Indian, Victory sales rev up first quarter for Polaris
MINNEAPOLIS, Minn. – Sales were up across all categories for Polaris Industries in the first quarter of 2015, with domestic motorcycle sales up a whopping 74 percent from the same quarter last year on new vehicle introductions, the company reported today.
Polaris stock rose 3.7 percent in early trading on the news, even though Polaris’ chairman and CEO Scott Wine noted room for improvemen...
Suzuki: Several models make sales headway in March
BREA, Calif. - Suzuki dealers in March recorded year-over-year sales gains for a variety of motorcycles, scooters and ATVs, the OEM reported. Bright spots were in the dual sport and enduro segments, said Steve Bortolamedi, communications manager, in a monthly press update.
In the dual sport segment, the new DR200S proved to be a popular price-point motorcycle, while the
CONVINCING CUSTOMERS to spend money on safety technology is tough.
Case in point: airbags for automobiles. John Hetrick, a U.S. Navy engineer, designed one of the first airbag systems based on his experience using compressed air for launching torpedoes from submarines. His 1951 patent is a good example of an invention with a great deal of“safety value but no economic value, as the patent expire...
Dothan Powersports adding off-road showroom, doubles space
DOTHAN, Ala. – Spreading out around the middle when you turn 65 is pretty commonplace, so no one should be surprised: that’s what longtime Top 100 dealer Dothan Powersports is doing now.
The dealer built and moved into its current 22,000 sq. ft. space (see image, right) back in 2000. A lot has changed since then, not least the size of the vehicles on the lot: Dothan carri...
Polaris fuels snow bike market with Timbersled acquisition
MINNEAPOLIS, Minn. - Polaris Industries has acquired Timbersled Products, a Sandpoint, Idaho-based company that develops and sells kits to convert off-road motorcycles for snow use. Terms of the transaction were not disclosed.
“We are excited to add the Timbersled brand and team to Polaris’ strong snowmobile business. Timbersled has created a compelling product and revolutionized the spor...
Harley-Davidson reducing 2015 shipments following soft first-quarter sales
MILWAUKEE, Wis. – Harley-Davidson will scale back motorcycle shipments and growth projections for the rest of the year after a decrease of 1.3 percent in worldwide sales during the first quarter of 2015.
Wall Street negatively reacted to the announcement on Tuesday, with shares of Harley-Davidson (HOG) falling 9.7 percent to $55.59 In early trading.
Dealers worldwide sold 56,661 new Harley...