Arctic Cat Reports Fiscal 2015 Second Quarter Results
Arctic Cat’s fiscal 2015 second-quarter net sales rose approximately 10 percent to $262.5 million, due to higher snowmobile sales to its OEM partner and Arctic Cat’s dealers, strong Wildcat sales and double-digit sales gains in the parts, garments and accessories business.
Polaris Reports Second Quarter Results
Polaris Industries Inc. reported record second quarter net income of $96.9 million for the quarter ended June 30, 2014, up 21 percent from the prior year’s second quarter net income of $80.0 million. Sales for the second quarter 2014 totaled a record $1,014.0 million, an increase of 20 percent.
BRP Reports Fourth Quarter and Fiscal Year 2014 Results
BRP had record revenues of $3.194 billion for fiscal year 2014, a 10% increase compared to 2013. The company’s net income was $59.7 million, which was due in part to successfully launching new products and receiving numerous prestigious awards across BRP’s product line-up.
SEMA Report Examines the Powersports Accessories Market
Released by the Specialty Equipment Market Association (SEMA), the 62-page report provides auto accessory businesses with an understanding of the needs and purchase habits of UTV owners and aids in their marketing, sales and product development efforts.
December 2013 Year End Dealer Data Report
All-in-all, 2013 was a decent year. You can see from Chart 1 that total store sales were up, as was Net Operating Profit (NOP) – albeit slightly. Overall store margins slipped a small amount for the group and the Top 5, but increased slightly for the National Norm (NN) dealers. The Top 5 continue to
Hein Gericke Reportedly Bought by Chinese Investors
Following its insolvency filing in December, industry reports suggest that Hein Gericke Deutschland GmbH has been acquired by the Barcelona headquartered group of Chinese investors that is headed by Arthur Liao, the owner of Chinese helmet manufacturer LS2.
BMW Motorcycles USA Reports 17% Increase in Sales
BMW Motorrad USA achieved double-digit growth in the U.S. and set a worldwide record for sales three years in a row when it reported a 17 percent increase in sales for 2013 with 14,100 units sold.
NPA Trend Report: Rising Demand And Rising Product Availability
November is the first month since spring to show an uptick in average wholesale price across a majority of categories. NPA feels this upward trend in average wholesale price will continue into the spring of 2014.
ARI Network Services Reports Record Fiscal Fourth Quarter
ARI’s fiscal fourth quarter revenues showed a 44 percent increase over the same period last year. The company also highlighted its fiscal year 2013 performance.
AIMExpo Reports Successful Attendance Numbers for Inaugural Show
Attendees from around the world made the trip to sunny Orlando Oct. 16-20, to attend the inaugural American International Motorcycle Expo. The AIMExpo team has released a snapshot of the show by the numbers. Click through for the rundown.
American Honda Reports Strong First Fiscal Quarter 2014
American Honda’s fiscal first quarter reports, which concluded on June 30, showed sales growth and retail share increases in the U.S., according to the company’s earnings call transcript.
Harley-Davidson Reports Growth in Second Quarter
Second-quarter 2013 diluted earnings per share increased 13.1 percent on higher motorcycle shipments and continued gains in operating efficiencies, compared to the year-ago period.
Suzuki Reports Sales Gains for June
Overall, June 2013 sales were nearly 30 percent stronger than the same month last year. The largest sales gains were realized in the standard motorcycle category, including the 2013 Suzuki SFV650, which reached Suzuki dealership sales floors earlier in the month. Across other categories, Suzuki made strides over last year’s same-month sales.
BMW Motorrad Reports Record May Sales
Throughout the month, 1,809 motorcycles were sold – an increase of 61.1 percent compared to 2012. This figure beats the previous May record from 2005 by approximately 170 units.
Suzuki Motor of America Reports Strong Spring Sales
Combined motorcycle, ATV and scooter sales to Suzuki dealers are up 68 percent for April compared to last year’s sales (reported by American Suzuki Motor Corp.). With new Suzuki motorcycles arriving at dealers throughout May and June, the company expects robust sales to continue.
National Powersports Auctions and instaVIN to Offer Powersports History Reports to Dealers
instaVIN Vehicle History & Title Reports are now available through NPA’s online auction portal, www.NPAuctions.com. To introduce dealers to the service, NPA is providing access to free instaVIN reports on qualified vehicles from their online auction listings during the month of February. Dealers can also buy reports to build buyer confidence starting at just $6.99 each. Dealers can also buy in volume for as little as $3.99 each.