MIC predicts costs from lead law could reach $1 billion
February 27, 2009
The Motorcycle Industry Council (MIC) predicts the new law banning youth ATVs and motorcycles containing more than 600 parts per million of lead could potentially cause $1 billion in lost economic value for the industry, according to a press release issued by the MIC. The potential losses could be severely... Read more »
Kawasaki recalls two motorcycle models
February 27, 2009
Kawasaki Motors Corp. USA recalled the KLR 650 and the Ninja ZX10R, according to the National Highway Traffic Safety Commission. Wires in the wiring harness on the KLR 650 might be damaged due to rubbing contact with a portion of the motorcycle frame. It could result in loss of electrical power to the... Read more »
Triumph’s new cruiser to arrive earlier than expected
February 27, 2009
Triumph’s new cruiser, the Thunderbird, will arrive in dealer showrooms sooner than expected, the company said. Triumph said the cruisers should arrive in North American by late June, two months ahead of the initial timeline. The Thunderbird features a 1,600cc parallel twin engine, six-speed transmission... Read more »
Cooper Tire reports fourth-quarter loss
February 27, 2009
Cooper Tire & Rubber Co. showed a net loss of $143 million for the fourth quarter that ended Dec. 31, the company reported. Net sales for the quarter were down nearly 17 percent from the previous year period to $636 million. North American fourth-quarter tire operations sales were $511 million.... Read more »
Dealer winner of F&I workshop announced by Powersports Business
February 27, 2009
Suzuki City of Biloxi, Miss., won free registration into an upcoming F&I workshop for its submission into Powersports Business’ Bold Idea Contest. The F&I Certification Workshop, a two-day training event hosted by Gart Sutton & Associates that typically costs $995, will be held March... Read more »
Majority of voters say January sales were up
February 27, 2009
Powersports Business’ latest poll revealed companies that saw an increase in overall January sales had the highest percentage with 41.3 percent. About 21 percent of respondents said sales were flat, while 13 percent said their sales were slightly down. At a higher percent, 23.9 percent of companies’... Read more »
ATV imports from China appear to have fallen by more than 50 percent
February 24, 2009
The number of ATV imports from China is likely to have fallen by more than half in 2008 compared to the previous year, according to Census Bureau data. Chinese imports last year numbered more than 211,000, a nearly 57 percent decrease compared to the following year. That total number does not reflect... Read more »
BMW reports increased motorcycle sales in January
February 24, 2009
BMW kicked off its year with a motorcycle sales gain in January. The company said its worldwide sales of 3,731 units represents a 1 percent increase over the previous year period. BMW’s sales for North America were not announced in the press release. BMW attributed the sales gain to continued strong... Read more »
Dealers offer 12-month return program
February 24, 2009
St. Paul Harley-Davidson/Buell, St. Paul, Minn., and Wild Prairie Harley-Davidson/Buell, Eden Prairie, Minn., signed an agreement with WALKAWAY USA, provider of performance management solutions and technologies, to offer customers a financial protection program, according to a press release from the... Read more »
American Suzuki re-launches consumer Web site
February 24, 2009
American Suzuki Motor Corp. re-launched its Web site, www.suzukicycles.com. Questus, an interactive marketing agency, managed the redesign, according to the companies’ press release. The redesigned site has a new navigation tool as well as images and model and company information. “The new suzukicycles.com... Read more »
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