growth

Firing all barrels with Royal Enfield Shotgun 650

Even with production at the company’s Oragadam factory outside Chennai running flat out for six days a week, there are waiting lists everywhere for the 650cc models such as Super Meteor, Continental GT and Interceptor —  as production struggles to keep up with demand. Yet Royal Enfield’s parent company Eicher Motors (albeit RE accounts for 92% of its overall turnover) just reported a huge 54.70% increase in net profit last November for the second quarter of its business year, with turnover up 17% on the back of a 13% increase in Royal Enfield sales. The 650cc models have catapulted the Indian manufacturer into a leading role in the global middleweight motorcycle market. This desirable problem of meeting motorcycle sales demand is expected to worsen with launch of 2024 Shotgun 650. In U.K., base model Sheetmetal Grey color will cost £6,699 including 20% tax, while the Plasma Blue and Green Drill variants are priced at £100 more, the Premium model in Stencil White costs £6,899. In comparison, 2024 units of the Super Meteor 650 start at £6,799, and in America, it starts at US$6,999. If Royal Enfield keeps such narrow margins with U.S. pricing, you can expect something just above $7k. At fairly low 9.5:1 compression ratio it denotes a low state of tune, most likely to ensure it runs well even on poor-quality fuel in delivering a claimed 51.6 mpg. Rigorous testing regime conducted simultaneously in India, Europe, the USA and the UK are unique to Royal Enfield. You will have a motorcycle that has been there and done that in the real world and not just under “test conditions” Media test riders have praised the tremendous improvement in handling and performance over Super Meteor 650. Shotgun is a incredibly good motorcycle, providing an unexpectedly high level of performance along […]

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Royal Enfield aims to roll out uniquely differentiated electric bikes: CEO

with inputs by PTI and https://economictimes.indiatimes.com Iconic motorcycle manufacturer Royal Enfield is investing for development of differentiated electric motorcycles in India, said CEO B Govindarajan. Interestingly, the company is also creating a supplier ecosystem around its Chennai-based plant, funded by a capital expenditure of INR 10 billion in the current fiscal year. Royal Enfield has commissioned a very capable team and has started commitment of very deep investments in terms of product development, product strategy and in the product testing and development area, he added. Further, the CEO noted that the company has made a strategic investment in electric Stark Future EV company and now teams from both companies are working well. “Currently, we have laid a robust long-term product and technology roadmap on electric vehicles and towards developing the supplier ecosystem – its our focus as of now,” Govindarajan noted. When asked about network expansion in the domestic market, Govindarajan said the company currently has about 2,100 retail outlets across India, a mix of studio stores and dealership outlets. * * * * * * * * * * * * Stay updated, stay ahead of the curve. Sign up for the Weekly Newsletter from Bikernet Blog for free.

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Financial Weightage of Light-Weight Motorcycles

Volume Sales, Fuel-efficiency, On-road manoeuvrability A decade ago, almost all manufacturers released fairly uninspired, derivative lightweight motorcycles that fit the commuter model, and sold like hot cakes irrespective of lacking common features in American bikes. Not to mention they were fugly like Satan’s spawn. They would make the mid-weight class look like a run-of-the-mill hack job, with the primary focus on cutting costs wherever possible. Thankfully, Royal Enfield changed all of that and stepped up its game with each new model release. Click here to read this global report on emerging motorcycle market. * * * * * * * * Follow the leader, click to subscribe to Bikernet’s Free Weekly Newsletter.

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Harley Financials and Growth Prospects for 2023

by Bandit I’m not a financial advisor. I’d rather build another motorcycle than chase the stock market. But take a look at my portfolio. I have maybe 20 motorcycles, one triumph, one Indian (I had two but traded my ’46 for a ’50 bobbed Panhead). What does that tell you? I’m a Harley guy. All bikers have a special relationship with Harley-Davidson. The question always is: Does the factory respect and embrace that relationship? So, the final quarter, yearend financials surfaced, but they weren’t posted like they were in the past, you had to ask for them. However, the factory slipped into the mainstream media spotlight leading into 2023, in some troubling ways, and others indicate positive growth. Click here to read this Special Report only on Bikernet.com * * * * * * * * * * * * * * * * Follow the lead, get membership to Bandit’s Cantina. View your options now, click here.

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New Petrol Motorcycles still getting launched in India?

A motorcycle major has launched a new model to compete in mid-segment motorcycles below 750cc. Even as Electric two-wheeler and four-wheeler demands keep increasing, why would people still want some ICE engines? How & why global net zero emissions and electrified vehicles cannot be achieved as simply as signing international agreements? Apart from few options to generate electricity, its not really developing nations’ vehicles that consume most fuel. READ the full Article with examples at Bikernet.com – Click Here Editor’s Note: Views expressed or reported in the Article are those of the author alone. * * * *

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Five Motorcycle Sales Trends Shaking the Vintage Market

Prices for classic motorcycles are changing by James Hewitt from Hagerty.com There’s a Hagerty Motorcycle Price Guide that uses thousands of transactions to track values on 9751 motorcycles. Here are five trends that stood out to us in the most recent update, released in June. The smart take in the motorcycle community of late, much like for cars, is that a full-on, concours-level restoration rarely pays — at least financially speaking. Click Here to Read the full Feature Article. See Photos of the Motorcycle Brands & Models. STAY UPDATED With All Motorcycling & Industry Events, News, Updates, Products, Reviews and More. Simply Click & Subscribe to Bikernet’s FREE Weekly Newsletter.

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Mustang Seats Acquired by Veteran-founded Investment Firm

Mustang Seats Acquired by Veteran-founded Investment Firm LDR Growth Partners New Growth-Oriented Owners Will Invest in Company’s Factory Operations, Marketing Programs and Presence with Customers Three Rivers, Massachusetts – April 4, 2022 – LDR Growth Partners today announced the acquisition of Mustang Motorcycle Products LLC, maker of Mustang Seats and related motorcycle accessories, in a private transaction closed last Friday. Mustang, known for high-quality, handmade motorcycle seats, was founded in 1980 near Three Rivers, MA, where the company maintains factory operations. Mustang was purchased out of Motorsport Aftermarket Group, owned by a group of investors, led by Monomoy Capital Partners. “Mustang Seats presents a tremendous opportunity for us at LDR,” said William Brame, partner at LDR and co-head of its acquisition business. “Our unique approach is in providing growing companies the resources they need to continue to expand while identifying areas for new value creation. We’ll invest in people, technology, and the machinery the company needs to help deliver the iconic Mustang Seats to motorcycle riders looking for our products domestically and internationally.” Mustang employs 85 people in a historic facility in Three Rivers. The company was founded by Al Simmons and named after the legendary P51 military aircraft from World War II. Mustang designs and manufactures a variety of styles of seats, with fitments for all major brands of motorcycles. The company also offers rider and passenger backrests and seating-related products. LDR Growth Partners is a private investment firm focused on acquiring and growing unique, cash flow generating businesses in the manufacturing, industrial products, and transportation sectors. The company currently owns and operates Whitman Controls, a 50-year manufacturer of process automation controls with large, multinational customers across a range of industries. LDR, founded in 2011 by three US Army officers, is also the owner of LDR Advisory Partners and

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Women and Growth in Gun Ownership & Firearms Industry

Contributions American women make to the firearm and ammunition industry – past, present and future by Larry Keane from www.TheTruthAboutGuns.com March is Women’s History Month and there’s no better opportunity to celebrate the contributions American women make to the firearm and ammunition industry – past, present and future. Women have accounted for 40 percent of firearm sales over the past two years. Click Here to read this Feature Article on Bikernet.com Check Out our “Celebrate Women” section – Click Here

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Discovery of huge fuel-can stash reveals 500 rare artifacts

from https://www.hagerty.com by Charlotte Vowden A shedload of surprises: Discovery of huge fuel-can stash reveals 500 rare artifacts Editor’s note: In the interests of preserving the authentic whiff of petrol that pervades this remarkable story from our U.K. colleagues, we have made only slight concessions to an American lexicon. All quotations remain untouched. Alan Pooley’s pursuit of petroliana was purely sentimental, but the collection of more than 500 automotive artifacts that he amassed during three decades of buying for love not money is so remarkable that it could fetch up to £65,000 (roughly $88,600) at auction. Including over 250 oil cans, 60 two-gallon fuel canisters, and dozens of enamel signs, oilers, and pourers, it is set to go under the hammer later this year. “The important thing about this collection is that it is completely fresh to the market, but the exciting bit about it is that no one really knew about it,” says Tom Godsmark, an associate and vintage specialist at Cheffins auction house, the agency managing the sale. “It’s a big collection in terms of scale, but it’s the extensiveness that’s so interesting because it ranges from little items such as lapel badges, old match boxes, and advertising pencils for Rudge bicycles to a fully restored petrol pump.” Among the pieces which the late Mr. Pooley carefully stored, restored, and displayed in sheds at his home in Norfolk is a two-gallon fuel can that, to the untrained eye, stands out because of the large lightning bolt and bold lettering embossed on its side. Those in the know will recognize it as one of the few surviving examples of a limited-edition run of Shell Racing cans that were produced in the 1930s. With an estimated value of £400 to £600 (approximately $545–$818), it’s one of the rarest pieces of

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Zero Motorcycles Announces Early Release of All Electric Motorcycles

by Benny Kirk from https://www.autoevolution.com If you thought the world of motorcycles would be exempt from the all-electric revolution, it seems that prediction is just plain false. Zero Motorcycles, makers of electric bikes for 15 years, is going to have a real challenge keeping up with demand it seems. The Santa Cruz, California-based EV manufacturer announced it’s going to release several of its 2022 electric bike models ahead of schedule to satiate what they called “unprecedented demand”. Including the model year 2022 S street motorcycles, DS, and DSR dual-sport models. Zero Motorcycles claims this dramatic uptick in demand for electric bikes is partially due to lockdown restrictions from the latest public health crisis finally being lifted, creating a surge of riders chomping at the bits to get back on the road again. This desire to get bikes on the road before the end of the 2021 riding season is the main impetus for this change of pace. The company also claims that demand in the electric motorcycle category far outpaces the demand for traditional internal combustion-powered motorcycles. While this claim can not be verified, the industry-wide shift from petroleum to electric drive in cars over the last five years makes this a more agreeable claim. Zero’s line of motorcycles coves a wide range of different motorcycle categories, including normal street bikes, street racing bikes, supermoto, and even motocross. The company touts performance specs like a top speed of 98 miles per hour (158 kilometers per hour) and a range of 82 miles on its 2022 Zero S street bikes. With stats like those, it’s no wonder demand is skyrocketing. It would still no doubt be difficult to persuade most die-hard motorcycle fans on board with the idea of a street bike that makes zero noise whatsoever. But with governments worldwide

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