Speed UTV

Rorschach said:
Jean Girard or
Cal Naughton Jr? or maybe
Luscious Washington (with that look on his face)
.
.
.
Or Carley Bobby
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Who’s Jean Girard? I see Todd, Cal, Luscious, and Carly… :ROFLMAO:
 
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81 cars going on the Speed ride tomorrow. That’s pretty cool.

By Brother in Law was on the Parker AZ Arctic Cat XXtraviganza ride last weekend and they had 38ish XX’s and a few Speeds on that ride.
 
It’s easy for us that decided against making the deposit years ago to say we dodged a bullet. To watch this shat show unravel used to be fun for me. Mainly to watch the RG nut swingers eat crow. Now my feelings have turned. I really feel for all who took this venture and are watching the collapse. They have a ton of money wrapped up into a toy or “ race car “ that may not be worth crap in a couple more years. If Speed doesn’t get their crap together it will fall. The car that was once supposed to be ahead of the curve when delivered is now leaps and bounds behind.
 
Big_Daddy_Jp said:
It’s easy for us that decided against making the deposit years ago to say we dodged a bullet. To watch this shat show unravel used to be fun for me. Mainly to watch the RG nut swingers eat crow. Now my feelings have turned. I really feel for all who took this venture and are watching the collapse. They have a ton of money wrapped up into a toy or “ race car “ that may not be worth crap in a couple more years. If Speed doesn’t get their crap together it will fall. The car that was once supposed to be ahead of the curve when delivered is now leaps and bounds behind.
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NIKAL said:
81 cars going on the Speed ride tomorrow. That’s pretty cool.

By Brother in Law was on the Parker AZ Arctic Cat XXtraviganza ride last weekend and they had 38ish XX’s and a few Speeds on that ride.
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Haven't been paying a huge amount of attention to deliveries. Did you get yours yet?
 
Yeah tough position for Speed to be in that’s for sure. Not sure if it’s 46% across the board or if different industries and tariff codes will have different tariff percentages? It has been teared like that before. I’m not sure how Speed can absorb that, without having to add a tariff charge on its cars & parts. But then who’s going to want to buy it?

In the WSJ a couple weeks ago there was an article with Polaris and it said while it’s reduced its some of its Asia suppliers, Polaris is still spending $500 million dollars with Asian suppliers. Polaris said they will probably have to add some sort of surcharge on its vehicles & parts to absorb the increased costs. Same deal as Speed, how many are not going to want to pay a surcharge fee to buy a Polaris? Polaris & Can Am have been down double digit each quarter for the last two years.

BRP looks to have a rough road ahead too. Like Polaris, their sales have been way down since Covid ended. They have a corp office in Texas, and a few manufacturing facilities in the USA, but I believe it’s mostly for its marine divisions. I think Rotax has a plant in NC? But all its off road vehicles is manufactured in Mexico. No idea how much they bring in from Asia to Mexico? I think the majority of its snow machines are still built in Canada with some maybe built in Minnesota?

It will be interesting to see if the new Kawasaki, CFMoto & Segway that are slated to be release by September, get delayed to release? The Kawasaki KRX is built in Nebraska, but who knows how much of the parts are from outside the U.S.? CFMoto is to be manufactured in Mexico, near Polaris, Can Am & Hisun facility’s. But there is still Mexico tariffs on top of bring parts in from Asia. And Segway Powersports is designed in the U.S. and China, but built completely in Asia. I could totally see the Super Villain release being put on hold.
 
NIKAL said:
Yeah tough position for Speed to be in that’s for sure. Not sure if it’s 46% across the board or if different industries and tariff codes will have different tariff percentages? It has been teared like that before. I’m not sure how Speed can absorb that, without having to add a tariff charge on its cars & parts. But then who’s going to want to buy it?

In the WSJ a couple weeks ago there was an article with Polaris and it said while it’s reduced its some of its Asia suppliers, Polaris is still spending $500 million dollars with Asian suppliers. Polaris said they will probably have to add some sort of surcharge on its vehicles & parts to absorb the increased costs. Same deal as Speed, how many are not going to want to pay a surcharge fee to buy a Polaris? Polaris & Can Am have been down double digit each quarter for the last two years.

BRP looks to have a rough road ahead too. Like Polaris, their sales have been way down since Covid ended. They have a corp office in Texas, and a few manufacturing facilities in the USA, but I believe it’s mostly for its marine divisions. I think Rotax has a plant in NC? But all its off road vehicles is manufactured in Mexico. No idea how much they bring in from Asia to Mexico? I think the majority of its snow machines are still built in Canada with some maybe built in Minnesota?

It will be interesting to see if the new Kawasaki, CFMoto & Segway that are slated to be release by September, get delayed to release? The Kawasaki KRX is built in Nebraska, but who knows how much of the parts are from outside the U.S.? CFMoto is to be manufactured in Mexico, near Polaris, Can Am & Hisun facility’s. But there is still Mexico tariffs on top of bring parts in from Asia. And Segway Powersports is designed in the U.S. and China, but built completely in Asia. I could totally see the Super Villain release being put on hold.
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I think the big OEMs will wade through the tariffs and be fine. People are more apt to spend money on a known entity versus a smaller operation like Speed which was a shit show before the tariffs.

For Speed's sake they hopefully do not have too many deposit holder cars left to get made and delivered.
 
Well I guess the tariffs are not slowing CFMoto from releasing new models. CFMoto just released their new U10 inclosed cab hvac model. The U10 XL Pro Highland is $18K less than Polaris’s Ranger XD Northstar model. Looking at some specs, the Ranger XL beats the U10 in several categories, but for the price difference? Those differences might not matter to those who are buyers of this type of machine.


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NIKAL said:
Well I guess the tariffs are not slowing CFMoto from releasing new models. CFMoto just released their new U10 inclosed cab hvac model. The U10 XL Pro Highland is $18K less than Polaris’s Ranger XD Northstar model. Looking at some specs, the Ranger XL beats the U10 in several categories, but for the price difference? Those differences might not matter to those who are buyers of this type of machine.


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Maybe Trump imposed the tariffs because he knew CF Moto was coming for the American Polaris market. LOL!!!
 
NIKAL said:
To be fair, those were Robbys words. He said he was restrained by bean counters at both Polaris & Arctic Cat. He vowed to be different. It was not hard to believe him, especially in the early days as it was legit and he had well known people behind the project. Guys like Weddle said, this is legit and they are putting good stuff in these cars. But in reality with COVID shortages, inflation, the huge rise in cost in just materials. And then he’s contracted with a CM who it sounds like is the one who’s contracting & out sourcing most suppliers, and who is really cutting the cost & corners.

I truly believe RG had all the right intentions, but was very ignorant as to how this works, especially when you don’t own the manufacturing facilities or have prior relationships with these suppliers. If RG could snap his fingers and up the quality on parts with issues, we all know he would.

I also believe the CM is cutting quality & costs that RG does not know or has approved. I’ve been told RG gets really upset when he starts seeing a trend of the same issues that they were not seeing before, and then finds out something was changed that he was not made aware of.

What really upsets me though is the cost of Speed replacement parts. They are twice the cost of the other manufacturers, and unfortunately you have no aftermarket outlet to get many of these parts. $3000 for a primary clutch is insane! But what are you going to do? No one has aftermarket options.
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💯

We both know the aftermarket is not going to invest in something that not only may not be around in a few years, but something that only has a handful of units on the ground.

I watched One of Speeds infomercials on Instagram. I'll never forget watching Robbie standing there, with a wire harness in his hands saying...

"There is way more to this than I realized"

Ignorant indeed.
 
Boardmanville said:
His wheel fell off and is still trying to defend Speed.
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To be fair my question is a loaded one.

I read his posts on RDP and IMHO it sounded like a great trip, despite things that happen to everyone on long rides. The support, etc seemed exceptional.

That ride seemed like a success, share it HERE is my point.
 
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