Metric OEMs export fewer new bikes to U.S. in November
December 31, 2008
Japanese manufacturers exported fewer new motorcycles to the United States and Canada in November compared to the same month in 2007. Honda, Yamaha, Suzuki and Kawasaki exported 35,683 new motorcycles to the United States, a nearly 11 percent drop from the year-ago period, according to the Japanese Automobile... Read more »
Sparta completes arrangement with large German bank
December 31, 2008
Sparta Commercial Services’ wholly owned subsidiary, Sparta Funding LLC, has entered into a one-year, $25 million extendable revolving credit agreement. The agreement is with Autobahn Funding Company LLC as lender, and DZ Bank AG Deutsche Zentral-Genossenchaftsbank New York Branch as administrative... Read more »
MIC, other groups ask EPA for more ethanol tests
December 31, 2008
Fourteen organizations, including the Motorcycle Industry Council, recently called for “unbiased and comprehensive testing” before the U.S. Environmental Protection Agency (EPA) permits the use of mid-level ethanol blends in engines. According to an article in Oil & Gas Journal, other groups... Read more »
Sturgis, Motoring USA reach sponsorship agreement
December 31, 2008
The city of Sturgis and Motoring USA LLC have reached an agreement designating Motoring USA as the exclusive sponsorship agency for the 2009 Sturgis Motorcycle Rally, according to a company press release. The sponsorship program allows Sturgis, in conjunction with its corporate sponsors, to continue... Read more »
First winners of the Nifty 50 revealed online
December 31, 2008
Affinity Media Group’s editors, including those from Powersports Business, have selected the first 25 products and services for the 10th annual Nifty 50 contest. A few of those products now can be seen on PowersportsBusiness.com. To see the first winners, go to PowersportsBusiness.com and click on... Read more »
Five of the Nifty 50 winners
December 29, 2008
For the 10th consecutive year, Affinity Media’s editors, including those from Powersports Business, have selected 50 products and services they believe to be must-see items at the upcoming Indianapolis Dealer Expo. Below is a look at five of those products and services. All entrants for the annual... Read more »
Yamaha, HSBC renew revolving financing contract
December 29, 2008
Yamaha Motor Corp., U.S.A., and HSBC Finance Corporation’s card and retail services business announced a new seven-year agreement that extends through 2015. HSBC will continue to provide revolving financing through the Yamaha Card program for customers who purchase Yamaha motorcycles, scooters, ATVs,... Read more »
Ducati plans three Canadian flagship dealerships for 2009
December 29, 2008
Ducati North America announced plans to push its Canadian market forward in early 2009. Ducati will focus its Canadian resources on supporting the growing dealer network and switching tactics from its 2008 participation in the Parts Canada Canadian Thunder Superbike Series. Ducati will have three... Read more »
Motorcycle Safety Foundation settles copyright infringement lawsuit
December 29, 2008
The Motorcycle Safety Foundation (MSF) came to a settlement in the copyright infringement lawsuit against Oregon State University and Stephen Garets, operators of the Team Oregon Motorcycle Safety Program, according to an MSF press release. MSF President Tim Buche stated, “We are pleased with the settlement... Read more »
First five Nifty 50 products to be revealed online
December 29, 2008
For the first time, Powersports Business is unveiling some of its Nifty 50 products and services online. Editors from Powersports Business and sister publications ATV Sport, ATV Magazine and Snow Goer choose the products and services based on information companies submit. The products must be available... Read more »
Loading ...