Honda is issuing a recall for the 2001-2010 and 2012 Gold Wing due to a problem with the combined braking system. The recall campaign affects 126,000 units sold in the U.S. over the past decade. According to Honda, the Gold Wing may experience rear brake drag even after the rider releases the brake. The problem […]
Lehman Trikes Suspends Operations – Company Future in Doubt
Lehman Trikes has suspended all operations after failing to find investors for its motorcycle trike conversion kit business.
The Spearfish, S.D., company says it needs an injection of capital in order to continue producing trikes. According to the Milwaukee Journal-Sentinel, Lehman Trikes laid off some workers late in 2011 while the company sought new investors. That search was unsuccessful, leading the company to shut down operations while it seeks other avenues for new capital.
While the search for new funding continues, the company says there is no guarantee it will find enough to re-open operations.
It has been a rocky few months for the Lehman Trikes. The company’s founder, John K. Lehman, passed away suddenly in January.
[Source: Lehman, JSOnline]
Lehman Trikes Founder Passes at 60