Motorcycles

Laser Photonics’ CleanTech Simplifies Gas Tank Cleaning in Motorcycle Repair & Restoration

Retrieved on: 
星期四, 三月 28, 2024

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its CleanTech laser systems in the motorcycle repair and restoration field.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its CleanTech laser systems in the motorcycle repair and restoration field.
  • “Professionals in the motorcycle repair and restoration space have greatly benefited from using our laser cleaning technology.
  • LPC’s laser cleaning technology sees multiple applications in motorcycle repair and restoration.
  • These capabilities make LPC’s CleanTech the preferred choice in motorcycle manufacturing, as well as in the repair and restoration sectors.

LiveWire® Announces All-New S2 Mulholland™ Electric Performance Cruiser

Retrieved on: 
星期四, 三月 21, 2024

As LiveWire’s performance cruiser, S2 Mulholland's design departs from traditional internal combustion motorcycles in the cruiser category—which typically celebrate the gas tank—as the electric S2 platform provided the design team with the opportunity to create a new profile and experience that prominently displays both the brake lines and wiring harness, creating a stronger connection between the human interface of the rider and motorcycle.

Key Points: 
  • As LiveWire’s performance cruiser, S2 Mulholland's design departs from traditional internal combustion motorcycles in the cruiser category—which typically celebrate the gas tank—as the electric S2 platform provided the design team with the opportunity to create a new profile and experience that prominently displays both the brake lines and wiring harness, creating a stronger connection between the human interface of the rider and motorcycle.
  • S2 Mulholland is based on LiveWire’s S2 platform, and the riding characteristics of the motorcycle demonstrate the same level of performance established with S2 Del Mar.
  • While S2 Mulholland utilizes the same S2 platform, the riding experience has been reshaped by the rider triangle and updated standard equipment which diverges dramatically from Del Mar.
  • The introduction of the new electric performance cruiser, S2 Mulholland, will be limited to the U.S. and Canada for 2024, with deliveries for additional markets currently planned for 2025.

RumbleOn Reports Fourth Quarter and Full Year 2023 Financial Results & Presents Vision 2026 Strategic Plan

Retrieved on: 
星期四, 三月 14, 2024

Total Revenue was $311.1 million for the fourth quarter, down 6.2% from the prior year fourth quarter.

Key Points: 
  • Total Revenue was $311.1 million for the fourth quarter, down 6.2% from the prior year fourth quarter.
  • Total Gross Margin of 22.9% for the fourth quarter compared to 27.9% in the prior year fourth quarter.
  • Total SG&A expenses for the fourth quarter declined $14.4 million, or 15.9%, from the prior year fourth quarter and were down 2.0% for 2023 compared to 2022.
  • Unless otherwise noted, all comparisons in the narrative are fourth quarter of 2023, as compared to fourth quarter of 2022.

Haig Partners Serves as the Exclusive Advisor on the Sale of Lebanon Ford to Nucar Family of Dealerships

Retrieved on: 
星期三, 三月 13, 2024

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.
  • Lebanon Ford has been a family endeavor, managed by my sons, Nathan and Evan, alongside our COO and longtime friend, Ray Gaudette, since its inception.
  • "We extend our heartfelt congratulations to Chris and Dan Dagesse of Nucar Family of Dealerships on this acquisition.
  • The sale of Lebanon Ford represents the 26th dealership the team at Haig Partners has bought or sold in New England.

Lightspeed DMS Appoints Brian Provost President & CEO

Retrieved on: 
星期一, 三月 11, 2024

Lightspeed DMS LLC, the leading recreational dealer management software provider and a Brookfield portfolio company, today announced that Brian Provost has been appointed chief executive officer, succeeding Kris Denos.

Key Points: 
  • Lightspeed DMS LLC, the leading recreational dealer management software provider and a Brookfield portfolio company, today announced that Brian Provost has been appointed chief executive officer, succeeding Kris Denos.
  • View the full release here: https://www.businesswire.com/news/home/20240311282930/en/
    “We are excited to welcome Brian Provost to Lightspeed at this pivotal time in the company’s growth story,” said Doug Bayerd, Managing Partner, Private Equity at Brookfield.
  • “Lightspeed has collaborated with recreational dealerships for nearly 40 years, creating industry-specific software solutions to streamline the way dealers work,” said Provost.
  • Kris will continue to serve as an advisor to Lightspeed for some time to ensure a smooth transition.”

TVS Motor Company - Now in France

Retrieved on: 
星期五, 三月 8, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240308987266/en/
    TVS Motor Company zone at Salon du Deux Roues, Lyon in France (Photo: Business Wire)
    TVSM is the world’s fourth largest two and three wheeler manufacturer, and the third most valued by market cap.
  • The company is putting on display the TVS Apache RR 310, TVS Apache RTR 310, TVS Ronin, its electric scooters - TVS iQube S, TVS X, and its performance scooter - TVS NTORQ.
  • Speaking on the participation, Sharad Mohan Mishra, President, Strategy, TVS Motor Company, said, “Our participation marks a significant milestone.
  • TVS NTORQ - a premium scooter that boasts of superior performance backed by TVS Racing Pedigree.

Steel Commander Corp. Announces New Partnership with MotoAmerica as the 2024 Title Sponsor for the MotoAmerica Steel Commander Superbike Championship

Retrieved on: 
星期三, 三月 6, 2024

Steel Commander Corp, a distinguished leader in the steel building industry, is delighted to announce its partnership with MotoAmerica as the title sponsor of the MotoAmerica Steel Commander Superbike Championship.

Key Points: 
  • Steel Commander Corp, a distinguished leader in the steel building industry, is delighted to announce its partnership with MotoAmerica as the title sponsor of the MotoAmerica Steel Commander Superbike Championship.
  • The first race takes place in Daytona with Steel Commander Corp the title sponsor for the MotoAmerica Superbike Championship.
  • Having previously sponsored the Steel Commander Stock 1000 class in 2023, Steel Commander Corp’s transition to the title sponsor of the MotoAmerica Superbike Championship underscores its unwavering support for motorsports and the MotoAmerica series.
  • Commenting on this exciting development, Shawn Fisher, President and CEO of Steel Commander Corp, expressed enthusiasm for the partnership, stating, “We are thrilled to once again partner with MotoAmerica and proudly serve as the title sponsor for the 2024 Steel Commander Superbike Championship.

Brightcove to Power MotoAmerica’s First Global Livestream of the Daytona 200

Retrieved on: 
星期二, 三月 5, 2024

As the official streaming provider for MotoAmerica, Brightcove will power the live and video-on-demand (VOD) capabilities of the MotoAmerica Live+ streaming service, which will exclusively broadcast the upcoming 82nd running of the Daytona 200 (March 7-9, 2024).

Key Points: 
  • As the official streaming provider for MotoAmerica, Brightcove will power the live and video-on-demand (VOD) capabilities of the MotoAmerica Live+ streaming service, which will exclusively broadcast the upcoming 82nd running of the Daytona 200 (March 7-9, 2024).
  • “Delivering quality live and on-demand streaming experiences is essential for today’s sports and entertainment organizations to reach and engage their audiences effectively,” said Marc DeBevoise, CEO of Brightcove.
  • “In response, we decided to collaborate with Brightcove to offer our fans the upgraded experience they have been asking for.
  • Partnering with Brightcove ensures that both current and new fans of MotoAmerica can enjoy the best viewing experience possible.

Mayville Engineering Company Announces Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
星期二, 三月 5, 2024

Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three and twelve-months ended December 31, 2023.

Key Points: 
  • Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three and twelve-months ended December 31, 2023.
  • Excluding the impact of the MSA acquisition, net sales increased organically by 6.1% year-over-year in the fourth quarter 2023.
  • Profit sharing, bonus and deferred compensation expense decreased $0.5 million to $3.6 million in the fourth quarter of 2023.
  • Free cash flow during the fourth quarter 2023 was $19.9 million as compared to ($0.7) million in the prior year period.

RumbleOn Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

Retrieved on: 
星期四, 二月 29, 2024

RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), operates primarily through two operating segments: the RideNow Powersports dealership group and Wholesale Express, an asset-light logistics provider focused on the automotive industry.

Key Points: 
  • RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), operates primarily through two operating segments: the RideNow Powersports dealership group and Wholesale Express, an asset-light logistics provider focused on the automotive industry.
  • RumbleOn today announced that it will release its fourth quarter and full year 2023 operational and financial results before the market opens on Thursday, March 14, 2024.
  • The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) to discuss its operational and financial results.
  • When: Thursday, March 14, 2024, at 7:00 am Central Time (8:00 a.m. Eastern Time)
    Conference Call Dial In: 1-201-493-6779 for United States callers, or 1-877-407-9716 for callers outside the United States; Conference ID: 13743245