AMD 272 March 2022 Aftermarket Moto Design 272 March 2022 | Page 64

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NEWS

BRIEFS

The Harley-Davidson Board of Directors has approved a cash dividend of $ 0.1575 per share for the first quarter of 2022 . The dividend is payable March 18 , 2022 to the shareholders of record of the company ' s common stock as of February 28 , 2022 .
The MIC reports that new motorcycle and scooter sales among the leading brands included in its data capture were up for the full year 2021 , with sales of all on-road motorcycles ( including scooters , on-highway and dual ) up by + 14.2 %. This is a second consecutive of growth , with sales now + 21.8 % across all categories ( scooters , on-highway , dual and offhighway ) since 2019 . Scooter sales are up 19.6 % over 2020 and 31.4 % over 2019 . On-highway motorcycle sales are up 12.9 % over 2020 . Dual sport models were up 18.6 % over what was considered a monster year of sales in 2020 , which saw a 46.2 % increase in sales over 2019 . Interest in offhighway motorcycles continues to be strong with a two-year increase of 42.9 %.
Harley-Davidson ' s share price jumped on release of its 2021 Q4 and full year 2021 fiscals as the company reported a return to ( albeit modest ) profit , after a disastrous final quarter of 2020 saw it dip into the red . Having closed at around $ 36 the night before the February 8th release of its 2021 results , Harley ' s share price popped by around + 15 % to close just under $ 42 .
Owned by Michael Veracka ' s MOD Enterprises eight store strong Harley dealer group , Riverside Harley- Davidson has been named the top selling new unit Harley dealership in the U . S . for 2021 and for the third year in a row - selling more than 2,000 new Harleys in the year . The group additionally includes Avalance , Jat City , Heritage , Rawhide , Desert Wind , Huntington Beach and Volcano Harley- Davidson .

V & H , Suzuki , Mission " Powerhouse NHRA Pro Stock Team "

Vance & Hines has announced a partnership " that brings three legendary brands together in a quest for the NHRA Pro Stock Motorcycle ( PSM ) Championship ." Aiming to add to its NHRA PSM legacy in 2022 , Suzuki is to dub Vance & Hines as its " premier drag race team ." The two have worked together since the launch of the legendary GS 1000 in 1978 with V & H operating Suzuki ' s factory drag racing team and programs under several sanctioning bodies . In the years that followed , they earned numerous victories and championships with company co-founders Terry Vance as rider and Byron Hines as tuner . Ultimately , the collaboration established Suzuki as the fastest and winningest brand on the drag strip . Their success paved the way for the emergence of PSM racing as a professional sport . When the NHRA established the PSM class as a fully-fledged national championship in 1987 , Vance won its inaugural race in Gainesville on a Suzuki GS 1150E , and later in that season set a Pro Stock milestone as the first motorcycle to run a 7-second ET . Since that time , Vance & Hines-built Suzuki powerplants have won five
The first NHRA Pro Stock Motorcycle race of the season will be in Gainesville , Florida .
NHRA national titles , including three consecutive championships on bikes piloted by Byron ' s son , Matt Hines . Mike Kennedy , President of Vance & Hines , stated that " the Vance & Hines / Suzuki partnership is a multi-year program which will showcase the performance of a 6.3 second , 200 + mph Hayabusa model in the world ' s premier form of motorcycle drag racing . " Vance & Hines was born on a racetrack and has a passion for high performance - that ' s why partnering with organizations with equally strong cultures of winning is perfect for us . We are overjoyed to have Mission Foods return to our program , and to begin a long and successful strategic partnership with Suzuki . This is already a great start to the 2022 racing season ." For Suzuki , VP Marketing Kerry Graeber stated that " Suzuki has a tradition of competing at the highest levels in motorcycle racing and , given our history and success in drag racing , it ' s fitting that we take a high-profile role in NHRA PSM . " One of the specific goals of this program is to showcase Suzuki ' s allnew , third generation Hayabusa sport bike , and Vance & Hines is without a
Mike Kennedy , President of Vance & Hines : " Vance & Hines was born on a racetrack and has a passion for high performance - that ' s why partnering with organizations with equally strong cultures of winning is perfect for us ."
Kerry Graeber , Suzuki VP Marketing : " Suzuki has a tradition of competing at the highest levels in motorcycle racing and , given our history and success in drag racing , it ' s fitting that we take a highprofile role in NHRA PSM ."
doubt the best partner for this initiative . We ' re thrilled to be reuniting with Vance & Hines in NHRA to show the extraordinary capabilities of the Hayabusa ." The first NHRA Pro Stock Motorcycle race of the season will be in Gainesville , Florida . There will be 15 PSM races in 2020 , with the season finale in November in Pomona , California , at NHRA ' s Auto Club Finals .
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