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Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.

EBR Announces More Than 60 Founding Dealers

Erik Buell Racing (EBR) today announced its founding dealerships across the United States. The recruitment process began shortly after the American International Motorcycle Expo in Orlando, Florida, where the company took the wraps off the 1190RX production superbike. More than 60 dealers will be the first to carry the 1190RX.

Buell Motorcycles Shut Down [video]

Update Nov 13: Last Buell Motorcycle Rolls Off the Line An emotional Erik Buell has posted a video on the Buell Motorcycle site officially announcing that Harley-Davidson has shut down all Buell motorcycle production.  Harley-Davidson will honor all warranties for Buell owners, Buell dealers will still be selling the limited supply of bikes that are currently on hand.  Visit Motorcycle.com News for more details. You can watch the video statement from Eric Buell after the jump. Get the Flash Player to see this player.