MOTORSPORT AFTERMARKET GROUP (MAG) EXPANDS INTO JAPAN

Posted on February 12, 2011

IRVINE, Calif., Feb. 7, 2011: Motorsport Aftermarket Group (MAG), a family of leading brands and businesses in the motorsport industry, is expanding its sales and marketing efforts in Japan and setting its sights on Asia’s recovering American motorcycle market.
“This move reflects our belief that Japan’s market is on the rebound,” said MAG President & CEO Brian Etter. “MAG’s family of brands plans to be there when it does. Right now we’re laying groundwork for new products and brands, as well as supporting the increasing demand for our existing brands of accessories and aftermarket products. In terms of products and service, MAG continues to support current Japanese owners of American motorcycles in ways they absolutely require. No other company goes to the lengths we do to support Japanese motorcyclists who desire premium American-engineered aftermarket motorcycle parts and accessories.”
Etter announced Yoshi Kitaura would be Managing Director of the new MAG Japan offices, reporting to Thomas Breed, MAG’s Managing Director of International Sales. Areas of growth in Japan for the MAG portfolio of brands include distribution and sales of Vance & Hines, Kuryakyn, Renthal, Progressive Suspension, Performance Machine, RSD, and Mustang Seats. “Focusing on the v-twin, sport, and dirt markets in Japan will allow MAG to understand, develop, and supply the evolving Asian marketplace,” Breed said. “We are aware that markets around the globe vary dramatically, requiring local knowledge and cooperative partners to fuel MAG’s future growth and success.”
“MAG has been building its accessory businesses in Europe, South America, and the Middle East,” Etter said. “Opening up offices in Japan will begin our focus on the Pacific Rim. Our premium brands are global leaders in innovation, and we want customers around the world to be able to enjoy them. With Yoshi on board, expanding our reach in Asia is the obvious next step.”

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About Motorsport Aftermarket Group
Founded in 2000 and headquartered in Irvine, Calif., Motorsport Aftermarket Group (MAG) is a family of leading brands and businesses in the motorsport industry. MAG businesses and brands operate worldwide as independently managed business units. MAG businesses and brands work together in product design and development, marketing and advertising, and special events, and receive support from the MAG corporate office in the areas of business development, finance, sourcing, information technology, sales, marketing and administration. For more information, visit www.maggroup.com.