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Honda RC213V-S Breaks Auction World Record

By General Posts

An as-new example of Honda’s RC213V-S has just broken a new world record, becoming the most expensive Japanese motorcycle ever sold at auction.

Hosted by specialist automotive marketplace Collecting Cars, the ‘MotoGP bike for the road’ sold for a remarkable total sales price of £182,500.

The rare superbike has never been ridden and remains in its original flight case, with just one mile on the odometer. Having never left its shipping crate, the bike is totally pristine with absolutely no damage or wear.

Created with a focus on light weight and agility, the RC213V-S is a road-legal MotoGP bike, built around a hand-fabricated aluminium frame with carbon-fibre body panels and titanium fasteners, resulting in a dry weight of just 170kg.

Powered by a 999cc four-stroke V4 engine, this 2016 model also features the full HRC Race Kit, which comprises a recalibrated ECU, a titanium exhaust system, a front ram duct, a race-pattern quickshifter, a data logger and a remote control cable for the front brake lever. These upgrades reduce the bike’s total weight by 10kg and increase power output from 157hp to 215hp.

Also fitted are some of the highest quality components available, including Ohlins TTX front forks, powerful Brembo brakes and forged magnesium Marchesini Racing wheels.

Edward Lovett, founder of Collecting Cars, said:

“Honda’s RC213V-S is a thrilling, exquisitely crafted machine, and this example attracted global attention and extremely competitive bidding on Collecting Cars. We are proud to have achieved yet another world-record sales price – this time for an incredible road-legal MotoGP that will be a jewel in the new owner’s collection.”

To find out more information on this lot, visit Collecting Cars.
https://collectingcars.com/for-sale/2016-honda-rc213v-s-1

Compared to traditional car auctions, Collecting Cars offers significantly better value for sellers and buyers alike. For sellers, the detailed photographic presentation and professional descriptions mean their car is showcased in the best possible way, and is marketed to a huge captive audience of passionate enthusiasts. Furthermore, there is no listing fee, and they receive 100% of the hammer price.

For buyers, the premium on auction lots is levied at just 5% + VAT – substantially lower than traditional auction houses, which typically charge 12% or more – and is capped at £6,000. On hammer prices above £100,000 this means that the buyer’s premium is even less than 6%.

About Collecting Cars:
Collecting Cars is an online auction platform that curates consignments from around the world and markets them to a global audience.

The streamlined and transparent process makes buying and selling cars, motorbikes, and automobilia via its online auctions one of the most effective and hassle-free ways of transacting.

To date, the Collecting Cars platform has sold more than 5,300 lots, and total sales value generated for sellers exceeds £191 million. The multi-national auction company has headquarters in London, and offices in Munich, Sydney, and Los Angeles.

More than 90% of sales since launch have happened without a physical viewing, underscoring the significant trust that Collecting Cars has earned among its customers.

Visit Website at: https://collectingcars.com/

New York State Assemblyman sponsoring a state DMV-approved Insurance Reduction Program

By General Posts

by Bronx Times from https://www.bxtimes.com

New York State Assemblyman Michael Benedetto will be sponsoring a state-approved Insurance Reduction Program on Saturday, Aug. 28, 2021, from 9 a.m.-4 p.m.

As a service to his constituents, New York State Assemblyman Michael Benedetto will be sponsoring a state DMV-approved Insurance Reduction Program on Saturday, Aug. 28, from 9 a.m.-4 p.m. The course is held at Fort Schuyler House, 3077 Cross Bronx Expressway.

Registration for this class begins on Monday, Aug. 16. To reserve a seat, please call Benedetto’s office at (718) 892-2235. The cost for this class is $30.

This 6-hour course will refresh your driving knowledge with a review of time-tested safe driving tips.

Those who complete the course will receive a reduction of approximately 10% from the base rate of automobile and motorcycle liability premiums each year for three years.

Bajaj made Triumph motorcycles launch in 2022 – Will also be exported

By General Posts

by Nithyanandh Karupp from https://www.rushlane.com

Could be called Bajaj Avenger 400 / 500 upon launch in India.

Over the years, Bajaj Auto has created a solid export operation which has proved to be quite useful when the domestic market undergoes a rough patch such as the ongoing one. About 40% of Bajaj Auto’s production is shipped out of the country to around 80 markets worldwide. With its partnership with British sportsbike brand Triumph, Bajaj is looking to further improve those export statistics.

The Pune-based two wheeler maker had announced a non-equity partnership with Triumph Motorcycles in August 2017 and is currently in the process of finalizing the finer details of the agreement. Things should start materializing from end-2019 and we are expecting the first product to be born out of this partnership to be ready in the next 3 years.

Bajaj will take the responsibility of manufacturing the products at its facility in a cost effective manner while its British partner will be in charge of engineering and development. Needless to say, the platforms developed under this partnership will spawn both Bajaj and Triumph branded motorcycles.

The made-by-Bajaj Triumph compact displacement motorcycles will be exported to several markets including the US, Europe and Japan. This was revealed by Rajiv Bajaj at a recent event in Delhi.

With small displacement sportsbike segment steadily gaining popularity across the world, adding Triumph to its production portfolio is expected to boost Bajaj’s already strong export operations significantly. Details regarding body styles and displacements of Bajaj-Triumph products are still under wraps but expect them cater to sub-500cc category.

With the KTM Duke and RC ranges, Bajaj Auto has successfully demonstrated its capability to manufacture compact premium motorcycles that can hold their own in international markets. With well established vendor base and know-how of premium product production, the company can easily manage compact displacement Triumphs. It is to be noted that Bajaj is also gearing up to manufacture and export Huqsvarna Vitpilen 401 and Svartpilen 401 street fighters.

Bajaj is also upbeat about the domestic electric two wheeler market which is expected to flourish in the coming years. The recently Chetak electric scooter will be spearheading the brand’s electric charge while more such products are in the pipeline. Bajaj is also developing an premium EV platform with KTM for international markets. Qute electric has also been spied on test ahead of launch.

Yamaha Expects India to Become its Largest Production Base in 5 yrs

By General Posts

Markets in Indonesia, Vietnam saturating; India priority No. 1, says top executive.

Japanese auto major Yamaha Motor Company (YMC) expects India to overtake Indonesia to emerge as its largest base in terms of production output in the next five years.

“India sells more than 20 million two-wheelers annually and the numbers are growing. Our company’s market share is in single digits. We want to improve this. There is a lot of opportunity,” says Yamaha India Chairman Shitara.

Two-wheeler sales in India increased 6.95% to 19,740,727 units till February this fiscal. In the same period, India Yamaha Motor’s sales remained largely flat at around 732,006 units. The company additionally exported 226,010 units.

Yamaha Motor India’s group chairman Motofumi Shitara was speaking on the sidelines of the launch of MT-15 priced at ₹1.36 lakh (ex-showroom, Delhi).

“India is priority number one for us worldwide. We aim to have production volume of 2.5 million units in India in the next five years,” he said.

Going ahead, Shitara said the company would steer clear of the mass segment and focus on launching premium motorcycles in the domestic market. The company has also commenced a study on introducing electric two-wheelers in India.

Shitara is currently defining the mid-term roadmap for the company till 2025 to lay the foundation on how the brand Yamaha takes shape the country. Apart from growing volumes, Shitara said a focus area for him is to project a strong image for the Yamaha brand in the local market.

Yamaha MT-15 was launched on Friday – a 155cc bike with liquid-cooled four-stroke engine mated to a six-speed transmission. MT-15 is priced at Rs 1.36 lakh ex-showroom. It has ABS and fuel injected variable valve actuation (VBA).

On the idea of electric motorcycles, the Yamaha Chairman says – “Three points are important, one is performance. Second, is price control. And third, infrastructure for battery charging. These three issues we should answer (for electric vehicles to take off)”, Shitara said.