Dealer optimism has improved, buoyed by clarity following the election and the momentum of the holiday shopping season.
Short-term AWP declines mirrored longer-term year-over-year declines in nearly all categories.
With new inventory levels significantly above that of 2019, expect OEM promotional activity to continue to increase.
New and used sales look very similar to 2023.
The off-road powersports vehicle manufacturer continues to increase its U.S. market share with record year-over-year Q1 sales figures and new dealer signups.
Average wholesale prices continue to improve, reflecting dealer sentiment and demand for pre-owned.
Market strength and consumer confidence among industry concerns for a profitable second half of the year.
Marc McAllister discusses the state of the business and where he sees the powersports industry going.
This latest update on how the COVID-19 pandemic has affected the powersports market continues to tell the same story we have been covering for the past several months, namely that prices are up across the board once again.
The past several months have been a roller coaster ride of severe drops in value followed by a historic increase in pricing for June. After all that, this month actually looks sort of normal…believe it or not.
NPA released their used market insights video for the week of April 20-26.
The side-by-side market was on an upward trajectory until March, when the world was hit with the COVID-19 pandemic. Most of the powersports industry, and country, shut down or reduced staff and limited retail operations.
