July 2023
Welcome to the July digital edition of Powersports Business. Click the cover image below to get started.
The July edition has arrived! This month, we share dealers’ outlooks from coast-to-coast about electric powersports and when we may see the segment become mainstream. We share a variety of perspectives, but a common trend. Many dealers that carry electric products report they do not sell them fast enough. Despite this, more than half of the dealers we spoke to are excited to share electric product and predict that electric will become a major segment in the next 10 years.
Automotive dealers join the powersports industry from Colorado to Texas to Florida. And as dealers continue to expand, Bryan Halsey, who recently acquired his third location, explains the importance of staying connected to employees at each location. Another dealer shares that team members are encouraged to show their personality, benefiting both employees and customers. Check out these stories to learn how some dealers enrich the business culture of their dealership.
We also spoke with the final Best-In-Class dealerships that were recognized at the 2022 Powersports Business Accelerate Conference to learn what they do to succeed. We invite you to visit our website and nominate your dealership for its best-in-class practices and join us Nov. 5-7 at the Westin Galleria in Dallas, Texas!
Finally, check out new aftermarket products and our interview with Alfred Boyadgis, CEO and co-founder of smart helmet company, Foricte.
Highlights of the July issue of Powersports Business include:
- Dealer stays in tune with employees during third expansion
- Automotive veterans enter powersports industry
- Teddy ‘Cadillac’ has a passion for motorcycles and dealerships
- When will electric become mainstream and how can we get there?
- Powersports Business Best-In-Class 2022
- Accelerate attendee, owner markets dealership’s personality
- New smart helmet coming to U.S.
- And more!
