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Mahindra and Mahindra (M&M) plan to produce superbikes in India and are now in discussions with Triumph and Moto Guzzi.
Mahindra motorcycle wing , Mahindra Two Wheelers also plan to launch new110-125cc motorcycles soon.
The 110-125cc motorcycles are designed by Mahindra with an Italian company andcSYM of Taiwan. Mahindra currently produces scooters only.
Bajaj to raise stake in KTM to 90%
Rumours that Bajaj is to takeover KTM of Austria is set to be realised. Bajaj has been offered to take over 90% stake in KTM..
However Bajaj has yet to finalised the offer. Bajaj is said to take up 51% state initially and when the final takeover will materialised is yet to be announced.
Buell Motorcycles
Earlier we carried the news that Harley Davidson will be closing the Buell plant. Now we hear that liquidation sales of all parts and equipment at the plant will be held on 28th January 2010. Since production began 26 years ago Buell had produced 130,000 motorcycles. Fans will be sad to see it all go. If you want a piece of history then you need to head to the US and make a bidding for anything youfancy like tool, equipment, engines, mudguards , tanks, computers and special testing equipment. In fact they are just too many to list.
The liquidation sale starts January 28th at the Buell Factory at 2815 Buell Dr, East Troy, WI. It is open to the public everyday until everything is sold. Hours of operation are 10am till 7pm Monday thru Saturday and 12noon to 5pm on Sunday. Buyers may view photos and inventory online at www.LiquidAssetPartners.com.
The six founding members of ASEAN imposezero tariffs on 7,881 goods traded amongst themselves recently which may be asign of better economic prospects both producers and consumers.
The elimination of tariffs by Brunei,Indonesia, Malaysia, the Philippines,Singapore and Thailand meansa step closer to an integrated ASEAN economy. The other ASEAN members will impose zero tariffs in 2015.
Zero tariffs means products can be imported/exported amongst themselves at nocost. Whether it will mean a free flow of goods and also whether we will see cheaper bike prices are yet to be seen.
The six founding members of ASEAN imposezero tariffs on 7,881 goods traded amongst themselves recently which may be asign of better economic prospects both producers and consumers.
