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): March 7, 2001





                                  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 5.  Other Events.

         On March 7, 2001, A.S.V., Inc. ("ASV") issued a press release
         disclosing its financial results for the three and twelve months ended
         December 31, 2000. In addition, the press release contained information
         regarding a conference call to be held March 7, 2001 during which ASV
         intends to discuss its financial results for the three and twelve
         months ended December 31, 2000 and its outlook for fiscal year 2001.

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

Item 7.  Financial Statements and Exhibits.

         (c)  Exhibits

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

         99          Press release dated March 7, 2001


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 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: March 7, 2001



                                                A.S.V., Inc.


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



                                  EXHIBIT INDEX


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

            99        Press release dated March 7, 2001



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