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Tuesday, 20 December 2016

News Briefs

Harley declared a $0.35 cash dividend per share on November 28, payable December 30, to common stock holders as at December 16.

Lightspeed, the dealer management software provider, says that the 1,600 plus domestic U.S. powersports dealers of all kinds who use their systems are reporting October overall sales down by -5.2 %, with parts sales -8.5%, service -5.4% and vehicle unit sales -3.9 %, compared to October 2015.

INTERMOT say that their 2016 attendance was up, at 220,000 visitors. A big part of the increase is thought to be due to the debut of ‘INTERMOT Customized’, the new show-within-show concept that plays host to the AMD World Championship of Custom Bike Building. The show saw Hall 10 at Koelnmesse emerge as the acclaimed new international headquarters event for the fast growing and fast changing custom motorcycle market. Some 70 percent or more of show visitors are reported as visiting ‘INTERMOT Customized’ – making it the #1 best attended custom bike show in the world. 

AMD Magazine will be publishing an updated 2017/2018 edition of its popular International Aftermarket Directory in the spring of 2017. Acclaimed as the most comprehensive (indeed the only) V-twin market-specific buyers’ guide, it will feature something in the region of 50 individual pieces of information about some 3,000 plus vendors from more than 100 countries on more than 200 pages – no wonder it’s known as “The King” of buyers’ guides!

Viola, Wisconsin based S&S Cycle has teamed up with Nextep Funding to release “Power Terms Financing” – described as a “first of its kind financing tool [for its dealers] that allows riders to invest in S&S performance product [and dealer installation if required] with minimal cash outlay.”

Polaris declared a regular quarterly $0.55 per share cash dividend payable on December 15, 2016 to shareholders of record at the close of business on December 1, 2016.

Baker Drivetrain say that prototype units of their ‘Grudge Box’, a new generation overdrive that is said to be able to handle over 200+hp, have passed internal testing and are now out with experienced test riders to prove durability before shipping, which is expected to be in time for Daytona Bike Week installs. Features include a .92 overdrive 6th gear for a 250 reduction in those gas guzzling rpms.

With some 22 months still to go, the first two entries have already been received for the 14th AMD World Championship of Custom Bike Building at ‘INTERMOT Customized’ at Cologne, Germany, in October 2018 – entrants from the UK and Switzerland! Entry forms are live online at