Riders Share launches collision insurance product

• Matthew Wood
• October 7, 2019
• Preowned, Products, Sales & Marketing

Peer-to-peer motorcycle rental company Riders Share has developed a branded offering for collision insurance to lower the cost for customers, President Guillermo Cornejo told Powersports...

Auction volume likely to grow amid stable pricing in 2020, NPA says

• Matthew Wood
• October 4, 2019
• Performance & Pricing, Preowned

As the powersports industry heads into 2020, dealers and lenders will likely see higher auction volume and flat pricing, Jim Woodruff, chief operating officer of...

Electric motorcycle company seeks retail, floorplan lenders

• Matthew Wood
• October 3, 2019
• OEMs, Premium

COLUMBUS, OHIO — Ubco U.S. Bikes, the national distributor for the Ubco motorcycle of New Zealand, is seeking a floorplan lender and additional retail lenders...

iMotosports scores spot as No. 3 Indian dealer

• Matthew Wood
• October 3, 2019

iMotorsports has achieved its goal of becoming the nation’s third-highest seller of Indian Motorcycles, Finance Director Robert Matt told Powersports Finance. Last week, iMotorsports’ Elmhurst,...

Roxor focuses on dealer training ahead of growth

• Matthew Wood
• October 2, 2019
• Dealer Pulse, OEMs, Premium

COLUMBUS, Ohio — Roxor Off-Road is focusing on cultivating its current dealer base rather than actively seeking to grow its network, Service Aftersales Director Justin...

Off-road segment values drop unexpectedly, Black Book says

• Matthew Wood
• October 2, 2019
• Performance & Pricing

September vehicle values for the off-road segment dropped unexpectedly, as values for almost every powersports vehicle dipped, according to a report Black Book provided Powersports...

Tech company seeks to increase dealer sales with test rides

• Matthew Wood
• October 1, 2019
• Dealer Pulse, Products, Technology

COLUMBUS, Ohio — EZ Rider Demo, a company that facilitates demos for riders at the dealership, believes its business model can increase dealership sales 10%,...

Seattle dealer group sued for $2.7m in loan defaults

• Matthew Wood
• September 30, 2019
• Compliance, Dealer Pulse

Howard Crow, the owner of Seattle-based NobleRush dealership chain, has been sued by VW Credit after allegedly defaulting on $2.7 million in loans for motorcycles...

American Cycle Finance pilots cruiser program

• Matthew Wood
• September 27, 2019
• Products

American Cycle Finance is piloting a program for cruiser motorcycles to offer subprime consumers a lower monthly payment, President Ben Donnarumma told Powersports Finance.  The...

iMotorsports targets spot as top-3 Indian dealer

• Matthew Wood
• September 26, 2019
• Dealer Pulse, OEMs

iMotorsports plans to become the third highest-selling dealer of Indian Motorcycles in the country by yearend, 18 months after selling its first Indian product, Finance...