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With Harley-Davidson Production, Sales Frozen, Argus Downshifts On Stock

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by Priya Nigam , Benzinga Staff Writer from https://www.benzinga.com Although shares of Harley-Davidson Inc HOG 11.31% have significantly underperformed the S&P 500, the company has suspended production at most of its U.S. manufacturing facilities and shut its retail stores due to the coronavirus pandemic, according to Argus. The Harley-Davidson Analyst David Coleman downgraded Harley-Davidson from […]

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

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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

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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

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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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Going electric could help revive the motorcycle industry

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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

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Harley struggles to fire up new generation of riders with electric bike debut

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by Rajesh Kumar Singh from https://www.reuters.com/ CHICAGO (Reuters) – Harley-Davidson Inc (HOG.N) is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining U.S. sales. But as Harley ships its first “LiveWire” bikes – priced at $29,799 – to dealers, there is little evidence the 116-year-old

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Maturing US Market Coupled With Global Auto Slowdown Affecting Harley-Davidson’s Top Line

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by Trefis Team https://www.trefis.com Harley-Davidson (NYSE: HOG), whose stock currently trades at around $35, generates its revenue primarily from its Motorcycle segment, which is projected to account for 86% of total revenues in 2019, while the Financial Services are expected to contribute 14% to the top line. In this note we discuss the revenue segments

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Indian motorcycles taps into 100-year roots with Japan relaunch

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By Chester Dawson and Reed Stevenson from Bloomberg and https://auto.economictimes.indiatimes.com Even though Japan’s population is shrinking and economic growth is tepid, the archipelago is one of the top five markets for heavy bikes. Polaris is seeking to boost Indian’s single-digit market share to 10% by 2025. A century ago, Indian motorcycles were the brand of

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Manheim Indianapolis Bike Sale

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Join us Wednesday, May 1st at 10am ET for over 125+ bikes from our trusted seller, Harley-Davidson Financial Services, and other dealer consignment!   View Inventory here Join us in lane or via Simulcast! For more information call our Specialty Department at 317.527.2165, reply to this email, or call Nick Anderson at 317.385.3208. Our mailing address

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

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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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Ural Gear Last Chance Sale

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Get these items before they are Sold Out. Grab them at Ural Online Store at huge Discounts – if they are gone, its gone. Last Chance Goodies include Ural Branded Tee-shirts, Vests, Hoodies, Jacket, Bluetooth Speaker, First Aid kit – all at slashed retail prices. CLICK HERE – https://shop-imz-ural.com/collections/frontpage/last-chance GRAB Ural Gear for your Side-Car

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Yamaha Expects India to Become its Largest Production Base in 5 yrs

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Markets in Indonesia, Vietnam saturating; India priority No. 1, says top executive. Japanese auto major Yamaha Motor Company (YMC) expects India to overtake Indonesia to emerge as its largest base in terms of production output in the next five years. “India sells more than 20 million two-wheelers annually and the numbers are growing. Our company’s

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Harley-Davidson looks to consolidate position in big bike segment in India

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Last year, Harley-Davidson had reported sale of over 3,000 units in the country. New Delhi: American cult bike manufacturer Harley-Davidson Thursday said it aims to further consolidate its position in the over 1,600-cc segment in India, which it currently dominates with over 90 per cent market share. Economic Times Article: https://auto.economictimes.indiatimes.com/news/two-wheelers/motorcycles/harley-looks-to-consolidate-position-in-big-bike-segment-in-india/68414005 The company launched its

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Harley-Davidson Acquires Company That Makes Electric Bikes for Kids

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Harley-Davidson is trying to attract a new generation of riders at a very young age. The iconic motorcycle company announced Tuesday that it was buying StaCyc, which makes two-wheel electric bikes for kids. StaCyc has two models — the 12eDrive and 16eDrive — that the company describes as “the perfect choice for little rippers” between

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