Bandit’s Cantina Episode 98: Mandate Madness Trying Business Survival in Los Angeles By Bandit with George Fleming and Jon Towle Illustrations Between Covid and multiple mandates, the Cantina business model imploded. It was no longer about food and parties. It was all about survival. Every Monday morning the staff met to discuss how to get through the next week. More and more young loners came to the Cantina to help or hide out. Walker’s Café on Pt. Fermin closed after almost 70 years as a coastal biker hangout. Between break-ins and anti-fossil fuel zealots Bikers were no longer allowed to ride along the scenic winding coast. Brothers who needed cash sold extra parts in a small swap area in the Cantina garages. Some gave parts to the Cantina to sell to pay the bills, others brought stuff to sell and split with the Cantina. CLICK HERE To Read Latest Episode of Bandit’s Cantina – The Series. Join the Cantina to catch-up on this incredible journey. Click Here to Sign-up before the 100th Episode Milestone.
by Felicity Donohoe from https://www.pressandjournal.co.uk UK motorcycle sales have shown a healthy post-pandemic recovery with figures revealing a fresh enthusiasm for purchasing new machines – including EVs. Recent data from the Motor Cycle Industry Association shows that 13,398 units were sold in May 2021, an increase of 148.4% compared with May 2020, with sales topping 43,242 for the first five months of this year and across all segments. Adventure Sport and Naked categories were up 242% and 197% in sales (2,449 and 4,567 respectively) in May but EVs have found a place in the revived market, seeing 509 sales in May 2021 compared to 119 sales last May. The sales reflect the interest in alternatives to cars and public transport solutions, along with the financial, environmental and practical benefits that riding offers. Tony Campbell, CEO of MCIA said: “May’s figures are against a time in 2020 when the first wave of the pandemic had hit. We forecast a positive summer for the sale of PTWs (powered two wheelers) and associated products as restrictions ease, and the backlog of those awaiting CBT and testing reduces. “As life returns to normal and people return to their leisure pursuits we’ll be ensuring our close links with Government consider PTWs at every opportunity.” Top 10 motorcycle sales May 2021 Honda: 2,392 Yamaha: 1,717 Triumph: 1,133 BMW: 1,009 Kawasaki: 810 KTM: 652 Lexmoto: 418 Harley-Davidson: 404 Royal Enfield: 397 Ducati: 388
by Bloomberg from https://auto.economictimes.indiatimes.com The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China to the rest of the world, many companies anticipated people would cut back as times got tough. To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver. Hundreds of different kinds of chips make up the global silicon industry, with the flashiest ones from Qualcomm Inc. and Intel Corp. going for $100 apiece to more than $1,000. Those run powerful computers or the shiny smartphone in your pocket. A display driver is mundane by contrast: Its sole purpose is to convey basic instructions for illuminating the screen on your phone, monitor or navigation system. The trouble for the chip industry — and increasingly companies beyond tech, like automakers — is that there aren’t enough display drivers to go around. Firms that make them can’t keep up with surging demand so prices are spiking. That’s contributing to short supplies and increasing costs for liquid crystal display panels, essential components for making televisions and laptops, as well as cars, airplanes and high-end refrigerators. “It’s not like you can just make do. If you have everything else, but you don’t have a display driver, then you can’t build your product,” says Stacy Rasgon, who covers the semiconductor industry for Sanford C. Bernstein. Now the crunch in a handful of such seemingly insignificant parts — power management chips are also in short supply, for example — is cascading through the global economy. Automakers like Ford Motor Co., Nissan Motor Co. and Volkswagen AG have already scaled back production, leading to estimates for more than $60 billion in lost revenue for the industry