Yamaha Motor Corp. Raises $60,000 for Feed the Children Oklahoma Relief Fund
Due to the recent tragic events in Oklahoma, Yamaha spurred its employees and dealer network to action at its recent national dealer meeting in Las Vegas. Racing memorabilia, including helmets, leathers, gloves, autographed racing bodywork and more, was auctioned off to attending dealers. All of the money raised will go to the relief fund.
Oversupply of ATVs Causes Unusual Drop, Other Segments Up
Prices continue to inch upwards again this month. The surprising part is that the increases are by much smaller amounts than we have historically seen for this time of year. All of the bike segments are up by less than 1 percent. Cruisers and off-road bikes are up by .9 percent, on/off-road bikes are up
Surprising Downward Trend in ATV Market
The powersports market is slowly but steadily inching its way upwards as spring finally arrives. The rate of increase is a little slower than normal, probably due to a still hesitant economy, but the overall seasonal trend is still upwards with one surprising exception. First for the bad news: snowmobile prices have dropped substantially, as
Dominion Powersports to Host Marketing and Sales Webinar for Used Market
“How to Become a Bigger Presence in Your Used Market” will feature experts from Dominion, National Powersports Auctions (NPA) and Gart Sutton and Associates, who will identify how dealers can have a bigger used marketing and sales presence in their respective markets.
Sales Slightly Lower, But Spring is Right Around the Corner
This month finds the powersports market cranking up for spring. Values are up for all segments except snowmobiles, but by slightly lower amounts than normally expected at this time of the year. With record snowfalls in the Northeast coming too late in the year to nudge prices upwards, this month’s negative 2.4 percent decline in
How to Give Trade Values Without Getting Punched
“So what will you give me for my trade?” The customer eyes you up with the intensity of a Turkish carpet trader at the Grand Bazaar in Istanbul. You look at his gleaming 9-year-old freshly washed ride and take in the custom paint job. It truly is a piece of work. You’ve probably seen this
A Great Place To Race: Motorcycle Land Speed Racing
A story of how one rider became an amateur racer.
Most Values Trend Upwards In Preparation for the Riding Season
After the last couple of months in which values remained largely flat, February brought some movement to most, though not all, segments in the powersports market. One segment even shows almost exactly zero net change this month. First up, the segments showing losses are the ATVs and, somewhat surprisingly, the snowmobiles. ATVs are down -.4
Strength in Four-Wheel Sector
In the powersports market this month, the ATV and utility vehicle segments have finally shown the pricing strength we expect for this time of year. This is in marked contrast to last month, where these segments saw only minimal increases in value, which is highly unusual for the time of year. ATVs are up by
KK Motorcycle Supply Founder Passes Away
JR Kelley died on Dec. 8 at the age of 86. He made numerous contributions to the motorcycle industry by serving as president of the American Motorcyclist Association and establishing various charitable fundraising events.
VP Racing Fuels’ Pink Motorsport Containers Collect $2,695 for Charity
The product was launched in October as Breast Cancer Awareness Month special release, but the company will keep it as a regular stock item. For each sale of the product, VP will donate $2.50 to the Prevent Cancer Foundation; donations will double during the month of October.
ATVs, Utility Vehicles Show Pricing Strength
This increase is in marked contrast to last month, where these segments saw only minimal rise in value, which is highly unusual for the time of year. Snowmobiles continue to inch upwards as winter approaches, while values for various bikes begin to decline.
Unexpected Powersports Market Shifts
Ricky Beggs notes that prices have decreased again, but to a lesser degree than they did last month.
NPA Launches Mobile Site
National Powersport Auctions has launched NPA Mobile, the auction company’s newest online service, offering powersport dealers a wide variety of auction services including the ability to preview and bid from any smartphone or tablet.
Grayboy Motorsports Store Purchased by World of Powersports
Matthew and Mark Jackson have purchased the Peoria Heights, Ill.-based store, which was originally slated to close at the end of September. The new store will retain all original Grayboy employees and plans to expand its staff.
First Group of AIMExpo Exhibitors Revealed
The inaugural event will be held Oct. 16-20, 2013 at Orlando’s Orange County Convention Center.