News
Live Wire acquires Dust Moto to expand off-road EV presence
1+ week, 3+ day ago (323+ words) Live Wire Group announced May 19 that it has acquired the assets of Dust Moto, marking the company's first acquisition and signaling a deeper push into the electric off-road motorcycle segment. The move expands Live Wire's reach beyond its on-road electric…...
North Carolina Dealers Association meeting shows impact on legislation
1+ week, 4+ day ago (443+ words) This article originally appeared in the May issue of Powersports Business. Powersports dealers in North Carolina have shown their organizational strength for years via their support of the NC Motorcycle Dealers Association. With President Chris Brewer (Brewer Cycles) at the…...
KYMCO USA rolls out Downtown GT 350i scooter to dealers
3+ week, 3+ day ago (206+ words) Powersports Business KYMCO USA has introduced the Downtown GT 350i, a new middleweight scooter aimed at expanding opportunities for dealers targeting both urban commuters and longer-distance riders. Positioned as a step up from the brand's 125cc offering, the Downtown GT 350i is powered…...
Verge Motorcycles' solid-state battery technology faces skepticism
1+ mon, 1+ week ago (200+ words) What was said to be a breakthrough milestone for the electric motorcycle segment is now facing scrutiny after a criminal complaint filed by a whistleblower suggests the solid-state battery developed by Verge Motorcycles" subsidiary Donut Lab is not what it…...
Horsepower-Revvable partnership creates lending alternatives
1+ mon, 1+ week ago (257+ words) Horsepower Leasing and Revvable announced a new lending and leasing waterfall partnership designed to expand access to powersports financing across the U. S. The collaboration pairs Horsepower Leasing's origination platform with Revvable's lending network to create a seamless, multitier approval waterfall " ensuring…...
Massimo announces FY25 financials, says losses reflect 'deliberate strategy"
1+ mon, 3+ week ago (320+ words) Massimo Group recently announced its financial results for the fiscal year ended Dec. 31, 2025, as the company continues to transition toward a higher-margin operating model and advance new product initiatives designed to support long-term growth." Massimo's FY2025 revenue was $71. 8 million, down 34. 3% from…...
Editor's column: Why dealers belong on Capitol Hill this year
1+ mon, 2+ week ago (818+ words) If the past 18 months have taught powersports dealers anything, it's this: the biggest threats to your business aren't always sitting across the showroom floor " they're often being debated in a committee room on Capitol Hill. Tariffs. PFAS regulations. Land access....
Tariff update: Revisions offer partial relief for motorcycle industry
1+ mon, 3+ week ago (412+ words) A recent tariff revision by the Trump administration could reshape the outlook for the motorcycle industry, offering targeted relief for certain finished units while leaving broader cost pressures in place. The updated Section 232 proclamation, which took effect April 6, removes some…...
Torque Group expands ESC coverage to include larger lifts kits
1+ mon, 3+ week ago (368+ words) Torque Group has announced a series of updates to its Extended Service Contract (ESC) program, expanding coverage parameters and introducing new surcharge options to better align with today's customized powersports units. The enhancements apply to both new and used vehicles…...
Horsepower Financial, CFMOTO launch ORV leasing program
1+ mon, 4+ week ago (313+ words) Horsepower Financial Services and CFMOTO have expanded their partnership to introduce a national leasing program for off-road vehicles (ORVs), a move aimed at giving dealers a new tool to drive showroom conversions and customer retention. The program marks one of…...