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Ducati reported an increased revenue to over €1 billion despite lower sales in 2023.

To be more precise, the Italian manufacturer posted a revenue of €1,089 million, for a net profit of €112 million (10.5% increase over 2022), although they sold 57,224 bikes compared to more than 60,000 in 2022.
Claudio Domenicali, CEO of Ducati, said:
“The results obtained by Ducati in 2023 confirm the validity of the strategic decisions and self-financed investment policy that we have been pursuing for several years. We closed the fiscal year with a revenue that once again exceeded one billion euros and a record operating result, to which must be added the successes in racing which saw us become World Champions in MotoGP and WorldSBK for the second consecutive year”. “ Strengthened by the goals achieved, we look to the future with determination and continue with the development plan of the brand and the product range, with the desire to expand our presence towards new segments, speak to new motorcyclists and grow the community of Ducatisti. The entry into motocross planned for this year is proof of this.”
The record results show for Ducati’s charge into several into different segments with several new bikes. For one, the DesertX was launched for the off-road adventure market and has found a strong following since then. Also, there is the Hypermotard 698 Mono, bringing the maker into the single cylinder supermoto fold. Other models also did well such as the sport-tourer (some call it the hyper-tourer) Multistrada V4 RS.

The 2024 Triumph Rocket 3 Storm range has been launched, in both R and GT guises.

The Rocket 3 is famous for two things: One, it has the largest engine in production, and two, the engine’s massive torque will straighten your arms like a er… rocket. But make no mistake: Triumph has sold 18,000 Rocket 3’s since the remake in 2019.

And, Triumph knows that mo’ power is always better.

Here are the highlights of the 2024 Triumph Rocket 3 Storm range:
  • The 2,458 cc (yes, bigger than most cars in Malaysia), 3-cylinder powerplant now punches out 180 hp at 7,000 RPM and head-snapping 225 Nm of torque at 4,000 RPM.
  • That is a bump of 15 hp and 4 Nm.

  • Power is sent through a Torque Assist Clutch, the buyer can purchase the optional quickshifter.
  • The frame continues to be aluminium, which made its debut in 2019. Better to keep the weight down.
  • New, 10-spoke cast aluminium wheels to reduce unsprung weight by 2 kg. Reducing 2 kg is a lot when the wheels spin up, giving quicker handling as there’s less gyroscopic forces.

  • The front has massive Showa 47 mm forks, adjustable for rebound and compression damping.
  • The rear shock is a Showa RSU monoshock with piggyback reservoir.
  • Brembo Stylema calipers are up front, clamping on 320mm discs.
  • At the back, a Brembo M4.32 monobloc caliper grabs a huge 300mm disc (since the bike’s weight is rear biased).
  • Taming that power are rider aids like TC, ABS, and four power modes.
  • There are also lean-angle sensitive ABS, and well as optimized cornering traction control.
  • There is now Hill Hold, which prevents the motorcycle from rolling backward by applying the rear brake.
  • Cruise control comes as standard on both models, and you can activate it at the touch of a button and adjust it up or down in 1 mph increments.
  • All of the tech features should be easy to interact with via the full-color TFT display and five-way joystick.

  • Both R and GT variants deliver a blacked out, if not sinister, attitude.
  • The R has a sportier stance, with mid-mounted adjustable footpegs, while the R has forward footpegs and more laid-back riding position.
How much?

The 2024 Triumph Rocket 3 Storm R is USD 24,995 (RM 118,501.30) and Rocket 3 Storm GT is USD 28,995 (RM 137,465.29). Of course, prices in Malaysia will be much higher (along with everything else).

One of the many frequent questions asked by motorists is “Where do the funds from special registration number sales go?”

Where did the funds go?

During the question and answer session in Parliament today, Datuk Iskandar Dzulkarnain Abdul Khalid (PN-Kuala Kangsar) sought information on the revenue generated from Special Registration Number (NPI – Nombor Pendaftaran Istimewa) bidding offers. He also requested fordetails about the initiatives undertaken by the ministry in utilising NPI proceeds from 2018 to 2023.

The Minister of Transport, Anthony Loke Siew Fook answered that all revenue generated is channeled into the Federal Consolidated Fund. Also, the Ministry of Transport does not benefit from the proceeds of vehicle number plate sales.

The Minister went on to state that the total revenue from special registration number sales in 2023 reached RM311.8 million, which included proceeds from the sale of special registration numbers totaling RM21 million.

A portion of the funds were used to cover the driving test fees for motorcycle B2 class, e-hailing, and taxi licences, which benefitted over 40,000 underprivileged youths.

He also stated that 100,000 helmets, including children’s helmets, were also distributed free of charge to financially disadvantaged families.

“The FLYsiswa initiative will be continued to benefit nearly 60,000 students from low-income families, especially in Sabah, Sarawak, and Labuan, along with financial initiatives by Perkeso (Social Security Organisation) for nearly 50,000 taxi drivers, rental car drivers, and school bus drivers,” he said.

Loke added that the ministry had recently introduced the NPI for the GOLD series, with total collection amounting to RM17 million thus far.

“As mentioned earlier, the GOLD1 serial number was bid by His Majesty, the King of Malaysia, for RM1.5 million, contributing to government revenue. Half of these proceeds were returned to the Ministry of Transport for the implementation of initiatives as stated,” he highlighted.

Scam activities involving vehicle plate sales

A supplementary inquiry from Khoo Poay Tiong (PH-Kota Melaka) was brought up, concerning concerns on social media alleging fraudulent activities related to vehicle registration number sales on social media.

The Minister urged the public to only bid through the Road Transport Department (JPJ) and cautioned against purchasing from third-party sources, to prevent falling victim to fraudulent schemes.

“If you intend to bid, use the government’s JPJ e-bidding system, avoid third-party channels. Raising awareness is vital as we aim for the revenue to contribute to government funds, enabling us to implement more initiatives to assist the people,” he emphasised.

The 2024 Husqvarna Svartpilen 801 has officially and finally been launched after years of rumours and several rounds of teasers.

It is now the biggest Svartpilen/Vitpilen model by utilising the KTM 790 Duke’s LC8c engine. Comparatively, the Norden 901 remains the largest Husqvarna by way of engine capacity, as it uses the KTM 890 Adventure’s engine, but it was tuned for torque, rather than horsepower, resulting in 103hp.

Highlights of the 2024 Husqvarna Svartpilen 801:

Powertrain

  • 799cc, parallel-twin, DOHC, liquid-cooled LC8c engine makes 77 kW (103 hp).
  • Engine power is sent through a six-speed gearbox with a PASC assist and slipper clutch. There is an up-and-down quickshifter, too.
  • Service interval for the Svartpilen 801 is 15,000 kilometers.
  • Fuel consumption is claimed at 4.5 liters/100 kilometers.

Chassis

  • Chromium-molybdenum tubular steel frame with tuned flex and rigidity.
  • Adjustable WP Apex 43 front forks with 140mm travel.
  • WP Apex monoshock at the back, offering 150mm of travel.
  • The wheels are 17-inch alloy, wearing Pirelli MT60 RS rubber.
  • Up front, J. Juan radially mounted four-piston calipers clamp on 300mm brake discs.
  • The rear brake consists of a single two-piston caliper and a 240mm brake disc.
  • Bosch ABS is standard with Supermoto ABS mode.
  • The fuel tank holds 14 liters of fuel.
  • Husqvarna claims the Svartpilen 801 weights 181 kg, dry.

Electronics

  • A five-inch TFT dash and connectivity unit fitted as standard.
  • The rider can pair with TFT via the Ride Husqvarna Motorcycles smartphone app, for navigation, calls, and music.
  • There are three ride modes: Street, Rain, and Sport. The owner can purchase the optional Dynamic Pack which adds the Dynamic ride mode, Cruise Control, ten levels of traction control, and five levels of wheelie control.
  • LED lighting is also standard.
How much?

The 2024 Husqvarna Svartpilen 801 sells for USD 10,899 (RM 51,650.36) and will begin to enter several global markets by June. Might as well be the end of year or early next year for us.

We recently ran a story about how MV Agusta may be in financial trouble after a dismal performance in 2023. We also mentioned that MV’s CEO Timur Sardarov was adamant in not relinquishing control of the company to the giant Pierer Mobility Group (KTM, Husqvarna, GasGas). Well, news just broke that Pierer Mobility has indeed acquired a controlling stake in MV Agusta.

Pierer Mobility Group (PMG) has made clear that they wish to acquire a controlling stake in MV since their initial 25% purchase in 2020. The finalisation of the agreement sees PMG as the controlling shareholder when they issued a call option, increasing their share in MV to 50.1%.

The deal also sees a shakeup in MV’s day-to-day business. Hubert Trunkenpolz replaces Timur Sardarov as the CEO and Chairmon of the Board of Director. (Hubert is the nephew of Hans Trunkenpolz, who co-founded KTM, hence the “T” in brand’s name.) Sardarov will remain with MV in the role of Vice-Chairman. Apart from that, PMG is planning to expand MV’s headquarters at Varese, Italy.

Sadarov said:

“MV Agusta embodies passion and a unique sense of romance that captivated me, a seasoned entrepreneur, from day one. The personal challenge of guiding the company out of crisis and steering it towards success through innovative business strategies, team expansion, and new product developments has been conquered. It is an honor to play a role in shaping MV Agusta’s legacy. Over the past five years, both the company and I have evolved significantly. Our growth together is a testament to the transformative journey we’ve shared. My time with MV Agusta has been a pivotal chapter in my life, filled with mutual joys and challenges. As I continue to serve as a dedicated Vice-Chairman, I am committed to supporting the company and its ongoing success.”

So what now? It is going to really interesting to see what kind of products that this new venture will produce. KTM, for one, has stated unequivocally that they did not wish to produce anymore sportbikes since the RC8’s production ended. As for nakeds, KTM already have their bases covered with the 890 Duke and 1390 Super Duke R. In fact, KTM, GasGas, Husqvarna have covered many segments among them, more so KTM.

Or will PMG continue with putting out the existing lineup of MV Agustas?

Time will tell.

MV Agusta In Dire Straits (Again)?

When Harley-Davidson announced their returning models, two of them has received significant upgrades, namely the 2024 Harley-Davidson Street Glide and 2024 Harley-Davidson Road Glide. Both these models got many of the same styling, suspension and electronics upgrades, that were previously only available on the limited edition (read: expensive) CVO Street Glide and CVO Road Glide.

But let us talk about the Street Glide first.

Highlights of the 2024 Harley-Davidson Street Glide:
  • The heart of the Street Glide is the bigger Milwaukee-Eight 117 (that is 117 cubic inches, or 1917cc to us in the metric world).
  • The new cylinders utilise liquid-cooled heads, along with a new colling system.
  • It is a major upgrade from the previous Milwaukee-Eight 107 (1753cc).
  • The 117ci engine produces 105 hp and 176.3 Nm of torque, which is much healthier than the 86 hp for the 107ci powerplant.

  • Sure, 105 hp from 1.9 liters is not a lot, but consider the engine turning over below 1,500 RPM when cruising at 110 km/h and you will get the idea.
  • However, the 117ci engine does not have the VVT of the CVO’s 121ci (1982cc) engine.
  • Addition of a new infotainment system, with a powerful 200-watt amplifier, powering a pair of fairing-mounted speakers.

  • A huge (ok, gargantuan) 12.3-inch TFT colour touchscreen (the Apple iPad 2’s screen is 12.9-inches for comparison).
  • Riders can select riding modes (Rain, Road, Sport, Custom), interact with the infotainment system, etc. via the TFT screen as the analog buttons on the handlebar have been deleted.
  • Of course, H-D upgraded the bike’s styling too, to well, make it more contemporary, although the fairing retains the legendary batwing and shark nose profiles.
  • The fuel tank has a new shape.
  • The one-piece seat’s padding is improved for long-distance touring.

How much?

The 2024 Harley-Davidson Street Glide sells for USD 25,999 (RM 123,053.27), although the mind-numbing number of taxes will likely drive the price way up.

And my friends wonder why I wish I were rich…

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