American Motorcycle Dealer AMD 176 March 2014 | Page 64

BRIEFS Harley-Davidson has announced a cash dividend of $0.275 per share for the first quarter of 2014, an increase of 31.0% compared to the fourthquarter 2013 dividend of $0.21. The company has also announced that it is to repurchase up to 20 million shares of Harley-Davidson, Inc. common stock, in addition to previously announced repurchases - as of the end of 2013, 8.6 million shares remained on prior board-approved share repurchase authorizations. V-Twin Expo awards THE annual industry awards at the VTwin Expo saw Steve Menneto, Vice President of Motorcycles for Indian and Victory at Polaris Industries (and recently elected MIC Board Member), named Industry Leader of the Year, with Terry Vance, co-founder of Vance & Hines, being chosen for a lifetime achievement award. Performance Product of the Year went to Daytona Twin Tec for their ECM CAN Bus Twin Scan 3; Metalsport 3-D Industry leader of the year Polaris/Indian VP Motorcycles Steve Menneto Value Product of the Year – Custom Cycle Engineering for their steering damper for Baggers Las Vegas Harley-Davidson has broken ground on a new store on the Las Vegas strip. Slated to open in October it will be a 50,000 square foot sales, rental and accessory facility, and will be the third location in the city. Audio Product of the Year Hogtunes saddlebag speaker lids The LA Calendar Motorcycle Show planned for Sunday July 20th has moved to a new location at Malibu (the Malibu Golf Course). This will be the 23rd show and will include the Calendar Bike Building Championship and Councours d’Elegance. Performance Product of the Year – Daytona Twin Tec for their ECM CAN Bus Twin Scan 3 Hesperia, California, based Daytec Frames has closed after 40 years with owner Phil Day taking up a position working for Gary Chipp, at Chariton, Iowa headquartered Fat Baggers Inc (FBI). A private-label manufacturer of volume designs for the likes of Arlen Ness and WCC, Daytec also did much to fuel the explosion in custom bike builds that peaked in 2006, bringing reliable production grade engineering to the oneoff chassis build sector. Tech Product of the Year - J&M Corporation for their Rokker XT DSP Amp ‘Big Homie’ wheels were named Accessory of the Year. Rick Whitehead of legendary Californian parts and accessory manufacturer Custom Cycle Engineering saw his steering damper design for Baggers named Value Product of the Year. There were awards too for the burgeoning audio sector of the market, with John Lazzeroni’s J&M Corp’s Rokker XT DSP Amp named Tech Product