Category: Motorcycle Sale

Notice to all seekers of space, calm and tranquility! Welcome to the beautiful Flora Acres in Antioch! This solidly built and extremely well maintained 0.9 acre home is bigger than it looks! Inside you’ll find a 5-bedroom, 2.5-bathroom Cape Cod cottage with a full basement that has everything on your first floor wish list: newly remodeled master suite with full bath and walk-in closet , lots of living space for entertaining, brand new washer/dryer, plus an additional four season room addition that can be used as an office or bonus room. The second floor includes three bedrooms with good sized wardrobes, a completely renovated bathroom, two linen rooms, a huge walk-in closet, as well as an attic for storage. Basement features include: another full bedroom that would be perfect for an exercise room or in-law arrangement, a large “mancave” or entertainment area with bar, plus a huge storage room for all your “extras” in life. Even the 2.5 car garage has another walk-in storage for all your outdoor accessories. New carpets, paint, electrical outlets and light fixtures throughout most of the house. The mechanics are extremely well maintained and updated in 2020. Live in the countryside in a quiet neighborhood with beautiful scenery, but maintain your suburban lifestyle just 6 minutes drive from Piggly Wiggly and Jewel-Osco grocery stores, 7 minute drive to Lake Villa Metra station, 8 minute drive to Lake Villa Post Office, 12 minute drive to Walmart, 13 minute drive to Home Depot and 18 minute drive to Interstate 94. Another major advantage: small and personalized Emmons School District 33 with only 287 students in the entire K-8 school district! Enjoy the chain of lakes all summer long! Buy a house where you can live on vacation every day! Book your screenings today! This amazing home, land, neighborhood and location won’t last long!

ISLAMABAD – The sale of motorcycles and three-wheelers increased slightly in May 2022 to 148,002 units compared to the sale of 147,729 units in the same month of the previous year, showing an increase of 0.18%. On a monthly basis, the sale decreased by 2% in May 2022, compared to the sale of 151,705 units in the previous month of April 2022. On average, the sale of motorcycles and three-wheelers also saw a decline of 3.9% as sales fell. from 1,747 million units registered in July-May (2020-21) to 1.679 million units in the same period of the current financial year, according to the latest data released by the Pakistan Automobile Manufacturing Association (PAMA) . Sales of Honda motorcycles fell from 1.182 million units in the 11 months of the prior fiscal year to 1.25 million units in the same period of the current fiscal year. Similarly, the sale of Suzuki motorcycles also increased from 22,085 units to 34,578 units during the period under review. Similarly, the sale of Yamaha motorcycles also saw an upward trend as it increased to 21,496 units from 19,324 units in the corresponding year last year. The sale of Ravi motorcycles, however, plunged to 3,160 units in 11 months of the current financial year compared to the sale of 5,788 units during the corresponding period of the previous financial year. Sales of United Auto motorcycles also declined from 341,151 units to 248,670 units in the 11 months of the current fiscal year. Sales of Road Prince Motorcycles also saw a sharp drop of 35%, from 131,171 units to 84,251 units in July-May (2021-22). Among three-wheelers, the sale of Sazgar Three Wheelers has increased from 13,723 units in July-May (2020-21) to 13,886 units this year. United Auto Three Wheelers sales fell sharply, plunging to 2,853 units from 6,194 units.

MINNEAPOLIS, MN – June 17, 2022 – (Motor Sports NewsWire) – Polaris Inc. (NYSE: IIP), the global powersports leader, today announced that it has entered into a definitive agreement to sell its Transamerican Auto Parts (TAP) business to Wheel Pros, a designer, manufacturer and distributor of proprietary branded vehicle enhancements. replacement parts for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, LP (together with its subsidiaries, “Clearlake”) and in partnership with management. The transaction includes TAP’s full portfolio of operations, including all brands, product lines, manufacturing operations, distribution facilities, more than 100 4 Wheel Parts outlets and more than 1,700 TAP employees.

“We have a clear vision to be the world leader in motorsports,” said Mike Speetzen, CEO of Polaris. “Our decision to divest TAP allows us to better capitalize on growing consumer interest and demand for our powersports offerings, while allowing Polaris to focus our time, people and resources on our core on-road businesses. , off-road and marine, as well as the parts, apparel and accessory brands that support these customers. Furthermore, it supports our long-term financial objectives and should have a positive impact on the EBITDA margin. TAP remains a leading omnichannel player in the Jeep and truck aftermarket, and we appreciate the contributions the team has made to Polaris.

The transaction is estimated to generate an additional $135 million in cash flow for Polaris in the second half of 2022. This includes the purchase price from the buyer and the realization of the cash tax benefits associated with the sale, less fees estimated transactions. The sale price, net of cash, debt and other costs, is estimated at $50 million. In 2021, Polaris’ Aftermarket segment generated $930 million in revenue, of which TAP business accounted for nearly $760 million. The transaction is expected to close early in the third quarter, subject to customary closing conditions.

In connection with the conclusion of a definitive agreement for the sale of TAP, the TAP business has met the accounting criteria to be classified as assets held for sale and discontinued operations. As part of the transaction, Polaris expects to record an impairment charge, net of tax, of approximately $140 million.

Baird acted as financial advisor and Jones Day acted as legal advisor to Polaris on the transaction.

About Polaris

As a global powersports leader, Polaris Inc. (NYSE: IIP) is at the forefront of product breakthroughs and rewarding experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual sales of 8.2 billion dollars in 2021, Polaris’ premium product lineup includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavy-duty motorcycles; Slingshot® motorcycle roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including the industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, apparel and accessories. Proudly based in Minnesota, Polaris serves over 100 countries worldwide. www.polaris.com

Except for historical information contained herein, matters set forth in this presentation and discussed in the related earnings call are “forward-looking statements” intended to qualify for the safe harbor provisions of the Private Securities Litigation Act. Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as we or our management “believe”, “should”, “anticipate”, “expect”. , “esteem” or words of similar significance. Likewise, statements that describe our future plans or trends, objectives or goals, such as future sales, shipments, inventory levels, consumer demand, net income, net earnings per share, cash flow future and capital requirements, operational initiatives, pricing actions, prices, currency fluctuations, interest rates and raw material costs, are forward-looking statements that involve certain risks and uncertainties that could so that actual results differ materially from these forward-looking statements. Potential risks and uncertainties include factors such as the severity and duration of the COVID-19 pandemic and the resulting impact on the Company’s business, supply chain and global economy; the Company’s ability to successfully implement its manufacturing and supply chain operations expansion initiatives; the Company’s ability to successfully source necessary parts and materials and the Company’s ability to manufacture and deliver products to dealers to meet growing demand and to restore dealer inventory levels to optimal levels ; continued growing consumer demand for the Company’s products; competitors’ product offerings, promotional activities and pricing strategies; economic conditions affecting consumer spending; disruptions in manufacturing facilities; product recalls and/or warranty costs; product redesign costs; the impact of changes in the Polaris stock price on incentive compensation plan costs; exchange rate fluctuations; environmental and product safety regulatory activity; weather effects; commodity costs; transportation costs and tariff costs (tariff relief or ability to mitigate tariffs); changes to international trade policies and agreements; uninsured product liability claims; uncertainty in the retail and wholesale credit markets; performance of affiliate partners; tax policy changes; relationships with dealers and suppliers; and the general economic, social and political environment. Investors are also urged to consider other risks and uncertainties discussed in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to anyone to provide updates to its forward-looking statements.

Source: Polaris Inc.

####

MINNEAPOLIS–(BUSINESS WIRE)–June 16, 2022–

Polaris Inc. (NYSE:PII), the global powersports leader, today announced that it has entered into a definitive agreement to sell its Transamerican Auto Parts (TAP) business to Wheel Pros, a designer, manufacturer and distributor of powertrain enhancements. exclusive brand replacement vehicles. for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, LP (together with its subsidiaries, “Clearlake”) and in partnership with management. The transaction includes TAP’s full portfolio of operations, including all brands, product lines, manufacturing operations, distribution facilities, more than 100 4 Wheel Parts outlets and more than 1,700 TAP employees.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220616005849/en/

“We have a clear vision to be the world leader in motorsports,” said Mike Speetzen, CEO of Polaris. “Our decision to divest TAP allows us to better capitalize on growing consumer interest and demand for our powersports offerings, while allowing Polaris to focus our time, people and resources on our core on-road businesses. , off-road and marine, as well as the parts, apparel and accessory brands that support these customers. Furthermore, it supports our long-term financial objectives and should have a positive impact on the EBITDA margin. TAP remains a leading omnichannel player in the Jeep and truck aftermarket, and we appreciate the contributions the team has made to Polaris.

The transaction is estimated to generate an additional $135 million in cash flow for Polaris in the second half of 2022. This includes the purchase price from the buyer and the realization of the cash tax benefits associated with the sale, less fees estimated transactions. The sale price, net of cash, debt and other costs, is estimated at $50 million. In 2021, Polaris’ Aftermarket segment generated $930 million in revenue, of which TAP business accounted for nearly $760 million. The transaction is expected to close early in the third quarter, subject to customary closing conditions.

In connection with the conclusion of a definitive agreement for the sale of TAP, the TAP business has met the accounting criteria to be classified as assets held for sale and discontinued operations. As part of the transaction, Polaris expects to record an impairment charge, net of tax, of approximately $140 million.

Baird acted as financial advisor and Jones Day acted as legal advisor to Polaris on the transaction.

About Polaris

As a global powersports leader, Polaris Inc. (NYSE:PII) is at the forefront of product breakthroughs and rewarding experiences and services that have invited people to experience the joy of being outdoors. since our founding in 1954. With annual sales of $8.2 billion in 2021, Polaris’ high-quality product line includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side all-terrain vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavy-duty motorcycles; Slingshot® motorcycle roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including the industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, apparel and accessories. Proudly based in Minnesota, Polaris serves over 100 countries worldwide. www.polaris.com

Except for historical information contained herein, matters set forth in this presentation and discussed in the related earnings call are “forward-looking statements” intended to qualify for the safe harbor provisions of the Private Securities Litigation Act. Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as we or our management “believe”, “should”, “anticipate”, “expect”. , “esteem” or words of similar significance. Likewise, statements that describe our future plans or trends, objectives or goals, such as future sales, shipments, inventory levels, consumer demand, net income, net earnings per share, cash flow future and capital requirements, operational initiatives, pricing actions, prices, currency fluctuations, interest rates and raw material costs, are forward-looking statements that involve certain risks and uncertainties that could so that actual results differ materially from these forward-looking statements. Potential risks and uncertainties include factors such as the severity and duration of the COVID-19 pandemic and the resulting impact on the Company’s business, supply chain and global economy; the Company’s ability to successfully implement its manufacturing and supply chain operations expansion initiatives; the Company’s ability to successfully source necessary parts and materials and the Company’s ability to manufacture and deliver products to dealers to meet growing demand and to restore dealer inventory levels to optimal levels ; continued growing consumer demand for the Company’s products; competitors’ product offerings, promotional activities and pricing strategies; economic conditions affecting consumer spending; disruptions in manufacturing facilities; product recalls and/or warranty costs; product redesign costs; the impact of changes in the Polaris stock price on incentive compensation plan costs; exchange rate fluctuations; environmental and product safety regulatory activity; weather effects; commodity costs; transportation costs and tariff costs (tariff relief or ability to mitigate tariffs); changes to international trade policies and agreements; uninsured product liability claims; uncertainty in the retail and wholesale credit markets; performance of affiliate partners; tax policy changes; relationships with dealers and suppliers; and the general economic, social and political environment. Investors are also urged to consider other risks and uncertainties discussed in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to anyone to provide updates to its forward-looking statements.

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220616005849/en/

CONTACT: Polaris Media Contact:

Jessica Rogers

Phone: 763.513.3445

[email protected] Polaris Investor Relations:

J.-C. Weigelt

Phone: 763.542.0525

[email protected]

KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: RECREATIONAL VEHICLES PERFORMANCE & SPECIAL INTERESTS SPORTS MOTORCYCLES OFF-ROAD TRUCKS & SUVS OUTDOOR MOTORCYCLES MOTORSPORTS AUTOMOTIVE GENERAL AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING

SOURCE: Polaris Inc.

Copyright BusinessWire 2022.

PUBLISHED: 06/16/2022 16:30 / DISK: 06/16/2022 16:32

http://www.businesswire.com/news/home/20220616005849/en

Notice to all seekers of space, calm and tranquility! Welcome to the beautiful Flora Acres in Antioch! This solidly built and extremely well maintained 0.9 acre home is bigger than it looks! Inside you’ll find a 5-bedroom, 2.5-bathroom Cape Cod cottage with a full basement that has everything on your first floor wish list: newly remodeled master suite with full bath and walk-in closet , lots of living space for entertaining, brand new washer/dryer, plus an additional four season room addition that can be used as an office or bonus room. The second floor includes three bedrooms with good sized wardrobes, a completely renovated bathroom, two linen rooms, a huge walk-in closet, as well as an attic for storage. Basement features include: another full bedroom that would be perfect for an exercise room or in-law arrangement, a large “mancave” or entertainment area with bar, plus a huge storage room for all your “extras” in life. Even the 2.5 car garage has another walk-in storage for all your outdoor accessories. New carpets, paint, electrical outlets and light fixtures throughout most of the house. The mechanics are extremely well maintained and updated in 2020. Live in the countryside in a quiet neighborhood with beautiful scenery, but maintain your suburban lifestyle just 6 minutes drive from Piggly Wiggly and Jewel-Osco grocery stores, 7 minute drive to Lake Villa Metra station, 8 minute drive to Lake Villa Post Office, 12 minute drive to Walmart, 13 minute drive to Home Depot and 18 minute drive to Interstate 94. Another major advantage: small and personalized Emmons School District 33 with only 287 students in the entire K-8 school district! Enjoy the chain of lakes all summer long! Buy a house where you can live on vacation every day! Book your screenings today! This amazing home, land, neighborhood and location won’t last long!

A historic Toorak house, similar to a secret building from 007, has flown out of the market. And while there’s no tech savvy ‘Q’ on hand, this cool property has plenty of gadgets to impress.

An iconic Toorak mansion with a secret spy-like garage that once housed a famous caterer sold out in just 10 days.

The French-inspired home in 7 Ottawa Road houses a driveway featuring a hidden remote-controlled panel that allows authorized visitors direct access to the basement and James Bond-style six-car art gallery, located next to a wine cellar.

The property was advertised with price hopes of $12-12.8 million.

RELATED: The late John McMurrick’s Toorak mansion sells for over $19 million

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Interested buyers were invited to submit expressions of interest by June 20.

However, Robert Fletcher, director of Forbes Global Properties, 60 people inspected the three-bedroom home in its first week on the market.

“A local family who have long admired the property took the time to acquire it,” Mr Fletcher said.

He declined to comment on the sale price, but the Herald Sun understands the abode sold for a sum at the upper end of its price range.

Mr Fletcher said he was not surprised by the level of interest in the house which has 3.5m high ceilings, large fireplaces and French windows.

“I think because it’s an iconic property, a lot of people want to come and see what it’s all about,” he said.

The stately home previously sold in 2019 for $11.1 million.

Mr Fletcher said the seller did not use the site as a primary residence.

The property was built by renowned caterer Peter Rowland, whose company caters for some of Melbourne’s biggest events, including the Melbourne Cup Carnival, Formula 1 and Motorcycling Grand Prix and the Australian International Airshow.

Sign up for the Herald Sun’s weekly real estate update. Click on here to get the latest Victorian property market news straight to your inbox.

AFTER: Scott and Alex Pendlebury List Architect-Designed Elwood House

Namarong: Bold renovation helps elevate Armadale’s price record

Collingwood: French Opera-style Foy and Gibson warehouse conversion, with bathtub on balcony

Originally published as Toorak mansion with James Bond-style garage posts ‘ghost-tacular’ sale in just 10 days

Mike Varney may be in his 12th year at the helm of the restaurant that bears his name, but he knows it will soon be time to move on.

Varney has been trying to sell the building containing Varney’s Coney Island Café and nearby ice cream shop for three years. He received offers, but didn’t feel they were worth the previous 11 years he spent on them.

Varney used to run the restaurant with his wife, but after she died five years ago he began to lose interest.

“I’ve been in the restaurant business for 40 years,” Varney said. “I made more than enough money to retire. The property is worth incredible money to me with the marina, campground and M-25. It’s a beautiful place to live.

Originally from Oakland County, Varney started working in the industry at a Big Boy establishment when he was 14, then ran Lafayette Coney Island in the Oakland Mall in Troy for 10 years. He also spent time working in shipping and receiving which earned him good money until 9/11 when he was forced to return to the restaurant business because that was what he knew.

“No one was hiring managers in shipping and receiving unless they had degrees and all kinds of technical computer experience, and I don’t,” Varney said.

During a period when Varney and his wife, originally from Croswell, were unemployed, they spent a birthday at Harbor Beach and fell in love with the area. They missed out on buying another restaurant in town, but then rented the Coney Island Café space from Varney for three years before buying the whole place.

The square previously had a party store, but Varney removed it because the cafe was busy and needed the extra space. The menu has changed over the years depending on the desires of customers. The cafe also has a commercial size smokehouse for barbecuing.

Varney hopes his cafe will remain a restaurant, but acknowledged the new owners might have ideas for additions for things not currently being sold.

“I’m still only 58, so I have a few more years to go before I even think about getting desperate,” Varney said. “So it can be on sale for another two years.”

Although retirement isn’t happening yet, Varney plans to stay at Harbor Beach, preferring its beauty to the concrete jungle where he comes from. He wants to use his toys because he has hardly had the opportunity because of his restaurant.

“I have motorcycles, snowmobiles, jet skis, four-wheelers,” Varney said. “I can use the boat with Lake Huron right behind me.”

Varney’s favorite memories come from whenever customers receive their food and it’s something they’ve never seen before, like when they order omelettes and see they’re the size of a balloon. of football.

“I know skillets are popular around town, but at least 80 percent of people who order a skillet here have never heard of them,” Varney said, as well as when people order strawberry French toast and qu they see it stacked with candy. . “I guess it’s just the look on customers’ faces that they’re happy.”

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Jessie’s Run on Father’s Day? Yes, you should do it for the family and for the community.

When it comes to garage sales or jumble sales, you never know what you’re going to get.

“This will be your staple garage sale, so there will be everything from soup to nuts,” said Lorraine Williams, former president of the local’s Canadian Progress Club Floss (Service in love, kindness and strength).

To paraphrase Forrest Gump, when it comes to the upcoming service club sellout, there’s one thing you know for sure, you’ll be helping support a group of individuals whose love of the sport is matched only by their love of life: the athletes involved in Special Olympics.

She recalled the overwhelming enthusiasm she witnessed from the athletes at the Special Olympics Summer Games hosted by St. Albert in 2009.

“These kids were just rockin’…it’s just amazing to see. They are so happy. They just have an exuberance that no one else has.

It’s one of the reasons she’s hoping to have an athlete meet at the event, but details are still being worked out. Special Olympics is the charity of choice for the national level of the Canadian Progressive Club (CPC), although individual chapters always strive to keep their fundraising in their local communities, she noted.

The next cash fundraiser will take place on Sunday, June 5, from 10 a.m. to 4 p.m. at the Grandin Clubhouse, just to the right of the Grandin Outdoor Pool located on Grenfell Avenue. As you’d expect, there will likely be a wide variety of household items, CDs and DVDs, books, games, clothing, and more.

“All kinds of treasures,” Williams said.

To get involved with SILKS, the group meets the first and third Wednesdays of the month (except December, July and August) at Sorrentino’s St. Albert. Meetings begin at 6:30 p.m. in the Don Andrews Room.

For those interested in learning more about St. Albert Special Olympics and their various activities, please visit specialolympics.ca/alberta/st-albert.

Jessie’s House wants you to break free

The Break Free 5/10K run and walk are lined up for a Father’s Day walk down the path, whatever your pace. Children participate for free if you want to make it a family event. It is a facet of Morinville Holiday Days so after sweating it out during Break Free, you can head to the middle or go straight to the Morinville Farmer’s Market.

All proceeds from the charity event will directly benefit the Jessica Martel Memorial Foundation, the operator of Jessie’s House. In 2021, the facility helped 248 residential customers and 65 community customers through its outreach program. This year would have been busier than ever and public support is essential to help the community break the cycle of abuse and violence.

Register on jessicamartelmemorialfoundation.com/break-free-run. The event begins at 9 a.m. Sunday, June 19 at Morinville Fish and Game Pond, 10621 107 St. It costs an individual participant $50 for the 5k and $60 for the 10k. You can also sponsor a participant or a volunteer if you wish to offer time as a gift.

Before the race, you could take a ride

Dad’s motorcycle ride isn’t just a great reason to go for a thunderous ride with a group of new friends. It is also a fundraiser to help in the fight against prostate cancer.

Since 2007, Ride’s Edmonton Chapter has raised over $3 million for the cause. The organizers offer a simple and vital message to all men over 40: get checked out by your doctor.

Proceeds from our annual events are invested in groundbreaking cancer research and life-saving public awareness campaigns about the importance of how early detection of this disease saves lives.

The event takes place on Sunday, June 11, with registration and breakfast from 7:30 a.m. to 9:45 a.m., with crutches at 10 a.m. sharp. Meet at Blackjacks Roadhouse, 2110 Sparrow Dr., Nisku. Registration is $40 before the 11th, $50 on the day or is free if you ride with $100 or more in pledges.

Visit ridefordad.ca/chapter/edmonton for more info or to register.

Funds raised by the Edmonton Ride for Dad chapter remain in the Edmonton area, with research funds used by Dr. John Lewis and his team at the University of Alberta. They have developed new, state-of-the-art early detection protocols that allow for less invasive testing and more accurate diagnosis of prostate cancer.