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NEWS
BRIEFS
For the three months ended July 31,
Dallas-based Copart, Inc., parent
company of National Powersport
Auctions (NPA), reported revenue,
gross profit and net income of
$525.7m, $250.4m and $165.5m,
respectively - a -$16.9m (-3.1%)
decrease in revenue - but a
+$7.8m/+3.2% increase in gross
profit. For the year ended July 31,
revenue, gross profit and net income
were up at $2.2bn, $1.0bn and
$699.9m, respectively.
Italian chain manufacturer
Regina is launching what it
claims is the world's first ever
maintenance-free motorcycle
chain. The innovative and
revolutionary high performance
Endurance (HPE) Z-ring chain
eliminates the required periodic
re-lubrication that motorcycle
riders have traditionally
performed every 1,000 km. The
'secret sauce' is a hydrogen-free
Tetrahedral Amorphous Carbon
(ta-C) coating, currently
considered as the most
advanced among DLC (Diamond
Like Carbon) coatings that is
applied on the surface of the
bushings and rollers.
Tucker Powersports has added SENA
rider communications, information
and entertainment products to its
online Tucker University vendor and
product range learning center.
Featured products include the SENA
50 Series, OutRush helmet and SENA
5S.
Italian electric sportsbike
manufacturer Energica has
signed with FreedomRoad
Financial to offer retail loans to
customers via the U.S. Energica
dealer network for new, used
and certified pre-owned
Energica motorcycles from all
model years.
Owners Todd Gaines and Don
O'Shea have announced the closure
of their Indian Motorcycle of
Libertyville dealership, north of
Chicago, Illinois. Through IPS (Indian
Performance Solutions), the company
was known for its "Breakthrough
Performance Package" for the 111"
Indian Thunderstroke engine - a
newly cast cylinder head with
redesigned combustion chamber and
intake port.
DEI Celebrates "25 Years
of Innovation"
Avon Lake, Ohio based thermal barrier
and sound control products specialist
Design Engineering is celebrating its
25th anniversary.
Founded in 1995 by performance
industry veteran Dale Markley and his
wife Nancy, Dale's son David has been
at the helm since 2001 and has
overseen the company earning an
international reputation for its
dynamic pioneering solutions to
combat power-robbing heat issues.
"Over the years we have designed and
created unique 'thermal tuning
products' for the powersports, racing
and performance aftermarket, as well
as related industries such as aviation,
marine and even locomotive," says
John Gabriel, Powersports Manager.
"DEI is also well known for its 'build
to spec' contract work for commercial,
industrial and military-related
businesses, along with a myriad of
other industries.
"Our extensive product list includes a
wide variety of heat shields and
thermal containment products,
exhaust and pipe wraps, line and hose
sleeving, sound control barriers and
absorbers, headliners and accessories,
safety gear and CryO2, which is
designed to harness the cryogenic
properties of liquid CO2 to lower
intake charge temperatures, resulting
in more horsepower."
Seen here, DEI's bodywork protection
The Motorcycle Industry Council
(MIC, Irvine, California) has
collaborated with its member
companies, their staff and
dealers, and Brussels based
ACEM, to successfully coordinate
lobby action against
motorcycles, parts and
accessories being included in the
most recent round of tariffs
being imposed on EU made
products by the United States
Trade Representative (USTR).
Some 100 comments referencing
motorcycles were received by
the USTR during its consultation
period, urging against tariffs of
up to 100 percent on all 500-700
cc motorcycles and scooters, as
well as all parts and accessories
from the EU and the United
Kingdom.
"We're incredibly pleased that
European motorcycles, parts and
accessories have been removed
kit is designed to keep excess heat
from melting plastic and frying
bodywork. It is great for use on
fairings, air boxes, seat pans, rear
fenders, etc.
"This kit is great to use when adding
an aftermarket exhausts or
replacement plastics that didn't
include any heat shielding. The
superior materials can also provide an
upgrade over worn out OEM heat
shielding. All materials have a selfadhesive
backing and can be cut easily
from the most recent round of
EU tariffs in relation to the
Airbus situation," said John Hinz,
CEO of KTM North America Inc.,
and MIC board member. "We are
extremely thankful that the U.S.
Trade Representative heard our
concerns and recognized the
unintended and potentially
devastating impacts that tariffs
could have on our industry.
"This would not have been
possible without the support of
the MIC and its members, the
efforts of Congressman Michael
C. Burgess, M.D., Congressman
Tim Walberg, Congressman Ken
Calvert, Congressman Jim
Jordan, our dealers and our
employees, and the support of
to shape."
The kit includes one 12" x 24" DEI
Reflect-A-Cool heat reflective sheet,
one 1-1/2" x 15 ft roll of Cool Tape,
and two 10" x 10" sheets of Extreme
Heat Barrier.
www.deipowersports.com
USTR Postpones 100% EU Tariffs
all our industry partners. Thank
you to all who wrote letters,
made phone calls, and let
Washington, D.C., know the
value of our industry and our
businesses here in the United
States."
It was an international effort as
well, with written comments
supplied by Antonio Perlot,
Secretary General of ACEM, the
motorcycle industry trade
association in Europe.
"This was the third time the
USTR made this proposal, and
the third time the industry was
able to prevail with combined
support," said Erik Pritchard,
MIC President and CEO. "The
MIC's Government Relations
Office will continue to monitor
the situation, hoping that the
USTR does not propose these
tariffs a fourth time."
www.MIC.org
12 AMERICAN MOTORCYCLE DEALER - OCTOBER 2020 www.AMDchampionship.com