KYMCO USA and Kolpin Powersports Sign Exclusive Partnership

dguetter

• July 15 2008
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Spartanburg, SC — KYMCO USA has announced an agreement with Kolpin Powersports that will expand the accessories options available for KYMCO ATVs and UTVs. This exclusive partnership gives KYMCO dealers across the US the ability to sell Kolpin’s industry-leading line of accessories. It also calls for the two companies to develop a line of co-branded items exclusive to KYMCO.

The program will be rolled out in three phases over the next 12-18 months. Initially KYMCO USA will distribute the full line of Kolpin ATV/UTV accessories through its dealer network. In phase two Kolpin will develop specialized packages specific to KYMCO models, specifically the new MXU 375 4×4 and UXV 500 side-by-side. KYMCO and Kolpin will then go on to jointly develop proprietary accessories unique to KYMCO. These will be co-branded by the two companies.

“We are very pleased to partner with an industry leader like Kolpin. We’ve been developing a strategy to offer our dealers best-in-class products and Kolpin is clearly a great choice to assist us in solidifying this strategy”, said Eric Bondy, President & CEO of KYMCO USA.

According to Tom Lutes, President & CEO of Kolpin Powersports, “When we decided to strategically go after an import brand as an additional avenue in the market, KYMCO was the only one we considered. That’s a testament to what they have achieved as far as credibility. They were our first target and our only target.”

The joint agreement was announced by Bondy and Lutes at the KYMCO USA national dealer meeting, where it was met with an extremely positive reception. At that time KYMCO also unveiled its new UXV 500 side x side and the all-new MXU 375 with electronic, shift-on-the-fly 4 WD and fully independent suspension front and rear.

The Kolpin brand is steeped in a tradition of innovation, quality, and reliability. The company was founded in 1943, and Kolpin products have moved forward for over 60 years, making them the industry’s trusted outfitter for outdoor adventures, farm work and construction.

Their joint agreement provides an opportunity for both Kolpin and KYMCO USA to continue to deliver highly engineered and innovative products to the powersports market.

About Kolpin Powersports
Kolpin Powersports Inc. is a growth-oriented marketer and manufacturer of innovative ATV and UTV accessories. Since 1943, we have made no compromise in our thinking. After more than 60 years, we continue to innovate and engineer only the highest quality accessories. Kolpin Powersports remains the leader in ATV and UTV product development and has repeatedly redefined the industry with patented innovations such as the world-renowned Gun Boot® cases and brackets, Stealth Exhaust, DirtWorks™ System and a large assortment of ATV and UTV accessories. In 2008, Kolpin Powersports continues our tradition of innovation by introducing several new products to market for ATV’s and UTV’s.

About KYMCO USA
KYMCO’s roots in the motorsports industry go back to its founding in 1963, as the Kwang Yang Motor Company, Ltd., with headquarters in Taiwan. Long a leader in quality, fuel economy, and versatility, today KYMCO manufactures motor scooters, motorcycles, and ATVs at five plants in Asia, including the main facility in the city of Kaohsiung.

KYMCO is the largest scooter manufacturer in Taiwan, and currently exports to 88 countries worldwide. All KYMCO plants use the latest technology for the engineering and production of reliable engine, chassis, and other components. Since 2004, KYMCO has been officially accredited for ISO-9001 quality in manufacturing, KYMCO is committed to maximum customer satisfaction and constant innovation, making use of the most advanced CAD/CAE tools to bring superior engineering and design to their products.

The company’s partner in the United States is KYMCO USA, with headquarters, marketing and distribution centered in Spartanburg, South Carolina. KYMCO USA is dedicated to building the brand’s reputation and market share through superior value, frequent new product introductions, strategic industry partnerships, and excellence in dealer network support. KYMCO USA has a reputation and expertise gained through over 30 years in the U.S. motorsports industry.