tariffs
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Dealers
MIC rallies against 50% tariffs threatening powersports industry
According to MIC, the tariffs mean that nearly every powersports vehicle with foreign-produced steel components is now subject to steep…
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Dealers
Department of Commerce expands tariffs on steel and aluminum
The expansion now reaches beyond raw metals to a variety of finished goods, meaning powersports parts and accessories could fall…
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Harley-Davidson
Harley beats Wall Street revenue estimates in Q2 despite sales drop
Harley-Davidson exceeded revenue expectations in Q2 2025, but profits and motorcycle sales fell sharply as the company navigates soft demand,…
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Dealers
MIC warns of tariff impact amid strong U.S. Q2 growth and global trade tensions
The MIC is warning that recently imposed and expanded U.S. tariffs could carry serious consequences for the powersports sector, even…
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Dealers
Fitch warns tariff uncertainty stalling powersports demand recovery
According to a recent analysis by Fitch Ratings, U.S. powersports dealers hoping for a rebound in consumer demand may be…
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Dealers
NPDA: What dealers really need to know about tariffs
The powersports industry is changing fast, with tariffs, supply chain disruptions, and an evolving M&A landscape reshaping dealership valuations and…
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Motorcycle
EU announces possible $107 billion response to US tariffs
The new measure would slap duties of 25% on U.S. imports amounting to $23.5 billion, which includes motorcycles and other…
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Latest News
Bringing powersports to DC: Q&A with Christy LaCurelle
Brendan sits down with MIC's new president, Christy LaCurelle, to chat about taking powersports to Capitol Hill, tariffs, rider programs,…
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Harley-Davidson
Harley focuses on financing arm, addresses tariffs and consumer trends in Q1 earnings call
Harley's Q1 retail sales were down 21 percent globally and 24 percent in North America, as the company continues to…
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Dealers
Zero offers limited-time pricing lock on XB and XE models amid tariff challenges
Dealers and customers now have until May 18, 2025, to lock in current pricing before updated tariffs trigger cost increases…
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Polaris
Polaris reports Q1 retail sales down 7 percent in North America
Polaris executives said North American retail was down 7%, with relatively better performance in its utility business versus recreational products.
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Dealers
Webinar: Tariffs Impacting Powersports
The Motorcycle Industry Council (MIC) is hosting a free webinar on Tuesday, April 22, at 11 am Pacific for anyone…
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Motorcycle
Tariff battle hitting motorcycle sales hard in Canada
Motorcycle sales have underperformed in Q1 as consumers remain cautious, according to Moto Canada, which urges an end to tariffs…
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BRP
BRP estimates tariffs will cost company an estimated $40 million
BRP anticipates a $40 million loss due to tariffs recently assessed to U.S. trading partners. However, this cost is relatively…
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Columns
Coffey’s Corner: Tariffs the new roadblocks to growth
In early 2025, the powersports industry faces significant challenges due to newly imposed tariffs by the U.S. government.
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Dealers
Goldman, other U.S. economic forecasts more dire as tariff impacts becoming a reality
Josh Schafer of Yahoo Finance recently reported that Goldman Sachs is among the financial firms worried about the U.S. economy…
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Dealers
MIC: What will taxes on imports mean for powersports?
MIC seeks input from members and leaders across powersports on what these new taxes will do to their businesses.
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Dealers
Moto Canada pushes back against U.S. tariffs, supports counter-tariffs
Moto Canada urges both governments to reconsider these measures and prioritize preserving jobs and economic stability on both sides of…
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Motorcycle
Mexican motorcycle sales surge to 1.85 million units in 2024
According to data from AMFIM, the Mexican motorcycle industry achieved record-breaking sales in 2024, with 1.85 million units sold from brands such…
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Dealers
Trump administration goes ahead with tariffs after month-long pause
President Donald Trump said last month that he was imposing tariffs on Canada and Mexico, our North American allies and…
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