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Moto blog

All 50 States Ranked For Highest Motorcycle Ownership Per Capita

In a recent study done ranking each of the 50 states (and the District of Columbia) by motorcycle ownership per capita, South Dakota ranked the best. There are a total of 69,284 motorcycles registered in the state, according to the Department of Transportation, and with a total population of 816,598, when you do the math, there’s roughly 12 people in South Dakota for every motorcycle. Considering South Dakota is the home of the Sturgis rally, its ranking on this list may not be much of a surprise.

Polaris Reports Q3 2012 Results

Polaris reported a record third quarter including a 78% year-on-year increase in on-road vehicle sales, most of which is from Victory Motorcycles. According to the Minnesota company’s third quarter report, Polaris recorded a profit of $94.3 million in the three months ended Sept. 30, 2012, compared to a profit of $67.6 million reported in the same quarter of 2011.

Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.