Off-road vehicles

Amphibious Vehicle Market to Reach $5.02 Bn, Globally, by 2027 at 8.5% CAGR: Allied Market Research

Retrieved on: 
Monday, March 1, 2021

According to the report,the global amphibious vehicle industry generated $2.70 billion in 2019, and is expected to garner $5.02 billion by 2027, witnessing a CAGR of 8.5% from 2020 to 2027.

Key Points: 
  • According to the report,the global amphibious vehicle industry generated $2.70 billion in 2019, and is expected to garner $5.02 billion by 2027, witnessing a CAGR of 8.5% from 2020 to 2027.
  • Surge in investment in the defense sector to increase adoption and demand in commercial applications drive the growth of the global amphibious vehicle market.
  • However, high initial investment and rise in operational costs along with seasonal serviceability hinder the market growth.
  • On the other hand, usage of advanced amphibious vehicles (ACV) in marine applications and demand for amphibious excavators for dredging and excavation present new opportunities in the coming years.

Jeep® Announces Starting Prices for the All-new 2021 Grand Cherokee L Lineup

Retrieved on: 
Friday, February 26, 2021

Built at the new Detroit Assembly Complex Mack Plant, the 2021 Jeep Grand Cherokee L is scheduled to start arriving in Jeep dealerships in the second quarter of 2021.

Key Points: 
  • Built at the new Detroit Assembly Complex Mack Plant, the 2021 Jeep Grand Cherokee L is scheduled to start arriving in Jeep dealerships in the second quarter of 2021.
  • The state-of-the-art 2021 Jeep Grand Cherokee L is designed inside and out to deliver unmatched capability and composed driving dynamics.
  • The all-new 2021 Jeep Grand Cherokee L offers buyers a choice of two powerful, fuel-efficient and refined engines with proven performance for any driving situation.
  • The all-new Uconnect 5 system, standard across the 2021 Grand Cherokee lineup, includes a 10.1-inch digital display and intuitive user experience.

New Doors Open for Jeep® Wrangler; Jeep Performance Parts Teams With Mopar to Introduce Dual-Door Group That Includes New Half Doors to Further Enhance Open-air Experience

Retrieved on: 
Thursday, February 25, 2021

"The open-air freedom of driving the Jeep Wrangler is a one-of-a-kind experience," said Jim Morrison, Vice President, Jeep Brand North America.

Key Points: 
  • "The open-air freedom of driving the Jeep Wrangler is a one-of-a-kind experience," said Jim Morrison, Vice President, Jeep Brand North America.
  • "With the addition of new factory-engineered half doors for the legendary Jeep Wrangler, we continue to expand our comprehensive off-road catalog."
  • Engineered, tested and backed by the factory, the new half-door option enhances the Jeep Wrangler driving experience with production styling, security and occupant protection.
  • Full-steel production doors are installed on the vehicle while matching body-color half doors are conveniently packaged within the vehicle.

Polaris RZR Factory Racing Prevails at the Parker 250

Retrieved on: 
Wednesday, February 24, 2021

The RZR Factory Racing team successfully showcased why they are the most winning brand in UTV racing at the 2021 Parker 250, the first round of the Best In The Desert series, in Parker, Ariz., by winning the stacked UTV Turbo class, as well as the UTV field overall.

Key Points: 
  • The RZR Factory Racing team successfully showcased why they are the most winning brand in UTV racing at the 2021 Parker 250, the first round of the Best In The Desert series, in Parker, Ariz., by winning the stacked UTV Turbo class, as well as the UTV field overall.
  • View the full release here: https://www.businesswire.com/news/home/20210224005380/en/
    The Parker 250 was a race we wont forget for a while, said Brett Carpenter, Manager of RZR Factory Racing.
  • Team RZR showed up eager to get the season started and we came away with a big win.
  • Polaris RZR Factory Racing will be back in action at round one of the TexPlex Racing Series, held at TexPlex Park in Midlothian, Texas on March 6.

Jeep® Brand Announces Launch Edition Pricing for Well-equipped 2021 Jeep Wrangler Rubicon 392 - the Quickest, Most Powerful Wrangler Yet

Retrieved on: 
Wednesday, February 24, 2021

"Our Jeep enthusiasts asked us for a Wrangler powered by a V-8 engine, and we listened.

Key Points: 
  • "Our Jeep enthusiasts asked us for a Wrangler powered by a V-8 engine, and we listened.
  • The result is the quickest and most powerful Jeep Wrangler yet, loaded with standard off-road performance features that make this Jeep Wrangler incredibly capable of covering the most rugged terrain," said Jim Morrison, Vice President, Jeep Brand North America.
  • "This new Jeep Wrangler Rubicon 392 broadens the meaning of Jeep Wrangler 4x4 capability and gives off-road enthusiasts something they can't get anywhere else backed by the factory: V-8 performance and a 0-60 time of 4.5 seconds."
  • The well-equipped Wrangler Rubicon 392 launch edition is also loaded with features that include:

SPOT Announces Partnership with Jeep® Jamboree USA

Retrieved on: 
Wednesday, February 24, 2021

The Jeep Jamboree is the premiere event for adventure seeking Jeep owners, said Dave Kagan, CEO of Globalstar.

Key Points: 
  • The Jeep Jamboree is the premiere event for adventure seeking Jeep owners, said Dave Kagan, CEO of Globalstar.
  • "Many Jeep Jamboree events occur in areas that are remote, and connectivity is sometimes problematic, said Pearse Umlauf, President and CEO of Jeep Jamboree.
  • SPOT will have an on-site presence at numerous Jeep Jamboree USA events throughout the year and additionally will provide trail guides with SPOT Jeep Edition GPS Satellite Messengers for use.
  • The partnership with Jeep Jamboree USA follows the launch of the SPOT X and Gen4 Jeep Editions, and the earlier announced licensing deal with the Jeep brand.

USPS SELECTS OSHKOSH DEFENSE FOR NEXT GENERATION DELIVERY VEHICLE FLEET

Retrieved on: 
Tuesday, February 23, 2021

Postal Service (USPS) announced today that it has awarded Oshkosh Defense, a wholly owned subsidiary of Oshkosh Corporation (NYSE: OSK), an indefinite delivery, indefinite quantity (IDIQ) contract to produce the Next Generation Delivery Vehicle (NGDV), the USPSs first large-scale fleet procurement in three decades.

Key Points: 
  • Postal Service (USPS) announced today that it has awarded Oshkosh Defense, a wholly owned subsidiary of Oshkosh Corporation (NYSE: OSK), an indefinite delivery, indefinite quantity (IDIQ) contract to produce the Next Generation Delivery Vehicle (NGDV), the USPSs first large-scale fleet procurement in three decades.
  • Oshkosh Defense will manufacture both zero emission battery electric vehicles (BEV) and fuel-efficient low-emission internal combustion engine vehicles (ICE), upgrading the USPS fleet to be increasingly sustainable.
  • Under the contract announced today, the USPS has committed to pay Oshkosh Defense $482 million to initiate engineering efforts to finalize the production vehicle design, and for tooling and factory build-out activities that are necessary prior to vehicle production.
  • Oshkosh products can be found in more than 150 countries under the brands of JLG, Pierce, Oshkosh Defense, McNeilus, IMT, Frontline, Jerr-Dan, Oshkosh Airport Products, Pratt Miller, and London.

BRP Introduces Lynx Snowmobiles to North America; Aims to Build a New Breed of Nordic-Style Riders Willing to Take On the Unknown

Retrieved on: 
Wednesday, February 17, 2021

Built for advanced riders, the Lynx brand of snowmobiles brings Nordic sledding heritage and an entirely new and exhilarating riding style to North America.

Key Points: 
  • Built for advanced riders, the Lynx brand of snowmobiles brings Nordic sledding heritage and an entirely new and exhilarating riding style to North America.
  • BRP 2021
    VALCOURT, QC, Feb. 17, 2021 /PRNewswire/ - BRP (TSX: DOO) (NASDAQ: DOOO) is now exporting Lynx snowmobiles, its best-selling European snowmobile brand, to North America.
  • Initially, BRP is bringing two high-end Lynx snowmobile models to North America, the Lynx RAVE RE, built to enhance the thrill of trail riding, and the Lynx Boondocker DS, made to conquer the deep snow.
  • Each of the models is for experienced, passionate riders looking for a totally new and exhilarating on-snow experience.

Jeep® Brand Launches New Digital Video 'The Road Ahead' Commencing the Next 80 Years of the Iconic Brand

Retrieved on: 
Monday, February 8, 2021

The Jeep brand continues on its path of adventure with the launch of a new :84 digital video " The Road Ahead ."

Key Points: 
  • The Jeep brand continues on its path of adventure with the launch of a new :84 digital video " The Road Ahead ."
  • The video provides a connection between the 2021 Super Bowl Jeep campaign " The Middle " and Jeep.com/the-road-ahead , celebrating 80 years of the iconic Jeep brand and showcasing how it continues to blaze trails into the next 80 years.
  • "All Jeep models will carry an electrified option in the next few years and will take green and 4x4 technology to the next level."
  • Jeep.com/the-road-ahead also will serve as a platform that highlights the vision of the future for the Jeep brand.

VivoPower Secures 100% Ownership of Tembo e-LV B.V.

Retrieved on: 
Tuesday, February 2, 2021

VivoPower previously acquired 51% of Tembo in October 2020 and recently announced a landmark distribution deal with its partner, GB Auto Group ("GB Auto") in Australia.

Key Points: 
  • VivoPower previously acquired 51% of Tembo in October 2020 and recently announced a landmark distribution deal with its partner, GB Auto Group ("GB Auto") in Australia.
  • VivoPower intends to invest up to an additional US$10.9 million into Tembo, in a staged manner based on Tembo attaining quarterly commercial milestones.
  • Existing Tembo management received US$2.2 million and 15,793 VivoPower shares for their residual post money shareholding, with VivoPower now owning 100% of Tembo's share capital.
  • GB Auto is now Australia's exclusive distributor of the Tembo electric Toyota Land Cruiser, electric Toyota Hilux, and Tembo electric vehicle conversion kits.