BMW, Aprilia in discussions
February 25, 2005
BMW is discussing a development and production deal with Italy’s Aprilia, the company revealed Feb. 18. The discussions focus on efforts in “development and production,” BMW said in a statement. Aprilia manufactured the BMW F650 from 1993 to 1999, before BMW Motorcycle relocated production to its... Read more »
Schwinn revs up new scooter line
February 25, 2005
Dorel Industries Inc., owner of the famous Schwinn brand, has launched a line Schwinn-0branded four-stroke gas-powered motor scooters Schwinn introduced the first models of its new line of motor scooters at the Dealer Expo in Indianapolis last week. Three 50cc models were showcased: the Campus, the Collegiate... Read more »
Aprilia unveils 500cc scooter
February 25, 2005
Italian motorcycle group Aprilia has unveiled its new Atlantic 500 Sprint scooter, the group’s first new model since the company was taken over last year by Italian rival Piaggio. The new Atlantic 500, with its single-cylinder, liquid cooled, SOHC four-stroke engine, is expected to strengthen Aprilia’s... Read more »
UTI adds board members
February 25, 2005
Universal Technical Institute, Inc. (UTI), a Phoenix, Ariz., provider of technical education training, has added two new members to the company’s board of directors at its Feb. 16, 2005, annual shareholder meeting. Kimberly J. McWaters, UTI’s president and CEO, was elected for a three-year... Read more »
MBA Holdings adds rental software
February 25, 2005
MBA Holdings, Inc. (MBAH), Scottsdale, Ariz., announced the formation of Worldwide Rentals, LLC that will promote motorcycle rentals with the company’s new worldwide reservation system software. The software will run rental operations for motorcycle, auto and RVs, the company said. Whenlaunched, the... Read more »
THE BUSINESS OF RACING: BIG MONEY SPONSORSHIPS
February 23, 2005
Supercross is the area of motorcycle racing that has seen the biggest growth over the last 10 years in terms of exposure, sponsorships and level of competition. “With supercross, we’ve transcended the bounds of the normal motorcycle enthusiast,” notes Gary Christopher, Honda’s senior... Read more »
Popping The Question
February 22, 2005
Download Popping The QuestionBy Linda Richardson A REAL CLOSER ASKS FOR WHAT HE/SHE WANTS AND IS NOT VAGUE ON NEXT STEPS. Valentine’s Day is a day to “pop the question.” In the spirit of that, let’s focus this month on closing. Just as a sweetheart’s answer should not... Read more »
Yamaha Purchases Supplier SOQI Inc.
February 22, 2005
Japan’s Yamaha Motor Co., Ltd. has purchased SOQI Inc., a manufacturer of power products such as ATVs and generators. Yamaha Motor’s Board of Directors, at a meeting February 8, 2005, resolved to make SOQI a wholly owned subsidiary pursuant to the simplified share exchange provisions of the... Read more »
MIC Holds Annual Meeting in Indy
February 22, 2005
Attendees of the Motorcycle Industry Council’s annual meeting, held during the Dealer Expo in Indianapolis, were provided an overview of industry performance for 2004, and heard what the organization’s objectives are for 2005. Larry Little, MIC Chairman, Board of Directors, and Vice President... Read more »
Harley-Davidson, Inc. Declares Quarterly Dividend
February 22, 2005
The Board of Directors of Harley-Davidson, Inc. approved a quarterly cash dividend of 12.5 cents per share, payable March 25, 2005 to shareholders of record as of March 8, 2005. The company currently has approximately 294 million shares of common stock outstanding. To return to the current issue, click... Read more »
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