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NCOM Biker Newsbytes for July 2021

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Highway Bill passes House, Right to Repair moves ahead, Motorcycle Industry Council program, Emission free motorcycles in UK and more nations to phase out new gas engine motorcycles, EU & US truce on Trade Tariffs, Mandatory Motorcycle Inspections for Europe, Easyriders magazine to come back. E-news service from National Coalition of Motorcyclists Click Here to Read the NCOM motorcycle industry news on Bikernet.com Join the Cantina for more – Subscribe Today. https://www.bikernet.com/pages/custom/subscription.aspx

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Harley-Davidson Reports Global Bike Sales Up 24 Percent In 2021 Q2

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You can read the Company Announcement at their Official Website by Clicking Here. Second Quarter 2021 Highlights and Results, and Recent Announcements Delivered Q2 GAAP diluted EPS of $1.33, up $1.93 over Q2 2020 Q2 H-D, Inc. total revenue up 77 percent over Q2 2020 North America Q2 retail sales up 43% over Q2 2020 and up 5% over Q2 2019 Delivered strong Motorcycles and Related Products (Motorcycles) segment gross margin and operating margin driven by the Rewire product portfolio adjustments Delivered Financial Services segment Q2 2021 operating income growth of $90 million over Q2 2020 driven by a lower provision for credit losses Launched LiveWire as a standalone brand and introduced LiveWire ONE™ – the electric motorcycle built for the urban experience, with the power and range to take you beyond Revealed Sportster® S, the all-new Sportster motorcycle built on the Revolution Max platform Launched H-D1™ Marketplace today, the ultimate online destination for pre-owned Harley-Davidson motorcycles in North America Rolling in the right direction. by Janaki Jitchotvisut from https://www.rideapart.com On July 21, 2021, Harley-Davidson reported its 2021 Q2 results. The numbers are definitely moving in the right direction, especially when compared to the same time period in 2020. Worldwide Harley motorcycle sales are up 24 percent, due entirely to an impressive sales rebound in North America. North American sales are up 43 percent year-on-year in Q2, which is the only positive number when broken down by sales region. Europe, the Middle East, and Africa (commonly referred to among some OEMs as “EMEA”) are down by 7 percent for the same time period. Asia Pacific sales are down 13 percent, and Latin America sales are down 31 percent. Taking the entirety of the first six months of 2021 into consideration, worldwide Harley-Davidson bike sales are up 18 percent—which is still

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Reduce duty on Harley Davidson to nil: Report

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The report by the US India Business Council (USIBC) and Confederation of Indian Industry (CII) said the 0% rate could apply to all motorcycle imports being sold in India over Rs 5 lakh. NEW DELHI: India should consider bringing down the import duty on high-end motorcycles (that include Harley Davidson motorcycles) to 0% for both complete built up (CBU) units and for completely knocked down (CKD) units, a joint report by two industry lobby groups suggested on Tuesday as part of an overall strategy to boost India-US trade to $500 billion. The report by the US India Business Council (USIBC) and Confederation of Indian Industry (CII) said the 0% rate could apply to all motorcycle imports being sold in India over Rs 5 lakh. The report has listed out interventions in 13 specific areas, which if resolved, will provide a thrust to trade between the two countries. Interventions range from reinstating Generalised System of Preferences (GSP) benefits by US for India, arriving at a consensus on a pricing mechanism for medical devices, modifications in India’s e-commerce policy, removing high tariffs on steel and aluminium imports by US, fostering greater cooperation in strengthening partnership in defence and aerospace. “In 2017-18, Harley Davidson sold 3,413 units in India – a decline of 7% from the previous year. For CBU units, India had already slashed duties from 75% to 50% in 2018, but given that the duties apply to a minuscule percentage of the overall trade and for a very niche product, eliminating it altogether would provide a symbolic win for the US,” the report said. It said issue of price controls for medical devices has invited vigorous discussions and was one of the original reasons why US Office of the Trade Representative (USTR) decided to review India’s eligibility for GSP programme The

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The Battery Wars of the near future

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U.S. legislation aims to thwart China’s electric vehicle dominance WASHINGTON: A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space. U.S. Senator Lisa Murkowski, the Republican chair of the Senate’s Energy and Natural Resources Committee, will introduce the Minerals Security Act alongside Senator Joe Manchin. “Our challenge is still a failure to understand the vulnerability we are in as a nation when it comes to reliance on others for our minerals,” Murkowski told Reuters. France, Germany agree on first battery cell consortium France and Germany have earmarked 1.7 billion euros ($1.90 billion) to support several company alliances looking to produce electric car battery cells, a step aimed at reducing the dependence of European carmakers on Asian suppliers. BERLIN: France and Germany have asked the European Commission to green-light state subsidies for a cross-border battery cell consortium involving carmaker PSA with its German subsidiary Opel and Total’s Saft, FAZ newspaper reported on Monday. The economy ministries of both countries sent a letter of intent to the European Union’s executive body asking Brussels to quickly give its go-ahead, the newspaper said, adding that the sum of the planned support was not mentioned.

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