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

Huntington Beach , CA based Tolemar has been acquired by BRS & Co - a New York private equity investor . Tolemar is a powersports parts and accessory private label manufacturer and owner of the LA Choppers , Baron Custom Accessories and Trinity Racing brands .

The MIC ( Irvine , California ) is reporting new retail motorcycle and scooter sales for the first nine months of 2021 in USA as up by + 9.5 %. The data is gathered by the MIC from 14 leading manufacturers and distributors in the U . S . ( MIC Retail Sales Reporting System ).

Following the announcement of two new ' Brick and Mortar ' stores for J & P Cycles , Comoto has announced that it is opening one for Revzilla . The new store will boost the rapidly growing powersports presence in the RiNo ’ s Octane Alley district of Denver ( River North Arts District ) and marks the brand ’ s first ' Brick and Mortar ' location outside of the company ’ s headquarters . It will feature a full line-up of motorcycle gear including helmets , men ’ s and women ’ s apparel , accessories , parts , community events , and more . This expansion of its in-person retail opportunities is in addition to its ownership of the Cycle Gear network of stores .

If the stock market is any real guide to market sentiment about a corporation ' s results , then Polaris has had a stinker ! Polaris Industries ' third quarter results were greeted by an immediate 7 % drop in its share price ( PII ), though there was some modest recovery in late trading . While third quarter reported and adjusted sales increased slightly to $ 1,960m ( up by $ 5m ), and market shares for ORV and Snowmobiles improved over the year-ago quarter with 15 new vehicles introduced , the headline news was of a soft quarter with sales constrained by the now familiar refrain of supply chain issues impacting product availability and logistics and materials price increases hitting margins . Reported and adjusted gross profit margin for the third quarter was 23.8 % and 23.9 %, down 359 and 362 basis points over the prior year respectively . The decrease was primarily due to increased input costs including logistics , labor and commodity prices , as well as supply chain constraints , partially offset by increased pricing and lower promotional costs . In strategic terms , Polaris is moving to unload ( by year end ) the GEM electric vehicle business ( Global Electric Motorcars ) it acquired from Chrysler Group in 2011 , and the Taylor-Dunn industrial vehicle manufacturer it added in 2016 . Time will tell if this is a limited , tactical reversal of just two of the less promising of the Scott Wine

Diluted Net income per share : $ 1.84 $ 2.66 $ 6.48 $( 1.20 )

era acquisitions or a broader unwind of prior ambitions . Motorcycles segment sales , including PG & A , totaled $ 194m , up + 16 % compared to the third quarter of 2020 , driven by increased sales of Slingshot , Indian Motorcycles and related PG & A . Gross segment profit for the third quarter of 2021 was $ 18m , or 9.2 % of sales , compared to $ 16m , or 9.3 % of sales , in the third quarter of 2020 . The slight decrease in gross profit margin was driven by increased input costs from supply chain constraints partially offset by favorable product mix , increased pricing and lower promotions costs . North American consumer retail sales for Indian Motorcycles decreased 12 % during the third quarter of 2021 in a mid to heavyweight two-wheel motorcycle industry that was down mid-single digits percent . North American consumer retail sales for Polaris ' motorcycles segment , including both Indian Motorcycle and Slingshot , decreased mid-teens percent during the third quarter of 2021 . North American consumer retail sales for the motorcycle industry , including both two-wheel and three-wheel , decreased mid-single digits percent during the third quarter of 2021 . Indian and Slingshot market share losses were driven by a lack of product availability during the quarter , driven by supply chain challenges . CEO Mike Speetzen was quoted as saying : " Retail sales were impacted by the substantial deterioration of the supply chain permeating the global

Continues on page 12 >>>