PIERER Mobility has announced an 11th consecutive record year . The KTM , Husqvarna and GasGas owner has reported 332,881 total motorcycle unit sales for 2021 (+ 23 % compared to the 270,407 sold in 2020 ) with an additional 102,753 bicycle sales (+ 40 %), of which 78,916 were E-bicycles (+ 37 %). Once all the money has been counted , revenue is expected to be IRO + 30 %, with an EBIT margin of around 9 %. Around 120,000 of motorcycle unit sales were in Europe with around two thirds ( approx . 210,000 sold in markets outside Europe ), with North America , India and Australia the strongest export markets .

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Brands owned , built or exclusively distributed by WPS include FLY Racing , Sedona Tire & Wheel , Open Trail , Shinko Tires , FirePower , HardDrive ,

Highway 21 , SP1 , LC , GMAX , Rale , ScorpionEXO , Alpinestars , POD and more . " Western Power Sports is a strong strategic fit with a complementary product offering and a passion for providing great service to dealers and consumers ," concluded Mosunic . " We will work together to ensure this combination supports our customers and benefits the entire industry ." Arrowhead says it currently has distribution and sourcing locations in North America , Europe and Asia , selling to over 90,000 customers globally .

Steve Lester is newly appointed Chief Operating Officer .

John Mosunic , CEO of Arrowhead : " This acquisition is an important step in our growth strategy and aligns with our mission to be the largest off-road aftermarket parts supplier in the world ."

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

RumbleOn , Inc . ( NASDAQ : RMBL ), " the nation ' s first technologybased Omnichannel marketplace in powersports ," has completed its acquisition of a Beach Boulevard , Jacksonville , Fl . based powersports retail location - giving it ' Brick & Mortar ' franchises for Yamaha Powersports , Yamaha Marine and Boats , Yamaha PWC , Suzuki , Benelli , KTM , CFMoto , Zero Electric Motorcycles , Ranger Boats and Tidewater Boats . Last year RumbleOn " merged " with the Tempe , Az . based dealer group RideNow and additionally has acquisition of Kevin Lackey ' s Texas based Freedom Powersports dealer network pending as it continues to shift from being an entirely online operation .

Polaris Inc . ( NYSE : PII ) has taken advantage of historically low interest rates to enter into an incremental $ 500m 364-day unsecured term-loan facility , " further enhancing the company ' s strong liquidity position ," according to VP & CFO Bob Mack . " The proceeds will be used for general corporate purposes , providing additional flexibility to execute our capital allocation priorities of organic growth investments in our businesses and the execution of our $ 1bn share repurchase authorization ."

The reborn , TVS-owned iteration of Norton has opened the doors of its new Solihull , UK factory and headquarters to reveal a production facility that makes a mockery of the previous Donington Hall operation . Spread over 73,000 square feet , the building contains a production line with the capacity to make 8,000 bikes per year , along with an on-site showroom doubling as a heritage center and offering a view onto the production line . More than a mere assembly line , the factory encompasses everything from welding frames and building engines to final quality inspection and testing . The same building also houses Norton ' s R & D center , albeit hidden from view ,

where future models are to be developed . Initially , production will focus on the V4 superbike , redeveloped into the V4SV after a host of flaws were

discovered in the original V4SS model . Only 200 of those are due to be made , with most already spoken for , with the naked V4CR café racer expected to follow once the run is complete . Norton is planning to slowly raise production - of a variety of models - towards its 8,000-per-year target by 2024 .