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Textron , who acquired Arctic Cat in 2017 , announced fourth quarter revenues $ 4.0 Bn up and segment profit of $ 360 million , down $ 31 million . The company is forecasting 2018 revenues of approximately $ 14.6 billion , up 3.0 percent from the prior year .
Indian conglomerate Mahindra signed an impressive 215 domestic U . S . dealers in just 4 months for the new ROXOR off-highway vehicle that they will be manufacturing at their new Auburn Hills , Michigan facility – headed up by Rick Haas as President and CEO , Mahindra Automotive North America – where , if all goes to plan , Mahindra will have revealed the ROXOR in early March .
In more Mahindra news , last year the company completed the acquisition of rights to the defunct JAWA and BSA motorcycle brands . The reports that new BSA models could be on sale in the United States as early as late 2018 are almost certainly overly optimistic , but stung by domestic Indian Rival Eicher Motors ’ remarkable progress with their remarkable Royal Enfield 650s , they and other Indian manufacturers have an extra motivation where making a play on the northern hemisphere ’ s middleweight market is concerned ( not least Triumph middleweight collaboration partner and 51 percent KTM / Husqvarna owner Bajaj Auto ).
Italian apparel major Dainese ( owner of AGV helmets and itself 80 percent owned by Bharain ’ s Investcorp ) has completed the redesign and relocation downtown of its Chicago flagship store . It re-opened in early March and in the hands of architect Renato Montagner is a minimalist “ room within a room ” homage to everything gorgeously Italian and Dainese , from its racing heritage to the latest iteration of its integrated D- Air race suit air bag technology .
Yoshimura R & D of America has a new CEO / CFO – he is Yusaku Yoshimura , grandson of legendary founder and race guru Hideo “ Pops ” Yoshimura , who founded the company 64 years ago in Japan . After 38 years with the company current CEO Don Sakakura will move into an advisory role for the company . Yusaku Yoshimura had previously been heading up their internationally respected R & D department .
Yamaha reports all sectors up
Yamaha Motor Co ., Ltd . has announced its results for its full year 2017 with Net sales of 1,670.1 billion yen ( an increase of 167.3 billion yen or 11.1 % compared with the previous fiscal year ), “ with each segment reaching the highest level to date ”. Operating income was 149.8 billion yen ( an increase of 41.2 billion yen or 37.9 % against the same period the previous fiscal year ), ordinary income was 154.8 billion yen ( an increase of 52.8 billion yen or 51.7 % against the same period the previous fiscal year ). “ Net sales increased thanks to the effects of yen depreciation and strong sales of motorcycles in the ASEAN region , outboard motors in the US and surface mounters and industrial robots . Operating income has increased thanks to increases in net sales and sales of products in the
Dutch distributor Techno Motor Veghel ( TMV ) has let IDN know about a shipment of Renthal handlebars that was stolen from a truck while en route from the UK . TMV Managing Director Herman Zijerveld is asking that if anyone is offered Renthal handlebars at a bargain prince , whether just a few or a whole consignment , to let him know , higher price range , along with improvements in profitability such as cost reductions through manufacturing methods of theoretical-value-based production , and development methods for platform and global models in the motorcycle business , which prevented rising expenses . For its motorcycles segment , net sales were 1,045.2 billion yen ( an increase of 115.1 billion yen or 12.4 % compared with the previous fiscal year ), and operating income was 68.8 billion yen ( an increase of 32.9 billion yen or 91.4 %). “ Unit sales increased in the Philippines , Thailand , Taiwan , and Vietnam , but decreased in developed
Stolen parts and apparel on the black market
so appropriate action can be taken . This news follows another motorcycle parts theft from a truck in the UK in January . On that occasion Whitney , Oxfordshire based distributor Oxford Products saw a consignment of Hotgrips ,
Surflex kits - keeping the old bikes alive
To celebrate its sixty years and historic racing legacy , Surflex has introduced some rare model- specific clutch disc kits for many older bikes – classics for which it can be tough to find up-to-date direct replacement clutch components . “ Surflex clutches have an outstanding sporting legacy , due to the legendary victories of many Italian motorbike firms – bikes that have written the story of Speed World Championship classes . “ Surflex has a range of discs for these old bikes , few of which are produced anymore , but the surviving examples
can now live again . We wanted to pay attention to the riders who take part in the classic and vintage races and gatherings all over the world , speed competitions and other kinds of events . “ These bikes need very specific friction markets and Indonesia . Unit sales across the entire business were approx . 5.4 million units , the highest year on year increase achieved since 2011 . As a result , net sales increased , and operating income increased substantially thanks to increased sales of products in the higher price range and the effects of cost reductions in emerging markets such as Brazil and the ASEAN region . “ In the ASEAN region , we are continuing our product launches in order to demonstrate a strong presence in each market while maintaining increased profitability through platform models . In developed markets , we will create new demand by launching products that demonstrate the brand ' s distinctiveness and implementing marketing in the unique style of Yamaha ”.
apparel and other accessories stolen from a truck in Tamworth , Warwickshire , UK . www . tmv . nl www . oxprod . com
materials , and the experience and high technology that Surflex has , makes us uniquely placed to cater to the demands of famous old makes and models ”. The picture seen here shows a clutch disc kit for the original Ducati Scrambler ( left ), and on the right a complete clutch unit for Aermacchi . Surflex says that every single clutch and clutch disc are faithful to the originals , something the company is able to do as the original leading OE supplier for these bikes of yesteryear . www . surflexclutches . com
12 INTERNATIONAL DEALER NEWS - APRIL / MAY 2018