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Yamaha’s North American motorcycle, ATV sales decline in third quarter

October 31, 2008

Yamaha Motor Co. reported a drop in revenue in the third quarter due primarily to decreased sales of motorcycles, ATVs and marine products in North America. Yamaha’s overall revenue fell nearly 4 percent compared to a year ago in its third quarter, which ended Sept. 30. The company sold 117,000 new... Read more »

National report details total number of serious ATV injuries

October 31, 2008

Serious injuries caused by ATVs in 2007 remained at virtually a flat rate compared to the year prior, according to data from the Consumer Product Safety Commission (CPSC). The report found serious ATV injuries requiring emergency room treatment rose from 146,000 in 2006 to 150,900 in 2007, an increase... Read more »

Las Vegas Harley dealership unveils 104,000-square-foot store

October 31, 2008

Red Rock Harley-Davidson is celebrating the grand opening of its new 104,000-square-foot dealership in Las Vegas, according to the dealership. To celebrate the unveiling, Red Rock is hosting a “Rock-Hard, Ride Harder” event the second weekend in November. It’s open to the public and will feature... Read more »

ARI reports record revenues, increased net income for 2008

October 31, 2008

ARI Network Services, a provider of technology-enabled business solutions, reported increased revenue for its fourth fiscal quarter and fiscal year that ended July 31. The company’s revenue increased about 9.6 percent to a record $16.9 million for this fiscal year. It was up from $15.4 million in... Read more »

PSB reveals poll results, posts new weekly question

October 31, 2008

Powersports Business readers voted on how much of a negative impact the recent financial sector troubles have had on customer traffic. Results showed that 46.4 percent of readers said they’ve had a significant impact. A close 42.9 percent said the troubles have had somewhat of an influence. About... Read more »

Honda experiences sluggish second-quarter powersports sales in North America

October 28, 2008

Honda’s new unit powersports sales in North America declined in its second quarter, the company reported. Its new unit powersports segment sales were down 23 percent compared to the year-ago period to 93,000. That segment includes motorcycles, ATVs and PWC. Honda’s motorcycle sales in North America... Read more »

AMA vice president re-elected to key governing body post

October 28, 2008

The American Motorcyclist Association (AMA) Director of International Affairs Robert Rasor was re-elected to vice president for the FIM, the international governing body for motorcycle sport and touring. Rasor was re-elected to a four-year term. He’s one of six FIM vice presidents, and joins Andrzej... Read more »

Brembo purchases remainder of KBX joint venture from Bosch

October 28, 2008

Brembo, supplier of high-performance brake systems, signed an agreement with Bosch Chassis Systems India to purchase the remaining 50 percent of KBX motorbike Products Private, according to a Brembo press release. The acquisition is expected to be finalized by the end of the year. The agreed upon price... Read more »

Diamo names new sales manager, announces rising sales

October 28, 2008

Diamo USA, a distributor of powersports vehicles, announced a new national sales manager and increasing company sales. The company’s UTV and scooter sales increased 76 percent over the year-ago period, Diamo said in a press release. Diamo also announced it has promoted Clint Capps to its national sales... Read more »

Helmet House becomes exclusive distributor for Utopia Brands

October 28, 2008

Helmet House has become the exclusive U.S. distributor of Utopia Brands goggles for the off-road motorcycle market, reported Helmet House. “Utopia Brands products align nicely with our focused product portfolio and they manufacture an absolutely outstanding product,” Bob Miller, president of Helmet... Read more »

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