American Motorcycle Dealer AMD 251 June 2020 | Page 16

Sources: AMD, IDN, FT, Reuters, PSB, MPN, B&B, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news NEWS BRIEFS Joel and Julie Felty have sold their Monrovia, California based Headwinds Inc. lights business to R. M. Garrison Machining Inc., the Phoenix, Arizona based owner of Accutronix. MPN reports that Harley-Davidson dealerships ranked highest in the 2020 Pied Piper PSI Internet Lead Effectiveness (ILE) Industry Study, which answers the question, "What happens when motorcycle or UTV customers visit a dealer website and inquire about a vehicle?" Dealerships selling Indian motorcycles were ranked second. The study was completed before the appearance of the coronavirus pandemic, but in the aftermath of the pandemic dealer response to website customers had become even more critical. A recent Wall Street Journal article noted, "The new coronavirus pandemic is deepening a national digital divide, amplifying gains for businesses that cater to customers online, while businesses reliant on more traditional models fight for survival." The latest new PTW registration numbers from ANESDOR, the motorcycle industry trade association in Spain, continue the predictably depressing impact seen in the second half of March as the market there remained under 'lockdown' for the whole of April. Total new PTW registrations were down by -93.47% in Spain in April at 1,074 units, ), with March - 43.66% down (9,128 units). For the year to date, the motorcycle market in Spain is -34.40% (34,038 units sold), compared to 51,885 units sold in the first four months of 2019. Polaris Industries has signed an "incremental" $300m 364-day unsecured term loan facility, further increasing the company's liquidity position. "During this pandemicrelated lockdown of the global economy, we remain committed to prudently managing the company's financial resources for the long term. Execution of this new term loan with our long-standing banking partners provides us with an additional liquidity buffer to navigate these uncertain times," said Mike Speetzen, Polaris' Executive Vice President and Chief Financial Officer. Surviving COVID-19 - The Biltwell Way Our thanks to Bill Bryant at Temecula, California based Biltwell for this insight into how one accessory company's crew responded to the current crisis… Back in March, when the state of California issued a stay-at-home order for all residents, Biltwell Inc. acted quickly and decisively. While some companies immediately panicked and cut staff, Biltwell responded by sending all employees home to shelter in place with 30 days pay, in advance, while the situation evolved. Those who could work from home quickly set up workstations and the warehouse crew took a couple of days off. With online orders still coming in, company co-founder and Brand Manager Bill Bryant came in alone to handle the daily pick, pack and ship duties. Assistant Warehouse Manager Christian Dominguez and the relatively new kid, Parker, came in voluntarily and not only worked their shifts but cranked out overtime hours to get the larger dealer and distributor orders out the door. Soon the rest of the crew was back in full capacity, complying with social distance mandates and exceeding any state guidelines for hygiene and cleanliness protocols. VP of Sales and Michael Lichter has taken a slightly different direction for the theme of his curated celebration of the custom bike building art at the Buffalo Chip during this year's 80th Sturgis Rally in August. The "Heavy Mettle" exhibit will feature legendary builders who have withstood the test of time - a celebration of business survival as much as anything else. Many motorcycle builders come and go. Economic downturns can bring careers to a crashing close and the fickle twists and turns of moto fads can yield a new crop of talent each year, only for those names to also become forgotten by the onset of the next trend. This year Michael is recognizing a handpicked selection of those whose metal-lined backbone and character are strong enough to buck trends and stay the course, have earned their Purchasing Mike Ellis kept the Sales Department running smoothly from home as the team settled into a new routine of remote work. Project management tools such as Monday and Basecamp allowed them to keep communications tight and move dealer orders quickly through the system. "Biltwell has long-term relationships with the best distributors in the business. This may be a storm, Assistant Warehouse Manager Christian Dominguez but it's one we will survive together," says Ellis. "We used this extra time for all of us to get caught up on deferred housekeeping in all departments," says Bryant. "We've got a great FTP site for dealer assets, and that's more Heavy Mettle: Motorcycles and Art with Moxie legendary status and a fair amount of recognition. Some 38 of these builders have been invited to display a motorcycle in the style of their choosing in the Sturgis Buffalo Chip's 2020 Motorcycles as Art exhibit "Heavy Mettle: Motorcycles as Art with Moxie." Without a theme to guide the builds themselves, the builders will build a machine specifically for this show that expresses their own personality, their own take on the custom building art and that showcases their own particular niche of custom motorcycle building - the niche that has made them a household name. In a purpose-built 7,000 sq ft world-class gallery setting, "Heavy Mettle: Motorcycles as Art with Moxie" will feature the spectrum of history and possibilities inherent in custom motorcycling. CAPTAIN BILTWELL Image created using freepik.com elements up to date than ever now, and so are the specifications and diagrams on our website. "As far as product development goes, that team has been full throttle all year, and the Corona didn't slow these guys down at all. Keep an eye out for some exciting stuff in 2021." Biltwell's dealer portal on the website is 100% operational, and it is processing orders daily and adding new accounts on a regular basis. In a time of constant doom and gloom news, it's refreshing to hear from a company which, like many, indeed most in the powersports industry, cares about its employees and retail network and is standing up to the challenge and not just survive - but thrive. www.biltwellinc.com In order to secure an invitation to join this show, builders must have completed at least 20 custom builds and been in business for at least 20 years. Faced with the knowledge that half of all businesses fail in the first five years, these are motorcycle aficionados who have fought hard to become successful and are known well beyond the confines of the industry. The full list of participants can be seen at www.buffalochip.com/EVENTS/ Motorcycles-As-Art/Heavy-Mettle Take that, you pesky virus! 16 AMERICAN MOTORCYCLE DEALER - JUNE 2020 www.AMDchampionship.com