Japan’s Cycle Production Drops 3.1% in 2004
April 29, 2005
Japan’s motorcycle manufacturers produced 1,729,468 units during the 2004 fiscal year – April 2004 through March 2005 – down 54,481 units or 3.1% compared to the production of 1,783,949 units recorded for the same period of the previous year, says the Japan Automobile Manufacturers... Read more »
Polaris Lays Off 60 Employees
April 29, 2005
Polaris Industries, one of Minnesota’s largest employers, laid off 60 of its 3,800 employees Tuesday. Thirty-four of the lay-offs occurred at the company’s Roseau, Minn., production facility. The lay-offs were part of a workforce reduction plan that Marlys Knutson, external relations manager... Read more »
Speciale Now VP at Yamaha Marine
April 29, 2005
Ben Speciale has been promoted to Vice President of Operations and Planning at Yamaha Marine Group, Kennesaw, Ga., a position that includes expanded roles within strategic planning, customer service and financial performance. “I have worked with Ben for nearly 20 years,” said Phil Dyskow, president... Read more »
Louisiana Plans Motorcycle Awareness Program
April 29, 2005
Billboards promoting drivers’ awareness of motorcyclists will be placed alongside Louisiana’s interstates in May. Col. James Champagne, head of the Louisiana Highway Safety Commission, made the announcement at a news conference with members of the state’s motorcycling groups. The 10... Read more »
China’s ATV Exports Total $42.7 million in ’04
April 29, 2005
China’s outbound shipments of ATVs totaled $42.7 million in 2004, an increase of more than 1,200% compared to ATV exports in 2003, according to China’s customs statistics. The European Union and North America receive the majority of China’s shipments, absorbing a combined 63% of the... Read more »
Boisjoli is Powersports Business’ 2005 Executive of the Year
April 26, 2005
Jose Boisjoli faced a major challenge when he took the reins of the newly created Bombardier Recreational Products (BRP) company in December 2003, one that comes perhaps once in a lifetime for a business executive. When the recreational products business was sold to a group of private investors by Bombardier... Read more »
BMW 1Q Cycle Sales Up 18.8%
April 26, 2005
Munich-based BMW says it sold 21,304 units worldwide during the first three months of the year, an 18.8% jump from the 17,935 units sold during last year’s first quarter. More than half of the three-month total – 11,793 motorcycles – went to customers in March. The company says March... Read more »
Honda’s Year-End Cycle Sales Up 13.9%
April 26, 2005
Japan’s Honda Motor Co., Ltd. says consolidated net income for the fiscal fourth quarter ended March 31, 2005, was JPY 94.0 billion ($876 million), up 26.9% from the corresponding period in 2004. Basic net income per Common Share for the quarter was JPY 101.43 ($0.94), up 29.3% from JPY 78.47 during... Read more »
BRP Revenues, Engine Sales Down
April 26, 2005
Bombardier Recreational Products Inc., a privately-held company branded as “BRP,” says consolidated revenues for its fourth quarter ended January 31, 2005, were C$634.3 million, a decrease of C$91.9 million compared to consolidated revenues of C$726.2 million for the combined three-month... Read more »
Kawasaki USA Updates Operations, Again
April 26, 2005
Kawasaki Motors Corp., U.S.A. (KMC) has announced yet another operational modification to the structure of its Irvine, Calif.-based sales and marketing group. Last year, both disciplines were consolidated into a single working group. Steve Hamada, KMC president, said that reestablishing the independent... Read more »
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