Latest news with #MassimoGroup
Globe and Mail
4 days ago
- Automotive
- Globe and Mail
Massimo Group (NASDAQ: MAMO) Expands Retail Footprint into Oregon and Arkansas
Massimo Group (NASDAQ: MAMO) announced that its subsidiary, Massimo Motor, has secured licensing with partners to launch sales in Oregon and Arkansas, adding more than 100 big-box retail locations to its existing network. Products are expected to be available in early September, with the expansion projected to boost holiday season sales. The move follows strategic sourcing and logistics enhancements, including expanded factory partnerships in Vietnam, that have improved lead times, product flow and operational flexibility to meet seasonal demand. To view the full press release, visit About Massimo Group Massimo Group is a manufacturer and distributor of manufacturers of powersports products. Headquartered in Texas, the company offers a full lineup of UTVs, ATVs, and minibikes built for outdoor adventure. Massimo Group is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States. About InvestorWire InvestorWire ('IW') is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge. For more information, please visit Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: InvestorWire Austin, Texas 512.354.7000 Office Editor@ InvestorWire is powered by IBN
Yahoo
4 days ago
- Automotive
- Yahoo
Massimo Motor Expands Sales Network into Oregon and Arkansas, Adding Over 100 Locations
GARLAND, Texas, Aug. 12, 2025 /PRNewswire/ -- Massimo Motor, a subsidiary of Massimo Group (NASDAQ: MAMO), today announced it has successfully obtained the necessary licensing with its partners to launch sales of its products in the states of Oregon and Arkansas. This expansion will add over 100 new big-box retail locations to Massimo's existing footprint. Products are expected to be available in these new markets in early September. This expansion is projected to add significant sales during the holiday season based on current initial stocking and re-order trends at the company's existing footprint. "In recent weeks, we've had productive discussions with top-tier retailers, and the traction we're seeing in core markets continues to accelerate," said David Shan, CEO of Massimo Motor. "Adding Oregon and Arkansas is a significant milestone that strengthens our retail presence and positions us for anticipated sustained growth." This expansion comes on the heels of strategic enhancements to Massimo's global sourcing and logistics model, including expanded factory partnerships in Vietnam. These improvements have reduced lead times, improved product flow, and increased operational flexibility — enabling the company to scale effectively with seasonal demands in Q3 and Q4 while maintaining strong dealer and customer support. "We're seeing real momentum across the board," Shan added. "From product availability to partner readiness, Massimo is well-positioned to meet market needs as we enter a peak sales cycle — and this move into Oregon and Arkansas is just the beginning." About Massimo Group (NASDAQ: MAMO)Massimo Group is a manufacturer and distributor of powersports products. Headquartered in Texas, the company offers a full lineup of UTVs, ATVs, and mini bikes built for outdoor adventure. Massimo Group is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States. Forward-Looking StatementsThis press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo's future results of operations and financial position, Massimo's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those under "Risk Factors" in filings with the SEC made by Massimo. Moreover, Massimo operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. CompanyDr. Yunhao ChenChief Financial OfficerMassimo Groupir@ Corporate CommunicationsIBNAustin, OfficeEditor@ View original content to download multimedia: SOURCE Massimo Group
Yahoo
11-02-2025
- Automotive
- Yahoo
Massimo Moves MVR Golf Cart Production to U.S. to Enhance Quality Control and Market Positioning
GARLAND, Texas, Feb. 11, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) is proud to announce the transition of its MVR Golf Cart series production to its facility in Garland, Texas. By assembling these vehicles domestically, Massimo ensures stricter quality control while strategically positioning itself within the U.S. market. This move aligns with the company's commitment to delivering high-quality vehicles while adapting to the evolving trade landscape. Recently, U.S. trade regulators took action against unfair practices in the low-speed personal transportation vehicle market. A petition was filed highlighting how certain foreign manufacturers, benefiting from government subsidies, were able to export vehicles at significantly lower costs. This created an uneven playing field. Following an investigation, the U.S. Department of Commerce determined that these manufacturers engaged in unfair trade practices. As a result, countervailing duties and antidumping tariffs have been imposed, ranging from 149% to 500%, depending on the manufacturer. By shifting production to the U.S., Massimo is proactively addressing these trade challenges while reinforcing its commitment to high manufacturing standards. Additionally, the company is actively exploring strategic partnerships in Vietnam to diversify its supply chain and mitigate potential cost increases from tariffs affecting imports from China. "We are committed to providing our customers with the highest quality golf carts while ensuring long-term business sustainability," said David Shan, CEO of Massimo Motor. "Bringing production to our Texas facility strengthens our supply chain, enhances quality assurance, and positions us competitively in the U.S. market. Our customers and dealer partners can continue to rely on Massimo for innovative and reliable personal transportation solutions." Massimo will continue to offer its MVR Series golf carts through its extensive network of retail and dealer partners across the United States. This move ensures continued product availability while reinforcing the company's role as a leader in the personal transportation market. About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTVs, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style mini-bikes. Massimo Marine manufactures and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo also manufactures electric versions of UTVs, golf-carts and pontoon boats. The company's 376,000 square foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit and Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo's future results of operations and financial position, Massimo's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those under "Risk Factors" in filings with the SEC made by Massimo. Moreover, Massimo operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. CompanyDr. Yunhao ChenChief Financial OfficerMassimo Groupir@ Corporate CommunicationsIBNAustin, OfficeEditor@ View original content to download multimedia: SOURCE Massimo Group Sign in to access your portfolio
