Arctic Cat Unveils First Wave of New 2016 Side-by-Sides and ATV Product Lines
By Business Wire News
By Business Wire News
Arctic Cat Inc. (NASDAQ:ACAT) today unveiled its first wave of 2016 model year off-road vehicles during its annual summer sales meeting in Orlando, Florida. The 2016 lineup features seven all-new products, including four Special Edition models built in limited quantities, powered-up Wildcat™ Sport models and the introduction of the new Alterra all-terrain vehicle (ATV) brand.
Commented Arctic Cat President and Chief Executive Officer Christopher Metz: “We unveiled exciting new special editions and models to meet the needs of several market segments. We are executing against aggressive and exciting new product development plans. These new 2016 side-by-sides and ATV models are just the beginning of the innovation that we intend to bring to market, as we strive to create the ultimate off-road riding experience.”
The 2016 model Arctic Cats will be available at dealerships beginning in September, along with an all-new full line of SPEED High Performance Accessories for Arctic Cat’s Wildcat line, influenced by racer Robby Gordon and aftermarket innovator Todd Romano. (See separate SPEED Accessories news release announced today.)
Arctic Cat is offering 32 North American models in its first wave of introductions. For more information on the full line of Arctic Cat 2016 ATV and side-by-side recreational off-highway vehicle (ROV) models, visit arcticcat.com.
New 2016 Model ROVs
Wildcat – Arctic Cat unveiled a more powerful Wildcat Sport and two new 2016 special edition Wildcat models in the side-by-side ROV segment. Arctic Cat’s full line of Wildcats – from the trail legal Wildcat Trail, mid-size Wildcat Sport, extended chassis Wildcat X and 4X four-seat models – continues to provide a wide range of vehicle sizes, trim levels, shock packages and performance to meet every riding style.
The new 2016 Wildcat Sport models gain a 5 percent increase in engine power, derived from an all-new and innovative free-flowing exhaust system. All Wildcat Sport models have a mid-sized 60-inch wide chassis, and feature a low center of gravity and high power-to-weight ratio, ensuring quick acceleration and climbing ability that gives drivers confidence.
A new Wildcat X Special Edition features aluminum bumpers, color-matched beadlock wheels and roof, and desert tan colored bodywork. Also new is the Wildcat Trail Special Edition featuring full-sized doors, color-matched aluminum wheels, and an industry-first color combination of true timber camo and orange metallic paint.
The Wildcat X and 4X models stay true to their rugged roots, delivering professional performance, but receive all-new Duro PowerGrip tires and an attractive, aggressive price point versus the competition.
Prowler HDX Utility – Arctic Cat’s new 2016 Prowler HDX side-by-side utility models include the Prowler HDX 700 SE Hunter Special Edition featuring an electric bed lift, painted aluminum wheels, a 5,000-lb. winch, gun scabbard and true timber camo livery.
The company extended its Prowler HDX XT line, which is the ultimate working machine. An all-new 2016 HDX 500 XT is ready to take on tough tasks, complementing the 2016 HDX 700 XT in Arctic Cat’s utility lineup. The 500 has an industry-leading payload with a tilting 2-in-1 cargo box that converts to a flatbed for 1,000 lbs. of carrying capacity. Side and under hood compartments store work essentials, while a three-person bench seat provide flexibility when the cargo includes a couple extra helping hands. The HDX 500 also comes with tilt steering, new body styling and an automotive-style hood.
New 2016 ATVs
Alterra – Arctic Cat debuts the Alterra name on ATVs (formerly the XR line) built to handle all terrains. Arctic Cat’s new Alterra platform showcases best-in-class performance, features, styling and overall value.
New for model year 2016, Arctic Cat introduced the Alterra 400 and 450 models, which include the brand new body style and industry-leading capabilities of the full-sized Alterra, adapted for the more compact 400 and 450 mid-sized machines. Featuring new bodywork, racks and headlights, the Alterra models provide the ultimate workhorse in a nimble, lightweight and versatile package.
The company plans to expand the Alterra line into other growth segments.
TRV – Arctic Cat’s new two-up rider model, the TRV 700 Special Edition, features a 3,000-lb. winch, color-matched aluminum wheels, and the choice of true timber camo/orange metallic or black metallic colored bodywork.
About Arctic Cat
The Arctic Cat brand is among the most widely recognized and respected in the recreational vehicle industry. The company designs, engineers, manufactures and markets all-terrain vehicles (ATVs), side-by-sides and snowmobiles, in addition to related parts, garments and accessories under the Arctic Cat® and Motorfist® brand names. Arctic Cat Inc. is headquartered in Minneapolis, Minnesota. Its common stock is traded on the NASDAQ Global Select Market under the ticker symbol “ACAT.” More information about Arctic Cat and its products is available at www.arcticcat.com.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements. The company’s Annual Report, as well as the Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission, the company’s press releases and oral statements made with the approval of an authorized executive officer, contain forward-looking statements that reflect the company’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. The words “aim,” “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that indicate future events and trends identify forward-looking statements including statements related to our fiscal 2016 outlook, business strategy, expected inventory reductions, product introductions and demand. Actual future results and trends may differ materially from historical results or those anticipated depending on a variety of factors, including, but not limited to those set forth in the company’s Annual Report on Form 10-K for the year ended March 31, 2015, under heading “Item 1A. Risk Factors.” The company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.