AMD267 October 2021 Aftermarket Moto Design | Page 6

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NEWS

BRIEFS

The AMA has announced that its Vintage Motorcycle Days (" the world ' s best vintage motorcycling bash ") will return to the Mid-Ohio Sports Car Course ( Lexington , Ohio ) next year , with the 30th staging of its popular celebration of vintage motorcycles being staged there on July 22-24 , 2022 . The event was first staged in 1992 and moved to the present venue in 1995 .
Revival Cycles has again had to postpone its popular Handbuilt Show at Austin , Texas . The next show is now slated for some time in April 2022 at the same time as the US MotoGP . This year ' s delayed show had already been postponed once and had been slated for November 5-7 .
RumbleOn , Inc ( NASDAQ : RMBL ), the e-commerce based pre-owned vehicle buy / sell and finance business , has now successfully completed its merger with Brick & Mortar dealer network RideNow . The company describes itself as " the first omnichannel consumer experience in powersports in North America and the first public company in this vehicle segment ."
BRP announced increased revenues of $ 670.5m (+ 54.4 %) for the threemonth period ended July 31 , 2021 . Year-Round Products were 50 % of revenues at $ 955.6m (+$ 334.4m / 53.8 % compared to the year ago ). Revenue from Seasonal Products increased by $ 251.8m (+ 78.0 %). Powersports PA & A and OEM Engines increased by +$ 39.6m (+ 18.9 %). The company ' s North American retail sales for powersports vehicles decreased by -19 % for the period , mainly driven by limited product availability . Year- Round Product retail sales decreased on a percentage basis in the midtwenties range , with seasonal unit retail sales down high single digits . Gross profit was +$ 321.7m / + 129.5 %, to $ 570.1m .

H-D1 Marketplace Already the Largest U . S . Dealer Pre-Owned Buy / Sell Site

Since launching in July 2021 , just five weeks later Harley announced that its newly minted H-D1 Marketplace has become the go-to on-line Harley- Davidson marketplace for dealer-based listings , with the largest selection of dealer pre-owned H-D motorcycles in the United States . " Uniquely , H D1 Marketplace is the only place to easily search for H-D Certified motorcycles , ensuring the ultimate in pre-owned Harley- Davidson motorcycles ." Jochen Zeitz , Chairman , CEO and President , Harley-Davidson , is quoted as saying : " With H-D1 Marketplace , it was our intention to change the face of the online marketplace for preowned Harley-Davidson motorcycles , aligned to our Hardwire priorities . " We have seen the power of the H-D Certified program , driving desirability , enhancing the overall customer experience and providing an extra level of confidence for our customers in their purchase . We wanted to ensure that our riders have access to the largest selection of the best Harley-
Following its acquisitions of SBS and J . Juan , Brembo continues to further develop the foundations of the business for the next stage in its evolution as it seeks to future-proof its operations . The ' Brembo Inspiration Lab ' in California ' s Silicon Valley will be its first center of excellence and will focus on software development , data science and artificial intelligence as a " step forward in the path to become a trusted solution provider " and to " accelerate the digitalization of the company " - one of the key objectives of the ' turning energy into inspiration ' strategic vision announced by Daniele Schillaci , Brembo ' s Chief Executive Officer , in September 2020 . " We are very pleased to open Brembo ' s first center of excellence in Silicon Valley . We are entering and investing in this world-renowned location for high technology and innovation with the clear and ambitious goal of addressing the unprecedented challenges impacting
Davidson motorcycles , backed by the strength of our dealers . " We have achieved that initial goal . H- D1 Marketplace will continue to evolve and it ' s our ambition that it becomes the ultimate online home for preowned Harley-Davidson motorcycles ." As of late August 2021 , H-D1 Marketplace had some 22,000 preowned Harley-Davidson motorcycle listings ; around 1,000 H-D Certified motorcycles and 540 participating U . S . Harley-Davidson dealers . Each Harley-Davidson Certified preowned motorcycle is subjected to a comprehensive 110-point qualityassurance inspection by certified Harley-Davidson technicians . Dealers also verify that the pre-owned motorcycle has no open recalls or a blocked VIN , has not been in a major

Brembo Silicon Valley ' Center of Excellence '

the automotive sector ," Schillaci is quoted as saying . " We are in an era of data science and the application of artificial intelligence , which offers us a great opportunity to build our future and strengthen our technological leadership . With the Brembo Inspiration Lab we accept the challenge to increase the company ' s digital culture and to bring ' Made in Brembo ' innovation even closer to our partners ." The facility is expected to open in the fourth quarter of 2021 . It will welcome talent from various industries " to benefit the development of Brembo ' s future braking solutions ." With the opening of the new center , Brembo expands its international presence and continues to grow in North America , where it has been present for over 30 years . It maintains manufacturing hubs in Michigan , New Jersey and Monterrey , Mexico . Its North American headquarters and R & D center is located in Plymouth ,
Jochen Zeitz , Chairman , H-D CEO and President - " We wanted to ensure that our riders have access to the largest selection of the best H-D motorcycles , backed by the strength of our dealers - as of end of August we have already achieved that initial goal with some 540 participating U . S . dealers , around 22,000 pre-owned Harley listings and some 1,000 H-D Certified motorcycles ."
accident , and that all scheduled service is up to date . Harley-Davidson motorcycles eligible for the program must be no more than five model years old , have less than 25,000 miles of use , and not contain aftermarket modifications to the engine or transmission , or major chassis or electrical modifications .
Brembo CEO Daniele Schillaci : " We are in an era of data science and the application of artificial intelligence , which offers us a great opportunity to build our future and strengthen our technological leadership ."
Michigan . The new center of excellence will also be a " point of reference for the technological and commercial development of Brembo ' s relationships with customers in the Silicon Valley ." www . brembo . com
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