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 24, 2001





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


          Minnesota                     0-25620                 41-1459569
(State or other jurisdiction   (Commission file number)      (I.R.S. Employer
      of 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 July 24, 2001, A.S.V., Inc. ("ASV") issued a press release
         disclosing its financial results for the three and six months ended
         June 30, 2001. In addition, the press release contained information
         regarding a conference call to be held July 24, 2001 during which ASV
         intends to discuss its financial results for the three and six months
         ended June 30, 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 July 24, 2001



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 24, 2001



                                         A.S.V., Inc.


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





                                  EXHIBIT INDEX
                                  -------------


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

         99        Press release dated July 24, 2001