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V-Twins to See Ripple in Market as a Result of COVID-19

With the first quarter results in from major OEMs, the impact of the coronavirus has created a rippling effect that will reflect well into the remainder of the year.

NPA: Pre-Owned Market Insights Video, May 4-9

NPA released their used market insights video for the week of May 4-9.

NPA: Pre-Owned Market Insights Video, April 27 to May 1

NPA released their used market insights video for the week of April 27 to May 1.

NPA: Pre-Owned Market Insights Video, April 20 -26

NPA released their used market insights video for the week of April 20-26.

Aftermarket Has Unprecedented Surge in Online Sales

This shows parts and accessories sales continue to grow online, accelerated by the coronavirus shutdown and stay-at-home orders across North America.

SxS Market Update in the COVID-19 Crisis

The side-by-side market was on an upward trajectory until March, when the world was hit with the COVID-19 pandemic. Most of the powersports industry, and country, shut down or reduced staff and limited retail operations.

Polaris Reports 2019 3rd Quarter Results

Polaris Inc. released third quarter 2019 results with sales of $1,772 million on a reported and adjusted basis, up 7% from reported and adjusted sales of $1,651 million and $1,653 million for the third quarter of 2018, respectively.

Polaris Reports 2019 2nd Quarter Results

“We worked diligently to overcome the impacts of tariffs, a very wet spring and an aggressive promotional environment, delivering financial results slightly favorable to expectations but trailing our long-term performance goals.”

BRP Reports Fiscal Year 2020 1st Quarter Results

“We have experienced strong retail momentum in North America and Europe with all our sectors trending positively, and we are very satisfied with our year-over-year revenue growth of 17%, even while operating in a dynamic environment.”

Powersports Market Heats Up Across The Board

According to Black Book, the powersports market is seeing increases heading into the spring months. The one really big increase this month is the off-road segment, up nearly 4%. The off-road segments as a whole (off-road, ATV and utility vehicles) have been under-performers of late, and the dirt bikes are the last of these units

Polaris Reports 1st Quarter Results

Polaris reported and adjusted sales for the first quarter of 2019 which increased 15% from the first quarter of 2018.

Black Book: Powersports Market Beginning to Warm Up

“Entry-level, affordable and mid-range units lead the way as the powersports market enters spring.”

Off-Road Selling: There’s Plenty of Dirt to Dig in Off-Road Markets

According to the latest stats from MIC, the off-road segment is hot, which leads us to believe there are plenty of opportunities for dealers willing to play in the dirt.

Market Survey Analysis Shows Improvement in UTV Sector

Despite the uncertainties that continue to loom over the industry as a whole — namely, tariffs in 2019 and rising interest rates, among other macroeconomic concerns — dealer sentiment remained positive.

Youth ATV, UTV Market Expected to Hit $380M by 2024

Increased participation in events for off-road riding, including racing, has influenced and diversified the range of models offered in the segment, also allowing for a varied price range to support business growth.

Electric Motorcycles: The Search for New Markets

While the western motorcycle industry as a whole is stagnant, electric motorcycle sales are growing.