Milwaukee, WI — The all new Harley-Davidson® 2018 Sport Glide™ debuted at the EICMA motorcycle show on November 7th. The new 2018 Sport Glide™ is making big waves in the motorcycle industry. The Sport Glide™ features the new Milwaukee-Eight 107 V-Twin engine. The V-Twin is considered to be one on the best motors available on the market right now. The Sport Glide™ model is set to be considered a strong addition to the 2018 motorcycle lineup.
ChopperExchange, the largest American V-twin motorcycle classifieds website in the United States, released their 2017 American V-twin Industry Pricing Report. The report compares data gathered from roughly 100,000 motorcycle listings on their website from 2016 Q3 – 2017 Q2. The data consists of listings from all American V-twin brands, but like the market the data is concentrated on perennial powerhouse brands like Harley-Davidson® and Indian® Motorcycles.
The report shows a softening in demand within the American V-twin market within the past year. Asking prices have fallen by 1.5% and 1.2% for used and new bikes, respectively. Additionally, selling prices for all American V-twin motorcycles have fallen by 9% year-over-year. This is mostly driven by the pre-owned segment, where the spread between asking and selling price has increased to 15%. ChopperExchange has also seen a decrease in length of time to sell each motorcycle, and they now report that among those motorcycles that sell, half are sold within 66 days.
Read the full report at here: ChopperExchange Releases 2017 American V-twin Industry Pricing Report
Boston, MA — The Massachusetts Motorcycle Association (MMA) is supporting two bills in the State of Massachusetts. Both bills would help bikers by increasing their rights on the roads. In the State Senate, S 1923 would repeal the existing restriction on motorcycle riders to wear a helmet. They also would like too see H 2752, a State House bill, pass that increases fines for violating the right of way, which increase the dangers that bikers are exposed to on the roads.
Milwaukee, WI — The Street Rod™ from Harley-Davidson® is hitting the drag strip at the NHRA Summer Nationals. The drag racing event will take place June 8th – 11th at the Old Bridge Township Raceway Park.
Munich, Germany — The new concept vehicle is the BMW Motorrad Concept Link. It is a zero-emission urban-styled motorcycle, and it is being presented at Concorso d’Eleganza Villa d’Este. BMW’s goal for the two-wheel design is to fuse digital connectivity with urban mobility.
Springfield, MA – Indian Motorcycle, which is owned by Polaris (Unfortunately, we could not get stock quote NYSE:PII this time.), has just added a Limited and Elite model option to their 2017 Chieftain touring line of motorcycles. The Chieftain line is known for its styling and handling, and these two additions will be the most expensive in this premium line of bikes.
The Chieftain Limited starts at $24,499, and Indian says it was “built from the tires up to garner attention and respect.” The bike features a custom painted body, a sawed-off open fender, and 19″ wheels. The Chieftain Elite will be a very limited production run that starts at $31,499. The bike will be the highest-end offering in the Chieftain line, and each unit will be a truly one-of-a-kind motorcycle with its hand-painted body.
Charleston, WV — If you’re a West Virginian and you prefer to ride sans helmet you may be in luck soon. The current law, W. Va. Code § 17C-15-44, requires all motorcycle riders to “[wear] securely fastened on his or her head by either a neck or chin strap a protective helmet designed to deflect blows, resist penetration and spread impact forces.” However, this may be changing in the near future if two State Senators, Mark Maynard and Sue Cline, have their way.
On March 8th, Sen. Maynard and Sen. Cline introduced SB 549 to “[allow] individuals at least 21 or older operate or ride motorcycle without helmet.” The bill, if passed, would require riders who opt not to wear a helmet to meet certain other requirements. Namely, a rider would need to have two years riding experience or have to complete a motorcycle safety education program. There is also a medical insurance requirement, but the exact requirements are not included. Other states with insurance requirements, usually require at least $10,000 – $20,000 in coverage. These strict requirements look similar to Michigan’s law that was passed in 2012. It would make West Virginia, along with Michigan, the two most onerous states in terms of helmet laws, other than those states that mandate everyone wear helmets.
Milwaukee, WI — The Street Rod™ is joining the Harley-Davidson® Street™ family of motorcycles in 2017. The bike is an agile and powerful bike that is perfect for maneuvering through traffic. It features both excellent performance and Harley-Davidson’s Dark Custom™ styling.
Woodcliff Lake, NJ — BMW has released pricing for several of their 2017 models including the all new R nineT Racer and R nineT Pure. Many of the models mentioned will be available in showrooms starting in February and March of 2017, and most of the prices have remained similar to 2016 pricing with increases in the $200 – $300 range.
Minneapolis, MN — Polaris Industries announced on Monday, January 9th, 2017 that it would wind down its Victory Motorcycles brand and related operations. Polaris will assist dealers liquidate their remaining motorcycles. Parts, service, and warranty coverage will continue to be offered to dealers and owners for the next ten years.
Over the past 18 years, we have invested not only resources, but our hearts and souls, into forging the Victory Motorcycles brand, and we are exceptionally proud of what our team has accomplished.
Victory has struggled to establish itself within the motorcycle market and be profitable. Given this, the requirements that would be necessary to overcome these hurdles, and the strong potential for their Indian Motorcycle brand, Polaris decided that shutting down Victory and focusing their energy elsewhere was the best decision. Polaris now hopes to focus their global motorcycle business around their Indian Motorcycle and Slingshot brands.