AMD 252 July 2020 American Motorcycle Dealer 252 July 2020 | Page 18

Sources: AMD, IDN, FT, Reuters, PSB, MPN, B&B, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news NEWS BRIEFS BRP has announced closure of Evinrude outboard engine production. Q1 results (period to end of April 2020) show revenues down by -7.8% to CAN$1,229.8m; North American retail sales decreased by -1%; gross profit decreased by -21.8% to CAN $235.1m. PSB reports that BRP has followed the route taken by Polaris and Harley-Davidson to strengthen its balance sheet and liquidity - with an incremental CA$600m term loan maturing in May 2027. This adds to the CA$700m it has available under its revolving credit facility. Avon Tyres has been hit by a recall (on both sides of the Atlantic) for 655 of its new in 2018 Cobra Chrome custom tires. The problem appears to be a potential rapid loss of pressure caused by a manufacturing error. Some interesting 'Factoids' in a release announcing Pro Italia Motors (Bill Nation) of Glendale Ca. as Italian electric sport bike manufacturer Energica's latest new dealer in USA. Some 10% of all US motorcyclists are in California; six out of ten electric vehicles in the U.S. are driven by Californians, which today are 5.5% of all registered passenger vehicles in the state, versus less than 2% for the country overall; 2019 US EV sales dropped -9% but grew in California by +5% in 2019; California has 26,000 EV charging outlets – a third of all those in the US and is investing $2.1bn to expand that network to support the ambitious goal of replacing 5 million ICE vehicles in Ca. with electric by 2050. MotoAmerica has announced that Öhlins has signed on as a sponsorship partner for the rescheduled 2020 Series. "I have a long history with Öhlins," said MotoAmerica President Wayne Rainey. "I raced with them throughout my GP career and won all three of my World Championships using their suspension. I've always had a great relationship with them, and I'm really pleased to have Öhlins on board as a sponsorship partner of MotoAmerica." The Final King? Unless we have misinterpreted news released in Europe, Harley-Davidson appears to have decided to retire its Battle of the Kings dealer-build custom competition and has done so with an online shootout between 15 (or was it 18?) prior winners. The nominated platform was the Sportster, and some 50,000 votes have given the 'King of Kings' #1 plate to Harley- Davidson Querétaro, Mexico, with their stunning 'Apex Predator' - described as "their vision of the ultimate Sportster XR1200." "The Querétaro team's mantra for the design was "Born to attack without a challenge - born to live without rival" - with styling highlights including a handcrafted 2-1-2 under seat upswept exhaust, combined with a vented, handbuilt tail unit to accommodate it, "creating a flowing line from the wave brake disc rotors and upside-down Showa big piston forks at the front." "The clean, uncluttered front end uses the LED Daymaker headlamp from a Harley- Davidson Breakout; the bike's lines and design are uninterrupted by the TFT flat panel dash taking nothing away from the design. The bike also boasts a collection of custom hand and foot controls, paired with the hand-finished Alcantara seat unit. Additional bespoke bodywork incorporates the twin air intakes complementing the stance of the bike." The grand final runner-up was Harley-Davidson Athens, Greece, with a Roadster-based submission 'Gryps', followed in third place by the UK's Sykes Harley-Davidson with a 'Choo Choo' build. Special commendation was given to Harley-Davidson Thunderbike, who were awarded the H-D Styling Team Pick by Brad Richards, VP of Styling and Design at Harley- Davidson Motor Company, for 'Emperor'. Special commendation was given to Thunderbike Harley-Davidson in Germany, awarded the H-D Styling Team Pick for 'Emperor' by Brad Richards, VP of Styling and Design at H-D. Harley-Davidson Querétaro, Mexico, won with its stunning 'Apex Predator'. Second place, Harley-Davidson Athens, Greece - 'Gryps' Third place, Sykes Harley-Davidson, UK - 'Choo Choo' 18 AMERICAN MOTORCYCLE DEALER - JULY 2020