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Review SEMA and State of the Industry Panel 2010 Las Vegas Nevada

Tuesday, November 9, 2010

The Scooter Maven was asked to give his expert advice on the state of the US industry and its outlook for 2011.

http://www.mrp-speed.com


Powersports dealers should not miss the high-level training from industry experts Gart Sutton & Associates (GSA). Topics include parts and accessories, finance and insurance, sales, service and dealership management. Tuesday morning's state-of-the-industry panel will feature: • Craig Cervenka: One of the original employees and currently OEM relations manager of Powersport Network (PSN). • Joel Martin "THE SCOOTER MAVEN" - President of MRP the leading third party industry parts supplier for scooters, atvs, and go-karts. • Jim Rasmus: Founder and president of Retail Design Associates (RDA), a supplier of powersports facility and merchandising design and training. • Philip McCaleb: Founder and president of Genuine Scooters • Dean Kelly: Associate publisher of Motorcycle Product News. • Gart Sutton: Industry writer and consultant, founder and president of Gart Sutton & Associates, Inc., a training, consulting and 20-group services company recognized as the industry's top authority on dealer profitability. • Richard Kimes: Director of marketing for Helmet House Inc., a major supplier of aftermarket powersports apparel and accessories.



LAS VEGAS, NV -- November 2, 2010 During the state of the market industry panel presented by Gart Sutton & Associates the president of Martin Racing Performance Joel Martin announced the latest merger and acquisition of the company. "I am proud to announce MRP has obtained all the assets of United Motors, this includes the largest private label Hyosung OEM parts cache in North America as well as the complete lineup of accessories and parts." United Motors formerly Jincheng USA (1996-1999) had been a staple of the US Powersports Industry since 1996 when they opened their first US office in Miami, FL as United Motors of America. The company expanded to 400 dealerships by 2003 and began importing the Hyosung private label motorcycles in 2006. The company imported and distributed ATVs, Scooters, and Motorcycles up to 650cc. Mr. Martin continued "We strongly believe that many dealers and end users have become orphan customers without access to many of these parts, it is our duty to consolidate this part of the industry, to help the dealers find UM parts, and to provide our customers with a one-stop location for all their parts. No other competitor in the industry offers Korean parts for scooters or motorcycles like we do since we acquired Daelim earlier this year." He continued "It is our intent to reach out to ATK and work with them in making sure clients in North America have access to the Hyosung parts." Martin further stated this was the largest acquisition of its kind and would take several months to merge into the current MRP inventory. All former United Motors dealers, Hyosung dealers, and ATK dealers are encouraged to open an MRP account to help them in finding / obtaining parts. Privately held United Motors of America ceased its US operations in February 2010. The company continues to operate in Colombia and other parts of Central and South America. MRP purchased the inventory and assets from the banking institutions that held the liens on the company, MRP is not responsible for any warranties, liabilities, or consumer issues. About MRP MRP is a leading supplier of OEM and performance parts having over 30,000 SKUs for hard to find Chinese, Korean, Taiwanese, Japanese, and European scooters. It is the one and only source of OEM Malaguti ( Italy ), TNG -- CMSI Scooters, Diamo -- LS Motorsports, Italjet America, CPI Scooters and ATVs from Taiwan and more. The company also offers exclusive lines such as Bertoni sunglasses, Armadillo Clothing and Gear, Scooter Ninja Taiwan race accessories, NG Disk Brakes from Spain, and Turbo Kit exhausts. MRP since 2009 has acquired and merged over 8 US Distributors including well known industry distributors CPI -- JAG, TNG, Diamo, Italjet America, Keeway Southeast, and United Motors of America. For more information on MRP visit: http://www.mrp-speed.com

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