Sep 20, 2011

J & P Cycles founders to step down


It seems the end of an era is upon us.  J & P Cycles, the world’s largest motorcycle aftermarket and accessories sellers, has recently found themselves under new management for the first time in the companies 31 years.  Founder and President, John Parham, and his Vice President wife, Jill, announced this month that they would both be stepping down from the company saddle in exchange for the sweet sound of retirement.  This comes as a great loss to those in the motorcycle inner-circle, but all things, even those as good as the Parhams is bound to come to a close.
Since 1979, J & P Cycles has strived to thrive in the motorcycle aftermarket game; an industry that has constantly grown over the decades.  John and Jill Parham have been at the core of this industrial fruition since the 70′s.  Every year, J & P publishes their famed Harley Davidson Catalog, one of the largest mail order catalogs in the industry.  The Parham’s influence on all of the industry, not solely aftermarket, has been invaluable to the biker cause.  The best example of this would be the National Motorcycle Museum, which John had a hand in moving last year to a spacious facility in Anamosa, Iowa.  Home to over 300 history instilled vintage motorcycles, the museum will be the Parham’s retirement project in the coming years.  They have stated that they will focus on family as well as working to better the museum.
What does this mean for J &P Cycles?  John has revealed that he will stay on with J & P as a member of the Advisory Board of Directors.  Taking over the company mantle will be son, Zach Parham.  Zach will head up the company as the new Vice President and General Manager in the absence of his parents.  Having grown up alongside J & P, there should be no lull in the family values Zach Parham inherited from the previous company heads.  The company has assured consumers that they will continue to excel as a provider of all things motorcycle.  While the end of an era is present at J & P Cycles,  one can’t help but be appreciative of all the Parham family has done for the motorcycle world and all they will continue to contribute as we forge into the future.

Sep 19, 2011

2014 Ford Mustang won't go retro


What does this mean for the future of the Stang?  No one other than Mays and his faithful team know.  Mays has admitted that the plot and plans for the new Mustang generation is being kept under lock and key.  It could be almost two years before anyone other than Ford eyes up the new Mustang model (though that is a worst case scenario).  For now, consumers and car enthusiasts will have to play the waiting game.  If history has taught us anything in this particular case, it’s that change can be a dangerous thing.  When Ford revealed their second generation Mustang in 1974, the design spring-boarded off of the plunky Ford Pinto.  The third generation was originally outcast by consumers and harassed into being redesigned in 1987 (with the discarded version becoming the Ford Probe).

Sep 9, 2011

What Will Become of Saab?

If you haven't heard by now, the American car industry is flooded with bankruptcy and bail outs. Overseas, the climate isn't much better. Last week, Swedish auto manufacturer Saab made headlines across the world as news spread of their impending submission for protection from creditors (Swedish version of Chapter 11 bankruptcy) with Swedish courts for a second time.

It was uncertain at the time if Saab would have enough money to pay their employees through the week let alone afford the already behind compensation of their parts suppliers. This week, they filed their claim and were denied by the court on grounds that Saab had no strong evidence that they will be able to restructure if approved. Well, Saab is in the process of appealing as we speak. They will take the time in-between to develop a plan of attack on how to reorganize their failing business. Until then, their fate relies in the hands of the courts.

 The question of what will become of the Swedish manufacturer is still undetermined. Even with the proposed sum of money from Chinese investors that would get operations up and running once more, Saab's future doesn't seem to full of light. For now, anyway, they will have to hold in that unknown limbo, looming between financial life and death.