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James Bond Skyfall Honda CRF250R to be Auctioned for Charity

Honda is donating the modified CRF250R ridden by actor Daniel Craig in the James Bond thriller “Skyfall” to a charity auction benefiting disadvantaged children in the U.K. The modified Honda CRF250R is one of several lots in this year’s BBC Children in Need auction. The BBC‘s UK Corporate charity provides grants to programs across the U.K.

Piaggio Slashes Vespa LX125 Prices in India to Bolster Slow Sales

Piaggio launched its Vespa scooter brand at last January’s Indian Auto Expo to much fanfare but sales have fallen short of expectations. The Vespa LX125 launched in Indian showrooms in April as the first new Vespa scooter offered in the country in 13 years, but Piaggio has only sold about 25,000 units. That might seem like a lot, and would be, for the U.S.

Mahindra teaser video revealed

WE GAVE you the heads up last month on Mahindra Motorcycles' plans to enter the lucrative Indian motorcycle market - and here's a teaser video showing one of the company's machines on track in Italy. The Indian company will offer a variety of motorcycles, ranging from low-cost entry models to premium two-wheelers, said Anoop Mathur, the head of Mahindra’s motorcycle wing. The company is already an established scooter, 4x4 and tractor manufacturer.Despite their optimism, Mahindra is aware the company is moving into a competitve market, dominated primarily by Honda.