STOCK TITAN

Motos America Enters Iconic Santa Monica Market as Dealership Network Continues to Grow

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Motos America, a premium motorcycle dealership consolidation company, announced the addition of Triumph Santa Monica to its network, marking the 13th location. This expansion into the Santa Monica market is expected to enhance revenue, drawing from the area's active motorcycle enthusiast community.

The new dealership is situated on Santa Monica Blvd and offers a comprehensive range of services, including financing, sales, maintenance, customization, and parts for both new and pre-owned motorcycles.

CEO Vance Harrison emphasized the significance of this milestone for the company's growth and commitment to delivering excellence in the premium powersports industry. Motos America is also hiring for various positions such as sales associates, service technicians, and managerial roles.

Positive
  • Expansion to a new location in Santa Monica, the 13th dealership in the network, indicating growth.
  • Santa Monica market recognized for its potential revenue impact due to a thriving motorcycle enthusiast community.
  • Comprehensive service offerings at Triumph Santa Monica, including financing, sales, maintenance, customization, and parts for new and pre-owned motorcycles.
  • Positive CEO statement emphasizing the milestone's importance and potential for long-term shareholder value.
Negative
  • No specific financial data or projected revenue figures provided.
  • Potential challenges in integrating new hires and maintaining operational efficiency across an expanding network.

Triumph Santa Monica dealership represents the 13th location in the network

SALT LAKE CITY, UT / ACCESSWIRE / May 16, 2024 / Motos America Inc. (OTC PINK:MTAM)("Company"), a premium motorcycle dealership consolidation company and lifestyle brand, announces the latest addition to its nationwide dealership network, Triumph Santa Monica.

Motos America CEO Vance Harrison stated, "Expanding our footprint in the Santa Monica market is a significant milestone for the Company, both in terms of validation, and the potential revenue impact derived from its thriving motorcycle enthusiast community. We are grateful for the ongoing growth of our nationwide network and remain dedicated to delivering excellence in the premium powersports industry while building long-term shareholder value."

Triumph Santa Monica, located on historic Santa Monica Blvd, is the region's premier Triumph Flagship store. As a full-service dealership the location provides financing, sales, maintenance, customization, and parts for a robust inventory of new and pre-owned motorcycles. Santa Monica is a coastal city west of downtown Los Angeles widely known as the centerpiece of sunny California with its legendary beaches fringed by Palisades Park overlooking the Pacific Ocean.

As Motos America continues to expand, it is actively seeking talented individuals to join its team. The Company is hiring for a variety of positions, including sales associates, service technicians, and managerial roles. Interested candidates are encouraged to make their mark in the motorsport industry by emailing their interest and/or resumes to jobs@motosamerica.com.

About Motos America
Motos America Inc. is a premium European motorcycle dealership consolidation company and lifestyle brand. The Company purchases and operates powersports dealerships, with an emphasis on European luxury motorcycle brands. For more information about Motos America and our dealerships, please visit the company website at https://www.MotosAmerica.com.

Forward-Looking Statements
This Press Release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties, including, among other things, statements regarding our business strategy, future revenues and anticipated costs and expenses. Such forward-looking statements include, among others, those statements including the words "expects," "anticipates," "intends," "believes" and similar language. Our actual results may differ significantly from those projected in the forward-looking statements. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report. We undertake no obligation to publicly release any revisions to the forward-looking statements or reflect events or circumstances after the date of this document. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

CONTACT:
Investor Relations:
CORE IR
(516) 222-2560
investors@motosamerica.com

SOURCE: Motos America Inc.



View the original press release on accesswire.com

FAQ

What is the significance of Motos America's expansion into Santa Monica?

The expansion into Santa Monica is significant for Motos America as it represents their 13th dealership, expected to boost revenue from the city's active motorcycle enthusiast community.

What services does the new Triumph Santa Monica dealership offer?

Triumph Santa Monica offers financing, sales, maintenance, customization, and parts for both new and pre-owned motorcycles.

What positions is Motos America hiring for?

Motos America is hiring for various positions, including sales associates, service technicians, and managerial roles in their expanding network.

Where is the new Triumph Santa Monica dealership located?

The Triumph Santa Monica dealership is located on historic Santa Monica Blvd, a key area in the coastal city of Santa Monica, west of downtown Los Angeles.

How does Motos America's CEO view the expansion into Santa Monica?

CEO Vance Harrison views the expansion into Santa Monica as a significant milestone that validates the company's growth and potential for long-term shareholder value.

MOTOS AMERICA INC

OTC:MTAM

MTAM Rankings

MTAM Latest News

MTAM Stock Data

5.00k
513.49k
72.92%
Auto & Truck Dealerships
Consumer Cyclical
Link
United States of America
Salt Lake City