SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549




                                    FORM 8-K


                Current Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934



         Date of Report (Date of earliest event reported): July 25, 2002




                                  A.S.V., INC.
             (Exact name of registrant as specified in its charter)


          Minnesota                      0-25620                  41-1459569
- -------------------------------   ------------------------   -------------------
(State or other jurisdiction of   (Commission file number)    (I.R.S. Employer
        incorporation)                                       Identification No.)



                  840 Lily Lane, Grand Rapids, Minnesota 55744
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (218) 327-3434







Item 7.           Financial Statements and Exhibits.
                  ---------------------------------

                  c.           Exhibits

                  Exhibit      Description of Exhibit
                  -------      ----------------------

                  99           Press release dated July 25, 2002

Item 9.           Regulation FD Disclosure.
                  ------------------------

                  On July 25, 2002, A.S.V., Inc. ("ASV") issued a press release
                  disclosing its financial results for the three and six months
                  ended June 30, 2002. In addition, the press release contained
                  information regarding a conference call to be held July 25,
                  2002 during which ASV intends to discuss its financial results
                  for the three and six months ended June 30, 2002 and its
                  outlook for the balance of 2002.

                  For additional information, see the press release included as
                  Exhibit 99 hereto.






 SIGNATURE

             Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this Report to be signed on its behalf by
the undersigned hereunto duly authorized.

Date:  July 25, 2002



                                       A.S.V., INC.


                                       By: /s/ Gary Lemke
                                           -------------------------------------
                                           Its:  President





                                  EXHIBIT INDEX




          Exhibit   Description of Exhibit
          -------   ----------------------

              
             99     Press release dated July 25, 2002