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Harley-Davidson Inc (HOG) SVP & CFO John A Olin Bought $256,770 of Shares

from https://www.gurufocus.com SVP & CFO of Harley-davidson Inc (30-Year Financial, Insider Trades) John A Olin (insider trades) bought 13,500 shares of HOG on 05/13/2020 at an average price of $19.02 a share. The total cost of this purchase was $256,770. Harley-Davidson Inc produces and sells heavyweight motorcycles, as well as offers motorcycle parts, accessories, and […]

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Harley-Davidson shifts strategy, to focus on core markets

from https://www.livemint.com The company’s shares climbed after the motorcycle maker’s new acting chief executive officer laid out plans to cut costs The stock had plunged 49% this year through Monday’s close Harley-Davidson Inc. shares climbed after the struggling motorcycle maker’s new acting chief executive officer laid out plans to cut costs and complexity and focus

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Wary of public transport, coronavirus-hit Americans turn to bikes

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.

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Global Motorcycle Sales In Free Fall Due To COVID-19

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

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Harley-Davidson to hold virtual annual meeting, acting CEO says More Roads plan is working

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

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NCOM BIKER NEWSBYTES Feb 2020

  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”

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Will 2020 mark a turnaround for motorcycle powerhouse Harley-Davidson?

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

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Indian motorcycle sales surge 37% following rollout of Challenger

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

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Harley-Davidson’s stock tanks as motorcycle sales continue to slide

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

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Motorcycle racing in Asia is growing at unrivaled pace

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

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