2015 Honda VFR800X Crossrunner – More Than an Update

For the 2015 model year, the Honda VFR800X Crossrunner is getting a massive update from Big Red. As such, the 800cc V4 engine on the Crossrunner sees more horsepower (104.6 peak) and more mid-range torque added, new design aesthetics, longer suspension (+25mm) , and new wheels and brakes also get updates for 2015. Other highlights for the 2015 Honda VFR800X Crossrunner include Honda’s Selectable Torque Control system (HTSC), ABS brakes, full LED lighting, self-cancelling indicators, and heated grips, which Honda hopes will help ADV buyers consider the Japanese brand. With these changes, the 2015 Honda Crossrunner pushes further into the adventure side of the touring equation, making the Crossrunner an attractive sport/ADV model from Honda.

Matchless Model X Reloaded – Blending Old with New

Two years ago we spoke of the rebirth of the Matchless motorcycle brand, and today we see the first fruits of that company’s labor. Debuting three renderings that depict a future model, we get to see our first glimpse of the Matchless Model X Reloaded – a motorcycle that blends both the modern technology of today with the iconic lines of the British marque’s past. Borrowing its name from the Matchless Model X, the Model X Reloaded keeps some of the 1920′s motorcycle’s aesthetic, helping connect the brand of the past to the company of the future. Other details are thin, though we do know that the Matchless Model X Reloaded will have an S&S X-Wedge v-twin motor with 1,916cc of displacement.

Honda Is Recalling 126,000 Goldwings

American Honda has filed a recall with NHTSA, which sees the recall of 126,000 Honda Goldwing motorcycles. The recall comes about because the rear brake of the Honda Goldwing may drag after the brakes have been released. With 533+ bikes already experiencing the problem, Honda’s recall affects GL1800 bikes built between 2001 and 2010, and also affects GL1800A bikes built between 2001 and 2005. Since dragging the rear brake could cause a crash, and because the added heat generation could cause a fire (four instances have already occurred), Honda has recalled the Goldwing, though has not determined a remedy at this time for the situation.

TrakTape – Track Riders, You’ll Want to See This

Straight from the department of “now why didn’t I think of that” we bring you the miracle of TrakTape. Pre-cut model-specific adhesive covers for your headlight, tail light, and signals, TrakTape makes getting your bike onto the track a snap, and looks aces in the process. For now, TrakTape seems to only have a few Ducati models in its arsenal, though it seems logical to see other makes and model hitting their store in the future. At $20/sheet, you might balk at the price, though consider that a roll of good gaffer tape runs close to $30 — so, the four pack at $70 might make more sense for the budget racers. The only thing we’d like to see from TrakTape would be sheets for just headlights, just tail lights, just signals, etc. I can remember taping my bike’s headlight and tail light all the time, but usually removed the signals.

Yamaha MT-09 Triple Cross Over Concept by Oberdan Bezzi

We’re really digging the FZ-07/FZ-09 based concepts from Oberdan Bezzi, if you haven’t noticed. It is probably because the FZ-09 is such an affordable, yet potent package, from Yamaha that it begs to be built-up and modded upon. We’ve already seen street tracker and world crosser concepts from Bezzi, and this “Triple Cross Over” design builds upon the same themes as before. We already know that Yamaha has gotten the hint, and is expected to show a TDM-style version of the FZ-09/MT-09 at this year’s trade shows, but here is another design to whet our appetites and pique our imaginations. The Triple Cross Over fills the gap left by the upcoming TDM model, and is more of a scrambler than an ADV bike.

Mission Motorcycles Becomes Mission Electric, Boats & Cars to Come, Mission R/RS Motos Delayed Until Q2/Q3 2015

Interesting things are afoot in the electric realm. Mission Motorcycles is about to expand beyond the two-wheels, as the company becomes officially called Mission Electric. The change comes about as Mission plans to expand into the automotive and marine segments, though the San Francisco company isn’t saying yet who it is partnering with in those spaces. Mission says it will continue to offer consumer-side products, like its current crop of electric motorcycles, the Mission R and Mission RS. However, its business model will expand to offer business-side electric drivetrain components, which was previously the realm of Mission Motors.

Is US Superbike Racing on the Verge of a Revival?

Motorcycle road racing in the US looks set for a revival after its years in the wilderness. Today, the AMA announced that the rights to road racing in the US have been reacquired from the Daytona Motorsports Group, and handed to a consortium led by Wayne Rainey and Chuck Aksland. The KRAVE Group will run a new series of races in North America from 2015, under the joint auspices of the AMA and the FIM. It has been a long and difficult few years for motorcycle road racing in the US. Since the DMG bought the rights to the AMA Superbike series, at the start of the 2008 season, the series has been in a steady decline.

2015 Husqvarna FS 450 – Husky Returns to Supermoto

Announcing the 2015 Husqvarna FS 450, the Swedish brand is making a return to the supermoto segment, thanks to its new Austrian owners. Based on the Husqvarna FC 450 motocross bike, the new supermoto model is of course a reworked KTM in disguise, though we doubt anyone will be too bothered by that fact. The Husqvarna FS 450 features a chromium molybdenum frame, three-piece injection-molded subframe, and cast aluminium swing arm for the chassis. Umpf comes from the 450cc SOHC thumper, which makes a cool 60hp and has a five-speed gearbox mated to it. An electric starter and Adler slipper clutch complete the engine package.

2015 Aprilia Tuono V4 R APRC ABS Gets More Power

It’s hard to fault the current Aprilia Tuono V4 R APRC ABS, except perhaps the sport bike’s alphabet soup name, which the Italian company seems to grow longer with each passing year and added feature. That being said, the Tuono V4 R is easily our pick for the best streetfighter on the market — it packs a punch with its V4 engine, has the industry’s best electronics package, and is just downright fun to ride. Noale, Italy isn’t resting on those laurels though, so accordingly the 2015 Aprilia Tuono V4 R APRC ABS is getting some minor updates: namely a bump in peak power (170hp) and torque (83.3 ft•lbs), thanks to a new exhaust system.

So Long DMG — New North American Road Racing Series Established by Wayne Rainey & Co.

For months now, we have been talking about a North American road racing series that would compete against the ailing AMA Pro Road Racing championship that DMG runs. Called MotoAmerica, the North America series is run by KRAVE Group LLC. Rainey is a partner in the KRAVE Group, along with Chuck Aksland, Terry Karges, and Richard Varner. According to the AMA, MotoAmerica will promote and manage the series, which will be sanctioned by the AMA and FIM North America. This means that MotoAmerica will be able to award AMA and FIM North America #1 plates to series class champions, replacing the role of AMA Pro Road Racing as run by the Daytona Motorsports Group.

Officially Official: Harley-Davidson “Sells” MV Agusta to Castiglioni Family

08/06/2010 @ 11:53 am, by Jensen Beeler11 COMMENTS

Officially Official: Harley Davidson Sells MV Agusta to Castiglioni Family MV Agusta sold Castiglioni 635x425

There has to be a bevy of high-fives going on in Milwaukee right now, as Harley-Davidson has finally unloaded MV Agusta from its holdings (we broke the news on the purchase earlier this morning). Harley-Davidson bought MV Agusta for $109 million back in 2008 (most of which was bad debt), and now just a little over two years later is making a tidy profit of…well, nothing. After wiping the books clean, investing in new infrastructre, and getting MV Agusta back on track with an all new model line-up (with a bike on the way), Harley-Davidson saw a paltry sum of €1 cross its desks. Harley-Davidson shares are down 3.5% as of this writing.

Instead Harley-Davidson is calling things even with the Castiglioni family, who would have seen a stock pay-out had the company exchanged hands with another buyer, like TPG for instance. The Castiglioni’s stock was worth somewhere between €20-€30 million, and now with 100% ownership, the Italians are free to once again run MV Agusta into the ground, just like they did leading up to 2008.

Harley-Davidson & MV Agusta press releases are after the jump. One interesting point of note that taking the helm of MV Agusta is former Ducati General Manager and Chief Engineer Massimo Bordi. Bordi was once offered the job of CEO at Ducati, but turned it down, and the position was filled by Gabriele del Torchio, Ducati’s current CEO. Bordi’s last item of business at Ducati was trying to sell the Italian brand to Harley-Davidson, which makes for some good irony in today’s announcement.

Claudio Castiglioni Purchase of MV Agusta Imminent

08/06/2010 @ 8:40 am, by Jensen Beeler5 COMMENTS

Claudio Castiglioni Purchase of MV Agusta Imminent Claudio Castiglioni MV Agusta

UPDATE: The deal is now done, with Harley-Davidson issuing a press release.

Expected to be closed within hours, Harley-Davidson is on the verge of selling MV Agusta to Claudio Castiglioni. Castiglioni was able to leverage the purchase of MV Agusta by using the funds that would have been generated by his stock buy-out, which is rumored to be between €20 – €30 million. Castiglioni is today’s big winner in the deal, as the Italian is basically buying back the company he sold to Harley-Davidson for pennies on the dollar, while Harley-Davidson is left holding the tab on a hefty purchase price and cash infusion into the Italian company.

Harley-Davidson Returns to Profitability

04/20/2010 @ 2:32 pm, by Jensen Beeler19 COMMENTS

Harley Davidson Returns to Profitability Harley Davidson Road King speedometer 560x420

Harley-Davidson has announced its Q1 quarterly earnings today, and the Milwaukee-based company posted a $68.7 million profit. This news comes after Harley-Davidson posted a $218 million loss last quarter, and finished in the hole over $55 million for the 2009 year. Harley’s return to profitability is partially due to the company’s restructuring of its financial services, which are once again generating money for the iconic American brand. Harley-Davidson Financial Services posted a profit of $26.7 million this past quarter, almost a third of HD’s net income in Q1.

Yamaha Raising Money for Electrics

04/02/2010 @ 12:50 pm, by Jensen Beeler1 COMMENT

Yamaha Raising Money for Electrics Yamaha Tesseract Concept Tokyo 2007 560x420

Yamaha Motors is set to raise $812 million in capital in order to pursue development and production of fuel-efficient engines, which includes hybrid and electric models. The focus of this new range of Yamahas seems to be destined for emerging markets, but may include technologies that could trickle into more established markets like the United States. Yamaha plans on raising this money by making 63.25 million more corporate shares publicly available for investment.

TTXGP Trust: Race to Own

03/12/2010 @ 10:40 am, by Jensen Beeler1 COMMENT

TTXGP Trust: Race to Own Mavizen TTX02 TTXGP 560x375

After crowdsourcing their rule book, TTXGP has set another unprecedented move in racing by allowing teams to own up to 70% of the series itself. The union (TEO), as TTXGP calls it, will be transfered stock in in TTXGP Ltd, the company behind the TTXGP series. Teams then who comprise of the TEO membership will be award individual “units” of TEO based on the number of races the teams enter and their position in the standings.

For 2010, 30% of TTXGP Ltd. will be transfered to TEO, and the goal is to have 70% of the company up for grabs by 2020. TEO will have a considerable amount of sway in how TTXGP is run, thus creating a more open atmosphere for the direction of the series. The move to give teams a vested interest like this also serves to encourage more participation in the series. More after the jump.

KTM Speaks on Ownership Rumors – Denies What?

02/16/2010 @ 5:58 am, by Jensen Beeler7 COMMENTS

KTM Speaks on Ownership Rumors   Denies What? KTM RC8 R pit lane 635x476

As we reported last week, there were rumors circulating that Bajaj was poised to take a controlling interest in KTM, which could see the Indian manufacturer owning up to 90% of the Austrian company. After the circulation of these rumors KTM released a statement (posted after the jump) that touched on some of the issues brought about by the weekend’s news coverage, namely the future ownership structure of the company.

Some publications have taken this release as a denial of the acquisition rumors (which the release at no point actually says), but like many press releases what is said is often less important that what isn’t said. Sensational headlines aside, KTM’s response only suggests that CROSS Industries AG will remain the majority shareholder in KTM, and in no way denied rumors that Bajaj would be increasing its stake in the Austrian company. While CROSS and KTM’s current leadership seem set to remain intact at KTM (what was actually stated in the release), our sources continue to point to Bajaj increasing its stake in KTM, while the company’s glaring omission to address that part of the industry rumors seems to confirm that initial suspicion.

With KTM’s shareholder general assembly only two weeks away, we won’t have long to wait to see how the over $40 million of additional stock gets spread out over current and potential investors. Press release after the jump, for you to make the call yourselves on what was said.

Bajaj to Acquire 90% Stake in KTM?

02/11/2010 @ 1:26 pm, by Jensen Beeler21 COMMENTS

Bajaj to Acquire 90% Stake in KTM? KTM RC8 R ground level 635x424

Rumors are indicating that KTM has invited Indian manufacturer Bajaj to increase its stake in the Austrian company from the current 30% to up to 90%. While neither party has confirmed the news, it is reported that Bajaj has accepted KTM’s offer, and will immediately purchase an additional 21% of the company’s stock, making it a 51% majority shareholder. Bajaj will then increase its ownership to 90% at a later undecided time.

Orange County Choppers’ Teutuls Head to Court: Paul Sr. Sues Paul Jr. for Over $1.5 Million

12/29/2009 @ 5:45 pm, by Jensen Beeler873 COMMENTS

Orange County Choppers Teutuls Head to Court: Paul Sr. Sues Paul Jr. for Over $1.5 Million american chopper orange county choppers paul sr paul jr court 635x423

UPDATE 2: American Chopper is back as American Chopper: Senior vs. Junior.

UPDATE: TLC has cancelled American Chopper.

Even with Paul Jr. and Mikey off of the show American Chopper, Paul Teutul Sr. has found a way to fight with his children, and further estrange himself from his family. Paul Sr. has filed a dispute with the Supreme Court of New York state (the State’s lowest court), which alleges that the elder Teutul has the right to purchase his son’s stock in Orange County Choppers Holdings, Inc., the company behind OCC.

Harley-Davidson Downgraded by Goldman Sachs

12/18/2009 @ 12:56 pm, by Jensen Beeler15 COMMENTS

Harley Davidson Downgraded by Goldman Sachs wall street 560x454

It’s been a rough outing in the stock market for Harley-Davidson recently as in the past 10 days the company has seen to substantial hits to its stock price. First the company was hit by the news that it would be recalling over 110,000 motorcycles for faulty fuel tank mounts. And now, the latest bad news comes in the form of a downgrade by financial powerhouse Goldman Sachs, which has downgraded their opinion of Harley-Davidson from “neutral” to “sell”. More after the jump.

Harley-Davidson Stock Shares Tumble

01/13/2009 @ 11:11 am, by Jensen BeelerComments Off

Harley Davidson Stock Shares Tumble wall street 560x317

Harley-Davidson (HOG) shares dropped 12% Monday as financial analysts grew bearish over motorcycle purchases in 2009. Sparking the plummet, Goldman Sachs downgraded Harley’s shares to sell, lowered its target price to $11, and cut its 2009 profit outlook by 50%. Goldman analyst Patrick Archambault said he expects Harley’s retail bike sales to fall by 30% this year, making it the worst year for new registrations since 1982.

Part of the reason for the downgrade is becauset Harley-Davidson CEO, James Ziemer, said last month that he plans to retire from his 40 years of service with Harley in 2009, and on Thursday last week, Sy Naqvi stepped down as interim president Harley’s finance unit.

Another concern has been Harley-Davidson’s financial services division. The division is expected to make less revenue in 2009 off of sales, lose more money on delinquent loans, and be stuck with loan obligations because of a frozen LBO and secondary loan markets.

Source: Visordown