GE to handle inventory financing for BRP dealers
May 30, 2008
GE Capital Solutions, Commercial Distribution Finance recently signed an exclusive agreement to provide inventory financing to BRP’s Ski-Doo, Sea-Doo and Can-Am dealers across the United States and Canada, the two companies said in a joint statement May 28. This agreement is a multi-year continuation... Read more »
Kawasaki recalls nearly 1,400 motorcycles
May 30, 2008
Kawasaki’s MY 2009 KLX250T9F and KLX250T9FL models were recalled due to a throttle issue, according to the National Highway Traffic Safety Administration. On 1,393 units, the throttle grip and handlebar grip might come loose and separate from the handlebar and throttle tube, creating the potential... Read more »
ADP Lightspeed introduces Parts and Major Unit Locator service
May 30, 2008
ADP Lightspeed announced its new Parts and Major Unit Locator service, which is a searchable database for parts and major units. They’re supplied by dealers who use ADP Lightspeed as their DMS and subscribe to the service, stated an ADP Lightspeed press release. This service is available on LightspeedNXT.... Read more »
Piaggio cautious going forward
May 30, 2008
After a weak start to the year, Italian scooter maker Piaggio & Co. SpA is expected to be cautious at best when it gives an update of its three-year strategic plan May 30, Reuters reported May 28. Like most vehicle manufacturers, Piaggio is facing a drop in sales as consumers postpone big-ticket... Read more »
Speedway Motorsports names COO
May 30, 2008
Speedway Motorsports announced Marcus Smith as its chief operation officer and president, stated the Speedway press release. Smith will also be president and general manager of Lowe’s Motor Speedway. Bruton Smith, chairman and CEO of Speedway Motorsports, says Marcus Smith has been training for the... Read more »
Jun. 2, 2008 – ‘The Good Times’ company
May 30, 2008
By Neil Pascale Editor IRVINE, Calif. — Scott Kiyama has spent more of the past two decades working for Kawasaki Heavy Industries in the United States rather than in his native Japan. In that 20-year period, it is probably safe to say it has never been more difficult to run the U.S. subsidiary of a... Read more »
V-twin manufacturer American IronHorse has new owner
May 27, 2008
The owner of two V-twin dealerships has purchased American IronHorse out of Chapter 11 bankruptcy, according to a published report. Scott Meyers, who owns dealerships in Montana and Minnesota, purchased the V-twin manufacturer for $6.7 million, according to the Star-Telegram. The V-twin manufacturer... Read more »
BRP recalls snowmobiles due to explosion hazard
May 27, 2008
Bombardier Recreational Products recalled about 400 Ski-Doo snowmobiles because in extreme cold and dry weather conditions an explosion can occur, the Consumer Protection Safety Commission reported. The explosions are a result of sparking in the fuel tank when it’s partially filled with gasoline at... Read more »
Illinois gets almost $950,000 for trails
May 27, 2008
Illinois Governor Rod Blagojevich announced multi-purpose recreational projects will receive $949,800 to create or improve trails in eight Illinois counties, according to the Illinois Department of Natural Resources. Funding for the projects is supported by the federal government’s Recreational Trails... Read more »
Honda to strengthen motorcycle business
May 27, 2008
Honda intends to concentrate on improving its motorcycle business with improved technology, according to CMG Online. Honda CEO Takeo Fukui said motorcycles are “the driving force” behind Honda’s worldwide growth, and demand for motorcycles will increase as more people use them for transportation.... Read more »
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