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Top selling electric car sets U.S. sales record

October 31, 2014

News release With more than two months remaining, Nissan LEAF has shattered the record for the most U.S. electric vehicle sales in a single calendar year, surpassing the previous record of 22,610 that it set in 2013. “With nearly 20 electric cars or plug-in hybrid models on the road today, Nissan LEAF... Read more »

Senators back UTV OEMs in regulation battle

October 30, 2014

A dozen U.S. senators have written a letter to the Consumer Product Safety Commission, asking the CPSC to delay its vote on side-by-side safety standards. The vote was originally scheduled for Wednesday, Oct. 29, McClatchy DC reported. The letter-writing effort was led by Democrat Amy Klobuchar and Republican... Read more »

GE survey shows strong industry sales growth in 2014

October 30, 2014

News release The motorsports industry is expecting to close out the year with strong sales, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF). Fifty-three percent of respondents anticipate 2014 full-year sales growth of at least 10 percent, with an additional 24 percent... Read more »

Big 4 halt downturn trends in first half of fiscal year

October 30, 2014

Motorcycle exports by Honda, Kawasaki, Suzuki and Yamaha increased by 11.7 percent during September, compared to September 2013, according to the latest data released by the Japan Automobile Manufacturers Association. Motorcycle exports totaled 37,281 units during September, an increase of 3,917 units... Read more »

Industry CEO named Entrepreneur of the Year

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October 30, 2014

José Boisjoli, President and Chief Executive Officer of BRP — a world leader in the design, manufacturing, distribution and marketing of motorized recreational vehicles and power sports engines — is this year’s Entrepreneur Of The Year Québec winner. The sky is the limit for gravity defying entrepreneurs... Read more »

‘Strong retail demand/deposits’ for Polaris products, analyst says

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October 30, 2014

Both the Polaris Slingshot and Indian Scout “have strong retail demand/deposits,” according to a research note provided to Powersports Business by RBC Capital Markets analyst Joe Spak. Spak provided takeaways after hosting management meetings with Polaris executives, including COO Bennett Morgan... Read more »

MIC announces 2015 Board of Director election results

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October 29, 2014

News release The Motorcycle Industry Council members have elected Arnold W. Ackerman and Andy Leisner to each serve two-year terms on the 2015 MIC Board of Directors. In addition, Don Emde has been reelected to the MIC board to serve a two-year term and will be returning for his 14th year of service... Read more »

Judge issues ruling in case pitting dealership vs. H-D

October 29, 2014

News release In a ruling that could have broad ramifications for manufacturers and auto dealers across the nation, a Hawaii federal judge has designated a state motor vehicle act as the controlling statute in a contract dispute between the motorcycle maker Harley-Davidson and its longtime distributor... Read more »

Polaris celebrates 60 years with NYSE closing bell ceremony

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October 29, 2014

News release Polaris Industries Inc. (NYSE: PII) today announced it will celebrate the Company’s 60-year anniversary with a Closing Bell ceremony from the floor of the New York Stock Exchange. Chairman and CEO Scott Wine and a number of key Polaris executives and team members will participate in the... Read more »

Power 50 dealer selection an ideal social media driver

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October 29, 2014

The 2014 Powersports Business Power 50 dealers outdid themselves when it came to social media coverage of their selection. A total of 13 dealerships celebrated their selection on social media, with a total of 635 likes/favorites. Additionally, the posts garnered 63 comments from their fans, along with... Read more »

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