by Ankit Ajmera from https://www.reuters.com (Reuters) – Harley-Davidson Inc (HOG.N) slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle demand in the first quarter. The company has $1.47 billion in cash and is in talks with big U.S. banks to […]
Harley-Davidson cuts dividend, halts buybacks to preserve cash Read More »
by Pradeep Shah from https://www.financialexpress.com China-made Brixton 1200 cleared for production: 1200cc modern classic has Bonneville T120 in its sights! About the new 1200cc model, Brixton says that it “shows the way of Brixton Motorcycles into even higher capacity classes and proves the development competence of our brand.” Brixton 1200 – a 1200cc modern classic
China-made Brixton 1200 cleared for production Read More »
It’s just life and it’s inspirational the Human Spirit By Bandit, Rogue Wayfarer, Barry Green, Bob T., Sam Burns, the Redhead, Laura, Andreas, Gearhead and the rest of the crew# Hey, I love all the doom and gloom, the blame and the conspiracy theories. As you will see, Joe Smith sent us some damn interesting
The Bright Light Bikernet Weekly News for April 23, 2020 Read More »
from https://auto.economictimes.indiatimes.com The coronavirus pandemic has sparked a surge in bike sales across the United States, according to a major manufacturer and a half dozen retailers interviewed by Reuters. “I’m 51 and healthy, but I don’t want to get on the subway,” said John Donohue, a Brooklyn-based artist who bought a bike two weeks ago.
Wary of public transport, coronavirus-hit Americans turn to bikes Read More »
by Dustin Wheelen from https://www.rideapart.com Even before the World Health Organization declared COVID-19 a pandemic on March 11, 2020, many financial experts were speculating on the impact of the global crisis. Once motorcycle manufacturers and dealerships closed their doors to observe social distancing orders and promote public safety, we knew that the market could undergo
Global Motorcycle Sales In Free Fall Due To COVID-19 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
We Can Party Once More, Hopefully We will continue to party until the end, whether they like it or not. The Bikernet Weekly News is sponsored in part by companies who also dig Freedom including: Cycle Source Magazine, the MRF, Las Vegas Bikefest, Iron Trader News, ChopperTown, BorntoRide.com and the Sturgis Motorcycle Museum. Most recently
The Cure Bikernet Weekly News for March 26, 2020 Read More »
by Express Drives Desk from https://www.financialexpress.com Panigale, Multistrada biggest contributors to growth The Panigale and the Multistrada are said to have played an instrumental role in helping Ducati sell more than 53,000 motorcycles worldwide in 2019. Ducati Motor Holding has announced that in 2019, the brand sold 53,186 motorcycles. Recoding a margin growth of 0.3%
Ducati sells over 53,000 bikes in 2019 Read More »
MOTORCYCLIST ADVISORY COUNCIL REAUTHORIZATION ACTION On February 3, 2020, U.S. Senators Ron Johnson (R-WI) and Gary Peters (D-MI) introduced S.3249 as a bipartisan companion to House bill H.R.5234, calling for the Secretary of Transportation to reauthorize the Motorcyclist Advisory Council established under the FAST Act of 2015. The “Motorcyclist Advisory Council Reauthorization Act”
NCOM BIKER NEWSBYTES Feb 2020 Read More »
I now have a new morning workout. I shovel and sweep snow for an hour to clear the historic sidewalk in front of our house on Jackson Street. I discovered yesterday that Jason, who owned Deadwood Custom Cycles lives on Taylor, less than a block away. I met with a contractor yesterday, Paul. He said
Wild Adventure Bikernet Weekly News for February 13th 2020 Read More »
by Margaret Naczek from https://www.bizjournals.com For 117 years Harley-Davidson Inc. has led the market in motorcycles and continues to hold a dominant market share in the U.S. heavyweight motorcycle market. Despite its dominance in motorcycles, fewer people are buying bikes, and the number of U.S. riders are growing at a slow pace. For several consecutive
Will 2020 mark a turnaround for motorcycle powerhouse Harley-Davidson? Read More »
Harley Davidson Street 750 was the first large-capacity motorcycle in India to become BS-VI compliant in the 750cc and above category. Premium motorcycle manufacturer Harley Davidson reported on Tuesday that it has sold more than 25,000 motorcycles since its inception in 2009. The company also informed that with this development, it completed a decade of
Harley Davidson sells over 25,000 motorcycles in India Read More »
by Carrigan Miller and Mark Reilly from https://www.bizjournals.com Polaris Inc. stock is up sharply Tuesday morning after the maker of ATVs, snowmobiles and motorcycles reported better-than-expected profits for the fourth quarter, driven in part by the rollout of a new Indian motorcycle. The Medina, Minnesota-based manufacturer posted income of $98.9 million for the quarter, or
Indian motorcycle sales surge 37% following rollout of Challenger Read More »
by Paul R. La Monica from https://edition.cnn.com/ New York (CNN Business)Harley-Davidson has a big problem. Americans aren’t riding its trademark hogs nearly as much as they used to do. Shares of Harley-Davidson (HOG) fell 3% in early trading Tuesday after the company reported sales and earnings that missed Wall Street’s forecasts. The stock is now
Harley-Davidson’s stock tanks as motorcycle sales continue to slide Read More »
The Progressive International Motorcycle Show rolled through Denver last weekend, and if memory serves, it was the first appearance in a half-decade or so. Colorado once had a major part in non-Harley-centric motorcycle drama. The Copper Mountain Cycle Jam was a giant event that featured the AMA Supermoto circuit amongst the high Rockies and brought
Denver Motorcycle Show reinforces industry’s new focus Read More »
May all bikers find their Nirvana in 2020 Hey, It’s an amazing week. I want it to be this amazing for all bikers all over the world. I want all of us to be building the coolest shit, riding to the coolest places, meeting the most beautiful girls and enjoying every minute of it. On
The Cloud Nine Bikernet Weekly News for January 23rd Read More »
by Renato Marques from https://macaudailytimes.com.mo The first-ever person of Portuguese nationality to hold the position, Jorge Viegas has served as president of the global governing and sanctioning body of motorcycle racing, the Fédération Internationale de Motocyclisme (FIM), for just over a year now. In an exclusive interview with the Times last week, Viegas shared his
Motorcycle racing in Asia is growing at unrivaled pace Read More »
From Helmet Laws to the Freedom to Race By Bill Bish, NCOM ALL MOTORCYCLE RIDERS URGED TO SUPPORT FEDERAL ANTI-PROFILING MEASURE RPM ACT TO PROTECT RACING HAS BEEN REINTRODUCED IN CONGRESS CONGRESS EXTENDS TAX CREDITS FOR ELECTRIC MOTORCYCLES HELMET REPEAL EFFORTS ACROSS THE COUNTRY NEW DRIVER ACCOUNTABILITY LAW IN OREGON WASHINGTON STATE ENDEAVORS TO MAKE
NCOM Biker Newsbytes for January 2020 Read More »
by Peter Valdes-Dapena from https://edition.cnn.com/ Motorcycle sales, particularly in the United States, have been struggling ever since the Great Recession. As older riders lose interest, or simply become unable to ride any longer, the younger generation hasn’t been showing the same kind of enthusiasm. But the industry is hoping that electric motorcycles — with a
Going electric could help revive the motorcycle industry Read More »
DALLAS, Dec. 31, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Alternet Systems, Inc. (USOTC: ALYI) today highlighted Africa’s $4 billion motorcycle ride hail market featured in a recent TechCrunch article emphasizing the anticipated explosive growth in Africa over the next decade. ALYI management sees ALYI as well positioned leader prepared to capture the
Alternet Systems Highlights African $4 Billion Motorcycle Ride Hail Market Read More »
by Nithyanandh Karuppaswamy from https://www.rushlane.com/ It is no secret that Royal Enfield is working on a whole new range of next generation motorcycles. Recent reports suggest that the retro-classic specialist is planning to tap into new audience bases. The Chennai-based two wheeler maker is reportedly working on variant extensions to specifically target women and youth.
Royal Enfield 250cc motorcycle to be called Hunter ? Read More »
by Abhinand Venugopal from https://www.rushlane.com/ Seeing the success of Royal Enfield in the 250-350cc segment, many motorcycle brands are planning entry with new products. Royal Enfield is arguably one of the most demanded names in the 350cc category in the Indian motorcycle market. For the same reason, many brands have come forward with their own
Aprilia 250 to 350cc motorcycles planned – To take on Royal Enfield Read More »
Honda currently produces a wide range of motorcycles, from 50cc commuters to 1,800cc models, at 35 facilities in 21 countries. Japanese automaker Honda has produced 400 million units of motorcycles globally since it had begun production in 1949 with its maiden Dream D-Type bike. According to the company, it achieved 100 million-unit milestone in 1997,
At 70, Honda hits a milestone of 400mn motorcycles Read More »
by Sabrina Giacomini from https://www.rideapart.com Honda is one of the few companies still active today that started its life as a motorcycle manufacturer. In 1949, newly-founded company rolled out the Dream D-Type, the firm’s first proper motorcycle. Fast-forward seven decades and Honda remains to this day one of the most recognized brand names in the
Honda Rolled Out Its 400 Millionth Motorcycle Since 1949 Read More »
