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India Raises Import Duty on Motorcycles to 75%

The government of India has laid out its budget for 2013-2014, increasing the import duty for large motorcycles. The news will impact several major manufacturers hoping to gain a stake in the world’s second largest motorcycle market. India has become the hotspot for manufacturers but one of the biggest obstacles they face is the duty India levies on luxury goods.

Ohlins Upgrades For Adventure/Dual-Purpose Bikes Now Available

Front-end upgrades are now available from Öhlins for Adventure bikes and Dual-Purpose motorcycles. The Öhlins FKA 100-series drop-in Cartridge Kits benefit from the lineage of Öhlins championship-winning road-racing kits, with applications for many mediumweight models of burly bikes. Tuned for riding long miles on difficult terrain, the Öhlins Cartridge Kits provide smooth comfort everywhere, from riding tame routes to crossing insane roots, from tarmac to terrain.

Triumph Reports 2011 Financial results

Triumph reported a 7% increase in unit sales and a 47.8% increase in operating profit for the fiscal year ended June 30, 2011. According to Triumph, the British manufacturer sold 48,684 units over the year, a 7% increase from the 45,501 units sold the previous year. Operating income totaled 22.3 million pounds (US$35.0 million), a large jump from the operating income of 15.1 million pounds (US$23.7 million) reported last year thanks to a more efficient use of working capital and reduced costs.