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Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports Market

Business

Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports Market
Business

Business

Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports Market

2024-11-21 21:31 Last Updated At:21:55

Sets a New Standard in the Industry for Comfort, Functionality, and Affordability in the Six-Seater UTV market

GARLAND, Texas, Nov. 21, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of its latest 2025 UTV model, the Buck 550-6 Crew, specifically designed to meet the needs of families and outdoor enthusiasts, or light-duty work around a property.

The newly redesigned Buck 550-6 Crew UTV sets a new standard for comfort, functionality, and affordability in the six-seater UTV market. The UTV is purpose-built to cater to a diverse range of consumers, and features a compact and versatile design making it particularly well-suited for the growing demographic of older users. Its low ground clearance eliminates the challenges of entering and exiting the cabin, addressing a longstanding market need.

This model fills a gap in the market for lightweight, comfortable recreational vehicles seating four to six passengers, all while maintaining an MSRP of only $11,999—making it the most affordable option in its class. Additionally, with its unparalleled price-to-performance ratio, the Buck 550-6 Crew satisfies the rising demand for affordable, high-quality UTVs in today's economic climate.

The Buck 550-6 Crew UTV is available for purchase now through one of Massimo's more than 2,800 partner locations.

Highlights of the 2025 Buck 550-6 Crew

"The 2025 Buck 550-6 Crew is meeting market needs with consumer-focused design, and represents our continued commitment to innovation and quality," said David Shan, Founder, Chairman & CEO of Massimo. "This vehicle meets the demands of families, outdoor enthusiasts, and light-duty users, all while offering the most competitive price in the market. We believe this UTV will set a new standard in the industry and drive significant growth for Massimo Motor."

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 UTV's, 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 manufacturers and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo is also developing 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 massimomotor.com and massimomarine.com.

Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements 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 include information concerning statements regarding future cash needs, future operations, business plans and future financial results; and any other statements that are not historical facts. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the "Risk Factors" section of Massimo's Registration Statement on Form S-1 for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com

Investor Relations 
Chris Tyson 
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports Market

Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports Market

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Deep Dive into Today's Clothing Shoppers

2024-11-22 09:30 Last Updated At:09:45

BANGKOK, Nov. 22, 2024 /PRNewswire/ -- On November 18, 2024, Ms. Melissa Bastos, Director of Corporate Strategy and Insights for Cotton Incorporated shared marketing data and analyses about consumer attitudes and habits relating to apparel shopping based on company's latest global market research with the professionals from the textile apparel industry at the media sharing session in Bangkok, Thailand.

Ms. Bastos oversees consumer attitude and behavioral research and retail assessments in the United States, Latin America, Korea, Thailand and other Asian countries. As a non-for-profit organization dedicated to promoting cotton products, Cotton Incorporated's mission is to increase the demand for and profitability of cotton. The company keeps providing valuable market insights to help industry players understand the current state of the cotton consumer market and optimize and promote cotton products.

Bastos pointed out that more consumers are shopping online because of the ease of access to styles and prices, but more than 60 percent of consumers are experiencing problems with the quality of their products. She noted that cotton products are often perceived as comfortable, durable and trustworthy, so more than half of consumers globally say they are willing to pay more for cotton clothing.

"Denim is an important cotton product." Bastos said that the global denim market is expected to grow by 36 percent between 2023-2029, with 87 percent of Thai consumers saying they like to wear jeans, and half of those female consumers will pay for new styles of jeans.

Bastos emphasizes that more and more consumers within the market are now concerned about the sustainability of their garments, and that factors such as the use of natural fibers and sustainable production may influence their decision when purchasing jeans. In the context of the active implementation of traceability strategy in the industry, cotton, as the most often traced material, continues to optimize product performance while increasing the commercial value of cotton products.

In addition to in-depth research on marketing data, Cotton Incorporated also focuses on sustainability, launching environmental initiatives such as the Blue Jeans Go Greenâ„¢ denim recycling program, which increases consumer awareness and purchasing habits of sustainable cotton products and further strengthens the market position of cotton products.

For more information about cotton, you can visit the Cotton Incorporated website (www.cottoninc.com) to access a wealth of industry data, including market data, cotton sustainability, cotton production information, trend forecasting, and performance technologies related to cotton.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Deep Dive into Today's Clothing Shoppers

Deep Dive into Today's Clothing Shoppers

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