Archive for the ‘Motorcycle Industry Council’ Category

MIC Promotes Use of Off-Road Vehicles in China

March 2, 2010

Participates In Italian-Chinese Trade Show Talks

When representatives of the Italian motorcycle industry announced last November that they intended to launch a major motorcycle show in  China, this year, it caught the attention of Tim Buche, head of the Motorcycle Industry Council (MIC), the U.S. association of motorcycle, ATV and scooter manufacturers.

“I suggested that there was good value in the MIC facilitating a dialogue on the evolving market for ATVs and similar products in China while I was at the EICMA show last November,” Buche told me last evening. Constantino Ruggiero, managing director of EICMA, agreed. And so the Americans began playing a significant role in putting together this year’s show in China.

EICMA is the huge annual motorcycle show held in Milano, Italy. EICMA is owned and operated by the Italian trade association of motorcycle and bicycle manufacturers and producers of aftermarket parts and accessories (ANCMA). It was founded in 1920 and has more than 170 members. For more information on ANCMA, click here.

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Bank Lending Will Improve— Slowly

February 22, 2010

Says Chamber of Commerce Economist at Dealer Expo

INDIANAPOLIS — If you’re looking for working capital for your small business, don’t count on getting it from your local banker any time soon, says a leading economist. Martin Regalia, chief economist for the U.S. Chamber of Commerce, told a gathering of business executives at the Dealer Expo here it will take about six months for banks to return to “normal lending practices.”

Martin Regalia

Speaking at the annual meeting of the Motorcycle Industry Council (MIC), Regalia said that it will take time for banks to define the risks— financial and regulatory— before they feel comfortable lending again.

“The biggest factor in getting banks lending again is time,” said Regalia. “Banks are in it to make money like everybody else, and contrary to what the president says, you cannot run a free enterprise system without risk.

“Risk is what we all take. It’s what we all manage, and it’s why we make the money we do. Without risk, there is no return—nobody pays you for certainty. So, banks are in it to manage risk. As time goes on a little bit, they will get a better feel for that risk, and they will begin to lend, and they will probably, at some point down the road, overshoot again and under price and over lend to the risk. But that takes time.”

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U.S. Economic Outlook Turns MIC Breakfast Sour

February 22, 2010

Very Slow Growth Expected In Foreseeable Future

INDIANAPOLIS, In.  (Feb.22)—  Looking for the Good, the Bad, and the Ugly of the U.S. economy this year? Well, we heard all about it during the Motorcycle Industry Council’s annual meeting at the Dealer Expo here.

Martin Regalia

The U.S. Chamber of Commerce’s chief economist, Martin Regalia, plopped the unpleasant news right in the middle our breakfast coffee and donuts in a most unappealing fashion. Unfortunately, the bad and the ugly outweighed the good by a wide margin.

Regalia saved his heaviest punches for President Obama’s new budget. But more about that later.

Here’s Regalia’s outlook, in a nutshell:

The Good: We’re coming out of the recession, although very slowly.

The Bad: We’re not growing fast enough to replace all the jobs we lost, among other things

The Ugly: We’re staggering under so much federal spending that we may never get the budget (more…)

StoptheBan Movement Grows. Please Participate

February 17, 2010

Duane Taylor, director of federal affairs for the Motorcycle Industry Council, packages up the more than 4,000 letters urging the CPSC to drop its ban on youth ATVs and motorcycles. The letters were collected at the recent Dealer Expo in Indianapolis and will be delivered to the Consumer Product Safety Commission in Washington, D.C. In addition to the letters, more than 175,000 email messages were sent to Congrerss in one week urging that the ban be dropped. For more information, visit http://www.stopthebannow.com or click here. Please make your feelings known; your participation is vital.

Join MIC Campaign To Stop the Ban

February 9, 2010

MIC Launches Communications Effort at Dealer Expo

The Motorcycle Industry Council (MIC) again this year is offering a variety of  communication tools at the Dealer Expo so that attendees and exhibitors can urge Washington to drop the existing ban on the sale of youth ATVs and motorcycles.

“There is tremendous momentum for Congress to amend the Consumer Product Safety Improvement Act’s (CPSIA) lead content provisions to exclude youth vehicles,” said Paul Vitrano, MIC general counsel. “We need our voices to be heard now.”

The MIC’s multi-media communication offerings at Indy and on www.stopthebannow.com include:

  • Text. Use your cell phone to send the text message “StoptheBan” or “STB” to 30101. An SMS interface on http://www.stopthebannow.com allows the public to send StoptheBan text messages directly from the website.
  • Letter. You can add your signature to letters urging Congress to amend the CPSIA to exclude youth vehicles. Last year’s campaign generated over 5,000 hand-signed letters at the show.
  • E-mail. Computers are available in the MIC Business Center (Booth # 4508) so you can send e-mails to Washington calling for the ban on youth equipment to be dropped. Last year, more 1 million electronic messages were sent to Congress.
  • Call. A computer station in the MIC Business Center will identify key members of Congress, and a Skype account will enable you to call your congressmen directly from the computer.
  • Video. You can “Send a Video Message to Congress.”  A camera and filming booth will be set up in the MIC Business Center so that Stop the Ban messages can be created, posted online, and forwarded to Congress.

Vitrano said there are three key reasons why youth ATVs and motorcycles should be excluded from the CPSIA’s lead content provisions: (1) the lead content poses no risk to kids; (2) the key to keeping youth safe is having them ride the right size vehicle; and (3) the lead ban hurts the economy.

“MIC calls on Congress to draft legislation as soon as possible to either grant a categorical exemption for these products, as would be provided by H.R. 1587, a pending bill with 56 bi-partisan co-sponsors, or to give the CPSC the flexibility to do so,” Vitrano said.

Visit www.stopthebannow.com for background information, FAQs, and public outreach tools for the Stop The Ban campaign.  JD

Contact me with story ideas or news tips
at 952/893-6876 or joe@powersportsupdate.com.

CIECA Opens Competition for Riding Instructors

February 25, 2009

Are you a riding instructor with an idea of how to improve training procedures? Want to win a scooter or a trip to MV Agusta, a MotoGP event or a World Superbike event?

If so, the International Commission of Driver and Rider Testing Authorities (CIECA) has launched a worldwide competition to collect examples of the best rider training exercises. Together with its partnerscieca ACEM, FIM and FEMA, CIECA invites riding instructors to submit rider training exercises related to the ten most frequent accident causes for powered two-wheelers.

Visit the ACEM website and fill out a questionnaire with your proposed rider training exercise and return the questionnaire by March 22. You could win:

Grand Prize: A Suzuki SIXteen 150cc scooter
First Prize: A guided tour around the MV AGUSTA factory in Varese, Italy (travel included)
Second Prize: 2 tickets to the MotoGP event of your choice
Third Prize: 2 tickets to the World Superbike event of your choice

The Many Faces of the Lead Content Fiasco

February 25, 2009

The Motorcycle Industry Council is on a forward push to get word out about the child ATV/Motorcycle ban and its devastating impact on the industry. MIC general counsel Paul Vitrano has appeared in just about all press accounts that I’ve read about the unintended consequences of the new lead content regulations.

Now, the MIC has posted a series of videos on YouTube featuring interviews with folks across the powersports spectrum explaining what all this means to their business. With no further ado here are a couple, starting with Scorpion Sport’s Eric Anderson:

And Randy Hawkins, seven time AMA National Enduro Champion:

And Jeff Fredette, AMA Hall of Famer and ISDE legend:

More on Lead with MIC’s Paul Vitrano

February 20, 2009

Industry raconteur, Victory MC flack and Advanstar flunky Robert Pandya talks with Paul Vitrano from the MIC. The subject? Lead, of course. Vitrano explains the impact of the new lead content laws (read here) on the youth powersports market. It’s good stuff.

Check Your Lid At HelmetCheck.Org

February 14, 2009

The Motorcycle Industry Council (MIC) has launched a new website designed to help riders verify that a helmet they own, or are considering for purchase, complies with the U.S. Department of Transportation’s safety standard (FMVSS 218).

Designed to be a repository of helmet-related information, research and public service announcements for the benefit of consumers, policy-makers and law enforcement, HelmetCheck.org allows site visitors to find information on DOT-compliant helmets from any helmet manufacturer voluntarily participating in the database. Major helmet companies and distributors AFX, AGV, Arai, AXO, HJC, Icon, Scorpion, and Shoei have thus far provided the information on their full line of helmets to the site.

Visit Dealernews.com to learn why the MIC launched this new offering.

Stimulus Package Includes Tax Breaks for Cycle Buyers

February 14, 2009

Tax deductions for motorcycles and motorhomes have been added to the compromise $787 billion stimulus package that previously applied to only automobiles and light trucks.

Under the new legislation, purchasers of new cars, light trucks, motorhomes and motorcycles will be able to deduct the sales and excise tax they pay through the end of this year.

Read more over at Dealernews.com