Honda Neowing Concept – A Hybrid Leaning Trike

It seems that the Japanese are really exploring the idea of leaning multi-wheel concepts. First was the Yamaha Teseract, with its four wheels of leaning fury, which gave rise to the production of the Yamaha Tricity scooter, and the Yamaha 03GEN-f & Yamaha 03GEN-x concepts. Team Green has explored this space with the Kawasaki J Concept, Piaggio has its MP3 500 maxi-scooter (and supposedly has the lockdown on patents for this innovative design), and now Honda has its Neowing – a gas/electric hybrid leaning three-wheeler. Like its counterparts, this trike has two wheels in the front, with the rider in a motorcycle-styled sitting position. Adding to the motorcycle experience, the trike leans through turns. Huzah!

Suzuki GSX Concept Hints At…Something

Unlike the Honda “Light Weight Super Sports” concept, which gives a clear indication as to the cut of the Japanese manufacturer’s jib, the Suzuki GSX concept leaves a bit more to the imagination. We know that the Suzuki GSX-R line is woeful need of an update, and our best information pegs the Suzuki GSX-R1000 finally getting a refresh in mid-2016, as an early 2017 model. Other rumors suggest we’ll see something interesting from the Suzuki brand at the upcoming Tokyo Motor Show, and hopefully that doesn’t mean just this GSX concept. Maybe this is a nod that Suzuki had finally awoken from its slumber, and plans on refreshing some of its most iconic sport bikes.

Honda’s “Light Weight Super Sports” Concept Gives Hope for a Honda CBR250RR in the Near Future

When it comes to the small-displacement trend that we’ve seen from manufacturers, Honda’s offering is competent, but lacking when compared to what has come out from Kawasaki, KTM, and Yamaha. If the Honda’s “Light Weight Super Sports” concept (super high-resolution photo above), which will debut at the Tokyo Motor Show, is any indication though, the Japanese manufacturer is about to blow the competition out of the water with what will likely be the Honda CBR250RR. The concept shown has a different chassis from the Honda CBR250R and Honda CBR300R, which bode well for the machine being substantially different from what is on the market now from Honda.

The Suter MMX 500 is the Ultimate Two-Stroke Track Bike

The veil has finally been removed for the relaunching of Suter’s two-stroke grand prix track bike, now named the Suter MMX 500. As expected, the machine gets a modest makeover visually, and appears to remain largely unchanged mechanically. Officially making 195hp at 13,000 rpm, the Suter MMX 500 weighs a paltry 280 pounds (127kg). For that kind of power-to-weight ratio, you are going to have to spend some serious coin, 120,000 CHF ($123,360 in today’s money). Only 99 examples of this machine will be built – all to customer-spec, of course. That price tag gets you a 576cc two-stroke V4 engine, that has a 56 x 58.5mm bore and stroke, double counter-rotating crankshafts, and electronic fuel injection. Suter says that power plant is good to get the MMX 500 up to a true 195 mph (310 km/h).

New 937cc Ducati Hypermotard 939 Outed for 2016

In addition to the 2016 Ducati 959 Panigale, Ducati is set to update the Hypermotard line, according to documents filed with the California Air Resources Board. The filing shows three new Hypers: the base model Hypermotard, the up-spec Hypermotard SP, and the touring-oriented Hyperstrada. Unfortunately the CARB filings don’t tell us too much about the machines, other than their emissions are lower (thanks to Euro 4 compliance), and that all three street bikes will use a 937cc engine and a six-speed gearbox. These Hypers surely represent three of Ducati’s upcoming nine models set to be released at the 2016 EICMA show, and we have to say that we are looking forward to seeing what the Italian marque has done with what is surely our favorite motorcycle on the market.

2016 Ducati 959 Panigale Revealed in CARB Documents

It appears one of our predictions for the 2016 model year has been confirmed, as Ducati is set to update its “supersport” model, the Ducati 899 Panigale, with a replacement. Outed by the California Air Resources Board (CARB), we know that the new model will come with a two-cylinder engine, with a 955cc displacement, and officially be called the Ducati 959 Panigale. This move continues Ducati’s push away from race legal sport bikes, instead choosing to showcase the fact that the company can make larger displacement machines that still rival supersport’s in weight. The 899 Panigale was exactly this, and we expect the 959 Panigale to be the same. We also expect the 2016 Ducati 959 Panigale to officially debut at the upcoming EICMA show, as one of Ducati’s nine new models to be released.

Husqvarna 701 Supermoto, Coming to the USA

It seems our hopes have been answered, as the Husqvarna 701 Supermoto has been confirmed for the US market, for the 2016 model year. We already knew that the 701 would be available in Europe, starting in November 2015, but word for other markets was non-existent. Now clarifying things, Husqvarna has confirmed that the Husqvarna 701 Supermoto will be at dealerships in the USA, as well as other markets, start in February 2016. Yes, that means you too can now own a KTM 690 SMC R, dressed in blue and white. A machine we’ve known about since last year’s EICMA show, the Husqvarna 701 Supermoto features 690cc engine that makes 67hp along with a 320 lbs ready-to-go sans fuel.

How Would You Redesign the Bimota Mantra?

When you hear the name Bimota, you likely picture in your head bespoke and beautiful Italian motorcycles that borrow some of the most potent engines from motorcycle manufacturers and then build motorcycling exotica around them. Just about every Bimota is a highly coveted collectible…just about. For some reason the Bimota Mantra is more infamous than famous, it’s design was ahead of its time, to say it politely. I know a few collectors who love the Mantra, and have a few in their collections, but the bulk of the two-wheeled public would rather forget the Mantra was ever penned, and that the V Due was ever built. Asked what he would build if he had to recreate the Bimota Mantra, designer Sacha Lakic (the artist who was behind the original Mantra, and more currently, the Voxan Wattman) inked the above sketch.

The Honda RC213V-S Isn’t Sold Out…Yet

Do you want a MotoGP bike in your garage (or living room, as the case will likely be)? Do you have $184,000 and then some, burning a hole in your pocket? Do you like not living in a house, but think carbon fiber fairings will keep you warm at night? If you said yes to any of those questions, you should buy a Honda RC213V-S. In seriousness, if owning a Honda RC213V-S is a notion that does strike you, then you better hurry up with your order. This is because we asked Honda how orders were coming with the RC213V-S, and the Japanese brand responded that reservations for the MotoGP-bike-for-the-street are quite abundant, indeed. Building one bike a day, Honda’s Hamamatsu factory could deliver roughly 250 units of the Honda RC213V-S in the coming year, at the maximum.

Ducati CEO Quashes Four-Cylinder Superbike Rumor

Well, the fun is over. Talking to MCN, Claudio Domenicali has laid to rest any rumors about the Ducati building a four-cylinder superbike to replace the Panigale. The news confirms what everyone already expected to be the case, as it is hard to imagine a Ducati superbike model being anything other than a v-twin, World Superbike rules be damned. “I can confirm there is no officially confirmed project at Ducati for a four-cylinder engine to replace the Panigale V-twin,” Domenicali confirmed to MCN. “There is no Ducati four-cylinder superbike planned.” Domenicali would go on to speak about knowing every approved project that is currently underway at Ducati, and that no such four-cylinder project is in the works, though the company certain explores every idea before going forward.

Honda Becoming Its Own Hero in India

12/06/2010 @ 7:14 pm, by Jensen Beeler1 COMMENT

We know it’s a cryptic headline, but there’s a big HUGE move happening today in India as far as motorcycles are concerned, and we couldn’t help being overly dramatic. Holding a 26% stake in Hero Honda, Honda announced that it will be selling its position in Indian joint-venture, the world’s largest two-wheel manufacturer, to the Hero Group’s founders, the Munjal family, and various investment funds.

Honda in turn will be pumping its resources into its own fully-owned subsidiary in India called Honda Motorcycles and Scooters India (HMSI). Buying its stock back at a discounted rate, the Honda will be selling the stock to Hero Honda for $1.2 billion, presumably in exchange for a larger percentage of the company’s early revenue (Honda currently takes home 2.5% of Hero Honda’s yearly revenue).

Bajaj Gobbles Up Some More KTM Stock

11/30/2010 @ 12:18 pm, by Jensen Beeler1 COMMENT

Bajaj must be celebrating a late Thanksgiving (we might be talking about the wrong Indians here) as the Pune-based automotive group has gobbled up some more shares of Austrian company’s stock. Strengthening the two companies’ strategic partnership, Bajaj has modestly increased its 35.67% interest in KTM, becoming a 38.08% shareholder. Also coming out of the orange brand is news that Stefan Pierer will continue on as CEO of the company through 2015, and Friedrich Roithner, formerly of DGF Cross Industries, will take on the role of Financial Director in the new year.

Harley-Davidson Will Pay You To Buy Its Stock

09/16/2010 @ 2:40 pm, by Jensen Beeler8 COMMENTS

Harley-Davidson has just announced that it will be giving out a 10¢/share dividend for the third quarter of 2010. Being paid on October 15th to anyone who owns Harley-Davidson stock (NYSE: HOG) on October 1st, 2010, holders of HOG common stock will get a chance to be rewarded for investing in the Milwaukee brand. It’s not clear at this time if Harley-Davidson intends to keep the cash dividend for future quarters, or if this is one-quarter only event.

With HOG currently trading at $28.43/share, this announcement means essentially an automatic 1.2% investment gain for stock owners, however contact your financial advisor before placing any orders…you shouldn’t take stock advice from a motorcycle blog.

MV Agusta Purchase Terms & Details

08/09/2010 @ 8:47 pm, by Jensen Beeler18 COMMENTS

After Asphalt & Rubber broke the news about the MV Agusta purchase last week, many of the details about Harley-Davidson’s sale of MV Agusta to the Castiglioni were known or rumored at the time of the purchase’s announcement later in the day; however the exact figures and terms of the agreement were not officially known. Having filed the appropriate forms with the SEC, Harley-Davidson (a publicly traded company) has had to disclose the terms of MV Agusta’s sale, which don’t paint a favorable picture for the Milwaukee brand, but show how Castiglioni “bought” his company back despite bids coming from other parties.

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

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

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

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 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 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

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

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.