Director Quits, Demands CEO Ouster Harley-Davidson (NYSE:HOG) just made headlines for all the wrong reasons investors had hoped. A Board member Jared Dourdeville, who represents 9% shareholder H Partners, suddenly resigned after a furious fallout over CEO succession and the iconic American company’s direction. With a sharply worded letter, Dourdeville cited cultural depletion, executive turnover, […]
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KTM has sold MV Agusta back to the Sardarov Family MV Agusta is returning to the control of the wealthy family that had previously owned the Italian brand, shortly after it had been purchased by a larger motorcycle company. If this sounds familiar, its deja vu indeed. The Castiglioni family regained full ownership of MV
MV Augusta escapes KTM $debtstorm Read More »
Boardroom Circuit of KTM KTM yearly 2024 revenue is down 29 percent as compared to 2023, and its earnings before interest, taxes, depreciation, and amortization (EBITDA) is apparently in the red to the tune of 300 million Euros. Pierer AG also notes on record that it’s cut around 1,800 employees so far. Stefan Pierer, who
Has KTM CEO actually resigned ? Read More »
LiveWire and Harley-Davidson are completely separate entities and companies. Yet, almost everything about LiveWire motorcycles is outsourced to Harley-Davidson–at least all that matters when it comes to an automotive company. LiveWire Group has signed a service agreement with Harley-Davidson. Under the excuse of a “strategic business move”, LiveWire Group, Inc., the manufacturer of loss making
Harley-Davidson to take on more functions of LiveWire Read More »
BMW’s CEO Says Electric Motorcycles Aren’t Ready to Compete With Gas Ones “Not now, maybe later.” BMW Motorrad’s new CEO Markus Flasch, who recently took over from Markus Schramm has shelved the company’s full-size EV superbike, the Vision DC Roadster, as well as made some interesting comments about the future of electric motorcycles at BMW
BMW’s CEO Says Electric Motorcycles Aren’t Ready Read More »
Editor’s Note: In our Weekly Thursday News for October 19th, 2023, we had featured excerpts of global mobility issues. It featured insight into the issues influencing and affecting mobility and EV from Bill Klehm, CEO of eMobillity solutions provider eBliss. Refer that news article by clicking here. We followed up by contacting Bill’s team. We
An Interview with Bill Klehm Read More »
CEO of eMobillity solutions provider eBliss delivers insight into transport & consumers Bill Klehm’s interview through Ujjwal Dey In our Weekly Thursday News for October 19th, 2023, we had featured excerpts of global mobility issues. It featured insight into the issues influencing and affecting mobility and EV from Bill Klehm, CEO of eMobillity solutions provider
An Interview with Bill Klehm Read More »
from https://www.cnbc.com/ Key Points : Harley-Davidson’s electric-motorcycle division will go public through a merger with a blank-check firm in a deal valued at $1.77 billion, the company said on Monday. The company launched LiveWire earlier this year, hoping to claw back lost market share as its core baby boomer customer base grows older and interest
Harley’s electric motorcycle division to go public via $1.7 billion SPAC deal Read More »
A fictional account of leadership and vision by the one and only J J Solari. Oh yes, we were talking about me and my vision for Harley-Davidson and whatever it is they do. While I am depicted here with my two-wheeled cycle of manly mayhem, you will notice I am not actually riding it. And
J J Solari on CEO of Harley-Davidson Read More »
by Rich Kirchen from https://www.bizjournals.com With Harley-Davidson Inc. chairman, president and CEO Jochen Zeitz repeating that the company’s electric LiveWire is “an extraordinary product,” details are emerging on a new model that will be called the LiveWire One. Motorcycle.com reported the name of the first LiveWire-branded electric motorcycle since Milwaukee-based Harley-Davidson announced establishing LiveWire as
Harley-Davidson’s new stand-alone electric motorcycle – LiveWire One Read More »
from https://www.financialexpress.com TVS announces new top management at Norton Motorcycles: 2021 V4SS to launch soon. With TVS infusing multi-million-pound investments, the Solihull facility will be the most advanced and modern plant that Norton has operated out of in its 122-year-old history. TVS Motor Company (TVS), owner of The Norton Motorcycle Co Ltd (Norton), today announced
New top management at Norton Motorcycles announced Read More »
by Reuters from https://auto.economictimes.indiatimes.com New Honda CEO aims for 100% electric vehicles by 2040 Speaking at his first news conference since taking the chief executive position at the beginning of April, Toshihiro Mibe said the company expects EVs and FCVs to account for 40% of sales by 2030 and 80% by 2035 in all major
Honda aims to have only electric vehicles sales by 2040 Read More »
by Phoebe Wall Howard from https://www.freep.com Ford CEO Jim Farley, owner of two classic Harley-Davidson motorcycles, has agreed to serve on the board of the Milwaukee-based company. The director nomination was submitted Friday by the motorcycle manufacturer’s CEO Jochen Zeitz as part of the 2021 Notice of the Annual Meeting of Shareholders and Proxy Statement,
Ford CEO Jim Farley nominated to Harley-Davidson board of directors Read More »
by Jim Osman from https://www.forbes.com Visionary CEO Keith E. Wandell should go down in history as the man who introduced the electric motorcycle to the US market and possibly the first CEO to bring it to the world. It was in 2011 that Mr. Wandell first showcased his unbranded team-made creation to a keen San
Why Harley-Davidson Is The Tesla Of Motor Bikes Read More »
from https://auto.economictimes.indiatimes.com Wine joined Polaris in 2008 as CEO and was elected as Chairman of the Board in 2013. Polaris Inc on Wednesday announced that Chairman and CEO Scott Wine will leave the company to assume the CEO role at CNH Industrial, the maker of Case and New Holland agricultural equipment. Wine joined Polaris in
CEO Scott Wine to leave Polaris Inc to lead CNH Industrial Read More »
by Rajesh Kumar Singh from https://www.reuters.com CHICAGO (Reuters) – An activist investor who shook up Harley-Davidson Inc (HOG.N) earlier this year said he is impressed with the changes initiated by new Chief Executive Jochen Zeitz to turn around the 117-year-old motorcycle company. Impala Asset Management, the $2.4 billion hedge fund, pushed for the ouster of
Harley’s activist investor backs business reboot strategy Read More »
by Dustin Wheelen from https://www.rideapart.com Hawking Hogs in the digital age. Many see a Harley-Davidson motorcycle as the symbol of a mid-life crisis, but for the past five years, the Motor Company has been going through its own identity crisis. From releasing the LiveWire to introducing the Pan America and the Bronx to the recent
Harley Creates Chief Digital Officer Role, Hires Former Bose Exec Read More »
by Ciara Linnane from https://www.marketwatch.com Harley-Davidson Inc. shares HOG, -0.75% slid 2.9% premarket Tuesday, after the iconic motorcycle company swung to a loss in the second quarter and unveiled an overhaul of its business that will see it exit certain markets and streamline its product line. Milwaukee-based Harley swung to a loss of $92 million,
by Christiana Sciaudone from https://www.investing.com/ Harley-Davidson (NYSE:HOG) has swayed yet another analyst that a turnaround will bear fruit. Shares are up 4.5% on Wednesday after UBS followed BMO Capital in upgrading the motorcycle maker. UBS bumped its rating to buy from neutral and gave Harley-Davidson a price target of $31, Seeking Alpha reported. The average
Harley-Davidson Racks Up Buy Ratings on Bets New CEO Can Turn Things Around Read More »
by Rahul Kapoor from https://www.financialexpress.com With Matt Levatich stepping down, Harley Davidson had appointed Jochen Zeitz to lead the brand in the interim. But Zeitz has now been appointed as the president and CEO for the Milwaukee based motorcycle manufacturer. Harley-Davidson, the iconic American motorcycle brand has elevated interim President and CEO Jochen Zeitz as
Harley-Davidson appoints Jochen Zeitz as President & CEO: New plan to redefine brand Read More »
by Margaret Naczek from https://www.bizjournals.com Amid the instability of the COVID-19 pandemic, Harley-Davidson Inc.’s acting president and CEO Jochen Zeitz reflected back on the advancements made in the More Roads to Harley-Davidson strategy in 2019. 2020 already was a pivotal year in the company’s strategic plan to grow more riders and expand dealership reach, but
#by Svea Herbst-Bayliss from https://www.reuters.com/ (Reuters) – Harley-Davidson Inc (HOG.N) said on Monday it settled a board fight with Impala Asset Management just days after the investor began pressing to replace two directors at America’s oldest and best-known motorcycle maker. An independent director, mutually agreed on by Impala and Harley, will join the board after
Harley-Davidson grants board seat to investor Impala Read More »
Following a tough fiscal 2019 where U.S. Harley-Davidson motorcycle sales were the lowest in at least 16 years, the Milwaukee manufacturer announced Feb. 28 that Matthew Levatich stepped down as president and CEO. Current Harley-Davidson (NYSE: HOG) board member Jochen Zeitz will serve as acting president and CEO. Harley-Davidson appoint Jochen Zeitz as president and
Harley-Davidson’s acting CEO Zeitz sees potential to revitalize motorcycle brand Read More »
MILWAUKEE (AP) — Harley-Davidson CEO Matthew Levatich is leaving the struggling motorcycle maker. The Milwaukee company announced Friday that Levatich will leave his post and seat on Harley’s board of directors. Board member Jochen Zeitz will become acting president and CEO while a board search committee is formed and Harley hires an outside search firm
Harley-Davidson CEO to leave struggling motorcycle maker Read More »
