Issue link: https://read.dmtmag.com/i/231891
CONTINUED FROM COVER Powersports Business • December 30, 2013 • 3 NEWS www.PowersportsBusiness.com INSIDE HOTNEWS NEWS 4.... Little named Motorcyclist of the Year FINANCIAL NEWS 6....BRP breaks quarterly revenue record 6....Same Store Sales 6.... Stock Market Watch OPINION 8.... From the Editor 8....Online at PowersportsBusiness.com KTM North America reported a 28.8 percent sales increase from JanuaryNovember, compared to the same period in 2012. KTM SALES RISE 49 PERCENT IN NOVEMBER KTM North America announced that sales through November have increased 49 percent compared to November 2012. Sales from January through November are up another 28.8 percent, compared to the same period a year ago, KTM said. "Credit for this amazing performance is due to the excellent new product we have brought to market and to the increased effort for KTM by our dealer network," said Brad Hagi, vice president of sales and marketing for KTM North America. "For the past three years our dealers have risen to every opportunity we have put before them — SXS Mini's, SX Factory Editions, ISDE Bikes, 990 Adventure Baja Editions, 690 Dukes — and customers have responded well. I can't wait to see how our dealers perform with the new 1190 Adventure models and the 1290 Super Duke R. To every KTM dealer and their staff — you have my personal thanks for your dedication, energy and effort in making KTM the fastest growing brand in 2013." coming year. Applications are due Friday, Jan. 10. All 50 winners will appear in the Feb. 17 issue of Powersports Business. To be eligible for the award, products must be new for 2014 and must be delivered to dealers during the 2014 calendar year. For an application or more information, contact PSB managing editor Liz Keener at lkeener@powersportsbusiness. com, or at 763/383-4413. FMF RACING SIGNS TROY LEE DESIGNS RACE TEAM Rancho Dominguez, Calif.based FMF Racing announced it has entered into a long-term agreement with Troy Lee Designs race team to provide performance exhaust racing systems for its athletes. The 2014 team includes Cole Seely, Malcolm Stewart, Jessy Nelson and Shane McElrath. "Troy Lee has not only developed an amazing and successful race team, but his passion to excel in business and the love of throwing a leg over a motorcycle is what really excites us. It's something that has made both of our brands spark and rise to the top. To have the opportunity to work with the athletes that have grown up through their amateur careers using FMF just makes this partnership that much stronger. We look forward to 2014 and beyond." FMR Racing marketing director Donny Emler Jr. said. P01x05-PSB1-News.indd 3 ARI STOCK NOW TRADING ON NASDAQ ARI Network Services, Inc. announced that its application to list the company's common stock on the NASDAQ Capital Market has been approved by the NASDAQ Stock Market LLC, a unit of the NASDAQ OMX Group. The company's common stock began trading on the NASDAQ Capital Market effective Dec. 9, under its current trading symbol "ARIS." "We are excited about the move to NASDAQ and look forward to leveraging their technologically advanced trading platform to reach investors around the world," said Roy W. Olivier, president and CEO of ARI. "Re-listing with NASDAQ is a major milestone for ARI and is consistent with our objectives to improve our visibility in the public markets, help us expand our shareholder base and improve our liquidity. We look forward and are honored to join many other leading technology companies already listed on the NASDAQ." NHL OUTDOOR EVENTS, PLAYOFFS GET MAJOR OEM SPONSORSHIP BRP has signed on as the official sponsor of the National Hockey League's outdoor events and playoffs, Forbes.com reported. Retired player Mark Messier, who took the ice for the Edmonton Oilers, New York Rangers and Vancouver Canucks, is endorsing the A small and dedicated team from Polaris Industries' Industrial Design team was tasked with customizing a stock 2014 Indian Chief Classic. Big Chief Custom showcases accessories Indian Motorcycle design team enhances 2014 Chief Classic Indian Motorcycle revealed a fully customized Indian Chief Classic during the International Motorcycle Show in New York City. Conceptualized and designed by Indian Motorcycle's Industrial Design team, the Big Chief Custom is the first custom Indian Chief created around the 2014 models introduced with great fanfare at the Sturgis Motorcycle Rally this past August. Spearheaded by the head of Polaris Industries' Industrial Design team, Greg Brew, a small and dedicated team undertook the task of customizing a stock 2014 Indian Chief Classic. It features an array of Genuine Indian Motorcycle aftermarket accessories along with a custom paint scheme and billet girder front fork. This Big Chief Custom was designed to showcase the possibilities to customize, enhance and personalize the 2014 Indian Chiefs. One highlight of the custom build is the billet aluminum girder front end that recalls the early Indian models. Designed, machined and built in-house, the girder fork features machined uprights and cross members with a custom 23-inch front wheel. The custom front valance fender maintains the classic look of the Indian Chief. A custom shock and headlight complete The Big Chief Custom features an array the package. Custom paint of Genuine Indian Motorcycle aftermarket accessories along with a custom paint scheme was applied in-house by team member Steve Leszin- and billet girder front fork. ski with a multicolored theme from prior generations of Indian Motorcycles. Another nod to the long history of Indian Motorcycle is the springer style seat. Combined with the modern day single rear shock, the Big Chief Custom promises to be a smooth ride. The "Pinnacle Series" of Indian Motorcycle accessories on the Big Chief includes the Cam Cover, Primary Cover, Chrome Grips and Beach Bars. The Stage 1 exhaust sports Fish Tail Tips. Other custom accessories include War Bonnet Floorboard Pads, a Heel Shifter and chrome Rear Fender Bumper. The "Big Chief Custom" will be on display in the Indian Motorcycle exhibit as part of the 2014 International Motorcycle Shows tour. PSB brand. BRP marketing director Tom Riley told Forbes.com that the company is trying to attract non-motorcyclists to the Spyder. VISIONARY TURNS TO GE CAPITAL FOR FLOORPLANNING GE Capital Commercial Distribution Finance has been named the preferred inventory financing provider by Visionary Motorsports Ltd., Canada's largest independent power sports distributor. "Because of our longstanding position in the Canadian motorsports market, we're prepared to help Visionary and its dealers analyze their inventory management processes," said Howard Shiebler, president and CEO of CDF in Canada. "We'll also provide them with comprehensive market intelligence and digital account management tools that they can leverage to succeed." Edmonton-based Visionary Motorsports Ltd. is an expanding distributor with 190 dealers across Canada. The company boasts a roster of multiple brands including: Hisun ATVs and UTVs, Kipor power equipment, Cleveland Cyclewerks motorcycles, Pitster Pro pit bikes, and Linhai ATVs and UTVs. PSB PSB: FOCUS Pre-owned/Auction 9....Auction helps dealer clean inventory 1 0....Pre-owned dealer adds new brand 12....ADP Study: Top pre-owned sellers 14....Most-searched ATVs on KBB.com ATV 16....VDP focuses on fun accessories 18....Arctic Cat reveals Wildcat X Limited SOLUTIONS 20....Steve Jones 21....Hal Ethington MOTORCYCLE 22....Küryaykyn offers FaceTime support 23....Auto group buys powersports store PWC 26....Yamaha's VX series built for racing 26....October PWC sales grow AFTERMARKET 29....Calumet Specialty acquires Bel-Ray 30....Hot Products H.O.G. logo gets redesign After three decades of using the same imagery, the Harley Owners Group, or H.O.G., has changed its logo. H.O.G. went to its members at rallies, chapter meetings, events, training sessions and gas stations, as well as conducted formal surveys, to gauge what riders were looking for in a logo. After those consultations, four designs were brought to the members, with more than 100,000 participating in a vote. The new logo, which was selected overwhelmingly by voters, features a bald eagle and Harley-Davidson's bar and shield within the O in H.O.G. "The iconic H.O.G. logo represents the passion of our riders, and no matter where in the world you go, chances are you'll find a fellow rider wearing it. It's a global symbol of freedom, independence and love of the open road," said Harley Owners Group director Ken Knuteson. "As part of our commitment to bring more value to our H.O.G. members, we asked them to help direct the evolution of this powerful symbol." H.O.G. has nearly 1 million members belonging to 1,400 chapters in 140 countries. PSB 12/18/13 11:27 AM