Marzocchi as an OEM part have been notified that they will no longer be supplied with the suspension pieces, once the co Marzocchi’s stock of forks has been exhausted from supply. This news would affect a bevy of brands, including BMW, Ducati, MV Agusta, TM, GasGas, Beta, and AJP. The writing on the wall has been coming for some time for Marzocchi, as Tenneco initially wanted to close the plant in 2011, but instead through labor negotiations, laid off 50 of the company’s 170 employees.

Is This Really the End of EBR? Receivership Explained

It didn’t surprise me last week that the headlines regard Erik Buell Racing ranged in their proclamations from the more accurate “ceased operations” to “gone bankrupt” – with the even more presumptive publications proclaiming the ultimate demise of the American brand. This comes from a lack of understanding about how the receivership process works, which my European colleagues should have a stronger grasp of, as the concept is more prevalent across the pond. As such, I would like to explain the issue further, and how it applies to the situation facing Erik Buell Racing. To entice you on what will surely be a boring subject to many, this doesn’t spell the end of Erik Buell Racing…not even close.

Troy Bayliss Racing in the 2015 Grand National Series

He may have retired from World Superbike racing, but that isn’t stopping Troy Bayliss from continuing his pursuit of checkered flags, as the Australian has confirmed his long-rumored move to the AMA Pro Grand National Series. Bayliss will be racing on an 1,100, air-cooled, two-valve Lloyd Brothers Motorsports Ducati (no surprise there), as a teammate to Johnny Lewis. The former World Champion plans to contest all five mile-long racing events, with his first race being the Springfield Mile in Illinois on May 24th. Bayliss may be an old salt, at the ripe age of 46, but the Aussie has been keeping his game sharp on local flat track courses. Every year as well he hosts the invitation-only Troy Bayliss Classic, where many AMA Pro Flat Track racers have competed.

Polaris Trademarks “Victory Charger” – An Electric Cruiser?

02/05/2015 @ 11:09 am, by Jensen Beeler5 COMMENTS

victory-charger

Trademark applications with the USPTO show that Polaris has registered “Victory Charger” as a mark to be used with “electric motorcycles and structural parts therefor.”

The application is a strong hint that we could see an electric cruiser from the Victory brand, which is owned by Polaris, in the coming future.

The news is especially timely, as Polaris just acquired Brammo’s electric motorcycle business, and plans on building electric motorcycles at the company’s facilities in Spirit Lake, IA.

As if there wasn’t already enough fuel for the fire, on a product roadmap for investors, Brammo listed an “eCruiser” as a possible future model — a model that could easily be repurposed for the progressive Victory cruiser brand.

“Stop Sale & Stop Ride” Issued for the Polaris Slingshot

01/17/2015 @ 10:22 am, by Jensen Beeler11 COMMENTS

polaris-slingshot

Polaris Slingshot owners should take note, as Polaris Industries issued a “Stop Sale & Stop Ride” this week for two issues found on the Slingshot.

As the name implies, this special recall advises all Slingshot owners to stop riding their three-wheelers, and all Slingshot dealers to stop selling the vehicles, until the two issues are resolved.

Analyst Predicts Indian Will Outsell Victory in 2014

01/08/2014 @ 4:03 pm, by Bryan Delohery14 COMMENTS

2014-Indian-Chief

According to an analyst from UBS Investment Research, Indian Motorcycles is on track to outsell its sibling company Victory Motorcycles in 2014, its first full year of sales since the company’s recent rebirth.

If this prediction turns out to be accurate, this will be a huge feat for Indian, considering the fact that the American brand only sells three models since its relaunch in August of last year, compared to Victory’s current 15 model lineup.

Polaris Buys Back Company Stock from Fuji Heavy Industries

11/13/2013 @ 10:06 am, by Jensen Beeler7 COMMENTS

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Polaris Industries has announced that it has bought back 3.96 million shares of the company’s stock from Fuji Heavy Industries, for the tidy sum of $497.5 million — roughly 6% of Polaris’ total market capitalization.

Paying for the stock purchase with roughly $247 million in cash, and $250 in credit, the move is a response to Polaris’ continued push to develop its own engines in-house.

For some background, Fuji Heavy Industries was the sole-engine supplier to Polaris from 1968 until 1995, at which time Polaris began developing its own power plants.

Despite that shift nearly 20 years ago, Fugi has had an integral part of Polaris’ business up until this point, and in 2013 one in four engines in the Polaris model lineup was built by Fuji Heavy Industries.

For 2014 onward though, the use of Fuji engines is expected to drop as Polaris produces more of its own units.

Up For Grabs: Half of the American Motorcycle Industry

06/27/2013 @ 7:06 pm, by Jensen Beeler37 COMMENTS

It is a fact that isn’t often discussed in the motorcycle industry, but roughly 50% of all on-road motorcycles sold in the United States come from a little company called Harley-Davidson. In 2012 for instance, the Bar & Shield brand sold 161,678 units here in the US, while for the same year the MIC reports 318,105 on-road units were sold nationwide, across all manufacturers.

In a way, the statistic is unfair. A cynical observer would say that Harley-Davidison is in the t-shirts, beanies, and trinkets business…and also happens to sell motorcycles as well. The more accurate critique is that Harley-Davidson sells a carefully curated lifestyle to its owners. A turnkey admittance to Club Cool and a subculture that breaks out of the doldrums of the suburban lifestyle.

You can hate the twenty-something flavors of the same machine that Harley-Davidson panders to dentists and accountants, and you can call the company’s products a number of nasty names, but the simple truth is that they sell, and even when sales aren’t that good, they still sell well. In 2011, the low-point in Harley-Davidson’s five-year sales tailspin, the Milwaukee company still accounted for 48% of on-road motorcycles sold in the US. Chewy.

It is easy to be critical of Harley-Davidson, and there are plenty of things to be critical about (I have had no problem in the past talking about the company’s greatest challenges), but one cannot deny the fact that if Harley-Davidson is responsible for the lion’s share of what we call in passing the motorcycle industry. For Polaris Industries CEO Scott Wine though, Harley-Davidson’s motorcycle dynasty is seen as a market opportunity, though a risky one.

Brammo Raises $13 Million in Series C Funding Round

07/12/2012 @ 4:16 pm, by Jensen Beeler2 COMMENTS

Brammo announced today that it has raised another $13 million, in a Series C funding round that was lead by Polaris Industries. Hoping to secure a total of $45 million over the course of the entire round of funding, the investment by Polaris is the second one that American company has made into the Ashland-based electric motorcycle company.

Polaris first invested in Brammo back in October, as the Minnesota-based company was rumored to be taking a close look at a number of electric motorcycle firms for a strategic partnership. Ultimately settling on Brammo, Polaris was a part of the Oregonian company’s $28 million Series B funding round, and is said to have lead this current Series C tranche.

Polaris Invests in Brammo’s $28 Million Series B Round

10/26/2011 @ 7:56 am, by Jensen Beeler5 COMMENTS

After being courted by several major OEMs according to our sources, electric motorcycle manufacturer Brammo received a minority investment by  Polaris Industries today. The move will give Polaris access to Brammo’s proprietary electric powertrain technology, and positions the large OEM to enter further into the electric motorcycle market as a strategic partner to the Oregonian company. In the process of this investment, Brammo has also closed a $28 million Series B round of funding that also included contributions from repeat investor Alpine Energy and first-time Brammo investor NorthPort Investments, LLC.

Polaris has already been aggressively expanding into new market segments this year by buying both Indian Motorcycles and electric car manufacturer GEM. Polaris’s investment in Brammo, the two companies will form a strategic partnership that will presumably see Brammo’s electric drivetrain in different Polaris Industry products, which gives the American company a formidable ally in the move to electric-powered vehicles. For Brammo, the news bodes well as it not only means an infusion of fresh capital, a roadmap to further funding, and a step closer to a possible exit, but Polaris will also be sharing its vast array of technical, sales, and support knowledge to the electric startup.

Zero Motorcycles Adds Polaris Executive to Board of Directors – But What Does It Mean?

05/17/2011 @ 10:03 am, by Jensen Beeler10 COMMENTS

Zero Motorcycles has quietly announced some interesting news: that Mark Blackwell, V.P. of Motorcycles at Polaris Industries, will be joining the electric motorcycle company’s Board of Directors. With a plethora of reasons as to why an industry veteran like Blackwell would join Zero’s board, it’s been no secret that the Scotts Valley company has been collecting seasoned industry professionals like pokemon characters, seemingly building a brain trust of people who actually know how to run a motorcycle company.

Blackwell’s addition to Zero is interesting because it could signal a relationship with the Polaris V.P. that goes beyond merely an advisory/visionary position, which is the core responsibility of a companies board. The timing is interesting as well, as Polaris has been on a buying spree, first acquiring the original American motorcycle company brand: Indian Motorcycles, and a few days later electric car manufacturer GEM. With a Polaris executive sitting on Zero’s board almost immediately after these aquisitions, one has to wonder if this isn’t a precursor to some sort of larger arrangement between the two companies.

Polaris Acquires Indian Motorcycle

04/19/2011 @ 3:29 pm, by Jensen Beeler14 COMMENTS

Polaris Industires has just announced its acquisition of the historic Indian Motorcycle company. Terms of the deal have not been disclosed, but the deal sees one of the most historic names in American motorcycling finding a home with a major player in the motorcycle industry. The move is an interesting one for Polaris, as the company already owns cruiser and touring motorcycle manufacturer Victory Motorcycles.

According to the company press release, Indian will function as an autonomous business unit, but will likely gett help from Polaris’s engineering department, along with the obvious supply chain and purchasing power of the larger brand.

Victory Sales Up 42% in Q2 2010

08/24/2010 @ 2:20 pm, by Jensen Beeler3 COMMENTS

According to Polaris Industries, Victory motorcycle sales were up 48% in the second quarter of 2010. Polaris’ on-road division, which is essentially the Victory cruiser brand, posted sales of $15.5 million, up from the $10.5 million in sales the company did in Q2 2010. In North American, sales for Victory cruisers were up 10% over last quarter, the third quarter in-a-row of sales growth for the brand.