Polaris reports positive fourth quarter, full year results
January 29, 2008
Polaris Industries released its fourth quarter and full year results revealing increases in both areas, according to a Polaris press release. Fourth quarter sales showed a sales increase of 21 percent to $541.4 million compared to the prior year period of $448.6 million. The net income from continuing... Read more »
Vance & Hines acquires White Brothers
January 29, 2008
Vance & Hines announced it bought the White Brothers off-road exhaust line of products and technology, according to a Vance & Hines press release. Both companies go back to motorcycle racing in the 1970s and evolved into high performance exhaust systems. Vance & Hines, however, serves... Read more »
Company joins SVIA to promote safe use of ATVs
January 29, 2008
North American Imports LLC, manufacturer of CROSSRUNNER ATVs, joined the Specialty Vehicle Institute of America (SVIA) to help promote safe and responsible ATV riding in the United States, a SVIA press release stated. The SVIA supports free hands-on rider training to all purchasers of new ATVs, creates... Read more »
BMW delays F 800 GS production
January 29, 2008
Those awaiting the arrival of BMW’s new F 800 GS will need to wait awhile longer, as production of the middleweight dual-purpose enduro will be delayed due to continued demand for the F 650 GS, BMW said in a press release Jan. 24. The F 800 GS is expected to be available at U.S. BMW retailers in Fall... Read more »
Piaggio Group expands operations throughout Asia
January 29, 2008
The Piaggio Group made several updates and announcements regarding its Asian operations during a press conference in Mumbai, India, and subsequent press release Jan. 22. In China in 2007, the Piaggio Group constructed more than 200,000 two-wheel vehicles at the Foshan facility run by the equally owned... Read more »
Harley-Davidson’s year-end retail sales fall in 2007
January 25, 2008
Harley-Davidson’s retail sales for the United States dropped more than 6 percent in 2007 compared to the previous year, the company reported in its year-end financial report. But thanks to growing foreign markets, the U.S. manufacturer reported just a 1.3 percent decrease in worldwide retail sales... Read more »
Arctic Cat’s ATV, snowmobiles sales decline in third quarter
January 25, 2008
Arctic Cat’s third-quarter ATV sales plunged 24 percent from the previous year period to roughly $70 million. For the first nine months of its fiscal year, Arctic Cat is down 27 percent in ATV sales at approximately $207 million. Predictably, snowmobile revenue also declined as the company had earlier... Read more »
Canadian motorcycle, ATV sales mainly flat in 2007
January 25, 2008
Canada’s new motorcycle and ATV sales in 2007 stayed nearly the same as the prior year, according to data from the country’s Motor Cycle Industry Association. New motorcycle sales totaled 82,482 in 2007, less than a 1 percent increase from the previous year. However, motorcycle sales have risen... Read more »
AMA elects two board members
January 25, 2008
The American Motorcyclist Association announced election results for its board of directors in a Jan. 23 press release. In the organization’s Southeast region, incumbent Carl Reynolds, Danville, Va., was re-elected. In a special election in the Northeast to fill a board vacancy, Joseph Bromley, Warrington,... Read more »
LS Motorsports names new national sales and marketing manager of Italjet
January 25, 2008
LS Motorsports, U.S. importer of Diamo, Fischer and Italjet vehicles, named Steve Guzman the national sales and marketing manager of Italjet products, according to a company press release. LS Motorsports President Mathu Solo says the company sought an experienced leader in the industry to manage the... Read more »
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