Honda Motor Co. announced its forecasts for the fiscal year ending March 31, 2012. Left out of Honda’s previous fiscal report because of the uncertainty created by the March 11 earthquake, the 2011-2012 forecast predicts a 63% decrease in net income compared to the 2010-2011 results. Honda forecasts a net income of 195.0 billion yen […]
Ural Sales Increase 39 Percent In 2011
Ural, the funky motorcycle sidecar manufacturer from Russia, is boasting a 39% increase in unit sales for 2011. Considering the company’s total expected output for last year was approximately 1,100 models, you won’t notice an influx of sidehacks dominating your local roadways, but this is really good news for the small manufacturer of eclectic two-wheelers, especially in the midst of a deficient economy.
“Being the only sidecar manufacturer in the world, Ural has experienced an increased demand from all age groups, “ says Ural CEO Ilya Khait. “Mature riders are interested in sidecars because of the added stability, and the unique opportunity to share the ride with their family members. The younger urban crowd is also getting into sidecars in their search for practical transportation and their desire for something unique — an experience and identity — they can associate with their own lifestyle.”To service its expanding customer base Ural is increasing its dealer network by 25 to 30 dealers in 2012.
In other Ural news, the company is relocating its North American operation in Redmond, Washington, to a larger facility. Ural also appointed Chuck Schram, former Dealer Developer for Piaggio, to the position of Director of Dealer Development, and Jon Bekefy, previously employed by Ducati and LeoVince, to the position of Director of Strategic Marketing Communications.