Lithia & Driveway Enters North American Powersports Market
The company acquired Pfaff Harley-Davidson in Toronto, Canada
Kuryakyn Sold to Tucker Powersports
Tucker Powersports announced that it is acquiring Kuryakyn Holdings LLC. Tucker will incorporate the Kuryakyn product offering and product development into the Tucker organization this year. Kuryakyn’s employees and suppliers were informed of the acquisition. “This is a tremendous move for Tucker, for the Kuryakyn brand and for the dealers we serve,” said Tucker President
Polaris Releases Q2 2021 Results
North American retail sales decreased 28% for the quarter compared to uncharacteristically strong retail sales last year, driven largely by low product availability due to supply chain constraints limiting production. On a two-year basis, retail sales were up 14% over second quarter 2019 pre-COVID levels Second-quarter reported and adjusted sales increased 40% to $2,117 million, a second-quarter
Volcon ePowersports Hits Funding Milestone
Volcon ePowersports reached a new milestone as the company announced the closing of $17.5 million in funding, bolstering the growing organization with new company hires and expanding production capacity to meet consumer demand.
Catalyst for Change: Embracing Opportunity Leads to Dealership Profitability
While dealers may be overwhelmed trying to keep up with demand, Lightspeed gives dealerships innovative tools to help them manage, along with solutions to increase profitability.
Race Winning Brands Acquires Victory 1 Performance
Victory manufactures titanium and inconel valves, custom machined retainers, lash caps, valve locks and stainless-steel intake and exhaust valves.
Fox Factory Bolsters Management to Lay Foundation for Next Phase of Growth
Fox Factory Holding Corp. announced the appointment of three key new leadership additions as the company continues to lay the foundation for its next phase of growth.
Polaris Names Michael Speetzen as CEO and Bob Mack as CFO
Speetzen and Mack have been serving as interim CEO and interim CFO, respectively, since January.
Brembo Acquires J. Juan
With this transaction, the group expands its brand family and completes the range of solutions for motorbike braking systems.
Kandi America Launches Powersports Division, Expands Electric Footprint
Kandi Powersports will focus exclusively on bringing Kandi’s unique combination of industry knowledge, cutting edge technologies and expertise across manufacturing and electric to the powersports market.
Spirit Motorcycles Acquires Motorcycle Engineering Firm Talon
Cattaneo Corporate Finance has advised Spirit Motorcycles, the team that pioneered the British GP2 Championship, on its acquisition of Talon Engineering for an undisclosed sum.
RumbleOn, RideNow Announce Definitive Agreement to Combine Companies
The integration of RideNow’s extensive footprint and strong retail brand with RumbleOn’s technology platform will transform the nation’s largest powersports dealer into the first omnichannel powersports platform in North America.
Harley-Davidson Announces First Chief Electric Vehicle Officer
Effective April 1, Morrissey will join Harley-Davidson with over two decades of experience in disruptive technologies and the development of new business ventures.
Podium Appoints Chief Product Officer and EVP of Engineering
Podium announced the appointment of John Foreman as chief product officer and Tim Milliron as executive vice president of engineering.
Certified Parts Corporation Promotes Jay Grafft
Jay is assuming the title of president of Certified Parts Corporation after the passing of Steve Consigny.
Nivel Acquires High Lifter
In addition to expanding the Nivel UTV product line into lift kits, tires and wheels, axles and snorkels, High Lifter brings cutting-edge product technology and development capabilities along with a strong, premium brand.
