Features | Powersports Business

Husqvarna unveils 2022 off-road and dual-sport range lineup

Nick Longworth — Thu, 13 May 2021 14:53:30 +0000

Husqvarna Motorcycles North America has introduced the 2022 off-road and dual-sport range, featuring seven two- and four-stroke machines that offer a host of innovations in conquering all types of terrain. According to the announcement, the new TE, FE and FEs models further the reputation of Husqvarna Motorcycles for its winning combination of dynamic performance and ...

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Polaris reports Q1 2021 earnings, all segments show increases

Nick Longworth — Tue, 27 Apr 2021 15:01:59 +0000

Polaris has announced its Fiscal Year 2021 Q1 earnings, no doubt to the delight of many, as the company is reporting an overall adjusted sales increase of 39%, and an adjusted gross profit margin of 24.7%. Meanwhile, market share improved for all segments during the quarter, including ORV, snowmobiles, motorcycles and boats, as North American ...

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Dealer inventory through April already sold: report

Dave McMahon — Tue, 09 Feb 2021 15:31:01 +0000

Minnesota’s Twin Cities news station Kare 11 is reporting that snowmobile inventory is light for some dealerships across the “land of 10,000 lakes" that’s also known for copious amounts of snow. According to the story, Kent Anderson, owner of Tri-K Sports in Maple Plain, says he was “scared to death,” in the early weeks of ...

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TCF acquires BB&T Commercial Equipment Capital

Dave McMahon — Tue, 02 Feb 2021 16:34:43 +0000

TCF Capital Solutions, a division of TCF National Bank, announced that TCF has acquired BB&T Commercial Equipment Capital, Corp. (CEC), which includes a portfolio of approximately $1 billion of equipment finance leases and loans. CEC was Truist Bank’s national small-ticket equipment leasing and finance business. Approximately 60 employees from Truist/CEC have joined the TCF team ...

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Healthcare worker wins Dunlop-donated 2020 Harley-Davidson

Dave McMahon — Wed, 13 Jan 2021 12:30:00 +0000

To thank healthcare workers and first responders for their heroic actions during the pandemic, Dunlop asked people to nominate their own “Humble Hero” for the chance to win a 2020 Harley-Davidson XL1200 Sportster Roadster. According to a Dunlop announcement, choosing a winner among all the submissions wasn’t easy, but the story of new Physician Assistant ...

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2021 Gold Wing is Honda’s first new-model reveal of the year

Dave McMahon — Wed, 06 Jan 2021 16:18:13 +0000

In its first new-model announcement since the New Year, Honda confirmed that the Gold Wing family gets a number of upgrades for 2021, designed to deliver improved comfort and convenience for long-distance touring. Among the improvements is a capacity increase for the Tour version’s trunk, which now easily accepts two full-face helmets. Honda also announced ...

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American Landmaster adds two industry veterans to advisory board

Dave McMahon — Tue, 05 Jan 2021 15:46:47 +0000

The side-by-side manufacturing landscape just got more interesting with news out of Columbia City, Indiana, that a pair of industry veterans have joined the advisory board at American Landmaster. The latest additions to the American Landmaster advisory board are Henry Lonski and Frank Esposito. Lonski is an industry product and sales expert known for the ...

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After devastating fire D&S Harley-Davidson owners offer advice

Dave McMahon — Tue, 08 Dec 2020 16:22:17 +0000

Anyone who’s ever ran a dealership knows determination is a key attribute to being successful at it. When Powersports Business came across the story of D&S Harley-Davidson in Bedford, Oregon, and the resilience the family shop has had to begin rebuilding after a devastating fire destroyed its shop just months shy of its 50th anniversary, ...

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Off to buy a trail groomer, he also bought a dealership

Dave McMahon — Thu, 03 Dec 2020 17:41:29 +0000

There’s nothing like a good yarn that describes how a dealership changed owners, especially if it's a snowmobile dealer as we endure 40 degrees and sun with no snow in sight. Hexco Motorsports in Oshkosh, Wisconsin, was formerly Ecklund Motorsports Oshkosh. A trip by a couple of snowmobile club members to pick up a new ...

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All-electric side-by-side pricing revealed; crowdsourcing platform launched

Dave McMahon — Tue, 01 Dec 2020 15:34:46 +0000

Beginning today, investors of all kinds will have the opportunity to join the growing electric powersports sector with the announcement of Volcon’s new funding round on crowdsourcing-investment platform WeFunder — the largest funding portal by number of investments, investment volume and investor returns. Investment opportunities are open to the general public by visiting the website: ...

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