Wednesday, 23 June 2021

News Briefs


 

Polaris has declared a regular cash dividend of $0.63 per share payable on June 15, 2021 to shareholders of record at the close of business on June 1, 2021 and also announced board authorization for the repurchase of up to $1bn of the company's outstanding common stock. This new repurchase authorization replaces the prior board authorization.

Easyriders Events has announced rearranged dates for its Easyriders Rodeo events for this year at Fowlerville, Mi., August 20-22, and Chillicothe, Oh., September 2-6; easyridersevents.com

DynoJet is rolling out a new Authorized Reseller Program in the United States which requires dealers to register with Dynojet Research, using its online Authorized Dealer Registration Form.

Lowbrow Customs has announced Saturday, Nov. 6th, 2021 as the planned date for its free-entry Fuel Cleveland show - at the Twist Drill Cleveland (Ohio) building. Tyler Malinky: "This is a huge venue with LOTS more room. This will be the biggest and best Fuel CLE yet!"; www.lowbrowcustoms.com

The MIC has announced Q1 sales of new motorcycles and scooters through March increased +37.2% percent "among leading brands", compared to the same period last year. The data comes from the MIC Retail Sales Reporting System, which gathers new-unit numbers from 14 leading manufacturers and distributors in the U.S.

Harley-Davidson became an Official Partner of the 2021 MotoAmerica Series in April. The hook was the three-round Mission King Of The Baggers series as well as Kyle Wyman's Screamin' Eagle Road Glide entry.

Michelin has announced its 'Scorcher Adventure' as a "tailor-engineered" stock tire for the H-D Pan America 1250, for 80% road and 20% trail use, plus the 'Anakee Wild' as an authorized Harley dealership available option for high-performance trail use. More than 40% of the motorcycles manufactured by Harley are equipped with the French firm's products.

The biennial Tokyo Motor Show has been canceled for the first time in its 67-year history. First staged in 1954, it drew 1.3 million visitors in 2019 and had been due to be staged again in October this year. Japan is facing a surge in COVID-19 cases, driven by more infectious variants of the virus, and was expected to declare a state of emergency for Tokyo, Osaka and two other prefectures from 25 April to 11 May.

In contrast, April saw the world's first major global car exhibition go ahead since the start of the pandemic. Auto Shanghai 2021, the biggest motor show in China, was open to the public, but with attendees having to take COVID-19 tests to gain entry. Described as a "Petri dish for Electric Vehicles," the show is a bellwether for the change of direction in the car industry. Some 1.3 million EVs were sold in China in 2020 - around 40% of the global market.

Following its ill-starred dalliance with Mercedes Benz, storied Italian boutique motorcycle manufacturer and former H-D subsidiary MV Agusta has been under Russian investor ownership since 2018. The company has now unveiled a "new brand strategy" to develop its business in the United States, Canada and LATAM. Headed up by Christian Henderson as Managing Director Americas, "the focus will be on the development of a premium support network, the application of the latest business technology, and the launch of exciting new products and services to create a thrilling customer experience."


Sources: AMD, IDN, FT, Reuters, PSB, MPN, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news, RideApart.com, Motor1.com, Cycle World, motorbikewriter.com