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Honda Tuner Mugen Motorsports to Enter 2012 TT Zero Electric Race at Isle of Man

Engine tuning company Mugen Motorsports announced it will compete in the TT Zero electric motorcycle race at the 2012 Isle of Man TT. Though not officially a Honda company,Mugen was founded by Hirotoshi Honda, son of Honda founder Soichiro Honda, and the company is best known for its work as an engine tuner and parts maker for Honda vehicles. The Mugen entry to the TT Zero represents possibly the closest connection so far between a traditional motorcycle OEM and the relatively new realm of electric motorcycle racing.

46,061 Motorcycles Stolen in US in 2012

An average of 126 motorcycles were stolen in the U.S. every day in 2012, according to a report released by the the National Insurance Crime Bureau. That’s from a total of 46,061 motorcycles reported stolen that year a 1.3% improvement from the 46,667 motorcycles reported stolen in 2011.

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.