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March 31, 2010
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DEALER CONTEST: Win a free training day at your dealership
March 31, 2010
Dealers can now enter a contest that is aimed at improving their store’s profitability in two key areas: sales and PG&A. Under the Powersports Business’ Training Day Contest, two industry trainers will come to a dealership for one day at no cost to the dealer. Those trainers will include Derek... Read more »
Production declines continue for metric manufacturers
March 30, 2010
Metric manufacturers continue to bring fewer new motorcycles into North America and have now reduced their production of bikes for worldwide markets for 30 straight months. That was the report from the Japan Automobile Manufacturers Association (JAMA), which includes Honda, Yamaha, Suzuki and Kawasaki. Those... Read more »
Polaris names vice president supply chain, integration
March 30, 2010
Polaris Industries Inc. named Suresh Krishna as vice president of supply chain and integration. Krishna has a background in operations, mergers and acquisitions and business leadership that spans the globe, announced Polaris in a press release. Most recently, Krishna led global operations, supply chain... Read more »
Fed keeps deadline for new gift card rules
March 30, 2010
The Federal Reserve refused to give retailers extra time to comply with new restrictions on gift card expiration dates, fees and disclosures, saying the rules will go into effect this summer as planned, according to a press release from the National Retail Federation (NRF). The Fed issued the final version... Read more »
Revive Your Ride! to launch spring sweepstakes
March 30, 2010
Starting April 15, powersports dealers and retailers across the country will kick off the Revive Your Ride! Spring Sweepstakes, aiming to boost floor traffic and sales. The program with give away a $10,000-pre-paid MasterCard, while 14 other winners will be awarded pre-paid cards ranging from $250-$2,500. The... Read more »
Five-operation H-D dealer acquires another store
March 30, 2010
The Chester family, which operates five Harley-Davidson motorcycle dealerships in three states, has acquired Reno Harley-Davidson, according to the Reno Gazette Journal. Run by E.B. Chester and sons Craig and Cliff, the operations include dealerships in Idaho Falls, Pocatello and Twin Falls in Idaho;... Read more »
A counter-capitalist mentality?
March 30, 2010
In Economics 101, I learned when demand increases, price increases. I also learned when demand decreases, so does supply, which often results in labor cutbacks. I know, genius, right? However a dealer I recently spoke with doesn’t believe in subjecting his business to these basic economic laws. Wilkins... Read more »
Should you question your best salesperson’s priorities?
March 29, 2010
Every dealership has a top-performing salesperson, selling more motorcycles than anyone else; maybe selling more than two or three other salespeople combined. We know that between seven and nine out of 10 new motorcycle shoppers walk back out the door without buying, and ironically your best salesperson... Read more »
OEM presents zero emissions motorcycle
March 26, 2010
KTM is planning to present the first series-ready KTM electric sports motorcycle. Under the title “Freeride,” KTM will present two near-series prototypes at the 2010 Tokyo Motorcycle Show. With its first zero emission motorcycle, KTM has developed an electrically driven sports motorcycle... Read more »
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