Q2 dealer survey launches, with over 30 brands represented
Dealers from 22 states and two Canadian provinces completed the Q2 2018 Powersports Business/BMO Capital Markets Dealer Survey on its launch day Tuesday.
Dealers who have taken the survey so far sell the following brands: Aprilia, Arctic Cat, Benelli, Bintelli, Can-Am, CFMOTO, Ducati, E-Z-GO, GEM, Genuine Scooter, Hammerhead Off-Road, Harley-Davidson, Hisun, Honda, Husqvarna, Indian, Kawasaki, KTM, KYMCO, Mahindra Roxor, Norton, Piaggio, Polaris, Sea-Doo, Ski-Doo, Slingshot, SSR, Suzuki, Textron Off Road, Triumph, Ural, Vespa, Yamaha.
A total of 93 percent of the Day 1 survey takers operated single-location dealerships.
Showing the continued growth of the side-by-side market, here’s the breakdown of product segments offered by dealers who completed the survey:
Side-by-sides: 91 percent
Traditional ATVs: 97 percent
Heavyweight motorcycles: 64 percent
Sport bikes: 67 percent
Off-road bikes: 70 percent
PWC: 46 percent
Snowmobiles: 52 percent
Boats: 15 percent
New unit sales were reported as either good or very strong by 55 percent of the Day 1 respondents. Overall business conditions were reported as either good or very strong by 51 percent of respondents. Not surprisingly, 60 percent of Day 1 respondents said the U.S. political environment was an external risk factor that concerned them the most.
Dealers, check your Tuesday morning email for the link to complete the survey. Or send me a note and I’ll add you to the list. The first two dealers to complete the survey on Wednesday get a $100 gift card (just like the first two did on Tuesday!) — Dave, dmcmahon at powersportsbusiness.com.
