YTD Adult ATV Sales Nearly Flat
June 30, 2005
U.S. adult-size ATV retail sales (i.e., 150cc & over) for the first five months of 2005 were running about 1% ahead of the same period a year ago, according to the 150 dealers we surveyed. Industry sales for the month of May were reportedly up about 5-6% over May 2004. This increase through May... Read more »
Roush Diesel Quad Nearly Ready for Production
June 30, 2005
Roush Technologies, a UK-based company that is part of Roush Enterprises, Inc., Livonia, Mich., says it plans to have a diesel-powered ATV in full commercial production by early next year. Formally known as the Roush Diesel Quad Bike, the unit is the product of what Roush Technologies calls a “collaborative... Read more »
Bank of America to Buy MBNA for $35 Billion
June 30, 2005
Bank of America Corp. said Thursday it plans to acquire MBNA Corp. in a $35 billion cash and stock deal. MBNA, Wilmington, Del., is one of the largest stand-alone credit card issuers in the world. Bank of America Corp., Charlotte, N.C., is the second-largest bank in the country in terms of assets. The... Read more »
Japan’s OEMs Up Production 7.5% in May
June 30, 2005
Motorcycle manufacturers in Japan produced 119,071 units during May 2005, up 8,311 units or 7.5% from the 110,760 units produced during May 2004, according to the Japan Automobile Manufacturers Association (JAMA). Honda produced 43,987 units during the month; Suzuki, 30,929; Yamaha, 31,377; and Kawasaki,... Read more »
Tax Credit Program to Add 150 Jobs at Kawasaki
June 30, 2005
The State of Missouri announced the approval of development tax credits to facilitate the expansion in workforce of Kawasaki Motors Manufacturing Corp. in Maryville. The development tax credits will be used to offset a $150,000 donation to the Nodaway County Economic Development, Inc. Kawasaki wants... Read more »
NPS Seeks Yellowstone Comments, Again
June 28, 2005
The National Park Service is again taking public comment on snowmobile use in Yellowstone National Park. On June 24, the Park Service announced the formal opening of a process to develop an environmental impact statement on the winter use of Yellowstone National Park, Grand Teton National Park and the... Read more »
N.C. Hikes Age for PWC Operators
June 28, 2005
Personal watercraft operators will have to be at least 14 years old to drive the units on North Carolina lakes and shorelines in a bill now awaiting Gov. Mike Easley’s signature. The bill also would require personal watercraft users who are 14 and 15 to either share the craft with someone who is... Read more »
China Engine to Introduce ATV Engines
June 28, 2005
China Engine Corp. (CEC), based in Taiwan, recently announced that it was developing a series of all-terrain vehicle (ATV) and pan-utility gasoline engines with displacements of 400cc to 700cc. The company says the first of the new engines, scheduled for mass production late next year, will be the largest... Read more »
AMA Preps for Vintage Motorcycle Days, July 15-17
June 28, 2005
The American Motorcyclist Association (AMA) is making final preparations for AMA Vintage Motorcycle Days 2005, July 15-17 at Mid-Ohio Sports Car Course in Lexington, Ohio. The 14th annual event will benefit the Motorcycle Hall of Fame Museum. AMA Vintage Motorcycle Days 2005 is scheduled to feature: -... Read more »
i2tech Named Arctic Cat’s Supplier of the Year
June 28, 2005
Innovative Injection Technologies (i2tech), West Des Moines, Iowa, has been selected as Arctic Cat’s Supplier of the Year for 2005. This is the second year in a row i2tech was named top supplier. Chuck Hicks, Director of Supply Management for Arctic Cat, made the announcement at Arctic Cat’s... Read more »
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