2014 Indian Chieftain® on 2040-motos

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Moto blog

Piaggio Reports First Half 2011 Results

The Piaggio Group reported slight increases in net sales and net profit over the first six months of 2011 compared to the same period in 2010. Net sales increased 1.1% to 830 million euros (US$1.19 billion) over the first six months of 2011, compared to 820 million euros (US$1.18 billion) in the first half of 2010. Piaggio reported a net profit of 33.3 million euros (US$47.9 million), a slight increase from the net profit of 33.1 million euros (US$47.6 million) reported last year.

Hybrid Motorcycle Gets 282 MPG

The ET-120 is the hybrid version of the Strike EV that was released earlier by Eko Vehicles based in Bangalore, India and claims to be the first hybrid motorcycle in the world.  The new hybrid bike will feature a 70cc gas engine and electric motor that will get 120 km/l or about 282 mpg in hybrid mode, has a top speed of 40 mph but the power and torque will be equivalent to a 120cc engine. More info and a press release after the jump. The price will be around $850 U.S.

Polaris Reports Q2 2014 Sales Results

The relaunch of Indian Motorcycles continues to be a resounding success for Polaris Industries, helping the company report a 107% increase in second quarter revenue from motorcycle sales. Polaris reported revenues of $103.1 million in the quarter ended June 30, more than double the $49.9 million in revenue reported over  the same quarter last year. Polaris continues to see strong demand for Indian, which relaunched last summer, while demand for Victory decreased by the mid-single digits.