Harley-Davidson names new vice president
November 26, 2008
A public relations executive who formerly worked at Kohl’s Department Stores and Miller Brewing Co. has joined Harley-Davidson Inc. Susan Henderson, the newly named vice president of communications for Harley-Davidson, will develop and direct the company’s global and strategic communications initiatives,... Read more »
Dover Corp. names new CEO
November 26, 2008
Dover Corp., which owns Warn Industries and Performance Motorsports among others, announced that Robert Livingston has been named CEO and elected to the board of directors, effective Dec. 1. The company also announced that Ronald Hoffman, Dover’s current CEO, will retire Nov. 30. According to a company... Read more »
UTI reports improved fourth-quarter net income
November 26, 2008
Universal Technical Institute (UTI) reported net income of $600,000 for the fourth quarter, which ended Sept. 30. Last year’s fourth quarter had a net loss of $1.3 million. The company’s fourth quarter net revenues were $84.6 million, which is a 2.7 percent decrease from 2007. The decrease in revenues... Read more »
U.S., Canadian councils agree to promote and protect OHV recreation
November 26, 2008
The National Off-Highway Vehicle Conservation Council (NOHVCC) and the Canadian Off-Highway Vehicle Distributors Council (COHV) signed an agreement to partner with the All-Terrain Quad Council of Canada and the Motorcyclists Confederation of Canada to promote responsible off-highway vehicle recreation... Read more »
Time running out for latest PSB poll
November 26, 2008
Powersports Business is asking industry associates how sales of hunting-related products are faring this season. It’s not too late to cast your vote. PSB readers can submit their response to the hunting products poll on PSB’s home page, Powersportsbusiness.com. This will be one of an ongoing series... Read more »
Deadline set for Nifty 50 entries
November 25, 2008
The deadline for Powersports Business’ 10th annual Nifty 50 contest has been set for Dec. 12. Manufacturers and distributors interested in submitting their products and services should fill out a Nifty 50 application. To qualify, products and services must be new or substantially updated, be scheduled... Read more »
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November 24, 2008
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KTM improves its sales but schedules production decrease
November 24, 2008
Austrian manufacturer KTM increased its worldwide sales by 7 percent in its recently concluded fiscal year. The company, however, is expecting the current challenging economic climate to impact sales going forward and thus is cutting production by around 10 percent for the upcoming fiscal year, the company... Read more »
GM sells the rest of its Suzuki stock
November 24, 2008
Suzuki Motor Corp. and General Motors Corp. will continue their working relationship despite GM’s decision to sell its remaining Suzuki stock, the companies announced. GM sold its remaining 3 percent of Suzuki stock on the Tokyo stock market for about $230 million, the Wall Street Journal reported. The... Read more »
GE Money to close around 100 branches in India
November 24, 2008
GE Money India, the consumer finance company of General Electric (GE), has decided to shut down close to 50 percent of approximately 100 branches in India in the next few months, according to a story by the Economic Times. Last year, the company announced it planned to reduce its total number of branches... Read more »
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