snow mobile: Arctic Cat Canada

arctic cat canada

MINNEAPOLIS, MN – August 25, 2010 – (Motor Sports Newswire) – Arctic Cat Inc. (Nasdaq: ACAT) announced today that the company has entered into an agreement with TCF Commercial Finance Canada, Inc., in which TCF becomes the exclusive provider of in Canada. With exactly the same price as the direct competitor, the Polaris RZR 4 XP 900 EPS, the 2013 Arctic Cat Wildcat 4 is aiming for a very specific target. However, there's more than 2 extra seats for this fancy off-road machine: the Wildcat 4 comes BRP sued Arctic Cat in the U.S. and Canada three years ago for patent infringement on snowmobiles BPR designed, alleging violations starting in 2003. In an interview with the Montreal Gazette, Boebel said Arctic Cat’s lawsuit was unrelated to any earlier Textron Financial Canada and TCFCFC have agreed that TCFCFC will acquire substantially all the existing Arctic Cat floorplan receivables owing to Textron Financial Canada in a subsequent transaction which should close on or prior to October 1, 2010. Arctic Cat has issued a recall on 19,000 of its 2012 snowmobiles sold in Canada and the U.S. due to possible steering problems. The company says it has had four reports of faulty steering mechanisms, including one complete loss of steering control. MINNEAPOLIS--(BUSINESS WIRE)--Arctic Cat Inc. (Nasdaq: ACAT) announced today that the company has entered into an agreement with TCF Commercial Finance Canada, Inc., in which TCF becomes the exclusive provider of inventory floorplan financing for Arctic .

Arctic Cat said it would take a $7 million charge this year to help reduce dealers' older inventory more quickly. The company also said international sales would fall this year due to "macroeconomic headwinds" and adverse foreign exchange in Canada See the models here. Toll-free numbers are available for consumers to call with questions: 1-800-279-6851 (U.S.), 1-800-373-0717 (Canada). Arctic Cat is headquartered in the Twin Cities and has major manufacturing operations in Thief River Falls The gross profit margin decline stemmed primarily from the timing of OEM sales, ATV warranty expense and the unfavorable Canadian currency exchange, as approximately 30 percent of Arctic Cat’s annual sales are to Canada. Operating profit in the 2015 Arctic Cat (ACAT - Snapshot Report The company markets its products through a network of independent dealers located throughout the contiguous US and Canada, and through distributors representing dealers in Alaska, Europe, the Middle East, Asia .

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