Powersports Business Magazine - May 20, 2020 View this email online
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May 20, 2020
 

 
 
OEM’s April dirt bike sales double with half of its dealers open
OEM’s April dirt bike sales double with half of its dealers open

With numerous states facing stay-at-home orders, business shutdowns and quarantines, parents have been left scrambling to find ways to keep children and young adults from spending full days staring at electronic screens. As a result, some dealerships are seeing an increase in youth product sales throughout the powersports industry, as ...

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Suzuki-Adventure-Vstrom

 
 
Off-road OEM expanding footprint with two hires

A growing off-road vehicle manufacturer has made two hires as it expands its footprint in the U.S. The combined experience between the two includes ...

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FinditNow

 
 
New motorcycle limited to 300 production units

MV Agusta will be starting the production of its Rush 1000 “drag strip-inspired” bike in June. The first bikes will be rolling out of the ...

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Yuasa

 
 
Did your dealership buck the declining parts revenue trend in April?

Dealerships in the U.S. that use the Lightspeed DMS found that the coronavirus pandemic impacted their parts departments to varying degrees in April, according to ...

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Royal Enfield on brake caliper corrosion in European countries

Following is a notification from Royal Enfield about a service action being taken on Interceptor INT 650, Continental GT 650 and Himalayan motorcycles. Royal Enfield ...

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PiedPiper

 
 
Blog Spotlight
 
 
Sheffield: Dealers should know their Ground Truth

By MARK J. SHEFFIELD Normally you see a problem coming at you, but COVID-19 swooped in from the periphery and it’s catching many dealers unprepared. Scientists have long predicted a global pandemic, but like most other agencies, they had to ...

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Tucker

 
 
Previous Top Daily Stories
 
Tucker closing California, Arizona offices, eliminating COO, CCO positions
624 pounds of food collected with dealer’s outreach 
 
 
Resources
 
2020 Market Data Book 2020 Market Data Book
The 18th annual Powersports Business Market Data Book delivers a collection of information not found in any other industry resource. The 2020 Market Data Book includes: 2019 U.S. new and pre-owned side-by-side registration data; side-by-side global market share and sales trends; the 2020 Annual PSB Dealer Survey; wholesale price averages for ATV, side-by-side, scooter and motorcycle; U.S motorcycle registrations; dealer key performance indicators; dealer expense trends; average gross margin percentage on new units; wholesale seasonal pricing by segment for 2019; wholesale powersports seasonal volume; 2020 first-quarter sales by segment; 2019 vs. 2018 sales by segment; U.S. market share in various segments; dealers’ preferred OEM and aftermarket partners; top snowmobile sales states and Canadian provinces; 2019 PWC market share leaders; 2019 top-performing geographic areas for powersports new units, powersports used units and new PWCs; and much more.

Order now
 
Q2 2019 Dealer Survey 2019 Powersports DEALER Seminars @ AIMExpo sponsored by National Powersport Auctions and Synchrony
The schedule of free dealer training sessions at 2019 AIMExpo in Columbus, Ohio, is available at the link below. See what’s in store in the Sales & Marketing Track sponsored by Torque Group; the Powering Profits Track sponsored by Aegis Powersports; and the Leadership Plus Track sponsored by McGraw Powersports Western Service Contract.

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Catch Up with the Latest Editions of PSB
 
Powersports Business - No.6

 

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Sports Business - No.5

 

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Power Sports Business - No.4

 

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