<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-03-03</periodOfReport>

    <issuer>
        <issuerCik>0000926763</issuerCik>
        <issuerName>ASV INC /MN/</issuerName>
        <issuerTradingSymbol>ASVI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000097216</rptOwnerCik>
            <rptOwnerName>TEREX CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 NYALA FARM ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTPORT</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06880</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2008-03-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2164875</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>27718324</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote (1)</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">1. On March 3, 2008, the acquisition of A.S.V., Inc. (the &quot;Company&quot;) by Terex Corporation (&quot;Parent&quot;) was completed by means of a merger of Terex Minnesota, Inc., a wholly owned subsidiary of Parent, (&quot;Sub&quot;) with and into the Company (the &quot;Merger&quot;).  In the Merger, all outstanding shares of common stock of the Company (the &quot;Shares&quot;) (other than Shares held by Parent, Sub or any other wholly owned subsidiary of Parent or the Company and other than Shares as to which dissenters' rights are properly exercised under Minnesota law) were converted into the right to receive the same $18.00 in cash per Share, without interest, as was paid in the tender offer by Sub for all outstanding Shares of the Company.  As a result of the consummation of the Merger, the Company is now a wholly-owned subsidiary of Parent and Parent owns all of the outstanding Shares of the Company.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Eric I Cohen, Senior Vice President and Secretary</signatureName>
        <signatureDate>2008-03-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
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X0202
4
2008-03-03
0000926763
ASV INC /MN/
ASVI
0000097216
TEREX CORP
200 NYALA FARM ROAD
WESTPORT
CT
06880
0
0
1
0
Common Stock, par value $0.01 per share
2008-03-03
4
J
0
2164875
18.00
A
27718324
I
See Footnote (1)
1. On March 3, 2008, the acquisition of A.S.V., Inc. (the "Company") by Terex Corporation ("Parent") was completed by means of a merger of Terex Minnesota, Inc., a wholly owned subsidiary of Parent, ("Sub") with and into the Company (the "Merger").  In the Merger, all outstanding shares of common stock of the Company (the "Shares") (other than Shares held by Parent, Sub or any other wholly owned subsidiary of Parent or the Company and other than Shares as to which dissenters' rights are properly exercised under Minnesota law) were converted into the right to receive the same $18.00 in cash per Share, without interest, as was paid in the tender offer by Sub for all outstanding Shares of the Company.  As a result of the consummation of the Merger, the Company is now a wholly-owned subsidiary of Parent and Parent owns all of the outstanding Shares of the Company.
/s/ Eric I Cohen, Senior Vice President and Secretary
2008-03-05