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Issue #1 January 2026

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HARLEY-DAVIDSON

DN 2.0 #1

Under New Management

SHOWTIME AIMExpo 2026


DenagoPowersports.com 800-267-8949

Denago goes electric with the E-Hawk 6, an ideal way to get kids into powersports.

DISCOVER THE DENAGO DIFFERENCE

• Wholesale and retail financing options • 6-month parts AND labor warranty • Amazing dealer margins • Protected selling areas • Robust parts support • MAP enforcement

INTERESTED IN BECOMING A DEALER? Learn more about the Denago Difference by contacting Sales Director Johnny Hayes.

johnny@denagopowersports.com


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CONTENTS

06 WORLD’S LUCKIEST MAN 08 EDITOR’S NOTE 10 NEWS+ 12 SHIFTING GEARS+ 18 DENAGO GOES BIG! UNDER NEW MANAGEMENT 22 HARLEY-DAVIDSON 28 INDIAN UPRISING

Bob Althoff On Once A Dealer, Always A Dealer Robin Hartfiel On Fighting A Losing Battle Triumphant 2025, Dealer News Honda Builds For The Future, Arctic Cat Is Back

Getting The Holeshot On What’s New At A1 Don Musick Says It’s A Bird, It’s A Plane...

BRP’s Rebellion

UTV Unveiled At AIMExpo

Zero Pulls Plug On U.S., Chapter 11 For Rad

Q3 Turn Around?

Don Amador Donstradomus Knows All, Predicts Some...

Polaris Thinks Outside The Box

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AIMExpo Updates

Jim Woodruff On November AWP In Review

Personnel Postings, Courtesy MIJ

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33 SHOWTIME! 34 GEAR 40 INDUSTRY RESEARCH+ 44 INDUSTRY RESEARCH+ 47 eDEALERNEWS 48 CURRENTS+ 52 ADVOCACY+

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OUR TEAM EDITORIAL Robin Hartfiel Editor/Publisher Bob Althoff World’s Luckiest Man Gus Stewart Creative Director Brenda Stiehl Production Manager

CONTRIBUTORS Don Musick Genesys Technology Solutions Dr. Paul Leinberger Eric Anderson Vroom Network David Gatti Ignition XD Jim Woodruff National Powersport Auctions Lenny Sims NADA Appraisal Guides Scot Harden AMA Hall Of Fame/Harden Offroad Alex Baylon Motorcycle Industry Jobs Hector Cademartori Illustrations

54 56 PRESS PASS+ 60 PRESS PASS+ 64 2OG RACING 66 VALE+ 69 AD INDEX 70 BACKFIRE ADVOCACY+

David Gatti On First Contact!

William Douglas Little Two Old Guys Racing

KC66 Ride Day

Charlie Williams Off Road Editor

‘Tis The Season For Yamaha Giving

Don Amador Quiet Warrior Racing Joe Bonnello Joe B Photography

If Not Now, When?

Uncle Paul Wunsch Love Cycles

Ave Atque Vale Norm McDonald

The Anonymous Dealer

This Issue Brought To You By…

ADVERTISING Robin Hartfiel Publisher (949) 489-4306 robinhartfiel@gmail.com

Why World Wide Cycles?

Blake Foulds Account Executive (760) 715-3045 blakefoulds@dealernews.com Brenda Stiehl Production Manager brendastiehl@dealernews.com John Murphy Publishing Consultant johnmurphydn@gmail.com

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Dealernews Magazine 3250 Knoll Dr. Columbus, OH 43230 www.dealernews.com

© Copyright 2026

JANUARY 2026

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Here are my parting hopes for the NPDA: • If you are a Dealer, large or small, join the NPDA. It is a modest annual investment in a better future for you, your Dealership and your customers. • If you are a Manufacturer, be big enough and generous enough to recognize that the NPDA is not a threat but an opportunity for a stronger, more cohesive industry in pursuit of growth that serves all. - Urge and incentivize your Dealers to become members of the NPDA - Reach out to initiate dialogue with the NPDA around ways we can cooperate — and grow!

World’s Luckiest Man By Bob Althoff

SEMPER FI Once A Dealer, Always A Dealer?

T

he National Powersports Dealer Association (NPDA) will soon be five years old. It was formed to do what dealer associations in the Auto, Marine and RV industries do for their Dealers. The one caveat being NPDA was late to the party — those other industry associations were formed between five and seven decades ago! Today, SEMA, NADA, RVDA/RVIA, NMMA/MRAA continue to thrive; serving their Dealers by growing their markets; acting as equal partners with their manufacturers in promoting the common good. The NPDA is working hard to make up for lost time, but needs your help and involvement. My time with the NPDA has come to an end as I sold the last of my ownership interest in my Dealerships a few months ago, so I am no longer eligible to serve. As the U.S. Marines say, “Once a Marine, Always a Marine”, so, too, I am sure I will always proudly be a Dealer. And with Robin and the team at Dealernews, I will do my best to serve my brother and sister Dealers — just in other ways.

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- MIC? Aftermarket? Distributors… Ditto! Look, our industry is too small to do anything other than lock arms as we confront our problems and our opportunities. We are stronger together… but divided we will fall. Dealernews is supporting the NPDA once again by offering free flat screen smart TVs to Dealers willing to show POWERSPORTS WORLD TV (PSWTV) in their shops. PSWTV has been airing 24 x 7 around the world with great content (thanks BRP and Yamaha and many others). Millions of viewers; millions of hours of viewing — all equal sales of our products! But to be a commercial success, we need to see a minimum of 15% of our Dealers to put PSWTV in their stores to reach critical mass. Will you help? How about if I give you a TV? Win A Free Smart TV Powersports World TV is a worldwide network owned in part by the National Powersports Dealer Association (NPDA). It exists to sell our industry; its Products; its Community and most importantly, your Dealership. If you will commit to installing the TV in your place of business; turn it on when you open your shop; and turn it off at the end of the day, this tool will be appreciated by your customers. More will buy, and they will buy more! The NPDA exists to help Dealers prosper. Help us help you. And help yourself to a new TV courtesy of Dealernews and the NPDA! Click here: www.npda.org/pswtv/giveaway


None more so than Harley-Davidson! After Hardwire went Haywire, to quote my friend and NPDA HarleyDavidson Council Chair George Gatto, The Motor Co. is looking to another Arthur — Artie Starrs — to work together with its dealers to once again connect, engage and unite Harley riders. See this issue’s OEM update on Harley’s financials and the moves Artie is making, like bringing Bill and Karen Davidson to the table. However it isn’t just Harley that has lost its way and could use a little Fordism. New Year’s is a time for reflection and resolutions for all of us to do better. Forget the trials and tribulations of the past year and start with a fresh slate and renewed energy. AIMExpo moving up to coincide with the A1 Supercross gives our industry an opportunity to make a resolution to move forward in a positive and meaningful way… or not.

Editor’s Note By Robin Hartfiel

Using Mr. Ford’s admonition we can do it — or we can’t — but we will all leave Anaheim 100% right! So what’s your New Year’s Resolution going to be?

FIGHTING A LOSING BATTLE… Or Not

“Whether you think you can or think you can’t, you’re right.” — Henry Ford

H

enry Ford was a genius. However it was not the assembly line, the Model T or the ubiquitous Model A… his true genius was the understanding that he could create a mass consumer market for his products by making them affordable and paying high wages. This “Fordism” philosophy served the test of time, a Great Depression, several recessions and a couple of World Wars. A full 10 years after William S. Davidson and Arthur Harley started cobbling together a motorcycle in a 10x15 shed, Harley-Davidson moved into a state-of-theart six-floor brick factory in 1913. Coincidentally Ford was manufacturing Model Ts on a moving assembly line (and paying auto workers $5 a day) in 1913. Brilliant! “Coming together is a beginning; keeping together is progress; working together is success,” Henry added. That is where the powersports industry finds itself right now. We are literally on the eve of a New Year and a trade show designed to “Connect, Engage and Unite” all of us. Lord knows we need to get it together after the past couple of years!

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Former Editor-in-Chief and publisher of Dealernews circa 1990-2003, Robin returns to the magazine. In addition to having been instrumental in creating the Dealernews Top 100 program (still the industry’s ultimate accolade for a motorcycle dealership), Hartfiel has worked for most of the B2B publications in the Powersports arena. Prior to the trade side, he worked as a beat reporter for a local newspaper and was an editor of publications ranging from All About Beer to VW Trends.


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received the keys back in April, there has been a rally cry from dealers who are ready to support a brand that believes in their products, employees and their future of offering premium products to their consumers.” This support has so far increased new Arctic Cat dealer interest two-fold, with goals to continue at a measured pace, placing Arctic Cat products and quality dealer service closer to consumers who live to ride.

FLY LOYALTY INITIATIVE LAUNCHES

Did you catch the launch of Western Power Sports “FlyFam” initiative? “At Western Power Sports, our strategy has always centered on delivering unmatched support and service to our dealer network,” says Jason Thomas, Sr. Media & Communications Manager. “As the powersports market evolves, our commitment to keeping our brands strong and driving customer loyalty remains our top priority. Our exclusive house brand, FLY Racing, is leading the charge with a groundbreaking initiative.” The FLY Fam Loyalty Program is built on a foundation of partnership. This program is a direct reflection of WPS’ dedication to every dealer in the network, ensuring they remain central to the customer journey. FLY Fam is designed to strengthen the essential bond between riders and their local dealerships. “We’ve ensured customers can earn points on their purchases seamlessly, whether they shop online or in-stores,” he explains. This approach is setting a new industry standard. FLY Fam is creating a loyalty ecosystem that proactively supports both the rider and the dealer, driving repeat business and fostering collective growth across the entire WPS/FLY Family! For more information on the rewards program, click here: lnkd.in/g4pM-9nc

To support the dealers, key DSM’s have joined the team. Recent additions include district sales manager Brock Fischer covering Texas and Oklahoma; Tracy Burkhart covering Minnesota, North and South Dakota: Tim Miller covering Pennsylvania, New York, New Jersey and Connecticut: Kelly Rees covering Kentucky, Virginia, West Virginia and the District of Columbia; and Mark Mackin covering New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland/Labrador. The addition of recent team members is augmented by Regional Sales Directors with combined professional experience at more than 20 OEMs, aftermarket companies, distributors and dealerships. Regional Sales Directors Eric Bondy, Derek Jordahl and Kevin Asselin are nearing the end of their search to cap off this Cat’s dealer partners.

HONDA INVESTS IN U.S. MFG.

Honda is investing $9.658 million to modernize its North Carolina Manufacturing (NCM) plant. The plan calls associates at the facility to build critical components for ATVs in-house, including fenders, side covers, toolbox covers and smaller items. Honda’s investment will add new equipment, create 18 new jobs, and provide learning and upskilling opportunities for associates over the next five years. “By equipping Honda North Carolina Manufacturing with important new capabilities to build key parts for our products right here at the facility, we can continue growing our ATV business in North Carolina,” explains Lynne Hedrick, site lead at NCM. “We are grateful for the continued support from Alamance County and look forward to the benefits this investment will provide to our associates and the region.”

CAT IS BACK AND DEALERS ARE THE PRIORITY

“We are a company of riders who work to understand and anticipate our dealers’ needs, and those of their customers,” says Arctic Cat President & CEO Brad Darling. “We are a committed partner that provides the best products and support, ensuring Arctic Cat is a successful addition to their business.” According to Darling, Arctic Cat is actively recruiting and signing high-quality dealerships with a focus and promise to never oversaturate a market, offering dealers the opportunity to grow their businesses. “Since the new ownership group

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Located in Swepsonville, the nearly 650,000 square-foot facility already employs 600 associates and represents a capital investment totaling more than $395 million. The facility is one of 12 major Honda production facilities in the U.S. Many of the products built at the plant were researched, designed and developed by Honda R&D engineers in nearby Haw River, N.C. Since its inception in Swepsonville in 1984, NCM has grown from building Honda lawnmowers to becoming Honda’s exclusive facility for the manufacturing of ATVs in North America. In 2023, NCM added ATVs to its production lineup, launching a new powersports era at the longtime power equipment facility. This latest investment represents Honda’s latest step toward strengthening the future of advanced manufacturing in North Carolina, further positioning the region as a hub for innovation and excellence in powersports production.


Finance” program offers tailored financing options that cater specifically to the needs of powersports enthusiasts. Customers can expect competitive rates, flexible terms, a streamlined approval process, and a seamless end-to-end experience. “We are thrilled to partner with Octane to launch Adventure Lifestyle Finance,” explains Kris Price, Vice President of Adventure Lifestyle. “This partnership allows us to enhance the overall customer experience by providing our customers with exclusive financing opportunities that make it easier than ever to own their next powersports vehicle. We believe that every adventure should be accessible, and this initiative is a step forward in making that a reality for our customers.”

DEALER NEWS: OCTANE FUELS ADVENTURE LIFESTYLE

With 20 powersports dealerships in 11 states — as well as Marine and Custom Truck Centers nationwide — Adventure Lifestyle has increased its ability to deliver exceptional products and services to its customers by teaming up with fintech leader Octane. The “Adventure Lifestyle

FOR USA & CANADIAN RIDERS

Founded in 2014, Octane supports 60+ OEM partner brands and more than 4,000 dealer partners. They are also the outfit that bought Cycle World from Bonnier to support its powersports loan efforts. “At Octane, we understand the passion and lifestyle that comes with owning a powersports vehicle,” adds Octane’s National Sales Manager Josh Norton. “Our collaboration with Adventure Lifestyle allows us to deliver exceptional financing solutions tailored to their customers’ needs. We are committed to making the purchase process as seamless as possible, ensuring that customers can get out on the trails and enjoy their adventures without delay.”

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JANUARY 2026

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DEALER NEWS: HOOSIER H-D CLOSED

It is with truly heavy hearts and profound sadness that we share some very difficult news. After 19 incredible years of serving the riding community, Hoosier Harley-Davidson of Elkhart, IN will be closing their doors permanently. This decision was not made lightly, and we understand the impact it will have on our loyal customers, friends, and the passionate Harley-Davidson family we have built together. We plan to wind down our association with Harley-Davidson. Please continue to visit our website for updates, and until then please come in to take advantage of our final days. From the bottom of our hearts, thank you for your unwavering loyalty, your love of the open road, and for making Hoosier Harley-Davidson a true home. Every mile, every memory, every roar of the engine – it’s been our honor to share it all with you. We’d love the chance to thank you in person. Please stop by to say farewell, share a story, and help us celebrate the legacy we’ve built together. While this chapter comes to a close, the spirit of the open road, the camaraderie of fellow riders, and the timeless legacy of Hoosier Harley-Davidson endures. We wish you countless more miles of safe and thrilling adventures. Thank you, from the depths of our hearts, for everything. With heartfelt gratitude, The Entire Saputo Family and Team at Hoosier HarleyDavidson

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PACK YOUR BAGGERS FOR ANAHEIM!

As they did at NVP, Drag Specialties is roaring into AIMExpo with its popular Bagger Racing League Build-Off. LeMans Corporation, — parent company of Parts Unlimited and Drag Specialties — returns to AIMExpo 2026 as both an exhibitor and exclusive coffee sponsor. Timed to coincide with the opening weekend of Monster Energy AMA Supercross at nearby Angel Stadium, the event promises an action-packed atmosphere for powersports enthusiasts and industry professionals alike. “At LeMans Corporation, we’re stepping up to ensure the powersports industry thrives,” said Paul Devine, Vice President of Sales & Marketing, LeMans Corporation. “By partnering with AIMExpo Anaheim and becoming the exclusive coffee sponsor, we’re not only fueling dealer engagement — we’re also amplifying our brand presence as Supercross kicks off just blocks away. We are pumped to have the Bagger Build-Off at the Drag Specialties Semi and to continue supporting the Bagger Racing League.” Attendees can start each morning at the AIMExpo Starting Line, where Drag Specialties and Parts Unlimited will be just inside the main entrance. Dealers can also connect with LeMans representatives on the show floor to learn about exclusive event only incentives available during AIMExpo. “AIMExpo thrives because of partners like LeMans that show up and bring renewed energy year after year,” added Andre Albert, MIC Director of Marketing and Events. “They help set the tone for what this event is all about — connecting people, driving progress, and keeping the industry moving forward.”


BRL BATTLE SCHEDULE ANNOUNCED

“The countdown to 2026 starts now,” announced BRL impresario Rob Buydos. “Drag Specialties Bagger Racing League Battle of the Baggers presented by Memphis Shades is locked in for 2026.” To help kick things off, BRL will be doing its own Bagger Build Off at AIMExpo. That’s right, the same onsite build dealers experienced at NVP will be at AIMExpo. The Drag Specialties semi returns to AIMExpo as the backdrop for the Bagger Racing League Bagger BuildOff, giving attendees a front-row look at craftsmanship, performance and innovation in action. Nearby at the AIMExpo Starting Line, the Parts Unlimited/Drag Specialties booth will showcase a lineup of new products across LeMans’s brands. Get ready for a season stacked with doubleheaders, iconic racetracks, and the fiercest bagger racing on the planet. The chase begins this May and ends under the Vegas lights. All details, tickets and registration at: www.BaggerRacingLeague.com

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Brought To You By MotorcycleIndustryJobs.com

Just in time for the impending AIMExpo trade show, Keeway America — Booth #2011 — is staffing up. Eric Dew is now calling on dealers as the new Southwest Regional Sales Manager, serving as the sales champion for the company’s operations in Arizona, California, Nevada, New Mexico, Utah and surrounding areas. A highly accomplished professional, Dew has earned multiple factory certifications and completed specialized training programs that reflect his expertise in dealer development and product knowledge. He has a history of driving sales growth, building strong dealer relationships, and implementing effective strategies to maximize regional performance. Dew brings more than a decade of leadership and sales experience in the powersports industry, with a proven track record across Yamaha, Suzuki, Ducati, K TM and Honda brands. As Southwest Regional Sales Manager, Dew will work closely with dealerships to drive sales initiatives, expand brand presence, and ensure dealers have the tools, training, and resources necessary to achieve outstanding results. He will play a key role in Keeway America’s ongoing commitment to providing industry-leading sales support and strengthening dealer partnerships across the Southwest region.

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Keeway America also welcomes Jon Mullinaux as its new Service Manager, based at the company’s headquarters in Frisco, Texas. Mullinaux brings over eighteen years of technical and managerial experience in the motorcycle industry, with expertise spanning HarleyDavidson, Honda, Suzuki, Yamaha, and Kawasaki, along with extensive experience across numerous other leading manufacturers. A graduate of the Motorcycle Mechanics Institute, Mullinaux has completed extensive factory training and earned multiple technical certifications that reflect his ability to work across a broad spectrum of motorcycle platforms. Throughout his career, he has steadily advanced in responsibility, consistently building the technical and managerial foundation. As Service Manager, Mullinaux will oversee Keeway America’s service operations from Frisco, providing technical expertise, supporting dealer service departments and ensuring a high standard of aftersales care across the company’s growing U.S. network. Meet Mullinaux, Dew and the entire Benelli/Keeway team at AIMExpo in Booth #2011

Look for a victory lap from a longtime LeMans road rep at AIMExpo

as Steve Dickinson celebrates with the dealers in his SoCal territory. “After 34 years of dedicated service, Steve Dickinson, (Rep #62) will be officially retiring from the company on 11/7/25,” reported the Bulletin. “Steve’s commitment, hard work and positive spirit have left a lasting mark on our team and our customers alike. Please join us in congratulating Steve on an incredible career and wishing him all the best in his well-deserved retirement.” Dickinson says, “Well I guess the cat’s out of the bag but today is the last day. I got this nice blurb in the Bulletin. It has been a lot of fun working with this company and the great people that work there. I’m going to miss the people at Parts Unlimited the most. Great group of people. On to a new adventure!” In addition to springing for your morning joe at AIMExpo you can’t miss the Parts Pavilion Booth #1115

Prior to picking up Sullivans, Parts Unlimited added to its rep force. Tim Queen is now calling on dealers in the Central East Region covering southern Pennsylvania and West Virginia. Queen comes to Parts Unlimited with several years of experience both on the dealer level as well as the aftermarket distribution sales level. An active rider and graduate of the U.S. Naval Academy, Queen served as the Vice Commander of the American Legion Riders Post 639. His vast stable of bikes includes a Harley Street Glide and a Suzuki V-Strom as well as many motocross/off-road bikes along the way. In his spare time, Queen follows amateur wrestling (as would be expected of a Division 1 grappler) enjoys traveling and attending live music festivals. Continued on page 16


Brought To You By MotorcycleIndustryJobs.com Continued from page 14

exciting new chapter at the Starting Line at AIMExpo.”

After a 6-year stint with BRP (most recently as Dealer Development Manager for the OEM), industry veteran Rob Oliva is back with LeMans Corp. becoming the new National Sales Manager, effective December 15, 2025. “Rob’s return to Parts Unlimited marks an exciting chapter for our company and the powersports community,” said Paul Devine, VP of Sales & Marketing. “His leadership, combined with his deep understanding of dealer needs and industry trends, will strengthen our commitment to driving growth and innovation.” After starting as a Drag Specialties rep back in 2013 he worked his way up to LeMan’s RSM before BRP in 2019. “Rob brings decades of experience across dealership operations, aftermarket distribution and OEM leadership, including key roles at BRP. His deep industry knowledge and passion for powersports will help us drive growth and deliver even greater value to our dealer network. Speaking of dealerships, Oliva ran his own operation — Lithium Motorsports Inc. — for more than a decade before becoming Sales Manager for Midwest Honda, Suzuki in Sioux City, Iowa, circa 2010-2013. Beyond his professional accomplishments, Oliva’s passion for powersports runs deep. Raised in Pennsylvania, he developed a love for riding on a Honda Mini Trail 50. After serving as a U.S. Navy Hospital Corpsman, he pursued college studies and roadracing, a passion that continues today. He remains an active enthusiast, enjoying time on the track and with his family. Parts Unlimited looks forward to Rob’s leadership in advancing dealer success and supporting the vibrant powersports community. “Join us in congratulating Rob and celebrating this

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American-made motorcycle specialists BAKER Drivetrain has engaged industry icon James Simonelli. He returns to BAKER after working for the company earlier in his 40-year career. “I’m thrilled to have James back with us,” exclaims BAKER Drivetrain President Lisa Baker. “His technical expertise, enthusiasm and proven brand-building approach will help drive our product and marketing to the next level. He’s a great addition to our BAKER Gearhead Crew.” Most recently, Simonelli served as Brand Manager for Twin Power and Biker’s Choice at Turn 14 Distribution, but his expertise in design, fabrication, product development, technical support, sales and marketing stems from his time with custom fabrication shops to some of the most respected brand names in the industry, including BAKER, S&S Cycle and Turn 14 Distribution.

The latest addition to Team Beta — Booth# 1975 at AIMExpo — is

Chad Redongo coming on board as Media Manager. Redongo will focus on producing video content that highlights bikes, race teams and brand identity, further strengthening Beta’s digital footprint and connection with the riding community. “We are thrilled to have Chad join the marketing team here at Beta USA,” says Marketing Manager Bryan Wunsch. “His eye for detail and his experience as a videographer make him the perfect fit to elevate our content strategy. Chad’s ability to tell a story through the lens is exactly what we need to showcase our motorcycles and the Beta brand.” Fans can look forward to seeing his work featured across Beta USA’s social media channels, website and promotional materials. “It’s an honor to be joining Beta Motorcycles and becoming part of such a passionate team,” concludes Redongo. “I’m excited to contribute creatively and help showcase the culture of Beta and the craftsmanship of their motorcycles.”

Building the Next Great American Motorcycle Company — “I’m super excited to announce that I have accepted the position of VP, Global Sourcing & Supply Chain at Janus Motorcycles,” exclaims Scot Ferguson. The former Lead Development Engineer for Buell back in the day and later Director of Global Sourcing for Küryakyn, Ferguson was most recently with LiveWire as NPD Supply Manager. “We are looking forward to an awesome 2026 and beyond, focusing on lead time reductions, continuous improvements and broadening our product offering. Check us out if you are ever in Goshen, Indiana — just walk in and say “hey!”


DENAGO POWERSPORTS GOES BIG! UTV Unveiled At AIMExpo

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fter making a splash at AIMExpo in 2025, Denago PowerSports more than doubled its dealer network in the past 12 months… but that was just the beginning. “We are keeping the throttle pinned as we roar into 2026,” says David Garibyan, Denago PowerSports General Manager. “A new dealer portal will streamline ordering and tracking, and we’re building our accessory lineup to include gloves and goggles and much more. Even more exciting will be the new vehicles we’ll unveil in 2026!” The Freelander 350FI 4x4 is being joined on display at AIMExpo by a new Freelander 200FI. But the big news – figuratively and literally – is the debut of the RanchHawk 650 UTV! Denago PowerSports has been upending the market for affordable ATVs and dirtbikes, and is “AIMing” to do the same in the UTV launch in Anaheim. To achieve this lofty goal, the RanchHawk 650FI is packed with high end features but is more affordably priced than any UTV on the market. “The UTV segment is very popular, but their prices have soared and put them out of reach for many off-road enthusiasts,” Garibyan explains. “With an MSRP of only

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$9,999, the fully featured RanchHawk 650FI will provide affordable access to the world of UTV adventuring and utility.” To that end, the spec sheet for the RanchHawk 650FI 4x4 is packed with features, including high- and low-range gearing, switchable 4-wheel-drive, electric power steering (EPS) and a locking differential. A winch, trailer hitch and tilting cargo bed add to its capabilities. “The RanchHawk continues Denago’s legacy of providing the best value in powersports, offering the most standard features at an affordable price point,” continues Garibyan. “While some of our competitors charge extra for windshields, bumpers, doors, and towing kits, we include them as standard equipment so our customers will get more for their money.” RanchHawk drivers are treated to features unavailable in this segment, like color TFT instrumentation behind a tilt-adjustable steering wheel, plus a massive TFT infotainment screen on the center console that links up via Bluetooth to deliver a standard audio system, GPS mapping and YouTube streaming. The windshield pivots at adjustable angles and can be folded down for an openair experience.


Motivation comes from a fuel-injected 620cc overheadcam engine that’s larger and more powerful than its class rivals, claims Garibyan. Power is transmitted via an automatic CVT transmission and maintenance-free shaftdrive. It features adjustable remote-reservoir shocks delivering 13 inches of ground clearance. “The suspension is tuned to deliver a smooth ride over all kinds of terrain, whether on a ranch or exploring OHV parks,” he notes.

Sept 18-20: Sand Sports Super Show, Costa Mesa, CA

The versatile RanchHawk 650FI 4x4 will enter serial production in Q1 of 2026, backed by a one-year partsand-labor warranty. But dealers in Anaheim will get the holeshot for the unveiling at AIMExpo Booth #2061. The UTV is being joined by the all-new 4-wheel-drive Freelander 350FI and Freelander 500FI ATVs that are entering production after extensive R&D testing.

Nov 3-6: SEMA, Las Vegas

If you’d like to discover the Denago Difference for your dealership, the team has a full schedule of events in 2026, including: Jan 7-9: AIMExpo, Anaheim, CA May 2-3: Lone Star Overland Adventure & Powersports Show, Austin, TX Jul 17-19: Texas Hunters & Sportsmen’s Expo, McAllen, TX Sept 11-13: Hay Days, North Branch, MN

Sept 20-22: NPDA DealerConnect, Columbus, OH Oct: Big East Powersports Show, Syracuse, NY Oct 24-25: California Overland Adventure Show, Pomona, CA

Or visit them virtually at: www.DenagoPowersports.com Denago RanchHawk 650FI Specifications Engine: 620cc OHC single-cylinder, EFI Power: 39 hp @ 5500 rpm Torque: 43 lb-ft @ 4500 rpm Transmission: Automatic CVT with high/low-range, switchable 4WD, shaft drive Wheelbase: 76.8 inches Ground Clearance: 13.0 inches Turning radius: 15.9 feet Dimensions (LxWxH): 121.7 x 61.4 x 78.7 inches Tires (front/rear): 26x9-14; 26x11-14 Fuel Capacity: 7.9 gallons Load Capacity: 683 lb Cargo Load: 331 lb 19 JANUARY 2026 Weight: 1587 lb


THE DENAGO DIFFERENCE

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lthough Denago PowerSports has been in the U.S. market since July 2023, the brand was largely under the radar…. Until AIMExpo 2025. “We had dealers seeking us out at the tradeshow rather than the other way around,” says General Manager David Garibyan. The tradeshow served as a catalyst to make Dengao the fastest growing powersports line in the U.S. “We began last year with 73 authorized Denago PowerSports dealers, which was an exemplary achievement for a brand only 16 months old,” Garibyan notes. “Today, as we turn the page on 2025, more than 150 dealers have discovered the Denago difference. The dealer enthusiasm demonstrates the strength of our brand in terms of both products and the support we deliver.” For those dealers who missed the trade show debut, Denago PowerSports is the premium brand of Zhejiang Taotao Vehicles, akin to how Lexus is related to Toyota. In addition to being traded on the Chinese Stock Exchange Taotao (and its affiliated brands of eBikes, pitbikes, golf cars, ATVs, scooters and even hoverboards) is the largest exporter in the powersports market.

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Dealernews discovered the Denago difference during their debut at the Sand Sports Super Show and were impressed by the vision for the brand expressed by Garibyan and National Sales Manager Johnny Hayes. “Our vision is to go beyond the basics and incorporate innovation, intelligent AI technology, and unique designs - in a premium powersports vehicle without the premium price tag.” The operative term being “premium” David assembled an experienced team of 25 U.S.-based professionals in all areas, including sales, marketing service, parts and administrative support. “The Denago PowerSports team brings well over 100 years of combined experience to the brand,” he adds. “We also wanted to add an excellent vehicle warranty and responsive customer support for all Denago PowerSports consumers and dealers from coast to coast. At Denago PowerSports, we are passionate about our vehicles, and we want to change the industry to provide durability and affordability in every product we make. Our American team of riding enthusiasts intends to bring affordable value to customers with experienced manufacturing globally.”


HARLEY-DAVIDSON Q3 RESULTS

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hat which does not kill us only serves to make us stronger, suggested a German philosopher; however the consensus is that the Jochen Zeitz era has many pundits declaring it is time for last rights to be administered to The Motor Company. So what is the state of Harley-Davidson’s financial affairs being inherited by incoming President and CEO Artie Starrs? “Our Q3 results demonstrate the positive impact of the HDFS transaction and reinforce the strategic value HDFS brings to Harley-Davidson’s overall business model,” claims Starrs, readily admitting retail is soft. “While retail sales remain challenged, I’m truly energized by what I’ve experienced across the Company, in dealerships and with the broader rider community.” However he believes there is life left in Harley, particularly its dealer body. “While there is a lot of work ahead of us, our success begins with our dealers - when they thrive, HarleyDavidson thrives. Going forward you can expect an

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intensified focus on the key drivers of sustainable growth: strong and profitable dealerships, growing the powerful connection riders have with our brand, locally relevant marketing, and capital-efficient growth,” said Starrs in announcing the Q3 financials. Commenting on the HDFS transaction, CFO Jonathan Root explains: “The completion of the HDFS transaction with KKR and PIMCO marks a transformative milestone for Harley-Davidson. We are unlocking significant value while transforming Harley-Davidson Financial Services into a capital-light, de-risked business. This transaction releases over $1.2 billion in discretionary cash and sets the foundation for higher returns and sustained growth. Importantly, Harley-Davidson retains full control and majority ownership of HDFS - ensuring no change for our dealers or customers, which we believe continues to drive long-term value creation.”


HDFS Transaction Update – Strategic Partnership with KKR and PIMCO Unlocks Significant Discretionary Cash According to Root, the HDFS transaction includes three key elements: 1) Back Book Sale: Sale of approximately $6 billion of existing HDFS loan receivables 2) Forward Flow Agreement: Sale of future HDFS loan originations 3) Sale of Equity Interests: Sale of a 9.8% common equity interest in HDFS to KKR and PIMCO The bottom line is that the PIMCO/KKR deal is expected to unlock approximately $1.2 - $1.25 billion in discretionary cash no later than the end of the first quarter of 2026 as HDFS completes its debt reduction activities. The timeline actually started back in July: • July: Harley-Davidson announced HDFS strategic partnership with KKR and PIMCO to transform HDFS into a capitallight, de-risked business model. HDFS expects to continue to originate and service both new and existing retail loans • August: Completed sale of residual interests in securitized finance receivables of approximately $1.9 billion, along with related debt of $1.7 billion • October: Completed agreements for the Back Book Sale, Forward Flow Agreement, and Sale of Equity Interests So far, so good: HDFS operating income was $439 million (reflecting impact of HDFS transaction through end of Q3). In turn, this bumped HDMC revenue up 23% versus the prior year at a time when global motorcycle retail sales were down 6% from 2024.

HDFS’ operating income increased by $362 million in the third quarter or 472 percent versus prior year, driven by the impact of the HDFS transaction. The increase was primarily due to a lower provision for credit losses and higher other income, partially offset by lower net interest income and higher operating expenses. The increase in other income includes a $27 million gain on the sale of residual interests in securitized finance receivables.

Continued on page 24

JANUARY 2026

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Continued from page 23

Third quarter HDMC Revenue was up 23% — driven primarily by an increase in wholesale shipments, where net global pricing was flat and product mix and foreign currency were slightly favorable. Motorcycle revenue was up 34%, driven by global motorcycle shipments increasing 33% versus prior year. Parts & Accessories revenue was down 4% and Apparel revenue was up 1%. Third quarter HDMC gross margin was down 3.7 points versus prior year, due to unfavorable operating leverage, the cost of new or increased tariffs implemented this year, and unfavorable foreign currency impacts. These factors were partially offset by the favorable impact of net pricing and mix. Third quarter operating income margin was down 1.3 points due to the factors above, while operating expense was $20 million higher than a year ago.

But what really matters is how many motorcycles are being sold vs. spread sheet sleight of hand, right? Global retail motorcycle sales in the third quarter were down 6% versus the prior year, reflecting continued soft demand amid unfavorable consumer confidence, high relative interest rates, and inflation concerns. North America retail performance was down 5 percent. International retail performance was down 9%, where EMEA was weaker than the APAC region, and Latin America experienced modest growth.

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George Gatto with Bill and Karen Davidson

UNDER NEW MANAGEMENT “As we reimagine our future, we are returning to what makes HarleyDavidson uniquely powerful,” noted Artie Starrs, President & CEO, HarleyDavidson. “These changes set us up to deepen our connection to riders and dealers, accelerate data-led and techenabled engagement, and unlock the full potential of our operations.” New roles include: Jonathan Root – Chief Financial & Commercial Officer: In support of renewed focus on dealer relations and integration with financial services (HDFS), Root will lead the Commercial organization in addition to his role as Chief Financial Officer. Bryan Niketh – Chief Operating Officer: The Motor Co. welcomes back Bryan Niketh, effective January 5, 2026, to serve as Chief Operating Officer. With 20 years of prior H-D experience and most recently serving as President of White River Marine Group, Niketh will oversee Product Management, Product Development and Product Operations — bringing both deep institutional knowledge and renewed operational leadership to the company. Matt Ryan – Chief Marketing & Technology Officer: Matt Ryan, most recently Chief Marketing Officer at Boyd Gaming, joined HarleyDavidson on December 8, 2025. In this newly created role, Ryan will unite the company’s marketing, digital and technology capabilities under one leader — enabling data-

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driven marketing, integrated digital experiences and more seamless engagement with riders. Marcus Fischer – Chief Brand Officer: Also, effective December 8, 2025, Marcus Fischer assumed the role of Chief Brand Officer, reporting to Matt Ryan. Fischer joins HarleyDavidson from Carmichael Lynch, the agency behind many of the brand’s most iconic campaigns, and will lead brand strategy, creative direction and long-term brand positioning as HarleyDavidson enters its next chapter. Bryan, Matt and Marcus will all be based in Milwaukee at the historic Juneau Avenue campus. Speaking of historic, Starrs brought in a couple familiar faces as “Brand Ambassadors: Bill and Karen Davidson: Bill Davidson – Special Advisor to the CEO and Brand Ambassador: Bill Davidson will serve in the newly created role of Special Advisor to the CEO and Brand Ambassador, with a focus on product development, brand, rider culture and community. Karen Davidson – Brand Ambassador: Karen Davidson will continue as Brand Ambassador, working more closely with our Marketing and Brand teams, focusing on dealer engagement, rider culture and community. Further specifics will be subject of a future announcement as Matt Ryan and Marcus Fischer get settled in their roles.

NPDA Harley-Davidson Council Chair George Gatto is just one of the fans of the move. “Had a chat with Bill Davidson yesterday, guess where his new office is located? Yep, right next to the new CEO Artie Starrs. This is exactly where he should be. Bill is the best choice to make sure the heritage, principles, values and open communication are part of the solution. So happy to see Bill and Karen Davidson in positions to influence the future of HDMC. After all, they have lived through the buyout from AMF, the growth years, countless CEO’s, and the completely failed haywire strategy. Their perspectives are invaluable in that they know what it takes to rebuild, since its already been done before…” see the sidebar for more of the NPDA POV. Harley-Davidson also reaffirmed its commitment to Milwaukee — especially its Juneau Avenue campus — as the heart of its business. “Milwaukee is our home, and it always will be,” Starrs said. “These organizational changes are part of a broader effort to reset and strengthen the company’s bond with its dealers and riders – enabling Harley-Davidson to chart a bold strategic path forward.” Jagdish Krishnan, Chief Digital and Operations Officer of HarleyDavidson Inc., and Luke Mansfield, Chief Commercial Officer of HarleyDavidson Motor Company, will step down from their positions. Both executives will receive benefits under the company’s Executive Severance Plan.


None too soon for many NPDA dealers. “The last five years, dealers have lived in a whirlwind. Hardwire quickly became Haywire, devastating our financials like nothing before. As our dealer association, NPDA tried multiple times to respectfully discuss these issues with leadership in order to change course, but to no avail,” states Gatto. “With new leadership comes change… Massive change! The majority of dealers on our NPDA H-D Council have also had the opportunity to talk with Artie, and all agree that “we” (H-D and the dealer network) are again working together!” Among the latest hires, a couple stand out to Gatto. Marcus Fischer led Subaru’s rebuild managing their marketing under Tom Doll, when he took the CEO position at Subaru. If you have not watched the YouTube interviews with NADA and Tom, I highly recommend them. He and Artie have similar views on partnering with the dealer network to rebuild the brand. Both have said that “dealers are the brand” Gatto is also betting new CMO Matthew Ryan will pay off. “He comes from a relationship marketing background at Pinnacle Entertainment, Caesars Entertainment and Boyd Gaming. These guys aren’t your run of the mill marketing minds, they are first class.

NPDA HARLEY-DAVIDSON COUNCIL CHAIR SAYS: “WITH NEW LEADERSHIP COMES CHANGE”

Artie has made it clear that “all leadership will be dealer focused”. This is huge based on dealer experiences from the last five years. When you meet Artie you can see and feel his enthusiasm for the brand, H-D employees and the dealer network. It’s going to be a lot of work and we are all going to have to work together, but this is what a rebuild looks like.

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“I know I have been critical of JZ, and angered some folks,” Gatto concedes. “Being the Chairman of the NPDA H-D Dealer Council, we were in the middle of a fire storm. Hundreds of angry dealers contacting us asking us to do something. We wrote multiple letters to HDMC leadership, to no avail. We tried to have meetings, but JZ cut us off. One letter was leaked to the Wall Street Journal (not by us), and H Partners jumped in the fray to remove JZ and the board members who protected him. We did everything possible to help and felt like we had a small part in the final result. Big thanks to the HD dealers on our council, every one of them had a part in this.”

This message strikes a chord with dealers. National Powersports Dealer Association’s Harley-Davidson Council Chair George Gatto hosted new CEO Artie Starrs at his Three Rivers Harley-Davidson dealership. “He spent time with each department, asked a lot of questions, including what H-D could do better,” says Gatto. “He took plenty of notes.”

As NPDA says, #WeAreBetterTogether Haywire is behind us, the future is looking better every week! “I have to let go of my anger about the last 5 years. It’s over, it’s done,” concludes Gatto. “Time to look forward. There really are good things happening with H-D because we have a new leader who gets it.”

oting a renewed commitment to its Dealer Network, Harley-Davidson has announced a sweeping series of leadership and organizational changes. According to The Motor Company, the shift is designed to strengthen the company’s leadership, reinforce its dedication to its rider and dealer community, and deepen its commitment to Milwaukee as the heart of its business.

With less than two months under his belt, Starrs is making bold moves by replacing several top executives (see sidebar). “He continues to meet with dealers, former H-D leadership, H-D employees, and industry experts,” Gatto adds. In addition to dropping in a number of dealerships, Starrs convened a dealer roundtable in early December where 50 dealers met with Artie and his team for face-toface, no -holds barred open discussion. “After having had multiple discussions with Artie, I know he will have as many if not more questions than the dealers.”

Stay tuned, much more to come…

JANUARY 2026

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areas of our portfolio that offer the strongest growth potential and allow us to accelerate investments in key initiatives and create wins with customers and dealers. It also will unlock greater long-term value for Polaris and our shareholders, with immediate value creation that we expect will become increasingly meaningful over time.” Upon close, the transaction is expected to be accretive to Polaris’ annualized adjusted EBITDA by approximately $50 million and to adjusted earnings per share (“EPS”) by approximately $1.00. The close of the transaction is expected to occur in the first quarter of 2026, subject to the satisfaction or waiver of customary closing conditions. Polaris is confident in Indian Motorcycle’s future success under Carolwood ownership and will maintain a small equity position in the Business after the transaction closes. Additional terms of the deal were not disclosed.

POLARIS THINKS OUTSIDE THE BOX… Spins Off Indian Motorcycle To Private Equity Group

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IMExpo marks the first time Indian Motorcycle Booth #973 appears independent from Polaris and the new team is looking forward to meeting with potential dealers in Anaheim. ”America’s First Motorcycle Company” became one of America’s newest motorcycle companies as Indian was spun off from Polaris in a deal announced October 13th, but expected to close in early 2026. Polaris Inc. had announced its decision to “separate Indian Motorcycle from its portfolio and into a standalone business.” According to the media release, “The Company has entered into a definitive agreement to sell a majority stake in Indian Motorcycle to Carolwood LP, an independent private equity firm founded in 2014 and headquartered in Los Angeles, California. Indian Motorcycle contributed approximately $478 million, or 7.0%, of Polaris’ revenues for the trailing twelve-month period ended June 30, 2025.” “Polaris and Indian Motorcycle both stand to benefit from this deal, which will enable each business to move faster, deliver industry-leading innovation, and lean further into our respective market strengths,” said Polaris Chief Executive Officer Mike Speetzen. “For Polaris, the sale will further strengthen our focus on the

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Speetzen continued, “Under Polaris’ ownership and investment, Indian Motorcycle has been re-established as a celebrated brand and major player in the global motorcycle market. With its current product portfolio, global dealer network, category expertise and manufacturing resources, the Business is well positioned to succeed as a standalone company with a dedicated focus on its industry.” He adds. “We were highly intentional and selective in our search and planning efforts for Indian Motorcycle’s next chapter of growth. In Carolwood, Indian Motorcycle has a partner that believes in building on the Business’ current momentum and supporting its next stage of success. We are confident and committed to making this a seamless transition for Indian Motorcycle dealers, customers and employees.”

ABOUT CAROLWOOD LP Carolwood is an independent, multi-strategy private equity firm based in Los Angeles. Founded in 2014, the firm’s objective is to acquire a diverse portfolio of assets with significant repositioning potential and longterm growth opportunities. The firm has specifically designed its systems and infrastructure to support scaled, heavily entangled corporate subsidiaries as they transition into standalone companies. Carolwood is committed to enhancing the value of the companies and communities in which it invests.


SHIFTING GEARS AT INDIAN “I’m grateful and humbled by Carolwood LP having the confidence in me for leading Indian Motorcycle Company into the future,” says an elated Kennedy. “I am beyond excited to build on Indian Motorcycle’s current momentum and throttle it into its next chapter. Team Indian Motorcycle Company, get ready to tighten your chin strap and shift this ride into the next gear!”

As part of the go-forward plan, Carolwood has tabbed Mike Kennedy to serve as CEO of the new independent Indian Motorcycle organization once the deal closes. With more than 30-years in the industry, Kennedy has a proven track record, previously serving as CEO of RumbleOn, the nation’s largest powersports dealership group; CEO and President of Vance & Hines and 26 years at Harley-Davidson in various leadership roles.

Adam Rubin, Principal at Carolwood, adds, “Mike Kennedy brings over 30 years of experience leading iconic motorcycle and performance brands and will play a critical role in stewarding Indian Motorcycle’s growth. At Carolwood, we’re deeply committed to preserving what makes Indian Motorcycle special, supporting its growth, and empowering the team to write its next great chapter.”

The rest of the team? “As a part of the deal, approximately 900 employees will transition as a part of the new Indian Motorcycle Company. Indian Motorcycle will retain the majority of its team, including engineers and designers. Manufacturing facilities in Spirit Lake, Iowa, and Monticello, Minnesota, as well as the industrial design and technology center in Burgdorf, Switzerland, will transition to the new standalone motorcycle company. Indian Motorcycle will continue to provide sales, service, and support for dealers and customers throughout this transition. After the sale is finalized, Indian Motorcycle will operate independently of Polaris and continue selling motorcycles and parts, garments and accessories (PG&A) and providing service through its global Indian Motorcycle dealer network.

Until the transaction closes, Polaris President of On Road and International, Mike Dougherty, will continue to lead the On Road and International businesses, including Indian Motorcycle, at Polaris. Dougherty, with a distinguished nearly 28year career with Polaris, has announced his intent to retire upon the closing of the transaction.

“During his tenure with Polaris, Mike’s passionate leadership is responsible for countless contributions. As a result of his tenacity and guidance,” notes CEO Mike Speetzen. “Mike shaped our international business into what it is today… He has expanded our business outside of North America, growing revenue from under $100 million in 2000 to more than $1 billion today. He strengthened our On Road businesses, including Indian Motorcycle achieving the No. 1 market share position in the United States for mid-size cruisers last year. I want to thank Mike for his dedication to Polaris all these years. We wish him the very best in his future retirement.”

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INDIAN UPRISING!

Kennedy Confirms A Return To Racing

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ndian Motorcycle may have new ownership, but the old fire to win remains. The new Chief Executive Officer has committed to winning even before he is officially on the job! “Indian Motorcycle is entering a new era in its historic journey in 2026, and the first place we plan to prove it is on the racetrack,” proclaims incoming Indian CEO Mike Kennedy. “This partnership is a reminder of what American performance looks like when you refuse to back down.” America’s First Motorcycle Company has taken a bold first step toward the future by announcing a multiyear agreement with Vance & Hines Motorsports. This partnership combines the unparalleled history and innovation of America’s first motorcycle company with the performance and race craft expertise of the motorcycle industry’s most respected aftermarket provider, claims Kennedy. “As the leading aftermarket supplier for V-Twin performance, with nearly 50 years of innovation and racing success, Vance & Hines is the ideal partner to drive the next era of Indian Motorcycle racing, and we couldn’t be more excited to get started.” This strategic partnership brings 150 years of combined racing history and success. Indian Motorcycle was founded on racing in 1901 and forged a legacy of domination on the track that has carried the brand for more than a century. Since 1979, Vance & Hines has carved a racing legacy of its own, running successful race programs and capturing championships in roadracing, flat track and drag racing for Ducati, Suzuki, Yamaha and Harley-Davidson.

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“Indian Motorcycle is legendary. A brand built through racing, and over the past decade it’s been a fierce competitor that has pushed us to innovate both on and off the track,” adds Terry Vance, Co-Founder & Owner of Vance & Hines Motorsports. “Right out of the box, the Indian Challenger, and its liquid-cooled PowerPlus engine bring a high-performance, reliable machine that’s capable of winning every time it lines up on the grid. Having witnessed its capabilities since the inception of the class, we’re thrilled to continue the development of this dynamic platform in partnership with Indian Motorcycle, as we push for another MotoAmerica King of the Baggers championship in 2026.” The partnership commences with Vance & Hines spearheading the Indian Motorcycle-Vance & Hines factory racing program in the 2026 MotoAmerica King of the Baggers series. With an all-new Indian Motorcycle Wrecking Crew, including 2024 Champion Troy Herfoss, 2023 King of the Baggers Champion Hayden Gillim, and rising star Rocco Landers, the Indian Motorcycle-Vance & Hines factory racing team enters 2026 with a singular goal: dominating the 2026 King of the Baggers series! Since the inaugural King of the Baggers race in 2020, the Indian Challenger and Vance & Hines have combined for four of the six King of the Baggers championships. The 2026 Indian Motorcycle-Vance & Hines factory race team will receive sponsorship support from J&P Cycles, MOTUL, Progressive Insurance, Drag Specialties and Performance Finance.


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Help carry on the mission!

AMA DEALER-LEVEL MEMBER BENEFITS u Business Member ad in American Motorcyclist with current

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For more information contact Michael Kula at mkula@ama-cycle.org • (949) 466-7833 or Alex Boehm at aboehm@ama-cycle.org • (310) 662-1724


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Showtime

Powersports generates over $50 billion US dollars in consumer spending each year. An industry of this size needs an annual place to learn, network, and keep up to speed on current consumer trends. AIMExpo is that place. Open only to dealers and industry professionals, AIMExpo is North America’s powersports trade show supporting and growing the powersports industry. As a platform for brands, manufacturers and distributors to launch new products and engage with dealers, media outlets and influencers, AIMExpo provides a gathering place for powersports to engage, learn about and discuss the important issues currently facing our industry, and take part in education opportunities that drive profitability. All in one place, at one time! To help navigate the show, AIMExpo even has its own dedicated app: s23.a2zinc.net/clients/MIC/aime26/Public/Content.aspx?ID=1414 The AIMExpo Starting Line is a place where show-goers start their show experience and prepare to make the most of their time in Anaheim. The Starting Line will be home to the MIC Research Center where our Research team will be available to answer questions and talk through the data and statistics offered by MIC and our data partners. Attendees will also find an expanded New Product Central featuring just that – new products as well as the New Product Presentation stage. Also, there will be Free Coffee Fueled by Drag Specialties to help you kickstart your day.

AIMExpo’s Vehicle Showcase spotlights a curated collection of powersports machines that illustrate the industry’s evolution. Featuring standout models from leading manufacturers and brands, this display highlights unique builds designed to inspire today’s enthusiasts and tomorrow’s customers — powered by the latest innovations, parts, and technology.

A place central to everything where you can recharge, reset, network, catch up – on business, friendships, emails, voicemails, and anything else you can think of. The Dealer Tech Zone powered by Transax Digital Retail is your remote office on the show floor.

The AIMExpo Industry Party powered by Turn 14 Distribution, Inc. is an excellent forum for friends old and new after a busy day on the show floor. Powersports is a hard working industry and you deserve a night to celebrate. Peers, brands, media, and influencers from across the powersports landscape come together to celebrate the industry we all love.

CHARITY AUCTION NPA Charity Auction is back with a live fundraising event supporting Malcolm Smith Motorsports Foundation, Pediatric Brain Tumor Foundation, and Road 2 Recovery Foundation to kick off the evening. Held during the Industry Party at the AIMExpo Starting Line on Wednesday, January 7, the high-energy auction will be led by NPA in partnership with the Motorcycle Industry Council as part of AIMExpo 2026, taking place January 7-9 in Anaheim, California.

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AIMExpo GEAR AUSSIE, AUSSIE, AUSSIE! Fair dinkum! Australian-made Barkbusters have earned a reputation for being tough enough for the outback. But now they are broadening their reach to BMW riders around the globe. Introducing the new kit with LED sequential indicators. Designed specifically for the BMW R 1300 GS/ GSA (’24+) with Amber Lights in the OEM Handguards. “Two mounting points secure the full wrap around aluminum design,” says U.S. importer Brian Cornelius from Pacific Powersports. “The heat-treated aluminum backbone makes for added strength and impact protection.” Compatible with VPS, STORM, JET or CARBON guards (sold separately). Part Number: BHG-133-00-BK MSRP $276.95 “Aussie Made, Aussie Tough” Barkbusters will be at AIMExpo in Booth #1487

KYT SIGNING RACERS AT AIMEXPO KYT is heading into AIMExpo on a mission! Last year it was announcing the signing of John McGuinness, one of the biggest ever names in the 118-year history of the Isle of Man TT — The 23-time TT winner is one of those rare athletes whose popularity matches his incredible achievements, making him an ideal ambassador for the KYT brand. This year, they want you! In addition to displaying their latest race replica lids to stock in your store, KYT sponsorships for the US and Canada are being drawn up onsite! Race over to Booth #525

HIPLOK LOOKING TO LOCK UP U.S DEALERS Looking to lock up more, Hiplok will be at AIMExpo in Anaheim to meet US retailers and distributors. Co-Founder Ben Smith and International Sales Manager Stuart Bailey will be at Booth #568 throughout the show. “The use of angle grinders has changed the way we think about security,” says Smith. “Riders need solutions that keep up with today’s theft methods. We design our locks to provide the ultimate protection in realworld situations.” MD1000 sits within Hiplok’s 1000 Series anti-angle-grinder range, which includes the D1000 and DX1000 U locks and the AX1000 ground and wall anchor. All products in the range hold the highest independent security ratings and are trusted by riders worldwide for protection against theft attacks. Founded in 2009, Hiplok has built its reputation on class-leading design and innovation. The brand is well established in the UK motorcycle market and continues to expand its dealer network across North America. Don’t want to wait for AIMExpo? Check out the full range at: www.hiplok.com

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TMI HAS BEST SEATS IN THE HOUSE “Building upon the Suspension Seat SS1 introduced last year, TMI is excited to show-off the evolution of this great product, which now comes in two versions: S2 High Bolster and S2 Low Bolster, explains TMI Marketing Director Ross Berlanga. “SS2 has the best seat in the house for RZR,” he quips. In addition to the trim and interior components they have produced for decades, TMI has pushed into the exterior hard parts segments including door kits, bumpers/ pushbars, rock sliders and more. TMI Products will be at AIMExpo in Booth #1489 MALIBU DEBUT Malibu is a “beaching” new lid making its debut in Southern California. “The Malibu is a new model that we will be releasing in the spring of 26. Targeting around late March / early April,” says Brett Conley, Torc’s Brand & Marketing Manager. “It was designed with inspiration from ’80s race helmets, bridging the gap between the existing retro designs and what we think the next trend in classic style evolution can be.” Conley adds, “It has a very light weight fiberglass shell and a nicely appointed comfortable interior. It is a no frills, all business attitude option for riders of many categories of bikes from V-Twin to naked to early era sport bike customs — we are seeing that trend grow as builders are looking for something new to create. MSRP is $299.99 which puts it in a great spot vs the competition like Bell Eliminator ($399.95), Simpson Speed Bandit ($299.95), and Biltwell Lane splitter ($349.95).” Get the first look at Torc’s latest lid in Booth #2142 RABACONDA ROLLS OUT STREET TIRE CHANGER AT AIMExpo Given their dirtbike roots and the A1 Supercross, the pros at Rabaconda decided to shake things up at AIMExpo and will be demoing their Street Bike Tire Changer. The Rabaconda Street Bike Tire Changer is aimed specifically at cast wheels offering extra rim protection, but also works on wire-spoked wheels and dirt bike tires with rim locks as long as you aren’t running a mousse insert setup. “It’s adaptable to wheel sizes between 12-21”, has great ergonomics at low weight and is perfect for both single and double-sided swingarms,” explains Global Marketing Manager Jackson Halsmer. “With Rabaconda, you can swap out your own tires in no time whether you’re riding street or hitting the track. Works on V-Twin, cruiser, touring, street or adventure bikes.” Roll over to Rabaconda at AIMExpo Booth #1945 or click here: us.rabaconda.com/products/street-bike-tire-changer

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AIMExpo GEAR PROTAPER PLAYS HOST TO KING OF PARIS! With the proximity to A1 Supercross, you never know who will show up at AIMExpo… but ProTaper has the holeshot with word that factory Husqvarna rider and ProTaper athlete Malcolm Stewart will make a featured appearance with ProTaper at Booth #549. Fresh from being crowned King Of Paris, Mookie is skipping his favorite SoCal fishing holes to hang with dealers at AIMExpo. Stewart, the 2016 AMA Supercross 250 East Champion and 2026 team member of Rockstar Energy Husqvarna Factory Racing, will be at the ProTaper booth to sign autographs and meet with dealers and industry enthusiasts. Competing on his FC 450 Factory Edition, Stewart is one of the most electrifying athletes in the sport and a long-standing ProTaper athlete. This session offers an opportunity for attendees to connect with one of the stars of the Supercross circuit at the industry’s largest trade show.


S&S ROARS INTO 2026 Need 50,000 reasons to race into AIMExpo? S&S Cycle (Booth #1437) is kicking down $50,000 for NHRA and Bagger Racing League contingency in 2026. “Whether you race NHRA or BRL, S&S Cycle is backing competitors who are pushing for the win,” says VP of Marketing Howard Kelly. “We’re also introducing the S&S Racing Department, a dedicated division focused on high-performance motorcycle racing parts.” From NHRA Pro Stock Motorcycle and King of the Baggers to BRL, Bonneville, and grassroots drag racing, the S&S Racing Dept. highlights the components built for riders who demand proven performance. Dealers can expect new product launches, race-tested parts, track updates and standout components worth revisiting. Get the holeshot on 2026 contingency money and the return of S&S Racing Dept. in Booth #1437

H E L M E T S SEEKING NEW DEALER PARTNERSHIPS INDUSTRY LEADING MARGINS SHOW SPECIALS NEW DEALER INCENTIVES EXCEPTIONAL SERVICE

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(626) 581-8811 cs@hhsportsprotection.com

BOOTH 2142


AIMExpo HERE’S THE TWIST… In addition to hosting the annual industry party, and participating in a couple of dealer education sessions during AIMExpo, Turn 14 Distribution will feature several exclusive builds. The highlight being its inaugural powersports dealer giveaway vehicle! The Turn 14 Distribution x Bilstein 2025 Can-Am Maverick X3 X RS Turbo RR, along with a curated selection of custom motorcycles and UTVs, will highlight the popular Turn 14 Pavilion at AIMExpo. For those dealers who missed its debut at the Sands Sports Super Show (featured in the current issue) the race-ready X3 is worth checking out. “To transform this concept into a full-on race-ready machine, we turned to our partners at One Offroad in Tucson, Arizona,” notes Magali Tranié, VP of marketing at Turn 14 Distribution. “They are seasoned experts in the UTV segment and the ideal shop to assemble this turn-key, terrain-carving weapon.” Dealers visiting the booth will also get a first look at new tools available on www.Turn14.com, including Roadie Same-Day Delivery and the enhanced Wheels & Tires Search. Visit Turn 14 Distribution at Booth #549 to explore new dealer tools, brand showcases and exclusive giveaways. Learn more about the builds and the AIMExpo specials at: www.Turn14.com

NPA ON THE BLOCK AT AIMExpo The industry leader in powersports remarketing, National Powersport Auctions, is on the block for Anaheim. From the popular charity auction to show specials, NPA is pleased to announce its participation in AIMExpo 2026, January 7–9, 2026, at the Anaheim Convention Center. Attendees are invited to visit NPA at Booth #1005 to take advantage of special promotions, giveaways and learn more about what NPA has planned for 2026. “AIMExpo provides an unmatched opportunity to engage with the industry, explore new ideas, and better understand the evolving needs of dealers,” says Ryan Keefe, Chief Revenue Officer at NPA. “It’s a key event that supports innovation, growth, and long-term success across powersports. NPA is excited to begin the new year at AIMExpo! We’re ready to connect, collaborate, and set the pace for a strong and successful year together.” NPA Show Specials Attendees who stop by the NPA booth will have the opportunity to participate in the following promotions and giveaway: • Free NPA Membership for new dealers • Five winners will each receive up to a $350 Buy Fee Credit • One lucky winner will receive an Igloo Red Legacy 54 qt Cooler NPA Charity Auction | Wednesday, January 7 | 6:00–7:00 PM | The Starting Line “The NPA Charity Auction brings the powersports community together to support causes that make a meaningful difference, reinforcing NPA’s commitment to service beyond the auction lane,” adds Keefe. Proceeds from the auction will benefit three impactful organizations: • Road 2 Recovery – supporting injured action sports athletes on their road to recovery. • Malcolm Smith Motorsports Foundation – improving lives and education opportunities for youth in Baja, Mexico. • Pediatric Brain Tumor Foundation – funding research and family support programs for children battling brain tumors.

38


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Dealernews Research By Don Musick

IT’S A BIRD, IT’S A PLANE, IT’s…

uperman (first of many)? Commando Cody? The Rocketeer? Iron Man? The Mandalorian?

S

The brainchild of NASA engineer Francis Rogallo and his wife Gertrude, this delta-shaped glider was once considered as an alternative method to the parachutebased recovery of space capsules. Initially named the “Paraglider” by NASA, their design featured two flexible half cones which were inflated by wind and proved to be extremely stable. At the time, the plan was to land Gemini capsules on runways instead of water splashdowns.

Nope, none of the above… It was a Hang Glider! Not quite the same as the wingless heroes above, but damn if it didn’t make me feel like one of them!

However, after sinking over $165 million into the project (~$1.7 B today), it was abandoned by the mid 1960’s for the much simpler (and cheaper) method of parachute recovery over water.

40


While NASA may have 86’d the paraglider program, the simplicity of the delta wing design had also caught the attention of enthusiasts dreaming of personal flight. By substituting aluminum tubes for the inflatable spars and keel of the paraglider a rigid and inexpensive frame could be assembled. Initially, wing surfaces were covered with sheets of Mylar fastened with duct tape. This later evolved into pockets sewn into a Dacron sail with grommets and pop rivets to anchor the sail. By The early 1970’s, the new sport “hang gliding” had emerged. So named because pilots were suspended in a harness hanging from the keel below the sail. Their popularity spread quickly, and they were even featured in publications like Popular Mechanics. Early on, there were only a handful of commercial manufacturers such as Eipper Formance (19721980) and Wills Wing (1973-present) being the dominant players. However, hang gliding remained a largely do-it-yourself (DIY) sport, with resources like “The Hang Glider’s Bible” providing the necessary guidance for building your own (shown below). Published in 1977, it’s still available on Amazon today.

I caught the bug in 1974 after attending the “2nd Annual National Soaring and Hang Gliding Festival” held at the Sleeping Bear Dunes near Frankfort, Michigan. It was absolutely mesmerizing! They didn’t just glide down to the beach at the bottom of the 300’ dune, they actually soared above the dune, suspended in the air for minutes at a time! I was hooked, but since the Hang Gliders Bible had yet to be published, it meant pouring over the enthusiast magazines of the time and a lot of word of mouth. I built 2 kites (which is what they were called), the second of which is shown in the two photos above. The frame was my own construction, but the sail was a custom design that I purchased from Eipper Formance (you can see the logo on the sail). At the time, we were living in Lafayette Indiana and the closest place to fly was the Warren Dunes on Lake Michigan. So, every weekend, weather permitting, we made the trek north to spend the day flying. Learning meant lots of crashes… really, a lot of crashes! But in the end, I got the “hang” of it. I absolutely loved it! Continued on page 42

JANUARY 2026

41


Continued from page 41

However, the time frame was B.C. (Before Children), so when they entered our lives, it was time to fold up the kite for a new kind of adventure. But there was one last flight! Just before Thanksgiving, a couple of my colleagues at Purdue asked to tag along to see what hang gliding was all about. The weather was marginal (cold and windy – it was November after all) and by the time we reached the dunes it had gone completely south. The winds off Lake Michigan were gusting to about 40 mph and that made getting the kite to the top of the dune a struggle.

Normally, launching meant a quick sprint and a dive into the wind, but not this time. My buddies held the kite down with the guide wires on the wing tips and keel, and when they let go it went straight up! Quite the rush at first... but then… I couldn’t get down! The wind rushing up the face of the dune was like a freight elevator tossing the kite (and me) around like a toy. After what seemed like an eternity, there was a momentary lull, and I face-planted on the beach. One of the guys snapped the photo above… a fitting memoir to the end of my hang gliding adventure!

From his first motorcycles (a Honda S65 and an S90) when he was 16 to 50 years later, Don Musick has never stopped twisting the throttle. Although his accomplishments in the research arena have surpassed his MX career Don has over 25 years experience with major manufacturers in the Powersports and Automotive industries specializing in e-business solutions for retail distribution networks. His solution portfolio includes the development and implementation of manufacturer/ dealer extranets, consumer-direct commerce portals, manufacturer/dealer e-channel integrations as well as development of web-based sales force automation tools. For most of his career, Don has been fascinated (his wife would say obsessed) with geographic market analytics, dealer location planning and sales territory optimization. He founded Genesys Technology Solutions (GenesysTech) www.genesystech.com to develop new tools and market intelligence products to help manufacturers understand the competitive landscape of their industries, recognize opportunities and grow their businesses. A Spartan to the core, Don earned a B.S. in Physiology and PhD in Biochemistry from Michigan State University. Contact: dmusick@genesystech.com

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2026 LIVE NPA AUCTION CALENDAR More pre owned inventory and opportunities than ever before. JAN MON

TUE

5

6

WED

7

17

PHI

ATL SAN

23

24

CIN

CIN

WED

KAN POR LAK DEN

THU

1

2

CIN

LAK SAC

KAN POR

20

21

CIN

LAK DEN

27

28

29

30

6

7

6

5

CIN

ATL SAN

11

12

PHI

DAL

18

19

CIN

25

26

27

10

DAL

17

18

PHI

ATL SAN

24

25

CIN

DAL

CIN

WED

THU

CIN

LAK SAC

KAN POR

FRI

AUG

9

1 5

4

LAK SAC KAN POR

LAK SAC

LAK DEN

LAK DEN

THU

8

KAN POR

KAN POR

WED

3

PHI

TUE

TUE

ATL SAN

21

MON

DAL

MON

2

20

OCT

FRI

ATL SAN

MAY

1 CIN

THU

FRI

ATL SAN

DAL

FRI

ATL SAN

DAL

MON

TUE

WED

2

3

4

5

CIN

LAK SAC

DAL DAL

9

10

16

17

PHI

DAL

23

24

CIN

LAK DEN

30

31

THU

FRI

ATL SAN

DAL

JUN MON

TUE

WED

1

2

3

4

CIN

LAK SAC

DAL DAL

8

9

LAK DEN

DAL

22

23

CIN

LAK DEN

28

29

29

30

TUE

WED

THU

1

2

3

CIN

LAK SAC

DAL

LAK DEN

DAL

THU

4

5

6

CIN

LAK SAC

DAL

MON

7

8

ATL SAN

14

15

PHI

DAL

21

22

CIN

31

28

29

30

NOV

DEC

2

3

CIN

9

10

PHI

ATL SAN

16

17 DAL

12

13

PHI

19

20

CIN

LAK DEN

DAL

23

26

27

28

29

30

30

Download at npauctions.com/cp/NPA2026ics

NPAUCTIONS.COM | 888.292.5339

KAN POR

FRI

ATL SAN

SEP

LAK DEN

THU LAK SAC KAN POR

FRI

ATL SAN

DAL

MON 7

TUE

WED

1

CIN

8

PHI

KAN POR

FRI

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PHI

3

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ATL SAN

16

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KAN POR

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15

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MON

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MON

11

MAR

ATL SAN

DAL

THU

14 28

10

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13 27

CIN

16

PHI

TUE

5 LAK SAC

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14

MON

4

9

13

JUL

3

8

PHI

6

2

LAK SAC

20

TUE

WED

7

19

MON

TUE

2

CIN

APR

MON

ATL SAN

13 27

FRI

1 12 26

THU

FEB

KAN POR

THU

ATL SAN

FRI

ATL SAN ATL SAN

FRI

LAK SAC KAN POR

DAL ATL SAN

25

CIN

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ATL SAN

14

15

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25

26

27

21

DAL

23

24

28

29

30

31

ATL SAN

AUCTIONS BEGIN AT 9:00 AM LOCAL TIME. NPA CLOSED.


NOVEMBER ‘25 VS. AVG OF PRIOR 3 MONTHS AVERAGE WHOLESALE PRICE CHANGE

10%

8%

Year-End Industry Push

0%

www.npauctions.com/cp/npa-market-report *All data provided by National Powersport Auctions includes live and online transactions from all NPA locations. Closed OEM auction data is excluded. For more info visit NPAUCTIONS.COM.

2%

1%

1% -4%

-6%

-10%

-9%

RV / CAMPER

MARINE

PWC

SIDE X SIDE

ATV

MX

DUAL SPORT

SPORT

METRIC CRUISER

-20%

DOMESTIC CRUISER

-15%

C

M

Y

NOVEMBER ‘25 VS. NOVEMBER ‘24

CM

AVERAGE WHOLESALE PRICE CHANGE

MY

CY

CMY

10%

K

5%

5%

3%

0%

-3% -5%

-6%

RV / CAMPER

MARINE

PWC

SIDE X SIDE

-9%

ATV

-10%

0%

MX

-5%

4% 2%

1%

DUAL SPORT

As we move into the holiday season and reflect on the year, we’re grateful for your partnership and the trust you place in NPA. We look forward to 2026 with a continued commitment to delivering best-in-class service through our dedicated team and expanding network. From all of us at NPA, thank you—and we wish you a Merry Christmas, Happy Holidays, and a prosperous New Year!

1%

SPORT

Holiday Season

1%

-5%

November Market Results

November Average Wholesale Price (AWP) trends continued to follow the prior 60-days, with values in core powersport products ticking upward. Notably, on-highway motorcycles in all categories saw price increases versus the leading 90-day average, with Metric Cruisers and Sport bikes seeing the largest increase in near-term pricing. Domestic Cruisers also experienced a mild bump in seasonal AWP, up ~1% versus the prior 90 days, but fell short of year-over-year comps, declining ~5% from November of ’24. In the offroad categories, Side-By-Side pricing saw the sharpest decline of the core powersports segments, falling ~5% versus short-term and YoY comps, while AWP in the smaller volume segments, like ATV and MX, ticked up compared to the leading 90-day average. While RV and Marine pricing continued to slide in November, YoY stabilization is a promising sign that the current trajectory of AWP is aligned with seasonal trends in those segments.

5

5%

DOMESTIC CRUISER

In the powersports industry, November and December are pivotal months when dealers and OEMs work hard to chase holiday dollars, pushing with all their might to move current model-year product to make room for 2026s. Close-outs and sale events abound, as images of rebates and sales incentives dance in dealers’ heads. Despite challenging weather in many parts of the country, dealers are still seeing steady demand, lead volumes, and interest in both new and pre-owned products. Using year-end incentives and promotions to push inventory out the door, focusing on service and parts, as well as restocking fresh price points and products for the holiday season, can all help make up for any seasonal softness. While this has been a challenging year for dealers on many fronts, auction values and pre-owned demand continue to show resilience and will strengthen as we march closer to Spring.

METRIC CRUISER

NOVEMBER AWP IN REVIEW


SEPTEMBER 19-21, 2026 HILTON COLUMBUS DOWNTOWN


e

EV EVOLUTION

eBikes Take Stage At AIMExpo

ELECTRIC REBELLION BRP Charges Ahead

ZERO PULLS PLUG ON US ...Moves To Europe


CURRENTS+

electric motorcycling. Find out what your vehicle is worth: 30 seconds is all you need.” Part of its broader online vehicle valuation initiative, the campaign asks consumers to tell BRP what they are currently riding, supply some additional demographics and then the microsite automatically calculates the trade-in value of the vehicle applied to a new Can-Am in 30 seconds. Data capture from customers with an intent to buy and locking potential customers to a BRP dealer visit… Brilliant!

EV EVOLUTION AT AIMExpo

A panel of EV experts will take center stage on the aptly named “Dealer Evolution Stage” when AIMExpo electrifies the powersports industry in Anaheim. Electrification is no longer a question of “if” — it’s about “how fast,” “how far,” and “how much” suggests panel moderator Laurette Nicoll. “This is a must-attend session for dealers who want insight into where the industry is headed and how to position their businesses for the continued evolution of powersports.”

The valuations come courtesy of J.D. Power (Booth #535) on the back end are real time values for the North American market. Check out this rebellious marketing effort for yourself at: can-am.brp.com/on-road/us/en/shoppingtools/trade-in-value.html

With industry leaders like Can-Am (Booth #1859) and Stark Future at the forefront, this panel will explore the current state, future trajectory and strategic fit of electrification within the powersports landscape, with a strong emphasis on motorcycles, but also including other EV platforms. As OEMs, tech partners and dealers navigate a rapidly evolving space, this conversation aims to demystify electrification, address dealer concerns, and showcase the opportunities it presents — from new customer segments to long-term business sustainability. Presenters will include David Baker, BRP’s VP and General Manager, Powersports North America and Dan Quick, Global Media Director, Stark Future.

EM AT EICMA

Unveiling The Yamaha Shocker! After collaborating on R&D for the past year, Electric Motion and Yamaha Motor Co., Ltd. showed off their YE-01 Racing Concept at EICMA. “Exactly one year ago, Yamaha Motor announced its investment in Electric Motion, becoming a strategic partner in the development of electric-powered off-road competition motorcycles,” said Yamaha in Italy. However they were somewhat close-mouthed about tech specs for the eCrosser. “This is a prototype jointly developed by the engineers of Electric Motion and Yamaha Motor Japan. This motorcycle embodies the perfect synergy between Yamaha’s technological expertise and Electric Motion’s know-how in high-performance electric powertrains.”

ELECTRIC REBELLION!

In advance of AIMExpo, BRP (Booth #1859) busted out its “Electric Rebellion” marketing blitz for the Can-Am Pulse and Origin electric motorcycles. eCurious consumers are encouraged to “Trade In and Trade Up” to see what eMotos are all about. “Eager to switch to a motorcycle that turns heads and makes an impression? Trade in your current unit for a Can-Am Pulse or Origin and leap into the future of

48

While production dates or even baseline specs remain a mystery, the joint-venture development team claims, “The YE-01 pushes the boundaries of electric off-road riding and features numerous innovations, including a hydraulic clutch, technology already proven on EM’s trial and off-road adventure models.” That being said, EM is ready to go racing! “EM is delighted with this first tangible result of an ambitious partnership and is already looking ahead to future competitions within the framework of the upcoming MXEP Championship.” Stay tuned…


Coincidence that elimination of tax breaks and subsidies for electric vehicles in America led to the move? “The combination of our brand, our technology, and our global reach creates unparalleled opportunities,” claimed Paschel… who is not making the move to Europe (see below).

ZERO SHIFTING GEARS

ZERO ON THE MOVE?

Citing factors like “improved collaboration with key partners worldwide, Zero is shifting its headquarters from Scotts Valley, CA to Amsterdam. “The European market is the primary driver of Zero’s growth,” claimed the announcement just before EICMA. Noting that its new headquarters in The Netherlands “brings together global teams in a single, central hub at the heart of Zero’s fastest-growing EV market.” Europe has become Zero’s most important growth engine. Zero will continue to have an R&D hub presence in the U.S.,but non-engineering initiatives and departments will transfer to the new global headquarters. Zero adds its U.S. location will still support a team working on powertrains and next-generation models, maintaining the company’s technological roots in the U.S. as leadership and global operations move overseas. Production of its electric motorcycles is largely based in the Philippines already. Show me the money. Zero started with a $68 million investment from private equity firm Invus. In 2022, this was supplemented by $107 million in financial support from Polaris and Hero MotoCorp from India. By the end of 2024, Zero was seeking another $120 million . Now, another $50 million in new investment has been added to finance the move. “Zero has been leading the way in electric motorcycles for nearly two decades,” proclaimed Sam Paschel, CEO of Zero Motorcycles. “With Europe setting the pace for EV adoption, relocating key headquarters functions to the Netherlands strengthens our global operations and allows us to respond more quickly to customer needs. It’s about focus, discipline and ensuring we continue to lead the transformation of the powersports industry.”

Zero Motorcycles has announced a major leadership transition. Industry veteran Pierre-Martin Bos has been appointed as the company’s new Chief Executive Officer, succeeding Sam Paschel, who steps into a “senior advisory” role on Zero’s board after eight transformative years at the helm. Bos joins Zero with more than two decades of international experience in the automotive industry. Before his appointment, he served as Director of Purpose Built Vehicles at Kia Europe, and previously held senior roles at Stellantis, Fiat Chrysler Automobiles and Kia, overseeing strategic growth and operational excellence across Europe, Africa and Asia. “On behalf of the entire Zero Motorcycles team, I want to thank Sam for his outstanding leadership and the remarkable legacy he leaves behind,” states Bos. “Sam’s vision, passion, and commitment have transformed Zero into a global leader in electric mobility. I am honored to build upon the strong foundation Sam has created and to lead Zero into its next era of innovation and growth.” Fluent in three languages and recognized for his crosscultural leadership, Bos brings a unique global perspective to Zero’s mission. His background in innovation strategy, brand expansion and customer experience is said to align with the company’s ambition to extend its reach beyond North America and solidify its place in the rapidly electrifying mobility landscape.

JANUARY 2026

49


CURRENTS+

RAD! CHAPTER 11 FOR EBIKE OUTFIT

SHH! KEEP IT QUIET FOR NOW

“We are not giving up, claims a company spokesman. “We remain deeply committed to our customers and community, and we are focused on doing everything we can to strengthen the future of the Rad brand. We are grateful for the continued support of our riders, vendors, and retail partners as we work through this moment and toward what comes next. “However back in November Rad Power also told state officials that it would possibly lay off 64 employees in January and could shut down if additional funding is not secured.

“American Landmaster is about to soar to new levels with Whisper Carts’ resources behind it,” Hatley adds. “Our shared commitment to American-made quality and innovation will enhance Landmaster’s rugged UTVs, delivering unmatched performance and value. This is an advancement that will redefine what dealers and customers expect from the brand.”

Hidden by the holidays, Rad Power Bikes quietly filed for Chapter 11 bankruptcy protection in early December. This drastic step came in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older lithium-ion batteries that the Consumer Product Safety Commission deemed unsafe. How the mighty have fallen: As recently as October 2021 Rad was proclaimed “North America’s largest ebike maker” and announced a $154 million financing round that brought its total investment amount to $329 million since its inception in 2007. Since then the brand has had several personal liability lawsuits, layoffs, and management changes.

According to the Chapter 11 filings with the U.S. Bankruptcy Court for the Eastern District of Washington, Rad Power Bikes listed estimated assets at $32.1 million and estimated liabilities at $72.8 million. Its inventory of e-bikes, spare parts, and accessories is listed at $14,226,874.73. Top unsecured claims include: U.S. Customs and Border Protection for tariffs ($8,363,749), Bangkok Cycle Industrial Co. Ltd. ($5,353,674), Jinhua Vision Industry Co., Ltd. ($1,414,356), and Fuji-TA Fushida Group Area ($1,223,881) for trade; Commerce Insurance ($1,138,000) and Lisa Gore ($3,200,000) for subrogation; Steve Jay ($1 million) and Susan Luck ($1 million) for damages. Equity holders are founder Mike Radenbaugh (41.3%), VCVC V LLC (6.6%), Durable Capital Master Fund LP (5.8%), along with other minority holders (46.3%).

50

Whisper Carts Acquires American Landmaster UTVs Known for its electric golf carts Whisper Carts LLC announced its acquisition of UTV manufacturer American Landmaster. As part of this transformative acquisition, American Landmaster’s production will transition from Columbia City, Indiana, to Whisper’s cutting-edge Tennessee facility, unlocking superior efficiency, innovative designs, and sustainable manufacturing. “The American Landmaster brand will shine brighter than ever, supported by its dedicated network of over 200 U.S. dealers, ensuring seamless service and an upgraded product lineup that promises greater profitability and customer excitement,” proclaims Whisper Founder and CEO Dave Hatley.

Jeff Brockman, Vice President of Sales at American Landmaster UTVs, notes, “Under Dave Hatley’s leadership, we’re not just continuing our legacy—we’re advancing it. His track record of building industry-leading, affordable products gives our dealers and customers a renewed sense of confidence and opportunity. With Whisper’s technology, American Landmaster will deliver a more dynamic, business-friendly product lineup that’s built to dominate.” Hatley transformed a backyard pool and spa business into LPI, Inc., America’s largest hot tub manufacturer and the world’s second-largest retailer, with 91 locations and over 700 employees. Hatley also turned around a struggling Tennessee ski slope into the thriving Hatley Pointe resort. Now, his proven expertise and relentless innovation are set to enhance American Landmaster, delivering advanced, American-made UTVs that compete aggressively with Chinese imports while maintaining affordability and premium quality. The acquisition will close in the coming weeks, subject to regulatory approvals. Whisper is committed to a seamless transition, supporting Indiana employees with job placement and relocation opportunities. Financial terms were not disclosed.


SUPER73 co-founder Michael Cannavo says he is happy to step back into his CMO role! “When the business was in its darkest time last year, I reluctantly stepped away from marketing and into the role of interim Co-CEO with my decade-long partner, Aaron P. Wong. Neither of us aspired to that role, but the time had come where it was no longer a choice. To keep SUPER73 alive, we had to figure it out. Thankfully, we were surrounded by the incredible people and investors at SUPER73 who stood by us, even in the most awful, terrible, horrible moments (emotional breakdowns included). To those people, I owe the survival of SUPER73.

Most recently Chief Revenue Officer for The Pro’s Closet (leaders in pre-owned bicycles since 2006) and frontman for Reynolds Cycling before that, Travis Erwin says it may have been fate that brought him to SUPRER73. “I’m happy to share that I’m starting a new position as Chief Executive Officer at SUPER73, Inc.” The journey is important, but the path forward is even more exciting, he adds. “Do I share my excitement about leading the brand that Michael Cannavo and Aaron Wong built into a true movement? Or do I talk about the weight of responsibility this role brings, not as a burden but as a gift? The truth is, it’s all of that. But more than anything, what’s been on my mind is how I want to lead. There are endless metrics, KPIs, and cultural nuances that define a successful company. But I believe real success isn’t only about what you achieve; it’s about how you achieve it. And for me, that starts with empathy.”

ONYX back in the black? “We’ve been hard at work these past few months fulfilling hundreds of ONYX RCR 80V bikes and building momentum as we continue growing across the U.S. (and soon, beyond). Today, we’re excited to share one of the newest additions to our team — Ana Rand, who joins ONYX as our Social Media Strategist & Marketing Support. Ana brings a strong background in content and community building, along with a deep passion for two wheels and the thrill that comes with the ride. Her experience and creative energy will play a key role in helping us elevate the ONYX brand and connect with riders across all 50 states and around the world. Atlas falls?

“I’m proud and excited to say that not only has Travis accepted the role of CEO of SUPER73, but he’s also been promoted to the position of Michael Cannavo’s lifelong friend. The pay sucks, the hours are honestly untenable, and the benefits are nonexistent, but I’ll pregame with you before the Petersen Automotive Museum any day. Congrats, Travis! Time for me to get back to marketing!

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6 - Ivanka Trump purchases a dirt-bike for her 10-year old son, Joseph, so he can pursue his passion to become a MX star. Ivanka also starts a new “Moto Mom” clothing line for those moms out there who support their sons and daughters who want to ride off-road motorcycles. 5 - President Donald Trump recognizes the Sierra Buttes Trail Stewardship non-profit trail organization for their vision and hard work on their “Connected Communities” project to connect numerous small towns in the Sierra Nevada with a 500-mile network of multiple-use routes. 4 - Forest Service Chief, Tom Shultz, creates a new “Trail Czar” position in the agency to promote the designation of roads, trails, and areas for OHV and other outdoor recreation activities. That new Czar will spend a lot of time in the field meeting with National Forests that already have a high quality trail recreation program and, most importantly, those Forests that do not, to encourage them to get on the trail recreation train.

OHV RECREATION PREDICTIONS FOR 2026 By Don Amador

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e knows all... and tells some! The Great Donstradamus has emerged from his cabin deep in an oak savanna in a secret location in the Pacific Northwest to present his OHV and resource management predictions for 2026. Donstradamus offers insights into key topics of the day such as a new “Trail Czar”, Moto Moms, OHV Safety, Presidential recognition, Health Food, Wildfires, hybrid or all electric OHV and other issues that affect the outdoor recreation community. His predictions in ascending order for 2026 are: 10 - A statewide alliance of CA OHV groups introduce legislation to create an online E-Course OHV Safety Program to help educate new users of motorized vehicles about trail ethics, wearing safety gear, regulations, different land agencies, law enforcement, and conservation practices related to managed OHV recreation. 9 - There will be at least one participant ride a hybrid or allelectric motorcycle in the famous Oakland Motorcycle Club’s Annual SheetIron Dual Sport/ADV Ride. This is the largest DS/ ADV coastal range-based DS/ADV event on the West Coast. This event will test the bike’s range and reliability. 8 - Health experts and nutritionists within the outdoor recreation community rediscover a potent high protein diet to be used by trail enthusiasts who want to build/repair muscle, increase mental acuity, and promote a strong gut. This health program consists largely of steaks and other cuts of meat from wagyu or Angus beef raised on family-owned cattle ranches. These steaks and other cuts will be offered in select stores or can be purchased online. 7 - DOGE effort helps refocus Forest Service leadership to redirect fiscal and other resources out to local units to empower District Rangers and Forest Supervisors to increase the pace and scale of on-the-ground projects that benefit natural, cultural, and recreation programs.

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3 - CA State Parks reverses course on creating and maintaining artificial man-made vegetative islands that that can be used by skunks, raccoons, and foxes to more easily access snowy plover nesting grounds near the beach at Oceano Dunes State Vehicular Recreation Area and adopt the mechanical removal of man-made vegetation structures used at the OR Dunes National Recreation Area so as to inhibit easy access by predators to the plover nesting sites. This change in management direction could restore a significant amount of acres closed over the last 15 years by the aforementioned mitigation measures. 2 - After significant push-back against the Coyote Creek Solar Project from OHV interests, conservation groups, and Indian Tribes, the Solar Industry commits to robust stakeholder engagement during pre-scoping and formal scoping periods to avoid proposing solar projects that directly impact popular OHV recreation areas such as the CA State Parks Prairie City State Vehicular Recreation Area. 1 - National and regional motorized and non-motorized outdoor recreation groups will continue to collaborate and find common ground on a growing number of access challenges realizing there is strength in numbers. Those collaborative efforts take on even more importance as they address new problems and find solutions.

Don Amador has been in the trail advocacy and recreation management profession for 35 years. Don is President of Quiet Warrior Racing LLC. Don serves as the Western States Representative for the Motorcycle Industry Council. Don is Past President/ CEO and current board member of the Post Wildfire OHV Recovery Alliance. Don is a Co-Founder and CoreTeam member of FireScape Mendocino, a forest health collaborative that is part of the National Fire Learning Network. Don served as an AD Driver for the Forest Service North Zone Fire Cache during the 2022, 2023, and 2024 Fire Seasons. Don is a Northern California native and writes from his home in Cottonwood, CA.


Please tread lightly and travel only on routes and in areas designated open for motor vehicle use. Remember, Respected Access is Open Access.

THIS PUBLIC SERVICE ANNOUNCEMENT IS POWERED BY


Why First Contact Conversion Has Become So Important First contact conversion measures whether a shopper takes a meaningful next step during their initial interaction. That step might be requesting pricing, checking availability, booking a test ride, starting a finance application, or scheduling a visit to the dealership. For motorcycle dealerships, this metric has become critical. Riding seasons are limited in many regions, showroom traffic can fluctuate dramatically with weather and time of year and competition — both local and online — is fierce. Every missed opportunity represents lost momentum. Even if a rider is excited and engaged, hesitation or friction can quickly turn interest into abandonment. A trained chatbot helps capture that momentum. Instead of ending the conversation with a request for contact information, it guides the rider toward an action that feels natural and helpful. It asks thoughtful questions, clarifies intent and moves the conversation forward without pressure.

FIRST CONTACT! Training Chatbots To Win More Sales By David Gatti

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he motorcycle buying journey has changed in a way many dealerships are only beginning to recognize. The first interaction is no longer a walk through the showroom or a phone call to the sales desk. More often, it begins with a chatbot conversation — happening late at night, after a ride, during a lunch break at work, or while a customer is comparing models across multiple dealership websites. For many motorcycle dealerships, that first digital interaction is being wasted. Chatbots answer basic questions, request contact information and then end the conversation without moving the sale forward! The intent is there, but the execution falls short. The dealerships seeing measurable gains from chat are doing something different. They are training their chatbots to behave less like automated forms and act more like knowledgeable sales assistants. When chatbots are trained correctly, they improve firstcontact conversion rates, generate better-qualified leads, and shorten the time between interest and purchase. In a market where margins are tight, seasons are short, and competition is intense, that difference matters.

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Speed still matters, but speed alone does not convert. A fast response that lacks substance does little to inspire confidence. However, a response that demonstrates understanding, relevance and expertise creates trust. That trust is what turns curiosity into commitment. Understanding The Modern Motorcycle Buyer Motorcycle buyers do not shop the same way as conventional customers. The decision to purchase a motorcycle is personal. Riders care deeply about performance, fit, riding style, brand reputation and longterm ownership experience. Many arrive at a dealership’s website after weeks — or months — of research, already comparing models, trims, displacement and use cases. This is where many dealership chatbots fail. When a rider asks a detailed question and receives a vague or generic response, trust is lost immediately. Riders expect the same level of knowledge they would receive from an experienced salesperson or seasoned service technician. If the chatbot cannot speak confidently about the differences between models, explain why one bike might suit a particular riding style better than another, or clarify real-world ownership considerations, the conversation ends. Abruptly. Training a chatbot to convert starts with understanding how riders think and how they make decisions. A properly trained chatbot understands the dealership’s inventory, recognizes which models are comparable, and can suggest alternatives when a specific bike is unavailable. It communicates in the dealership’s voice, whether that tone emphasizes performance, adventure, value or premium craftsmanship.


Chatbots As Sales Assets, Not Just Tools Well-trained chatbots are not designed to replace motorcycle sales professionals. They are designed to make them more effective. By capturing intent, preserving conversation context and pre-qualifying buyers, chatbots allow sales teams to step into conversations already knowing what the rider is looking for. This eliminates repetitive questioning and allows sales staff to focus on building rapport and closing deals. The result is a smoother handoff, a more confident customer, and higher productivity inside the dealership.

Just as importantly, it respects the rider’s intelligence. Motorcycle buyers can quickly sense when they are being pushed toward a form instead of being helped. A trained chatbot builds credibility first, which is the foundation for conversion later. From Conversation To Conversion The most effective motorcycle sales conversations are driven by the right questions at the right time. Skilled sales professionals know how to guide a rider through the decision-making process without making it feel transactional. A trained chatbot mirrors this behavior. Instead of asking generic questions that stall the conversation, it asks purposeful questions that help narrow options and clarify intent. It helps riders think through what kind of riding they plan to do, how often they ride, what features matter most to them, and what their timeline looks like. These questions feel helpful rather than intrusive because they are directly tied to the rider’s goals. At the same time, a trained chatbot can address common objections early. Price concerns, availability questions, financing uncertainty and timing hesitation are all common reasons riders pause. When these concerns go unanswered, they often become reasons to disengage entirely. A trained chatbot explains value rather than simply quoting numbers. It clarifies how promotions or financing programs work. It sets realistic expectations about availability and next steps. By the time a human salesperson enters the conversation, many of the barriers have already been lowered. The rider is informed, confident, and ready to engage. This not only improves close rates but also creates a better experience for both the customer and the sales team.

There is also a larger competitive reality motorcycle dealerships must face. Riders are no longer relying solely on dealership websites for answers. They are increasingly asking AI-powered systems and chat-based tools which bikes to buy, which dealerships to trust, and where to get the best experience. If a dealership’s own chatbot cannot confidently answer key buying questions, those answers will come from somewhere else. Training chatbots is no longer just about improving onsite engagement. It is about protecting the dealership’s brand and influence at the moment of decision. Chatbots Are Here To Stay Chatbots are now a permanent part of the motorcycle sales funnel. When left untrained, they quietly cost opportunities and erode trust. When trained correctly, they become powerful conversion assets. Motorcycle dealerships that invest in chatbot training see higher first-contact conversion rates, betterqualified leads, shorter sales cycles and stronger customer confidence. The difference is not traffic volume, advertising spend, or brand size. It is how effectively the first conversation is handled. The dealerships that win tomorrow are not simply getting more riders to their website. They are converting more of the conversations they already have — starting at the point of first contact.

David Gatti is an industry techno-wizard dealing specifically in dealership marketing, digital trends, and Information Technology IT. He has over 30 years of experience working with powersports dealers and can be contacted at 916-214-2894 or dgatti@ignitionxd.com

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KURT CASELLI RIDE DAY

It Was The Best Of Times To Make Sense Of The Worst Of Times By Jason Gearld

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he 12th annual Kurt Caselli Ride day rocked! Returning to its roots at Glen Helen December 6, 2025 helped and the tremendous level of participation — the ride with Kurt lap saw bikes filling the entire track end-to-end — prove that Kurt’s legacy lives on. Glen Helen’s iconic track was a perfect backdrop to honor the life and legacy of legendary racer Kurt Caselli. “We’re thrilled to bring Ride Day back to Glen Helen, where so many memories with Kurt and our community were created, said Donny Emler Jr., President of The Kurt Caselli Foundation. “Glen Helen was also the site of our first event and the place where our discussions about starting a foundation in Kurt’s name began.”” The 2025 Ride Day featured open track riding, adaptive athlete sessions with MotoDemption, USMCA beginner skills classes, vendor row, food and drinks, and exciting opportunities to win through raffles and silent auctions. The fan-favorite Caselli Team Challenge Race and the heartfelt Kurt Memorial Legend Lap will once again highlight the day’s schedule. The Foundation’s afternoon presentation will include the announcement of the Spring 2026 Scholarship recipient(s) and the motorcycle giveaway winner.

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“This event is about coming together to ride, remember, and continue our mission of protecting and supporting the lives of off-road riders,” concludes Emler. All proceeds from the Kurt Caselli Ride Day benefit the Foundation’s three-part mission: Before Racing, During Racing, and After Racing (see sidebar).

MISSION STATEMENT Protecting & Supporting The Lives Of Off-Road Riders The Kurt Caselli Foundation was established in 2013 in loving memory of Kurt Caselli, who tragically died in a racing accident while leading the 2013 Baja 1000. The focus of the foundation is the safety of riders and racers in the off-road motorcycling industry. While we understand the inherent elements of danger in this industry, we aim to help minimize this danger to the best of our ability. The foundation has a three-part mission that encompasses safety precautions for riders before, during, and after a racing career. 1. Before racing, we are committed to encouraging, developing, and standardizing safety precautions that will help minimize risk outside of the rider’s control. 2. During racing, we are committed to developing, establishing, and encouraging the use of safety equipment and policies to increase the safety of the riders. 3. After racing, we are committed to providing a safety net that allows and encourages former racers to further their education and reach career goals for themselves and their families. Why Attend: • Honor and celebrate Kurt Caselli’s legacy. • Support off-road safety and education initiatives. • Ride multiple tracks and trails at Glen Helen Raceway. • Enjoy a family-friendly day of community, food, vendors, and fun. • Participate in raffles, auctions, and giveaways, including a custom-built Husqvarna FE motorcycle.

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TACO MOTO X KC66 GIVEAWAY BIKE

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s if the cause wasn’t worthy enough, or the opportunity to just go moto with hundreds of great people wasn’t enough to turn up for the KC66 Ride Day, there was swag! There was also a last chance to get in on the Husqvarna FE350 dream bike! Thanks do generous donations from around the industry and countless hours contributed by Taco Moto — tacomoto.co — this $30,000 tribute bike is the grand prize for the KC66 Foundation’s fundraising efforts. This unique Husky definitely checks all the boxes. Built by Mike Spurgin, owner of Taco Moto Co., who generously volunteered his time, labor, parts and expertise to create this one-of-a-kind machine. The result is a perfectly balanced, high-performance dual-sport that’s ready for any adventure. Taco Moto Custom Dream Bike Build Punch List Base Bike: 2025 Husqvarna FE350s FMF Q4 Muffler and Taco Moto GET ECU for crisp throttle response WP Factory triple clamps WP Pro Components: XPLOR Pro 7548 Spring Fork (retails $3599} WP Pro Components: XPLOR Pro 8950 Shock (retail $2399) Husqvarna Factory Wheel Set Rekluse CX4.0 Auto Clutch for smooth engagement on technical terrain 3.9G IMS Fuel Tank with Taco Moto Dual-Snorkel Fuel Pump System Seat Concepts XL seat for comfort on long rides Flexx Bars by Fasst Co. with ODI Rogue grips Double Take Mirrors and Taco Moto LED tidy tail/turn signals Ruby R7 Headlight with Moto Minded Bracket for exceptional visibility Dual-Sport Accessory Power Harness with Starting Capacitor and Dual Power Taps by Taco Moto Molecule full-wrap handguards and skid plate for superior protection Pro Moto Billet EVO-Air Extend Footpegs Bullet Proof Designs axle blocks, brake levers, and clutch levers STR front rotor guard and air bleeders Dirt Tricks rear sprocket and dome washer Hunt Racing rear rotor guard Warp 9 titanium rotor bolts for lightweight strength Dingo upper fork guards Acerbis Z-Mud gaiters and swing arm guards Samco hoses and Emperor radiator guards Zero profile Start/Kill switch from Heimdall Canyon Dancer tie-down loops for secure transport Taco Moto wheel bearing caps and knurled oil plug Dunlop tires with ultra heavy-duty tubes, rim locks, and wheel weights Maxima Pro Plus 4 engine oil SKDA custom graphics Giant Loop Mojave bags for that finishing touch The winner will be announced via LIVE broadcast on Wednesday, January 14, 2026 at approximately 12:00pm.

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’TIS THE SEASON By Jason Gearld

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elieving it is better to give than to receive, Yamaha celebrated the holidays by giving back to the offroad community. In addition to announcing the recipients of its Outdoor Access Initiative (Yamaha OAI) third quarter 2025 grants — awarding more than $155,000 to eight organizations across eight states — they helped SoCal landmark Perris Raceway and even treated the moto media to a night ride at the iconic MX track during the Xmas break. Bringing cheer is nothing new to Yamaha, nor is it limited to once a year. In fact, in its 18-year history, the OAI program has supported over 570 projects across 48 states, totaling more than $8,000,000 in grants awarded. Since 2008, Yamaha Outdoor Access Initiative has supported responsible access to our nation’s public lands for outdoor enthusiasts. With more than $8 million contributed to over 550 projects across the country, Yamaha has directly and indirectly supported thousands of miles of motorized recreation trails, maintained and rehabilitated riding and hunting areas, improved staging areas, supplied organizations with essential OHV safety education, built bridges over fish-bearing streams, helped children learn to ride bicycles, and partnered with

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local outdoor enthusiast communities across the country to improve access to public lands. However, what is new is the addition of motocross-specific closed courses like Perris (see sidebar). Each quarter, Yamaha accepts applications from nonprofit or tax-exempt organizations, including OHV riding and cycling clubs and associations, national, state, and local public land-use agencies, outdoor enthusiast associations, and land conservation groups with an interest in protecting, improving, expanding, and/or maintaining access for safe, responsible and sustainable public use. This quarter’s funding emphasizes critical infrastructure improvements, OHV rider safety, and environmental stewardship, along with two grants focused on water quality protection funded through a partnership with the Yamaha Rightwaters program. More importantly OAI awards are routed local dealers and marinas to have the maximum impact on the local outdoor communities. “These latest grant recipients exemplify the OHV community’s commitment to balancing recreation with responsible land stewardship,” notes Steve Nessl, Yamaha


Motorsports marketing director. “By partnering with Yamaha Rightwaters on two water-focused projects, we’re demonstrating how Yamaha’s leadership extends beyond trail access to encompass comprehensive environmental protection. These investments in infrastructure, safety education, and habitat restoration ensure sustainable outdoor recreation for generations to come.”

The Q3 2025 grant recipients and their supporting Yamaha dealerships include: Capital Trail Vehicle Association CTVA (Townsend Marine/Yamaha Rightwaters) – Hellgate Vault Toilet Project at Canyon Ferry Reservoir Central Utah Health Department (Jorgensen Powersports) – Head First: Ride Safe Central Utah Helmet Distribution Program Idaho Overland Association dba Mountain West Recreation Alliance (Dennis Dillon Powersports) – Contemporary Culture in the Grand View TMP Heritage Documentation Natural Restorations (Estenson Racing) – Tonto National Forest OHV Areas Trash & Graffiti Removal Northern Colorado Trail Riders (Tri City Cycle) – Road 514 and Deadman Hill Road Repairs Shell to Shore (Yamaha Rightwaters) – Oyster Reef Construction on Sapelo Island, GA Southern California Mountains Foundation (Yamaha Redlands) – North Shore OHV Volunteer Work Center Improvements The Nature Conservancy - Tennessee Chapter (Middlesboro Motorsports) – Tackett Creek OHV Trail System Stabilization and Expansion Want to get your dealership involved? The Yamaha OAI accepts applications year-round and awards funding quarterly, prioritizing projects that enhance safe and responsible OHV use, improve and maintain trails, and protect long-term public land access. The application deadline for Q1 2026 grants is March 31. Public land managers, riding clubs, land stewardship, and outdoor recreation organizations are encouraged to apply at YamahaOAI.com

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EXPANDING OAI TO MX

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otocross tracks face increasing operational and financial pressures,” explains Mike Ulrich OffRoad Motorcycles Sr. Communications Manager. “These pressures have already forced several tracks to close, leaving riders with fewer and fewer places to ride.” Many public lands restrict motocross bikes on public trails, placing a premium on access to private tracks for enthusiasts. “With fewer tracks available, eager riders can overwhelm the remaining tracks,” he explains. “This can lead to overuse of facilities, increasing maintenance costs, and potentially posing safety risks. These realities, plus rising operational expenses, present very real challenges to access for moto enthusiasts. After witnessing this scenario repeat itself across Southern California, Yamaha took the initiative to find ways to disrupt this troubling cycle, threatening access for our industry.” Leveraging the leadership position held by Yamaha OAI, a broader definition of access was explored to expand the program’s scope beyond the public lands hosting trails and riding areas to consider track facilities. As Yamaha OAI prioritizes projects that support customers in the environments where they use Yamaha products, evolving the program to include track support made sense. Perris Raceway Grant Opportunity: Last year, the Yamaha Outdoor Access Initiative received an application from Perris Raceway to help preserve the

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longest-operating motocross track west of the Mississippi, and a landmark of the Southern California Motocross industry. For generations, it has provided a competitive, family-friendly, and accessible place for riders to practice, race, build community, and share their love for the sport of motocross. The grant provides Perris Raceway with critical funds to support facility and maintenance projects to improve safety and security for riders and staff, including updated perimeter fencing, structural repairs, signage and pole pads. By supporting improvements to the track’s safety and security, this grant also mitigates risks that historically challenged the track’s viability. All grant applicants are required to submit a letter of recommendation from a local Yamaha Dealer. Former Yamaha motocross champion and owner of Langston Motorsports, Grant Langston, submitted an enthusiastic letter expressing the importance of Perris Raceway’s role in the local community and its impact on the past and future of SoCal motocross. This event highlights the tangible improvements Perris Raceway has made with its OAI grant award and highlights the important role of motocross tracks, both here in Southern California and throughout the United States, in maintaining safe and responsible access for motocross enthusiasts.

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Justin’s racing, and then on building Coffman Outdoors, (a mower and tractor dealership that’s about to become much more!). So he has not done any serious racing in at least as long as me. Sure, I could harp on the, “what were we thinking,” aspect of this, but what’s the point? We’re in it now; and for better or worse, we’re going racing again! Maybe... This first month has not been without challenges. There’s a whole documentary series, (find it linked at our website: 2ogracing.com), that is following the journey of Mark and I through this craziness. There is also an official DBA for 2OG is Two Old Guys, by the way… a little company that we set up to handle all of this insanity. Two Old Guys Racing, LLC. Cool name, eh? Anyway, not only are we racing the Missouri State Motocross Championship Series, but to meet Mark’s desires, we’re also going to try to qualify for the MXSportsMonster Energy AMA Amateur Motocross National Championship, (we can agree to just call it “Loretta Lynn’s,” like we always have, right?), in the one class that ain’t decidedly “amateur.” Go to MXSports’ site for Loretta Lynn’s and look up the previous year’s results for this class. You’ll see what I mean.

IF NOT NOW, WHEN? A Month In By William Douglas Little; Two Old Guys Racing, LLC

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ell, it’s been a month since my buddy Mark Coffman and I decided to return to the sport of our youth… motocross! It also appears we have reached the point of no return with a column in Dealernews under our belts and tickets booked for AIMExpo in Anaheim. Time flies when the clock is ticking... Speaking of old Father Time, I’m 54 and Mark is 60, (he’ll be crossing the threshold to 61 in March), and I haven’t raced since last competing in the Missouri State Series in 2001. Well, there was that 2005 Pit Bike Race in Oklahoma, where I got to race in the “Clydesdale Class,” (a class exclusive to us big guys), but I can’t count that. Or can I? While Mark raced that same Pit Bike race with me and Jimmy Gaddis, (yep, 125W Supercross Champ and 2-time Arenacross Champ… THAT Jimmy Gaddis) we raced as a ragtag, makeshift “team” in the loosest possible terms. Mark has managed to hit an Arenacross and sneak in a few motos here and there in the last 3 decades, but his efforts had been focused on supporting his son

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So, in for a dime, in for a dollar, why not? This just means that, not only do we have to become as fast as we were at 18, we’ve got to be faster than we’ve ever been. In better shape than we’ve ever been. And, we have to do it all with GoPros strapped to us, tripod mounted cameras aimed at us and drones chasing our every move. Believe me, it’s a challenge. I can’t just go to my gym and workout… I now have to set up stuff and think about camera angles and lighting and, oh, did I put all of the batteries in chargers last night? Until now, the hardest thing I’ve had to do before throwing a leg over my bike was wrestle my gear on! (And believe me, I was getting very winded from that!) Now, I’ve got to mount cameras to my helmet, my chest and my front fender. I have to set up tripod cameras along the track, then mount a beacon on my handlebars for the drone to follow… and that’s “if” the batteries are charged! Batteries are quickly becoming the bane of my existence. Both the camera batteries and my own … I’m not finding the energy of my youth just yet! Of course, there’s the whole, getting into shape aspect of this venture. Jogging isn’t my friend right now. I’m still too heavy and my knees aren’t playing well. In fact, if you see me run by, you’d better run too. It means that there’s something bigger than I am chasing me and I obviously felt that shooting it wouldn’t stop it! Eating right is another challenge. I’ll be painfully honest here, I’m failing at this. Failing to the point that I’ve begun calling McDonald’s Cheeseburgers “salads” when Mark asks what I ate for lunch! I know. I’m ashamed. I like greasy, nasty food and I have to stop. For a guy named


“Will,” I have little-to-no willpower, which is weird. And, of course, the weather hasn’t been favorable. We’ve got a layout in mind for a huge outdoor practice track, to which I’m devoting 37 acres of my farm. But, in typical Missouri fashion, we’ve gone from drought to warm rain, to snow, to a week of blistering cold, and now — as I write this two days before Christmas — it’s sunny and nearly 70 degrees. Not good track-building weather. But we’re plugging away, nonetheless. And to you, the person reading this and watching the documentary and either needing inspiration to get back on a bike yourself, or simply wanting the chance to live vicariously through a couple of aging underdogs, I make you this promise… I will find that willpower and I will get my fat butt running for reasons other than survival. I’ll get the track built and I’ll consistently get on the bike and practice. And I’ll make sure that I charge batteries every night, (all 64 of them!), so that there’ll be footage of everything for you to marvel at, be inspired by, or, (most likely), make fun of! Because when it boils down to it, we’re all in this thing together. We’re a team and there’s no way I want to be the weak link! Oh yeah, there is the whole making Mark’s dealership a powersports store... but you already know how hard that is if you are reading Dealernews! Now, if you’ll excuse me, I’m going to eat a salad.

EDITOR’S NOTE: Once and future Top 100 Dealer Bill Little is back in the saddle, both as a dealer and a racer. Given his perspective on the industry and unique skill set (think Mayhem from the insurance commercials), coinciding with midlife crisis and ill-advised goal of making the field at Loretta Lynn’s while going back to work in a dealership we decided to chronicle the misadventures of www.2OGRacing.com (Two Old Guys Racing) and their quest for the holy grail... What could possibly go wrong?

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VALE NORM MCDONALD

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he American Motorcyclist Association offers its sincere condolences to the family and friends of AMA Motorcycle Hall of Famer Norm McDonald, who passed away on Sept. 25 at 93 years old. McDonald’s impact on motorcycling was vast, as he enjoyed success as a racer, tuner and businessman within the industry. Despite growing up with a love for speed, McDonald’s parents would not allow him to own a motorcycle — so he filled that void with hot rods and drag racing until he finally purchased a bike when he turned 17. After a brief stint in the Navy from 1952-’55, McDonald’s love for motorcycling only grew, and he purchased his second bike and began his racing career shortly after. In 1957, McDonald, along with fellow AMA Motorcycle Hall of Famer Ken Johnson, opened K&N Motorcycles in Loma Linda, Calif., as a service shop, with Johnson working during the days and McDonald working at night. The shop would also help springboard the future of another Hall of Famer, Malcolm Smith, who started working there at 17 years old. Eight years after opening K&N Motorcycles, McDonald and Johnson formed K&N Engineering, where they developed handlebars, fenders, fork braces and the revolutionary K&N Air Filter, which was used across

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virtually every form of motorcycle racing. During this time, McDonald sponsored a wide range of racers, including his sons Phil and Sam, grandson Tyler, and son-in-law Ted Boody, among others. McDonald relocated to Tulsa, Oklahoma., in 1971, and split the K&N business with Johnson, focusing solely on the dealership side of things. Soon after, McDonald opened dealerships in Tulsa and Wichita, Kansas. McDonald was inducted into the AMA Motorcycle Hall of Fame in 2013.


Norm congratulated me and Floyd after the race and now we had some new friends at Ascot. As it turned out, Freddie Edwards and I, and also John Hateley, would battle for Novice class wins every Friday night all that year with each of us winning about 1/3rd of the Novice Mains. In the final Ascot season points, Freddie edged me out and they did take top Ascot Novice points, just like Mashburn had done the year before. The Emde and McDonald families became very close friends forever after and I always enjoyed seeing Norm and his dear wife Lucy, and their boys who were all racing or involved running the K&N dealership after they moved to Oklahoma. In 2017, the Trailblazers honored Norm with an induction to our Hall of Fame. Here is a copy of the story we ran in the event program. As you will read, he had an amazing motorcycling life. Godspeed old friend: 2017 Trailblazers Hall of Fame Inductee Norm McDonald

GODSPEED NORM By Don Emde

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s he does too often these days, Father Time paid us a visit on Thursday to take another longtime friend of mine and many in the motorcycle sport and industry. Norm McDonald passed away at age 93. My relationship with Norm (the “N” in K&N) and his business partner Ken Johnson (the “K”) began in 1969 on the first night of my professional racing career at Ascot Park. I didn’t really know anybody yet, but I was there with my father Floyd and the shiny new Suzuki X-6 flat tracker in a Sonic Weld frame that he built for me to race in the Novice class. Norm and Ken were there with a Yamaha TD1-powered race bike and I’d say they were the prerace favorite with #101R Freddie Edwards as their rider. Yamaha had the top Novice the year before with Keith Mashburn on the 101R Yamaha and it seemed K&N planned to continue that success. We had a little surprise for them that night after getting through a couple of rounds of Heat races. I was finally getting the hang of riding that speedy X-6 with no brakes and was running third in the Main event behind Edwards and a rider named Rick Talbot on a Harley Sprint. They were having a good battle between themselves, but on the last lap they left me some room to get by as we went down the back stretch and I passed them both and went on take the opening night victory.

Norm McDonald was born on October 20, 1932 in San Bernardino, California. Even as a youngster, Norm loved motorcycles and always wanted one, but his parents wouldn’t allow it. So Norm mowed lawns, sold scrap metal and saved his money. He had enough to buy his first motorcycle when he was 17, but kept it hidden at a friend’s house. Needless to say, Norm was hooked on motorcycles from then onward. After graduating from high school, Norm served his country in the U.S. Navy from 1952 to 1955. When he returned, he married Louise (Lucy) West, and started racing motorcycles and raising a family. He earned a living for his growing family as a surveyor for San Bernardino County. He began racing in 1956 at De Anza Raceway and was soon riding every event he could in southern California from Ascot to Perris and Acton to Bakersfield. He drag raced at Fontana Raceway and Road Raced at Riverside and Las Vegas. He rode TT’s and desert races as well as major off-road events like B-to-V, Big Bear and the Tecate Enduro. He loved everything about the sport from racing to building the bikes. In 1957 Norm met Ken Johnson and together they opened their first motorcycle shop, K&N Motorcycles in Loma Linda, California. The first K&N was primarily a service shop, with Ken working days and Norm (who kept his job as a surveyor during the day) working nights. “We opened with $200 and three used motorcycles,” Norm remembers. “We took on Indian, which was Royal Enfield at the time, and in 1958, we took on Yamaha.” K&N was only the fourth dealer in the USA to be signed as a Yamaha dealership and is now the longest running Yamaha franchise in the United States. Through the years Norm owned other franchises including BSA, CZ, Hodaka, Tohatsu, Marusho, Greeves and Harley Davidson. Continued on page 69

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As shop owners, Ken and Norm also happened to give a job to a 17-year-old kid who would make a name for himself in motorcycling: Malcolm Smith. “I knew him since he was a kid,” Ken says. “We watched him ride in the fields, and were impressed, and when we opened up the shop, I asked if he wanted to work for me.” Malcolm was one of the first of hundreds of riders who would eventually be sponsored by K&N. In 1965, Ken and Norm formed K&N Engineering, focusing on a line of handlebars, fenders and fork braces. The next year, the K&N Air Filter was introduced and within five years the revolutionary filters could be found in virtually every form of racing. Norm loved to race and he also loved to help other racers. Besides his sons: Phil McDonald (1973 Daytona 100-mile Junior Champion and Top Junior in the nation); Sam McDonald (1982 250cc National Champion and 1984 second-place Superbike Championship); son-inlaw, Ted Boody and grandson Tyler McDonald, Norm sponsored hundreds of others with more than 30 of them going on to compete on the national level. For decades, the sight of the K&N log on a racer’s leathers meant that rider was a contender and potential champion. By 1971, Norm decided to relocate. Ken opted to keep K&N Engineering, and Norm kept the dealership side of things and moved to Tulsa, Oklahoma, opening up dealerships in Tulsa and Wichita, Kansas. ‘That was

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the best decision I ever made,’ Norm says. ‘I’ve always loved motorcycles and motorcycle people. I know the air cleaner thing is a multi-million business today, but if you’re not happy with what you’re doing, why do it? Motorcycling is not a get-rich thing, but it’s made a living for all our families and kept us together.’ Now in his 80’s, Norm is far from retired and stays active in the industry. Along with wife Lucy he started the Motorcyclists against Cancer (MAC) Rally which has raised over $300,000 for cancer research. He also runs an MSF certified training school, promotes local street rides as well as the Oklahoma Gold Rush, the state’s premier off-road racing event. The Trailblazers proudly welcome Norm McDonald to the Hall of Fame.


AIMExpo...............................................................................32 All Balls Racing Group.......................................................13 American Motorcyclist Association (AMA).....................31 Bobcat.................................................................................... 3 Bridgestone Tires................................................................. 9 David Gatti AI......................................................................46 Denago Powersports........................................................... 2 Emde Books Flying Floyd.............................................CVR4 EuroGrip Tires.....................................................................21 Hector Cademartori...........................................................69 Hiplok...................................................................................39 Kayo USA............................................................................... 7

KYMCO..................................................................................24 KYT........................................................................................11 National Powersport Auctions (NPA).............................43 National Powersports Dealer Association (NPDA)..............45 Rabaconda...........................................................................36 TEXA USA.............................................................................25 TMI Products.......................................................................39 TORC.....................................................................................37 Tread Lightly.......................................................................53 Turn 14 Distribution..........................................................17 WPS/Fly Racing.................................................................15 .

Shameless Plug – For the most up to date dealer news, check on the news feed at Dealernews.com, be sure to like us on Facebook and click on Dealernews’ monthly digital editions: www.dealernews.com

JANUARY 2026

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The Cost Of “Visibility” For years, dealers were told that visibility meant paying more, more listings, more packages, more upgrades. In many cases, dealer-funded marketplaces became dependent on search dominance rather than dealer success. Dealers paid into the platform, the platform overpaid Google for SEO dominance, and when traffic came back, dealers paid again to be seen. It wasn’t marketing. It was circular billing. And the smaller the business, the harder it hit. When The Playing Field Tilts... As large dealer groups grew, small and independent shops quietly disappeared. Not because they lacked quality or passion but because the system rewarded size over substance. When visibility is tied to spending power, pricing loses integrity and consumers lose trust. A healthy industry depends on balance. When dealers keep more of their profits, consumers benefit from fair pricing, better service, and long-term relationships, the kind that bring people back.

WHY CYCLES WORLDWIDE WAS BUILT By Sergey Tokman

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or more than two decades, I lived inside the powersports industry, not as an observer, but as someone fully invested in its survival. I ran a custom motorcycle shop with sales, service, repair and full custom builds. I paid the invoices. I managed the staff. I lived with the pressure of slow months and the constant strain of keeping passion alive while costs continued to climb. There were many sleepless nights. I maxed out credit cards to make sure my team was paid, the rent was covered, and the lights stayed on. I worried about the mortgage. I worried about whether my son could play sports or take part in activities that required money to belong. I missed vacations with my wife. I passed on special moments and getaways, always afraid of not being present or missing a financial opportunity that could keep my small business afloat. Cycles Worldwide didn’t start as an idea. It started as a realization!

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At the same time, platforms like Amazon and Facebook began controlling how businesses survive. Algorithms decide who gets seen. Rules change without warning. Costs rise while control disappears... We’ve seen this pattern before. When power concentrates, independence fades. I didn’t want to watch the powersports industry head down the same road. Building Something Different Cycles Worldwide was built to create an even playing field for every size business. No listing fees. No contracts. No pay-to-play positioning. No algorithms deciding who deserves attention. Big dealerships and one-man shops stand side by side. Dealers, builders, shops, and private sellers all operate on equal ground. Not because it’s disruptive, but because it’s fair. My business partner, Ben Bailey, serves as CTO and leads the technical execution that brings Cycles Worldwide to life. His ability to translate vision into a scalable, functional platform is foundational to everything we’re building. The vision behind it all came from decades spent inside the industry, watching passionate, well-run businesses struggle under systems stacked against them from the start. A Personal Decision I walked away from a high six-figure career in 2001 to start a small business called Nice Ride Inc., long before Cycles Worldwide ever existed. I haven’t made that


kind of money since... and that’s okay. Some things are bigger than income. Motorcycles gave me freedom. This industry gave me purpose and a reason to smile every day when I opened the doors to my shop. Cycles Worldwide is the evolution of that journey, my way of giving something back, not to one business, but to the entire powersports industry. Where This Is Headed In the next two years, I believe most powersports businesses will be operating in one place, Cycles Worldwide. Not because anyone is forced to be there, but because it will finally allow businesses to keep their profits, control their visibility, and grow without being penalized for their size. When that happens, consumers win too through better value, fairer pricing, and a healthier industry built on trust, transparency and community. Built for the Industry... Cycles Worldwide wasn’t built for shareholders or gatekeepers. It was built for the people who keep this industry alive, dealers, builders, independent shops, riders, and the community that surrounds them.

This platform exists to protect the passion, independence, and future of powersports to give businesses a fair place to operate and consumers confidence that they’re seeing real value, honest pricing, and trustworthy sellers, not results shaped by a few dominant players or bad actors. The Future We’re Building I appreciate you taking the time to read this, and I hope it helps you better understand the future I see for this industry: one place, under one roof, built to give back and ensure that dealers, small businesses, sellers, and most importantly, riders and consumers feel confident, supported and valued. That’s why Cycles Worldwide was built. Unite. Ride. Belong. Sergey Tokman Founder, Cycles Worldwide sergey@cyclesworldwide.com

There is nothing to sell here. No gimmicks. No misleading promises. No contracts. No pressure. You’re welcome to join now, or join when the time feels right. Just know this: we are stronger together.

ABOUT CYCLES WORLDWIDE Driven by passion for motorcycles, our mission is to establish a global community that embraces diversity, encourages unity, and empowers small businesses to succeed in a global marketplace. Welcome to Cycles Worldwide, a platform shaped by real world experience and a deep respect for the powersports community. At the core of our journey is One Gang, a global community rooted in the belief that motorcycles connect people beyond borders, backgrounds, and business size. One Gang represents unity, inclusion, and the shared passion that keeps this industry alive. Built by industry insiders who understand the challenges of operating a motorcycle business, Cycles Worldwide exists to support independent dealers, small shops, builders, and individual sellers by providing a professional marketplace that is always free to list and sell. Our platform is more than classified listings, it’s a trusted, user-friendly environment designed to simplify buying and selling while preserving integrity, transparency, and value for both businesses and consumers. At Cycles Worldwide, every listing, conversation, and connection contributes to a stronger, more sustainable powersports industry, one built on trust, community, and shared success. cyclesworldwide.com

JANUARY 2026

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Flying Floyd The Motorcycling Life of Floyd Emde

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lying Floyd. The Motorcycling Life of Floyd Emde, written and published by Don Emde, tells the story of his father, Floyd Emde’s legendary years in motorcycle racing, multiple dealerships and building race bikes for his three sons and a daughter. Those familiar with the “Harley and Indian Wars” of the 1940s will enjoy the week-to-week coverage back in Floyd’s racing years including his personal written notes after every race, plus his wife Florence’s handwritten results in many souvenir programs.

• Floyd Emde’s forty years as a pro racer, dealership owner, and race bike builder • Floyd and Florence’s personal race notes, original programs and other period materials • 1,000+ images taken by Bob Magill, Shorty Campbell and other top photographers • 420-page hardbound book

Sample 2-page spread

CLICK HERE TO ORDER YOUR COPY AT:

EmdeBooks.com

List price: $80.00 + postage

$10 U.S. Media Mail / $50 Canada / $75 International – All books signed by the author – An imprint of Don Emde Inc.

For more information, contact: donemde@me.com Copyright © 2025 Don Emde, Inc. All Rights Reserved. | PO Box 6118, Laguna Niguel, CA 92607 USA


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