KTM Industries AG has sold its 24 percent minority interest in AGM Durmont Austria GmbH to the previous majority owner and parent company AGM Group of Troy, Michigan, USA - a multinational manufacturer of vehicle interiors, lighting and electronic components in the automotive industry.
A report in the US says that sportbike sales dropped by -4.7% over a 12 month period that ended in October 2016. According to the data set put together by Statistical Surveys Inc., 75,469 sportbikes were registered in the United States during the prior 12 months, compared to the 79,225 motorcycles that were registered the previous year.
In the US Polaris has launched what it says is a first in youth off-road vehicles – to date the single-seat Polaris ACE 150 EFI is the industry’s only single-seat youth model with a protective cab frame. It gives kids of 10 years and older “the single-seat freedom enjoyed by their adult counterparts,” said Craig Scanlon, Polaris Off-Road Vehicles Chief Retail Officer.
US distributor SpeedMob has added the Italian EVR Special Parts line of premium race products to its burgeoning range of European brand products. EVR was founded in 1994 by former racer Edo Vigna – the man credited with having, in effect, invented the slipper clutch. EVR produces world class wet and dry slipper clutches, carbon fibre airboxes and other race components.
