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

The 2020 Distinguished Gentleman ' s Ride ( DGR ) took a very different approach in 2020 - men and women around the world " rode solo together " on Sunday the 27th of September 2020 , raising $ 2.74m for men ' s health charitable foundation ' Movember '. Founded in 2012 , this year the event was supported by global sponsor Triumph Motorcycles and is said to have " brought together " over 56,000 motorcyclists from 171 countries and 2,531 cities .

In coordination with the Association of Swiss Motorcycle and Scooter Importers ( motosuisse ), Swiss-Moto has suspended plans for its 2021 Expo ( Zurich , February 18-21 ) and will instead trial proposals for a digital / virtual event . Swiss-Moto usually attracts more than 65,000 visitors and plays host to Swiss Custom - a very high caliber custom bike show .

When Cyberpunk 2077 hits gaming platforms in November 2020 , it will do so complete with Canadian superhero and noted motorcycle enthusiast Keanu Reeves and a future envisaged version of the Arch Method 143 . Sadly , the T143 2,343 cc ( 143 ci ) fuel-injected S & S V-twin powerplant has been replaced with something a tad more late-century politically correct - but hey , by then we will all have been obsoleted !

Kawasaki Heavy Industries in Japan has announced a plan to split off its motorcycle business into a separate business unit . As one of a range of corporate reorganizations , KHI cites the " considerable success " of its Powersports and Engine divisions during the COVID-19 pandemic and the resulting " reignited interest in our industry " as among the reasons for this strategic change .

Outdoor Network , the parent company of Partzilla . com , is to invest some $ 22m expanding its Georgia facility , creating some 90 plus new jobs . The growth stems from the consolidation and expansion of the company ' s existing call center and distribution headquarters in Albany- Dougherty County , as well as the location of an advanced manufacturing operation producing 125-200 hp diesel outboard engines for OXE Diesel .

<<< Continued from page 64

Global Adjacent Markets segment sales , including PG & A , were -6 % at $ 107m . Aftermarket segment sales were slightly up at $ 237m . Transamerican Auto Parts ( TAP )

sales were + 1 % at $ 194m . The company ' s other aftermarket brands sales were -1 %. Boats segment sales were + 30 % at $ 155m , " driven by broad based strength across all brands ." Parts , Garments and Accessories ( PG & A ) sales were + 28 % for Q3 ; international sales to customers outside of North America , including PG & A , were + 9 % at $ 203m . Net cash provided by operating activities was $ 676m for the nine months ended September 30 , 2020 , compared to $ 436m for the same period in 2019 . Total debt at September 30 , 2020 , including finance lease obligations and notes payable , was $ 1,864m . The company ’ s debt-to-total capital ratio was 66 percent at September 30 , 2020 compared to 64 percent at September 30 , 2019 . Cash and cash equivalents were $ 821m at September 30 , 2020 , up from $ 122m at September 30 , 2019 .

Although strong sales since the peak of the first coronavirus lockdown in Europe earlier this year may have helped lessen the problem , at one stage this year it looked like the motorcycle market in Europe may have been headed down a bottomless pit . The cause of the travail was the timing of the end of the new motorcycle Euro 4 to Euro 5 transition period . All new motorcycles in Europe had to be Euro 5 compliant at the start of 2020 , but all unsold Euro 4 inventory as December 31 2020 would have been rendered unsellable . Fortunately , common sense has prevailed - the EU Council and European Parliament have agreed to a 12-month derogation that will give dealers until the end of 2021 to be able to clear Euro 4 inventory legally . Brussels based international motorcycle industry trade association ACEM and the various national motorcycle industry trade associations around Europe have lobbied hard to achieve this result and have now

Diluted Net income per share : $ 2.66 $ 1.42 $( 1.20 ) $ 3.62

FINANCIAL AND OPERATIONAL HIGHLIGHTS

• Q3 reported sales + 10 % to $ 1,955m

• Q3 reported net income was $ 2.66 per share

• Q3 North American retail sales increased + 15 % led by strength in ORV , Motorcycles and Snow . Boats doing well also .

• Q3 gross profit margin 27.3 %, up 270 basis points over prior year - " primarily due to positive product mix and lower promotional costs "

• Q3 dealer inventory levels - 55 % " due to strong retail sales growth "

• Q3 liquidity profile " remains solid " with debt / EBITDA at 2.45 times and total liquidity of $ 1.5bn at quarter end

• Raising full-year 2020 sales with sales up in the range of 2 % to 3 %

welcomed this revision of Euro 4 " end of series " provisions . " The motorcycle industry in Europe welcomes the recent decision by the Council of the EU and the European Parliament to endorse the European Commission ' s proposal adapting the rules on end of series vehicles in EU Regulation 168 / 2013 ," said Antonio Perlot , ACEM Secretary General . The proposal , supported by the two

The well received Indian Challenger - Q3 North American consumer retail sales for Indian Motorcycle increased in the low-forty percent range .

" Given the continued strong retail environment , the company is raising its sales and adjusted earnings guidance for the full year 2020 . Sales are now expected to be in the range of $ 6,925bn to $ 7.0bn , up two to three percent compared to 2019 adjusted sales of $ 6,783m .

Antonio Perlot , ACEM Secretary General - " The motorcycle sector thanks the European Commission ' s President von der Leyen as well as Commissioner Breton and his team at DG GROW for their decisive political dealership and swift response to this crisis ."

legislative bodies , will cover only the vehicles that were in stock at the moment when national lockdowns were introduced across the EU . More specifically , the amount of vehicles benefiting from the revised end of series measures will not exceed the number of Euro 4 L-category vehicles in stock in the EU on 15 March 2020 - which was estimated by industry experts at around 550,000 units . It is worth emphasizing that the amendment to the end of series provisions in EU Regulation 168 / 2013 will not affect the original timeline foreseen for the introduction of the Euro 5 standard , i . e . 1 January 2021 , for existing moped and motorcycle models type-approved before the 1 of January 2020 .

10 AMERICAN MOTORCYCLE DEALER - DECEMBER 2020 www . AMDchampionship . com