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Friday From DC – Bikers Take The Hill

This week bikers from across the nation descended on Capitol Hill. The 2024 Motorcycle Riders Foundation’s (MRF) Bikers Inside the Beltway was the largest in the 15-year history of the event! Motorcyclists from 37 states made the trip to Washington, D.C. to advocate for issues that matter to the street rider. The list of policy concerns was long! Issues include: Right to Repair, Preserving the Internal Combustion Engine, Profiling of Bikers, Autonomous Vehicles, Ethanol Mandates and the Definition of a Motorcycle. For the second year in a row, all 435 members of the House of Representatives and 100 Senators received an informational packet from the MRF. The packet explains who we are, what we’ve done, and what we want. From Alabama to Wyoming and all the states in between, the MRF knocked on doors and shared our legislative priorities. The nearly 200 bikers who came to Washington, D.C. represented a diverse set of groups. State Motorcyclist Rights Organizations (SMRO), Sustaining Clubs, the National Council of Clubs (NCOC) and the National Coalition of Motorcyclists (NCOM) were all represented as part of the MRF event. Showing up matters. While it is important that lawmakers hear from us, it is also important that they see us. Every year there is a buzz that occurs on Capitol Hill when hundreds of bikers roam the Halls of Congress. The visual of so many motorcyclists united for a common cause is a powerful part of the annual event. The MRF is committed to being your voice in Washington, D.C. We have had a presence in town since 1986 and we are not going anywhere! We are and will remain, the voice of the street rider in our nation’s capital. Thank you to all the motorcyclists who made the journey to D.C. It is never too early […]

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TVS overtakes Yamaha’s Market Capitalisation

TVS overtakes Yamaha’s Market capitalisation to become third-largest two-wheeler maker in the world. The market capitalisation (Mcap) of Chennai-based (India) TVS Motor has surged 37% to $9.2 billion over the past six months, as per Bloomberg’s data. In contrast, Yamaha Motor saw an Mcap erosion of $1.6 billion from its August highs. Only seventeen months ago, TVS Motor Company was less than half the size of Yamaha Motor Co. Now, it has overtaken the Japanese two-wheeler giant in terms of market valuation. Investors continue to bet on a revival in both domestic and export markets, and TVS seemed the horse of choice, symbolic of its logo. BTW, Indian two-wheeler manufacturers make up four of the top five companies in the world. Bajaj Auto tops the list with a Mcap of $19 billion, followed by Eicher Motors with an $11.5 billion Mcap. Hero MotoCorp ranks fifth with a market valuation close to $8 billion. Additionally, TVS Motors has gained dominant position in EV scooters, and has managed to gain market share in every segment over the last few years. TVS makes the 310cc BMW engines and motorcycles sold in India. TVS also owns the Norton brand. US-based Harley-Davidson ranked seventh with an Mcap of $4.3 billion, three Chinese manufacturers are featured among the top ten two-wheeler makers in the world. * * * * * * * * Stay on top of the two-wheeled world, subscribe to Bikernet.com free weekly newsletter

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