Tag Archives: TeamMoto

Indian opens in two Queensland dealerships

Indian Motorcycle Australia has announced two new dealerships in Queensland to replace the company dealership in Brisbane.

The opulent two-storey Fortitude Valley dealership will close on 24 July 2020.

Motorcycle industry dealer showroom deal stores
Brisbane Indian Motorcycle dealership is in a mainstream motor vehicle retail area

Existing dealerships

It will be replaced by joining two existing multi-brand dealerships.

One will be a TeamMoto dealership in Moss St, Springwood, south of Brisbane, and the other an Ultimate Motorbikes dealership on Lawrence Drive, Nerang, on the Gold Coast.

In January, the company surprised its customers when it announced it would close its four company-owned dealerships in Brisbane, Sydney, Melbourne and Perth.

Sources told us it was part of a long-term plan to move from company-owned dealerships to independent dealerships.

In February, they signed an agreement with TeamMoto, the biggest dealership network in Australia. Its owner, MotorCycle Holdings has 48 franchises operated from 31 dealerships and eight retail accessory locations in Queensland, New South Wales, Victoria and The Australian Capital Territory.

The deal did not preclude the company from signing on more dealers as this latest announcement shows.

Ultimate Motorbikes also has dealerships in Springwood and Ipswich.

TeamMoto will also sell Indian motorcycles at Penrith and Auburn in western Sydney, and Keilor East and Dandenong in Melbourne.

A statement on a dealer for Perth is yet to be made.

stores Victory-Indian-Perth-Dealership-Artistic-Render.jpg
Perth store opened in 2016

An official Indian Motorcycle Australia statement says the new dealerships will include:

  • Indian Motorcycle trained sales staff;
  • Full model lineup of Indian Motorcycles;
  • Demo fleet for test rides;
  • Indian Motorcycle trained technicians for all service and warranty work;
  • Large range of accessories and apparel on display; and
  • Shop rides and events (when possible).

“The expansion of our dealership network and moving out of the central city locations will give our customers greater and easier access to our dealerships nationwide and provide more than one location in each of the state capitals, providing more options for our customers,” they saids back in February.

“We have very high standards when it comes to how and where the Indian Motorcycle brand is represented and the level of service our dealerships offer our customers.”

Their statement said parent company Polaris was working with MCH to keep current staff employed at the new dealerships.

No other market around the world had experienced the luxury of palatial company-owned Indian dealerships which offered a heightened customer service for the revived brand. 

Many in the industry and in the company, as well as customers, acknowledged that it was an excessive and unsustainable business model.

Source: MotorbikeWriter.com

Motorcycle sales up, but shares slump

Shares in Australia’s biggest motorcycle dealership conglomerate, MotorCycle Holdings, reports increase revenue and bike sales, yet shares have dropped 13.7% to a six-month low.

MotorCycle Holdings, which owns TeamMoto dealerships among others and Cassons accessories, released its six-month results showing new motorcycle sales were up 1% while the total Australian new bike/ATV/scooter market fell 6.1% last year.

The report says their used bike sales were up 6.2% compared with the same period in 2019 and overall sales of new and used were up 3.5%.

Acquisitions

CEO David Ahmet says the company strategy is “growth through acquisitions and diversification”.

Last month, the company acquired rights to sell Indian motorcycles in six of its dealerships: Springwood in Brisbane, Nerang on the Gold Coast, Penrith and Auburn in western Sydney, and Keilor East and Dandenong in Melbourne.Indian Motorcycle Riders Group

It follows the announcement in January that Indian Motorcycle would close its factory owned dealerships in Sydney, Melbourne, Brisbane and Perth this year. A statement on a dealer to replace their Perth store is expected to be made “in the near future”.

MotorCycle Holdings also bought two dealerships in late 2019 which are claimed to be “outperforming expectations”.

The company now has 48 franchises operated from 31 dealerships and eight retail accessory locations in Queensland, New South Wales, Victoria and The Australian Capital Territory.

No interim dividend has been declared so the company can “take advantage of any acquisition opportunities that may arise”.

Shares slump

shares teammotoMotorcycle Holdings share price history

MotorCycle Holdings went public in 2016 at about $2.50 a share, reached a peak of $5.22 at the end of 2017 and hit a record low of around $1.25 in May last year.

The Indian announcement bumped the share price about 5c to $1.80.

However, it is now down to $1.50, despite a 31% increase in revenue to $178.2m.

Apart from the impact of bushfires and coronavirus, the problem seems to be that net profit after tax is now $4.8m for the half year compared with $5.2m for the 2019 comparative six months.

Ahmet says the overall new motorcycle market is beginning to stabilise.

However, January sales figures have actually dropped -10.2% on January 2019.

Source: MotorbikeWriter.com

Motorcycle Holdings / TeamMoto to retail Indian Motorcycles

Indian appoints Motorcycle Holdings retail network

Earlier this year, Polaris Inc. announced its intention to move to a solely independent network of Indian Motorcycle dealers in Australia during 2020, a change from the current network structure of both company-owned and independent dealers.

The transition away from company-owned dealerships in Melbourne, Sydney, Brisbane and Perth in favor of a fully-independent network will provide Indian Motorcycle with the opportunity to significantly expand its dealer network to provide customers with greater access to Indian Motorcycle across Australia.

Polaris Inc. have announced that they have entered into an agreement with MotorCycle Holdings Limited (ASX: MTO) to retail the Indian Motorcycle brand through six of their existing dealerships in Queensland, New South Wales and Victoria, vastly increasing the network coverage and support offered by the Indian Motorcycle brand.

MotorCycle Holdings will represent the Indian Motorcycle brand in Brisbane, Gold Coast, two locations in Melbourne and two locations in Sydney. All locations are anticipated to be operational by mid-2020, a transition that will see a smooth supply and service for existing and new Indian Motorcycle customers as each company-owned Indian Motorcycle dealership closes.

Alan Collins
Managing Director of Polaris Australia & New Zealand

“We are very excited to be partnering with Australia’s premier retailer of motorcycles, Motorcycle Holdings, as we write the next exciting chapter for Indian Motorcycle in Australia,” said Alan Collins, Managing Director of Polaris Australia & New Zealand. Both Indian Motorcycle and MotorCycle Holdings share the same vision for the premium experience and service expected by Indian Motorcycle customers, with a commitment to continue the brand experience which has been cultivated so beautifully through our company-owned dealerships over the past years.

“Whilst the partnership with MotorCycle Holdings is a very significant step in our transition to a fully independent network, we will have further network announcements to make over the course of this year to ensure we can provide greater coverage, accessibility and service for Indian Motorcycle customers nationwide, including those in regional Australia.

“We’d also like to reiterate that we anticipate no interruption to sales or customer
service during this transition.”

Indian Challenger Limited

Indian Challenger Limited

Indian Motorcycle

Indian Motorcycle will also be making an announcement in the near future regarding the plans for its dealer network in Perth.

There will be plenty of familiar faces for customers in the MotorCycle Holdings Indian dealerships, with Polaris and MotorCycle Holdings working together in an effort to keep staff from the current company-owned dealerships working with the Indian Motorcycle brand under the new network structure.

Indian Motorcycle will be represented by MotorCycle Holdings dealerships in the following locations:

  • Springwood, Queensland
  • Nerang, Queensland
  • Penrith, New South Wales
  • Auburn, New South Wales
  • Keilor East, Victoria
  • Dandenong, Victoria

Indian Challenger Limited

Indian Challenger Limited

Indian Challenger Limited
Source: MCNews.com.au

TeamMoto offers free licence training

In a bold move to get more riders on motorcycles, TeamMoto has offered free motorcycle licence training if you buy a motorcycle from them this month (May 2019).

It’s a clever sales tactic as sales continue their two-years-plus slide.

While all dealers are feeling the pinch, the most public example is TeamMoto whose parent company MotorCycle Holdings went public in 2016 at about $2.50 a share.

They reached a peak of $5.22 at the end of 2017 and the company is now down to a record low of around $1.25.

MotorCycle Holdings TeamMoto offers free motorcycle licence
MotorCycle Holdings share price

Free licence deal

Other dealers who also do licensed motorcycle training have previously bundled in the cost of getting a licence with the purchase of a bike.

Some have offered refunds on training if you then buy from them. This TeamMoto deal also includes that option.

But we haven’t seen it advertised this way before that you buy the bike and they throw in a free training course.

While it seems a clever idea and a welcome enticement to start riding, buyers should be aware that it’s just another discount on the whole package price.

TeamMoto is a big dealership group with a lot of buying power and has been heavily discounting bikes for some time.

In a recent article Norton importer and multi-franchise dealer James Mutton said this sort of big-business discounting devalues motorbikes and hurts the industry.

James Mutton Brisbane Motorcycles discounting teammoto
James Mutton

“The MotorCycle Holdings business model revolves around sales volume, finance and discounts,” James told us in February.

“Customers are now able to buy a new bike at a really good price but it has no value on resale.

“So there is now a stack of cheap second-hand bikes on the market. Used bike sales are doing well, but at the expense of new bike sales.

“Customers now expect discounts on all new bikes which is a bubble that will eventually burst.”

The discounting is not just on cheap bikes, but also prestige brands.

James says the depreciation in the value of new prestige bikes is eroding the loyalty of riders to these brands and causing long-term damage to brand image.

Legal offer

Despite claims of this deal being morally and financially dubious, some might see the free licence offer as a conflict of interest when the seller is also the trainer.

This was brought up and dismissed in the review of Q-Ride training a few years ago.

However, it is not illegal.

Transport and Main Roads (TMR) says it does not regulate the price of Q-Ride courses. 

“Q-Ride Registered Service Providers (RSP) may also be motorcycle dealers or affiliated with motorcycle dealers,” a spokesperson told us.

“We are aware dealers may sell motorcycles and offer packages where a licence course is included in the price.

“All Q-Ride RSPs must deliver the standardised training curriculum as per the Q-Ride scheme requirements.

“There is no proven link between the price or commercial packaging of a Q-Ride course and the quality of training provided.”

TeamMoto deal

MotorCycle Holdings TeamMoto offers free motorcycle licence
Part of the TeamMoto promotion

The TeamMoto deal is only valid for this month when a learner buys a new or used motorcycle from TeamMoto stores.

If you already have your licence, you can transfer the free training offer to “get your mates riding too”, their advertising says.

“Sometimes just having friends to ride with can double the experience of riding a motorcycle,” it says.

The free certified licence training for this promotion is only available Tuesday to Friday at “Motorcycle Riding Schools” at 59 Moss St, Slacks Creek, and subject to availability.

It is limited to Q-Ride sanctioned courses for pre-learners and RE licence and valid for up to 90 days.

Weekend courses are also available but are not redeemable as part of this offer.

If you complete one of these courses during the promotional period, you can get a refund for the course if you purchase a new or used bike from TeamMoto within 60 days.

Source: MotorbikeWriter.com

Save up to 85% with TeamMoto’s Christmas Sale

Find your inspiration at TeamMoto this Christmas!


Santa has traded his sleigh in for two wheels; and with Christmas fast approaching – it’s time to go shopping! Whether you’ve got that impossible-to-shop-for rider in the family, or someone who knows exactly what they want, TeamMoto have 50 pages of great deals.

Team Moto Christmas Sale
There’s great deals on gear and apparel

This is TeamMoto’s biggest Christmas sale ever, with savings of up to 85% on your favourite brands this festive season!

There’s 50 pages of gift ideas including gear, accessories and practically everything motorcycling you can think of. Plus if you still can’t decide, there’s always the gift voucher…

Team Moto Christmas Sale
Check out the Team Moto Christmas deals

TeamMoto also offer Zip Pay in-store to make gift buying easy as well, so check out the full catalogue packed with great deals at the TeamMoto website (link)!

Team Moto Christmas Sale

Team Moto Christmas Sale

Source: MCNews.com.au

TeamMoto Motorcycles launch Australia’s biggest bike sale!

TeamMoto Motorcycles launch Australia’s biggest bike sale!
TeamMoto Sale Yamaha
TeamMoto Sale!

Over 250 models slashed to clear

Top Deals

2018 YAMAHA WR450F, SAVE $2610

2017 HONDA CRF450R, SAVE $3,844

2018 KAWASAKI KX450F, SAVE $3,804

2017 YAMAHA TRACER 900, SAVE $5,615

2016 KTM 1290 ADVENTURE TOUR, SAVE $6,900

2018 KTM 1290 SUPERDUKE R, SAVE $4,915

2017 MV AGUSTA F3 675 RC, SAVE $7,014

TeamMoto Sale KTM
TeamMoto Sale!

– All your favourite manufacturers: Yamaha, Honda, Kawasaki, Suzuki, KTM, Triumph, BMW and MORE at TeamMoto

TeamMoto Sale Honda
TeamMoto Sale!

– Learner approved, Motocross, Sportsbikes, Cruisers, Kids bikes, and MORE

TeamMoto Sale Various
TeamMoto Sale!

Save up to $7,000!

In house finance and insurance

+ HUNDREDS MORE ONLINE NOW AT TEAMMOTO.COM.AU

Sale across 10 manufacturers

All 16 locations, from Cairns to Frankston.

TeamMoto Sale Poster
TeamMoto Sale!

– PLUS submit a finance application and go in the draw to share in $5000 worth of prizes.

TeamMoto Sale Comp
Make a finance application and win!

Terms and conditions apply