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Third Annual ‘The MEET’ at ACM

More than 2,000 attendees visited America’s Car Museum for its 3rd annual Vintage Motorcycle Festival ‘The MEET’ last weekend in Tacoma, Washington, where over 300 motorcycles and scooters were showcased on the Haub Family Field at LeMay. The event drew pre-1981 motorcycles and scooters from the U.S. and Canada, including an antique motorcycle display, swap meet, cruise-in and a 78-mile roundtrip tour from ACM’s Anderson Plaza to Mt. Rainier.

Suzuki Reports Q1 2013-2014 Results

Suzuki reported an 18.5% increase in net sales from its motorcycle business in its first quarter ended June 30, 2013. Suzuki reports sales of 70.5 billion yen (US$710.1 million) from its motorcycle business, an increase from 59.5 billion yen reported in the same quarter last year. Unfortunately, despite increasing revenue, Suzuki’s motorcycle operations still remains in the red, operating at a loss of 2.7 billion yen (US$27.2 million) compared to a loss of 3.5 billion yen in the first quarter last year.

Piaggio, Suzuki Hit with Fines by CARB

The California Air Resources Board has agreed to settlements with Suzuki and Piaggio for selling motorcycles that the companies did not disclose could be modified to exceed the state’s strict emission standards. Suzuki was hit with the larger of the two penalties, agreeing to a fine of $3,020,000, though the amount could be reduced by $1,812,000 if Suzuki follows certain provisions. The penalty is in addition to the previous fine of $885,000 levied by the Environmental Protection Agency for selling 25,396 LT-R450 ATVs and 62 RMX450Z dirtbikes with a racing map programmed into their ECUs that was not certified or tested. This racing map is not initially accessible to customers, unless they buy aftermarket devices to unlock the higher-performance engine mapping.