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Harley-Davidson’s renewed focus on touring bikes drives upbeat forecast

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by Reuters from https://www.investing.com U.S. motorcycle maker Harley-Davidson (NYSE:HOG) on Monday reported a better-than-expected quarterly profit and raised its full-year forecast for sales growth, as its focus on bigger and profitable touring bikes boost demand, sending its shares up more than 8%. Since the middle of last year, the Milwaukee, Wisconsin-based company, which has struggled […]

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Harley-Davidson hit with 56% EU tariff effectively blocking it from the EU market

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by Rick Barrett from https://www.jsonline.com Harley-Davidson hit with 56% EU tariff, an ‘unprecedented situation’ that will block the motorcycle maker from the market, CEO says Harley-Davidson Inc. has been slapped with a 56% European Union tariff on all its motorcycles, the company said Monday, effectively blocking it from the EU market. Harley said it would

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Harley-Davidson Has Missed the Mark in Electric Transportation

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by Travis Hoium from https://www.fool.com The company can’t get over its past success. The iconic Harley-Davidson (NYSE:HOG) brand is in trouble. The company has seen revenue fall for a half-decade, and earnings have evaporated. Strategies to get into electric motorcycles have largely failed, and the core business doesn’t show any signs of a turnaround. Despite

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Harley-Davidson Sportster 300 Could Soon Become A Reality

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by Enrico Punsalang from https://www.rideapart.com We’ve known that Harley-Davidson has plans of rolling out a 300cc cruiser in the not-too-distant future as part of its ‘Rewire’ strategy for some time now. We also know that said 300cc cruiser is being co-developed by Chinese motorcycle manufacturer, Qianjiang Motor who own the Italian Benelli motorcycle brand. Now,

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Harley-Davidson Announces First Chief Electric Vehicle Officer

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Harley-Davidson, Inc. today announces the appointment of Ryan Morrissey as Chief Electric Vehicle Officer (CEVO). Effective April 1, Morrissey will join Harley-Davidson with over two decades of experience in disruptive technologies and the development of new business ventures. As a consultant at Bain & Company, he served most recently as a Senior Partner and head

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Harley borrows Detroit’s used-car playbook to pursue younger riders

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from https://www.channelnewsasia.com Harley-Davidson has decided the best way to get younger customers to buy a new motorcycle is to sell them a used one first. The Milwaukee-based company plans to roll out a certified pre-owned bike program, known as H-D Certified, adapting a strategy carmakers have been following for years to position well-tended used vehicles

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Europe’s Electric Motorcycle Market Surges

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Press Release: IDTechEx from https://www.scoop.co.nz IDTechEx expects electric motorcycle sales in Europe to grow at least 50% year-on-year in 2020, building on the momentum of recent years. This is driven by continued policy support from governments alongside start-ups and incumbent OEMs entering the market with new model releases, finds the recent report from IDTechEx. Growth

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Harley-Davidson Removes Branded Merchandise From Amazon

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by Brendan Menapace from https://www.goprintandpromo.com Harley-Davidson Removes Branded Merchandise From Amazon, Prioritizes Its Own E-Commerce Initiative Harley Davidson CEO Jochan Zeitz said his company will no longer sell branded merchandise on Amazon, instead choosing to prioritize its own dealers’ e-commerce efforts. “We want to have a fully integrated, digital e-commerce business with our dealers,” Zeitz

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