Electric Motorcycles: The Search for New Markets
While the western motorcycle industry as a whole is stagnant, electric motorcycle sales are growing.
Tucker Powersports Adds Greg Blackwell in New Sales and Marketing Role
Tucker Powersports announced the hiring of Greg Blackwell to the new position of senior vice president of sales and marketing.
Motorsports Aftermarket Group Builds Leadership Team with Motorcycle Industry Veterans
Meet Potts, Heichelbech, Buettner and the more of the team at the Tucker display, booths 551 and 567, throughout AIMExpo.
EU Motorcycle Registrations Up During 1st Half of 2018, According to ACEM Report
An increase in motorcycles on the road is a positive sign for the powersports industry, and the latest figures of the ACEM indicate that registrations represent an increase of 7.2 percent.
Autotrader and Motorcycles: History Reports with Cyclechex
Autotrader recently partnered with Cyclechex’s Motorcycle History Reports to facilitate finding reports on previously owned vehicles on the majority of its dealer and private seller listings.
Polaris Reports 2nd Quarter Results of 2018
“With solid retail growth and market share gains in both our off-road and Indian Motorcycles, we are reaping the benefits of our safety and quality investments, new product innovations and improved delivery performance.”
Powersports Market Projected to Grow, Forecast to 2023
The Global Powersports market sales value was $11,334 million in 2017, and it is projected to reach $13,596 million in 2023.
The UTV Aftermarket Awakens
As the market for UTVs continues its upward trend, so does the number of aftermarket companies who cater to this segment. Early UTVs such as the John Deere Gator, Kawasaki Mule and Polaris Ranger were primarily used for work whether it was for a construction company or farmer.
Reports: Q1 Side-by-Side Segment ‘Solid’
NADAguides.com’s recent Powersports Market Insights report says that while motorcycle sales had a rougher start to the year, utility and sport side-by-sides had a positive first quarter.
Report: Millennial Motorcycle Buyers Aren’t Interested in Harley-Davidsons
What is the cause of Harley-Davidson’s woes? Here are two critical factors to consider: the lack of millennial motorcycle buyers interested in their products, and the dwindling number of boomers still buying new motorcycles.
UTV Market Trending Up?
In 2008, the number of UTVs sold in the U.S. was around 270,000 units before the financial crisis took hold. In 2016, that number had grown to just under 411,000!
Polaris Reports 18 Percent Fourth Quarter Increase in ’17
Polaris Industries Inc. has reported record fourth quarter 2017 sales of $1.431 billion, up 18 percent from $1.218 billion for the fourth quarter of 2016.
Harley-Davidson Reports Fourth Quarter Revenue Up, Full-Year 2017 Retail Motorcycle Sales Down
Harley’s worldwide retail motorcycle sales were down 6.7 percent in 2017 compared to 2016. U.S. retail sales decreased 8.5 percent and international retail sales were down 3.9 percent.
V-Twin Market Update: The Search For New Customers Continues
By this point, everyone knows how Harley’s woes with selling new bikes and finding new customers has trickled down to just about everyone in the powersports industry (except perhaps the UTV market). We don’t mean for this to sound so downbeat, but it is what it is until we find some solutions… and fast!
MARKET UPDATE: RUVs Rocking! ATVs Rolling!
The silver lining in the face of continuing soft motorcycle sales has been the hidden strength of the Side-by-Side (SxS) market and continued stability of the ATV sector. We say “hidden” because unlike motorcycles, scooters and ATVs, Recreational Utility Vehicles sales are not reported by the Motorcycle Industry Council. Overall ATV/UTV new unit sales fell
Polaris Reports 2017 Third Quarter Results
Polaris North American unit retail sales were up 13 percent with ORV retail sales up mid-teens percent and Indian Motorcycles unit retail sales up 16 percent.