Hogs roar. Ninjas scream. The Mission One just flies.
A fledgling San Francisco company called Mission Motors unveiled an all-electric motorcycle Wednesday at the TED conference in Long Beach, Calif. Called Mission One and designed by hotshot Yves Behar and his firm, fuseproject, the bike is both beautiful and fast. At a top speed of 150 miles per hour, it would be the fastest production electric vehicle of any type…Â More info
Despite a weakened motorcycle market, BMW Motorrad USA reported a gain (0.6 percent) in 2008 sales compared to 2007.
Following a strong performance during each of the last six consecutive months, BMW motorcycle sales outperformed overall U.S. motorcycle sales, which dropped more than seven percent last year. Both retail and wholesale performance during October 2008 established all-new BMW Motorrad USA records… More Info
Billionaire investor Warren Buffett’s Berkshire Hathaway Inc. agreed to buy $300 million of debt from Harley-Davidson Inc., the biggest U.S. motorcycle maker, adding to holdings of corporate debt as yields rise.
Berkshire will get 15 percent interest on the senior unsecured notes, Milwaukee-based Harley said today in a statement. Davis Selected Advisers LP, the largest holder of the company’s stock, also committed to buy $300 million of debt. Harley, which is raising cash to lend to customers, rose the most in more than two decades in New York trading… More Info…Â