Tuesday 30th June 2015
FOR about nine months now I've been writing about the Motor Company's softening sales profile, its fiscal position, the impact both have been having on their share price, and the possible implications on their independence.
I have been writing-up reports on Harley-Davidson's quarterly results since September 1993, so I guess in that time I have gotten pretty well attuned to the nuances of their reporting.
After a while you become pretty familiar with what can be gleaned between the lines - not so much between the lines of their press release text, as that is pretty meaningless BS at the best of times anyway, but between the lines of the numbers they release.
Friday 26th June 2015
For the first quarter of its new (January - December 2015) financial year, Yamaha's global net sales income from motorcycles was up by +8 percent (243.5 billion yen, up 18.0 billion yen) compared with the same period of the previous fiscal year; operating income was 10 billion yen, an increase of 6.2 billion yen (+164.2%).
Yamaha's total global unit sales for the first quarter of 2015 were actually down by nearly -14 percent (193,000 units) at 1,196,000 from 1,389,000 in the first quarter of 2014.
Thursday 25th June 2015
For their financial year from April 2014 to March 31st 2015, net sales in Suzuki's motorcycle business decreased by ¥16.1 billion (6.0%) to ¥250.5 billion - mainly due to reduced sales in Asia, according to the company.
Motorcycle operating income of ¥0.1 billion in the previous fiscal year became an operating loss of ¥0.7 billion.
Suzuki's total worldwide production of motorcycles and ATVs was down by -11.2 percent at 1,799,000 units (from 2,033,000 in 2013/2014). Domestic Japanese production was 154,000 units (-14.7 percent) with exports of those machines -17.6 percent at 105,000 units from 127,000 in 2013/2014.
Total unit sales (including 22,000 ATVs) are reported -12.8 percent for 2014/2015 at 1,763,000 from 2,022,000 in 2013/2014.
Wednesday 24th June 2015
The latest data released by ACEM, the Brussels based international motorcycle industry trade association, says that motorcycle registrations grew by +4.9% during the first four months of 2015 on a year-on-year basis. A total of 295,760 motorcycles were registered between January and April 2015, against 281,950 during the same period of 2014.
Year-on-year motorcycle registrations increased in key European markets including Spain (36,025 units, +17.4%), the UK (33,690 units, +13.8%), Germany (62,210 units, +3.8%) and Italy (57,425 units, +1.3%). Registrations were down in France (52,265 units, -2.7%).
Total Powered Two-Wheeler (PTW) registrations were up by +0.2 percent for the first four months of the year (January - April 2015).
Tuesday 23rd June 2015
ARNOTT Air Suspension has opened an extended engineering, research and development center. The 68,000 sqft building, which includes a significantly larger garage with additional lifts, state-of-the-art test equipment and additional engineering offices, increases the company's campus at Meritt Island, Florida, to almost 300,000 sqft on more than 21 acres.
Monday 22nd June 2015
Victory has scored a podium place at its first ever appearance at the Isle of Man TT races, scoring a third place in the SES TT Zero race for electric motorcycles - Lee Johnston recording 111.620mph lap on the iconic mountain road circuit.
The second Victory electric motorcycle took fourth place with UK racer Guy Martin recording a lap time of 109.717mph, after stepping in to replace the injured William Dunlop.
Victory Racing Team Manager, Brian Wismann, said: "It was a good day for Victory Racing at our first ever time at the TT. We accomplished what we set out to achieve. We got on to the podium, but we also got a 111mph average in our first ever TT Zero race.
Friday 19th June 2015
The 41st annual Custom Bike Show held in Sweden at Norrtällje featured over 200 bikes, entered in 8 classes. The largest established AMD World Championship of Custom Bike Building affiliate event (this was the 11th year), over 9,000 visitors from around Europe came to enjoy a weekend that is internationally renowned for the quality of bikes seen there. Competing builders travelled from across Scandinavia and Europe, with bikes coming from Lithuania, Estonia, France, Poland, Italy, Germany and the Netherlands as well as the regular attendees from Sweden, Denmark, Norway and Finland.
New this year was a Cafe Racer class, which provided two of the three winning bikes, earning their builders an invitation and 2,000 euro in expenses to compete at the AMD World Championship of Custom Bike Building, taking place at INTERMOT in Cologne, Germany, in October 2016.