Arctic Cat Inc. announced it has signed a definitive merger agreement under which Textron Inc. will acquire Arctic Cat in a cash transaction valued at approximately $247 million, plus the assumption of existing debt.
Our latest survey of powersports dealers indicates that the retail sales environment remained weak in November. The general theme in the marketplace is that consumer interest was focused on model year 2016 products with large incentives. While the amount of 2016 units on showroom floors were nearly depleted by month end on many models, we
Watch as Erin Beukelman, Polaris Factory rider, breaks down the many technical details that go into FLY’s Carbon Backcountry Mountain Technical Outerwear jacket and bib pant.
Adventure proof packing and gear systems innovator, Giant Loop, continues to expand its powersports offerings with the most comprehensive made-in-USA snow bike and snowmobile gear line available for winter 2016-2017.
BRP recently presented a new snowmobile platform and a new engine together for the first time in 20 years during its semi-annual dealer meeting in Dallas. This new platform/engine combination, available on 2017 Summit mountain, MXZ trail performance and Renegade crossover models, pushes the limits of innovation and creativity to unmatched levels.
Arctic Cat Inc. plans to invest nearly $27 million in its manufacturing facilities in Thief River Falls and St. Cloud, Minnesota, resulting in the creation of approximately 50 jobs.
Polaris Industries Inc. has announced that the responsibilities of retiring Vice President of Snowmobiles and Slingshot, Mike Jonikas, will be divided between two roles. Chris Wolf, currently general manager, Snowmobiles, will be promoted to vice president of that business, and Craig Scanlon will fill the role of vice president, Slingshot.
BRP introduced its 2016 Ski-Doo snowmobile line-up and special law enforcement edition Can-Am models at its semi-annual dealer meeting. The 2016 snowmobiles models include an adjustable ski, and expansion of new technologies and accessories.
Arctic Cat held its annual National Sales Meetings in Las Vegas in February. One big message at the NSM was how profitable Arctic Cat accessories, wearables and World Class Store strategies are, and how it also builds and maintains brand allegiance across the entire company spectrum. The big news at the show was how Sheffield