Issue link: https://read.dmtmag.com/i/303681
14 • May 5, 2014 • Powersports Business FINANCE www.PowersportsBusiness.com BMW Motorrad sales reached an all-time record for the first quarter, with a total of 28,719 vehicles (previous year: 24,732 units) supplied, making for an increase in sales of 16.1 percent. BMW supplied 15,183 motor- cycles and maxi scooters (previous year: 13,067 units) to customers worldwide in March. With an increase of 16.2 percent as compared to the previous March, it was the best monthly sales performance in the history of the company. "We got off to an excellent start to the new motorcycle season with a sales increase of 16.1 percent as of March," said Heiner Faust, BMW Motorrad head of sales and marketing. "In the first three months of this year we have supplied more motorcycles and maxi scoot- ers than ever before in a first quarter. What is more, last month was the most successful in the company's history with 15,183 vehicles sold and an increase of 16.2 percent. Never before have we sold as many vehicles in March." The positive result was due to the high level of demand worldwide, including Europe, the company said. The southern European mar- kets are seeing significant growth as compared to the previous year. The strongest individual market for BMW Motorrad continues to be Germany, followed by the U.S., France, Italy, Brazil and Spain. "Based on this excellent quarterly result we have positive expectations of the upcoming months," Faust said. PSB POWERSPORTS BUSINESS STOCKS Stock Price Price Percent 52-Week Company Ticker 4/11/14 3/14/14 Change High Low Arctic Cat, Inc. ACAT $44.00 $47.95 -8.2% $61.13 $40.13 ARI Network Services, Inc. ARIS $3.06 $3.34 -8.4% $3.51 $2.25 Assurant, Inc. AIZ $63.22 $65.37 -3.3% $69.26 $45.03 Brunswick Corp. BC $41.66 $44.74 -6.9% $47.69 $29.92 General Electric Co. GE $25.43 $25.11 1.3% $28.09 $21.11 Harley-Davidson, Inc. HOG $65.51 $67.22 -2.5% $70.04 $49.15 Honda Motor Corp. ADR HMC $33.74 $35.47 -4.9% $42.96 $33.32 Orbital Engine Corp. Ltd. ADR OE $2.63 $2.39 10.4% $4.32 $1.99 Polaris Industries, Inc. PII $130.50 $138.30 -5.6% $146.99 $83.20 TCF Financial Corporation TCB $15.73 $16.35 -3.8% $17.39 $13.49 Stock Price Price Percent 52-Week Company Ticker 4/11/14 3/14/14 Change High Low ArvinMeritor ARM $11.17 $11.68 -4.4% $12.95 $4.29 ADP ADP $73.73 $77.55 -4.9% $83.82 $63.98 Bridgestone Corp. ADR BRDCY $17.34 $17.56 -1.2% $19.17 $15.69 Carlisle Companies CSL $75.95 $78.02 -2.7% $80.70 $60.34 Cooper Tire & Rubber CTB $23.81 $24.36 -2.3% $34.80 $20.55 Dover Corporation DOV $80.78 $79.80 1.2% $85.93 $55.95 Intl. Speedway Corp. Cl. A ISCA $32.00 $33.18 -3.6% $38.01 $29.30 Deere & Company DE $92.01 $87.20 5.5% $94.59 $79.50 Marinemax, Inc. HZO $15.06 $15.76 -4.4% $17.06 $10.17 Spy Inc. XSPY $1.38 $1.38 0.0% $2.25 $0.50 Speedway Motorsports, Inc. TRK $17.97 $19.48 -7.8% $20.75 $17.16 Universal Technical Institute UTI $12.20 $13.00 -6.2% $15.16 $9.96 POWERSPORTS BUSINESS INDEX COMPONENTS INTERNATIONAL STOCKS OF INTEREST Source: Wells Fargo Securities LLC Stock Price Price Percent 52-Week Company Ticker 4/11/14 3/14/14 Change High Low BMW AG BMW-ETR 90.21 € 79.26 € 13.8% 94.23 € 63.27 € BRP, Inc. DOO-TSE $29.17 $30.67 -4.9% $31.98 $23.41 Kawasaki Heavy Industries 7012-TKS 368 ¥ 379 ¥ -2.9% 496 ¥ 283 ¥ KTM Powersports AG KTM-WBO 84.00 € 72.50 € 15.9% 84.00 € 49.70 € Michelin ML-PAR 89.38 € 87.21 € 2.5% 93.39 € 57.23 € NGK Sparkplug 5334-TKS 2301 ¥ 2300 ¥ 0.0% 2643 ¥ 1491 ¥ Suzuki Motor 7269-TKS 2643 ¥ 2565 ¥ 3.0% 2982 ¥ 2051 ¥ Yamaha Motor 7272-TKS 1605 ¥ 1480 ¥ 8.4% 1825 ¥ 1217 ¥ Yokohama Rubber 5101-TKS 909 ¥ 951 ¥ -4.4% 1312 ¥ 829 ¥ DOMESTIC STOCKS OF INTEREST BMW has record sales month FOREIGN CURRENCY EXCHANGE 4/11/14 1 Month Ago 6 Months Ago Year Ago Annual Price Price %Change Price %Change Price %Change High Low Australian Dollar 1.06 1.11 4.2% 1.07 0.4% 0.95 -11.0% 0.95 1.15 British Pound 0.60 0.60 0.6% 0.60 -0.4% 0.65 8.6% 0.60 0.67 Canadian Dollar 1.10 1.11 1.2% 1.10 0.6% 1.01 -7.7% 1.00 1.13 Euro 0.72 0.72 0.2% 0.72 0.6% 0.76 5.8% 0.72 0.78 Indian Rupee 60.24 60.92 1.1% 60.35 0.2% 54.54 -9.4% 53.86 68.14 Indonesian Rupiah 11,413 11,395 -0.2% 11,435 0.2% 9,703 -15.0% 9,703 12,260 Japanese Yen 101.64 103.18 1.5% 102.28 0.6% 99.55 -2.1% 94.22 105.11 Malaysian Ringget 3.24 3.28 1.3% 3.24 0.1% 3.03 -6.3% 2.96 3.35 Phillipine Peso 44.31 44.47 0.4% 44.44 0.3% 41.10 -7.3% 40.83 45.40 Singapore Dollar 1.25 1.27 1.5% 1.25 0.2% 1.24 -0.9% 1.23 1.28 South Korean Won 1,035.05 1,065.15 2.9% 1,037.65 0.3% 1,129.05 9.1% 1,035.05 1,161.35 Taiwan Dollar 30.06 30.28 0.7% 30.14 0.3% 29.93 -0.4% 29.36 30.59 Thailand Bhat 32.27 32.30 0.1% 32.27 0.0% 29.04 -10.0% 28.62 33.13 Note: A positive percent change reflects a weakening of the U.S. dollar and a strengthening of the foreign currency. Source: Wells Fargo Securities LLC P12x14-PSB6-Finance.indd 14 4/23/14 10:00 AM