profit

Firing all barrels with Royal Enfield Shotgun 650

Even with production at the company’s Oragadam factory outside Chennai running flat out for six days a week, there are waiting lists everywhere for the 650cc models such as Super Meteor, Continental GT and Interceptor —  as production struggles to keep up with demand. Yet Royal Enfield’s parent company Eicher Motors (albeit RE accounts for […]

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Harley shines as CEO Zeitz’s turnaround plan boosts profit

by Rachit Vats from https://www.reuters.com Harley-Davidson Inc beat profit expectations on Tuesday as tighter inventories helped drive up prices and it reined in costs as part of Chief Executive Officer Jochen Zeitz’s restructuring plan, sending its shares up as much as 28%. Overall shipments were down only 6% in the third quarter, recovering from a

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Harley-Davidson beats forecasts as international sales rebound

by Rachit Vats, Ankit Ajmera from https://www.reuters.com (Reuters) – Harley-Davidson Inc (HOG.N) beat expectations for profit on Tuesday and stuck to its full-year shipment forecast, allaying fears of another major hit from European import tariffs and a further slump in sales in its main U.S. market. Shares of the company rose as much as 8.8%

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Trump warms to Harley Davidson, says EU tariffs ‘unfair’

WASHINGTON: US President Donald Trump on Tuesday appeared to reverse course on Harley Davidson Inc, saying European tariffs facing the motorcycle manufacturer were “unfair” and vowing to reciprocate, after urging a boycott of the company last year amid a steel spat. The Wisconsin-based company last year announced plans to move production of its motorcycles destined

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