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Intermot 2012: Yamaha Unveils Crossplane Triple Concept

Yamaha announced it is developing a new three-cylinder engine using a crossplane crankshaft inherited from the company’s YZR-M1 MotoGP bike and its YZF-R1 sportbike. Yamaha says the new Triple will play an important role in the company’s future. The Japanese manufacturer unveiled a concept sculpture with the new three-cylinder engine at the 2012 Intermot show in Cologne, Germany.

US Motorcycle Thefts Down 6% in 2011

Americans reported 46,667 motorcycle thefts in 2011, a 6% decrease from 49,791 stolen motorcycles in 2010, reports the National Insurance Crime Bureau. Despite the drop in reported thefts, the non-profit organization representing nearly 1100 property and casualty insurance companies says the theft rate still averages out to one motorcycle stolen every 11 minutes in the U.S. The numbers were published in the NICB’s 2011 ForeCAST Report which examined theft reports as well as recoveries.

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.