Online interest in bikes and scooters spikes
April 29, 2008
Motorcycle buying interest at NADAguides.com increased 48 percent in March compared to March 2007, the company said in a recent press release. The company, a vehicle pricing and information Web site, says it believes this growth in interest is an indicator consumers are increasingly considering motorcycles... Read more »
Goodyear Tire’s profit climbs 10 percent in its first quarter
April 29, 2008
Goodyear Tire and Rubber Co. said its sales for its first quarter rose 10 percent to $4.9 billion compared to the prior year period. Goodyear earned $147 million, reversing the loss of $174 million in the same quarter a year earlier. Robert Keegan, chairman and CEO of Goodyear, says the first-quarter... Read more »
Foremost Insurance lowers Ducati rates
April 29, 2008
Foremost Insurance has lowered insurance rates for several families of Ducati models, the company and Ducati North America said in a press release yesterday. The partnership the companies originally forged in September has developed into several benefits for Ducati owners and DOC Club members, including... Read more »
NOHVCC seeks national trails awards nominees
April 29, 2008
Bi-annually American Trails presents the National Trails Awards to leaders working toward creating a national trails system for the public. The NOHVCC is accepting nominations, according to a press release. Nominations should include accomplishments during the period of June 1, 2006-May 31. The deadline... Read more »
DEALERS: Ensure your store is included in the 2008 Dealer Directory
April 29, 2008
Dealers can now ensure their stores get into Powersports Business’ 2008 Dealer Directory by merely filling out a form online. Dealers can go to www.psbdealerdirectory.com and fill out the form. That information would then be included in the 2008 directory, which will be published in the fourth quarter. “We... Read more »
Workforce reduction to cost H-D millions
April 25, 2008
The layoffs that Harley-Davidson Inc. announced April 17 will cost the manufacturer up to $25 million in severance packages and other charges, the company said in a regulatory filing April 22. Harley-Davidson plans to cut 370 workers from its unionized production workforce and 360 of its nonproduction... Read more »
Yamaha: North American sales fall in the first quarter
April 25, 2008
Yamaha Motor Co. suffered sales declines in its North American motorcycle and quad sales, according to the company’s financial report. Yamaha’s North American motorcycle sales fell to 43,000 for its first quarter, which ended March 31. That is a 36.7 percent decline from the previous-year period. ATV... Read more »
Honda: North American motorcycle sales down in last quarter
April 25, 2008
Honda’s powersports sales in North America declined in both its last quarter and its entire fiscal year, the company’s financial report said. Honda’s North American new motorcycle sales fell 14 percent in the last quarter compared to the year-ago period. The company’s overall powersports sales,... Read more »
Teknic to go dealer direct
April 25, 2008
Specialty Sports, manufacturer of Teknic brand motorcycle apparel, announced its two-year partnership with Tucker Rocky has ended, and it will sell dealer direct starting with the 2009 model year. Chris Hayes, Specialty Sports CEO, says the decision is a result of Tucker Rocky deciding to go a different... Read more »
Dealership University introduces quick start program
April 25, 2008
Dealership University introduced its Quick Start program, a two-week online sales training class monitored by the company’s instructors. It’s designed to help powersports sales associates with their sales skills and increase customer satisfaction. Throughout the program, participants must complete... Read more »
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