Polaris Majority Equity in KTM Not an Option
July 28, 2006
Polaris Industries Inc. and KTM Power Sports AG announced that they will continue their strategic partnership at an operational and technical level but that they no longer anticipate that Polaris will acquire a majority equity interest in KTM. On July 19, 2005, the companies announced Polaris purchased... Read more »
Suzuki Recalls About 300 Eiger
July 27, 2006
American Suzuki Motor Corp., Brea, Calif., is recalling about 300 of its 2006 model year Eiger ATVs. The company says the mounting brackets used to secure the left-front suspension arm to the ATV frame may not have been welded completely and could break off during riding. If this occurs the rider could... Read more »
CEO Panke Retires from BMW
July 27, 2006
Dr. Helmut Panke plans to step down as chairman and chief executive officer of Munich-based BMW AG. His in-house successor, Dr. Norbert Reithofer, will take over the leadership position September 1. Panke, 59, has been with the BMW Group for 24 years. He has been a member of the board of management since... Read more »
Dixie Acquired by UK Firm
July 27, 2006
Dixie Sales Company Inc., Greensboro, N.C., has been acquired by Freeplay Energy plc, a United Kingdom-based developer and marketer of alternative energy solutions. Established in 1914, Dixie Sales is a marketing, sales and distribution services company that serves the powersports, outdoor power equipment,... Read more »
Ducati Cuts Workforce Temporarily
July 27, 2006
Ducati Motor Holding S.p.A. has initiated trade union discussions with regard to implementing a temporary workforce reduction of 100 employees for 17 calendar weeks starting from the end of August. The manufacturer said the temporary workforce reduction comes from a need to reduce production in the last... Read more »
CPSC Forwards ATV Rules Proposal
July 27, 2006
The Consumer Product Safety Commission (CPSC) voted to accept proposals from its staff on new safety rules for ATVs and rejected a request by anti-ATV groups to ban the sale of full-size ATVs for use by children under 16. In late May, CPSC staff made recommendations to the three-member commission to... Read more »
Mid-Ohio Dealer Ride, Aug. 6
July 27, 2006
More than 1,500 riders from 140 motorcycle dealerships in seven states already are scheduled to participate in the 16th Mid-Ohio Dealer Ride, an opportunity to ride the 2.4-mile, 15-turn Mid-Ohio Sports Car Course in Lexington, Ohio. The Dealer Ride takes place August 6, during the lunch break of the... Read more »
Honda Building $20 Million Data Center in Colorado
July 27, 2006
Not long after announcing the planned construction of a $550 million auto assembly plant in Indiana, American Honda Motor Co. Inc. has purchased 11. 4 acres of land in Longmont, Colo., to build a $20 million data center. The new 60,000-square-foot building at the Boulder County Business Center is estimated... Read more »
OPINION – ATV competitors band together for industry’s sake
July 24, 2006
The threat was obvious, even to the beginner’s eye. A bishop, placed slightly askew in its black square, stared straight at its intended victim, a rook. “You have two choices now,” I told my daughter, who was learning the intricacies of chess, the historic game of white vs. black. “You can retreat,... Read more »
OPINION – New look, new attitude, same great news
July 24, 2006
A few years ago as I walked the Dealer Expo floor at Indy for the first time, I said to a comrade of mine, “I wish I had a dollar for every mullet and wallet chain I’ve seen.” If I didn’t know better, I would have thought I had entered a Best of the ’80s “Twilight Zone” episode. Well, at... Read more »
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