Recreatives Industries, Inc. (OTC:RECX) Partners with FreedomRoad Financial to Offer Consumer Financing for New MAX Amphibious ATVs
Recreatives Industries (OTC:RECX) has partnered with FreedomRoad Financial to provide consumer financing for MAX Amphibious 6x6 All-Terrain Vehicles. Through this partnership, qualified buyers can purchase a base model MAX 2 (MSRP $14,699) with $0 down and $259/month payments. The company resumed production of its 2025 MAX 2 model in June 2024, targeting 300-400 vehicles production in 2025. Recreatives plans to invest in marketing and rebuild its North American dealer network, which previously exceeded 200 dealers. The company aims to compete in the global ATV/UTV market, expected to exceed $10 billion in 2024 with 5% annual growth over the next decade.
Recreatives Industries (OTC:RECX) ha stretto una partnership con FreedomRoad Financial per offrire finanziamenti ai consumatori per i veicoli anfibi MAX 6x6 All-Terrain. Grazie a questa collaborazione, i compratori qualificati possono acquistare un modello base MAX 2 (prezzo di listino $14.699) con $0 di anticipo e pagamenti mensili di $259. L'azienda ha ripreso la produzione del suo modello MAX 2 del 2025 a giugno 2024, puntando a produrre tra 300 e 400 veicoli nel 2025. Recreatives prevede di investire nel marketing e ricostruire la sua rete di concessionari in Nord America, che in precedenza superava i 200 concessionari. L'azienda mira a competere nel mercato globale degli ATV/UTV, che si prevede supererà i 10 miliardi di dollari nel 2024 con una crescita annua del 5% nel corso del prossimo decennio.
Recreatives Industries (OTC:RECX) se ha asociado con FreedomRoad Financial para ofrecer financiamiento al consumidor para los vehículos anfibios MAX 6x6 All-Terrain. A través de esta asociación, los compradores calificados pueden adquirir un modelo base MAX 2 (precio sugerido $14,699) con $0 de entrada y pagos mensuales de $259. La compañía reanudó la producción de su modelo MAX 2 de 2025 en junio de 2024, con el objetivo de producir entre 300 y 400 vehículos en 2025. Recreatives planea invertir en marketing y reconstruir su red de distribuidores en América del Norte, que anteriormente superaba los 200 distribuidores. La empresa busca competir en el mercado global de ATV/UTV, que se espera supere los $10 mil millones en 2024 con un crecimiento anual del 5% en la próxima década.
레크리에이티브 인더스트리(OTC:RECX)는 FreedomRoad Financial과 제휴하여 MAX 수륙 양용 6x6 전지형 차량의 소비자 금융을 제공하고 있습니다. 이 파트너십을 통해 적격 구매자는 기본 모델 MAX 2(소비자권장가격 $14,699)를 $0의 계약금과 월 $259의 할부로 구매할 수 있습니다. 회사는 2024년 6월에 2025년 MAX 2 모델의 생산을 재개하여 2025년 300-400대의 생산을 목표로 하고 있습니다. 레크리에이티브는 마케팅에 투자하고 이전에 200개 이상의 대리점이 있던 북미 대리점 네트워크를 재건할 계획입니다. 이 회사는 앞으로 10년 동안 연간 5% 성장할 것으로 예상되는 2024년 100억 달러를 초과할 글로벌 ATV/UTV 시장에서 경쟁할 것을 목표로 하고 있습니다.
Recreatives Industries (OTC:RECX) s'est associé à FreedomRoad Financial pour offrir un financement aux consommateurs pour les véhicules tout-terrain amphibies MAX 6x6. Grâce à ce partenariat, les acheteurs qualifiés peuvent acquérir un modèle de base MAX 2 (prix de détail conseillé 14 699 $) sans apport et avec des paiements mensuels de 259 $. L'entreprise a repris la production de son modèle MAX 2 de 2025 en juin 2024, visant une production de 300 à 400 véhicules en 2025. Recreatives prévoit d'investir dans le marketing et de reconstruire son réseau de concessionnaires en Amérique du Nord, qui comptait auparavant plus de 200 concessionnaires. L'entreprise vise à se positionner sur le marché mondial des ATV/UTV, qui devrait dépasser 10 milliards de dollars en 2024, avec une croissance annuelle de 5 % au cours de la prochaine décennie.
Recreatives Industries (OTC:RECX) hat sich mit FreedomRoad Financial zusammengeschlossen, um Verbrauchermöglichkeiten für die MAX Amphibien 6x6 All-Terrain-Fahrzeuge bereitzustellen. Durch diese Partnerschaft können qualifizierte Käufer ein Basis-Modell MAX 2 (UVP 14.699 $) ohne Anzahlung und mit monatlichen Raten von 259 $ erwerben. Das Unternehmen hat im Juni 2024 die Produktion seines 2025 MAX 2 Modells wieder aufgenommen und plant, 2025 zwischen 300 und 400 Fahrzeuge zu produzieren. Recreatives plant, in Marketing zu investieren und sein Händlernetz in Nordamerika, das zuvor über 200 Händler umfasste, wieder aufzubauen. Das Unternehmen strebt an, im globalen ATV/UTV-Markt zu konkurrieren, der 2024 voraussichtlich über 10 Milliarden $ übersteigen wird, mit einem jährlichen Wachstum von 5 % im nächsten Jahrzehnt.
- New financing options making products more accessible with $0 down payment
- Production resumption with 300-400 vehicle target for 2025
- Previous dealer network capacity of over 200 dealers indicates growth potential
- Operating in a growing market projected to exceed $10 billion in 2024
- Currently in rebuilding phase of dealer network
- production forecast compared to industry size
BRADENTON, FL / ACCESSWIRE / November 4, 2024 / Recreatives Industries, Inc. (OTC PINK:RECX) ("Recreatives" or the "Company"), manufacturer of MAX Amphibious 6x6 All-Terrain Vehicles (www.maxatvs.com), is pleased to announce the Company has partnered with FreedomRoad Financial, a national powersports lending company providing retail loans exclusively through authorized OEM and dealer partners.
Extending consumers the option to finance MAX ATVs through FreedomRoad Financial factory-direct and through Authorized MAX dealers is the Company's next step towards developing the brand into a viable contender in the global ATV and UTV market, which is expected to exceed
Through this partnership, qualified consumers can purchase a base model MAX 2 (listed at
Recreatives resumed production of its MAX 2 model (2-passenger) in June 2024 and is now manufacturing the 2025 model year. Leading into a production forecast of 300-400 MAX 2 vehicles in 2025, Recreatives will begin to invest extensively in marketing the MAX brand and re-establishing its dealer network in North America, which previously exceeded 200 MAX ATV dealers.
Recently, Recreatives received national exposure from DealerNews Magazine in a three part series about the history of the Amphibious ATV industry, which was published in three issues between August 2024 and October 2024. The Company was also notified that a previous generation of its MAX 4 model that Recreatives recently refurbished was featured nationwide on FOX News during an interview with Grey Bull Rescue Foundation, which rescued over 30 people in the following days after Hurricane Milton made landfall in Florida.
This recent exposure has resulted in the Company receiving an influx of inquiries from dealers and consumers in the US and Canada.
We encourage investors to follow Recreatives on X.com (formerly Twitter) to receive regular corporate updates and for communication purposes. To learn more about MAX ATVs and for general inquiries, please visit www.maxatvs.com or contact 1-800-255-2511.
About Recreatives Industries, Inc.
RECREATIVES INDUSTRIES, INC. ("RECX") is the manufacturer of MAX amphibious six-wheel-drive (6x6) all-terrain vehicles (www.maxatvs.com), originally manufactured by Recreatives Industries Inc. of Buffalo, NY, from 1970 to 2013. RECX is continuing MAX's brand legacy of 53 years by relaunching the entire MAX ATV product line from existing, proven designs, which will ensure a rapid re-entry into the global ATV and UTV. Beyond traditional MAX ATV production, RECX plans to diversify its product line by introducing new vehicles and products to market in a compressed timeframe. The company's planned diversification includes larger eight-wheeled vehicles (8x8) as well as electric vehicle (EV) drivetrains to draw on recent advancements in battery and drive motor technology, which make fitment in smaller vehicles possible. RECX management believes that electric vehicles can ultimately offer performance that exceeds that of the traditional mechanical transmissions that most all-terrain vehicles employ.
Safe Harbor
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, intended to be covered by the "safe harbor" created by those sections. Any statements that are not historical facts contained in this press release are also "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA). Such statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be canceled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or maintain contractual relationships with vendors and customers, competition, general economic conditions and other factors that are detailed in our periodic reports filed with the Securities and Exchange Commission (" SEC "). We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA, Securities Act, and Securities Exchange Act.
CONTACT:
Recreatives Industries, Inc.
Investor Relations
ir@recreatives.com
1-800-255-2511
www.recreatives.com
SOURCE: Recreatives Industries, Inc
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FAQ
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