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

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-02-26</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>2008-02-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>27133380</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.00</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>27210765</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote (1) (2)</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On February 26, 2008, Terex Minnesota, Inc. (&quot;Sub&quot;) accepted for payment an aggregate of 27,133,380  shares of common stock, par value $0.01 per share, of A.S.V., Inc. (the &quot;Company&quot;) pursuant to a tender offer, including the 5,242,450 shares subject to the Tender, Voting and Option Agreement, dated as of January 13, 2008, between Terex Corporation (&quot;Parent&quot;), Sub and Caterpillar Inc. (the &quot;Shareholder&quot;) as reported on the Form 3 filed by Parent on  January 18, 2008.   The amount of securities shown in this row is owned beneficially by Parent, through Sub.</footnote>
        <footnote id="F2">Sub is a wholly owned subsidiary of Parent, and as a result of this relationship, Parent may be deemed to share beneficial ownership of the securities shown in this row.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Phillip C. Widman, Senior Vice President and Chief Financial Officer</signatureName>
        <signatureDate>2008-02-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
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X0202
4
2008-02-26
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
2008-02-26
4
J
0
27133380
18.00
A
27210765
I
See Footnote (1) (2)
On February 26, 2008, Terex Minnesota, Inc. ("Sub") accepted for payment an aggregate of 27,133,380  shares of common stock, par value $0.01 per share, of A.S.V., Inc. (the "Company") pursuant to a tender offer, including the 5,242,450 shares subject to the Tender, Voting and Option Agreement, dated as of January 13, 2008, between Terex Corporation ("Parent"), Sub and Caterpillar Inc. (the "Shareholder") as reported on the Form 3 filed by Parent on  January 18, 2008.   The amount of securities shown in this row is owned beneficially by Parent, through Sub.
Sub is a wholly owned subsidiary of Parent, and as a result of this relationship, Parent may be deemed to share beneficial ownership of the securities shown in this row.
/s/ Phillip C. Widman, Senior Vice President and Chief Financial Officer
2008-02-28