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Classic Japanese Bikes Highlight Bonhams’ Next Auction

Bonhams’ annual fall auction, the Classic Motorcycle Mechanics Show, at Stafford County Showground is scheduled for October 20, 2013. Included in the auction is the above pictured 1974 Kawasaki H1-RW 500cc triple. Expected to sell for approximately $96,000 to $112,000, the Japanese works Grand Prix racer is one of only two machines built by the factory for the French Kawasaki importer SIDEMM for use in the 500cc World Championship. The bikes were ridden during the 1974 season by the French endurance racing specialist Christian Léon and French-Canadian Formula 750 star Yvon Duhamel.

Piaggio Reports Q1 2013 Results

The Piaggio Group reported an 11.6% drop in net sales for the first quarter of 2013, the result of a struggling economy and unseasonably cold weather in Europe and a flatlining two-wheeler market in Vietnam. There was however some good news in North America, Vespa sales in India and a 27.8% increase in Moto Guzzi sales. According to the company’s first quarter report, Piaggio reported net sales of 303.4 million euros (US$396.8 million), down from net sales of 343.1 million euros reported the same quarter of 2012.

2012 US Motorcycle Sales Results – Industry Reports 2.6% Increase

The Motorcycle Industry Council reported a 2.6% increase in motorcycle sales in the U.S. market for 2012. According to the industry group’s figures, American consumers purchased 452,386 motorcycles in 2012 compared to 440,899 motorcycles in 2011.