Industry News
Industry Insider: China Doubles Magnesium Exports, Shortage Avoided
Well. That was a close call. When we received news of the Chinese power crisis back in Q4 of 2021, we weren’t quite sure the industry’s magnesium supply would remain steady going into 2022. After all, with China responsible for production of roughly 87% of the world’s magnesium, a power crisis would spell disaster for …
Industry Insider: Damaged Supply Chains Brace for Painful Recovery in Recent Analysis
With 2021 being the rollercoaster that it was, supply chains around the world have been hit with a crisis of limited product availability – but according to a recent series of analyses, that could all be on the mend…provided the trend upward stays steady. “Starting in 2020, companies reacted to the economic downturn by cancelling …
Powersports Partnerships: RumbleOn and J.D. Power to Give a Better Online Retail Experience
With the world being a far different client than it was pre-2020, Powersports companies around the world are finding better ways to reach their clientele – and that includes a fresh move from the nation’s largest seller (and first omnichannel customer experience) in the Powersports space. CrunchBase describes RumbleOn as “an online retailer that allows …
Powersports Partnerships: AutoAPR Collabs with 700Credit To Enhance Customer Pre-Approval
When we reminisce on the down-and-dirty of the past two years, there’s one thing that was made abundantly clear for the Powersports industry: That a brand’s online presence is an invaluable resource when it comes to limitations, and that it was especially lucrative during the lockdowns of 2020 and 2021. Businesses that chose to invest …
MotoAmerica: ‘Parts Unlimited’ Sponsor Renews Contract for 2022 Season
One of MotoAmerica’s longest-standing sponsors has just signed a three-year agreement to continue their support of the 2022 ‘Parts 4 Less’ Championship – and judging by the press release, the global Powersports parts distributor wouldn’t have it any other way. The official partnership comes with the obligatory perks; Parts Unlimited (including Parts Canada, Parts Europe, …
Yamaha: Craig Hewitt Installed as New Financial Services President/CEO
A hearty congratulations to Yamaha Motor U.S.A.(YMCUS), who has secured Craig Hewitt as their brand new president and chief executive officer of Financial Services! The report from PowerSportsBusiness states that Hewitt holds an impressive portfolio, with his business platform stating over 25 years’ experience “leading high performing operations through data-driven strategy and organizational execution” – …
MotoGP: Joan Mir Says Eight Ducati Bikes for 2022 Track “Not Fair”
“It’s Almost Half The Grid” MotoGP racer Joan Mir is taking a gander at the 2022 season lineup for the track with a focus on the balance of brands set to lean into the twisties – and he’s pointed out a fact that’s a fast-becoming reality for the MotoGP circuit. The coming season will show …
Industry Insider: European Study Shows Current State of EV Mobility
Our Current Status in the Trudge Toward Less Greenhouse, More Green A handful of big names have assessed our current status when it comes to e-mobility, with results in the manufacturer’s sector as well as business districts. It’s been a while since we covered the fact that Europe was on track to cut 78% of …
