valuation

TVS overtakes Yamaha’s Market Capitalisation

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TVS overtakes Yamaha’s Market capitalisation to become third-largest two-wheeler maker in the world. The market capitalisation (Mcap) of Chennai-based (India) TVS Motor has surged 37% to $9.2 billion over the past six months, as per Bloomberg’s data. In contrast, Yamaha Motor saw an Mcap erosion of $1.6 billion from its August highs. Only seventeen months ago, TVS Motor Company was less than half the size of Yamaha Motor Co. Now, it has overtaken the Japanese two-wheeler giant in terms of market valuation. Investors continue to bet on a revival in both domestic and export markets, and TVS seemed the horse of choice, symbolic of its logo. BTW, Indian two-wheeler manufacturers make up four of the top five companies in the world. Bajaj Auto tops the list with a Mcap of $19 billion, followed by Eicher Motors with an $11.5 billion Mcap. Hero MotoCorp ranks fifth with a market valuation close to $8 billion. Additionally, TVS Motors has gained dominant position in EV scooters, and has managed to gain market share in every segment over the last few years. TVS makes the 310cc BMW engines and motorcycles sold in India. TVS also owns the Norton brand. US-based Harley-Davidson ranked seventh with an Mcap of $4.3 billion, three Chinese manufacturers are featured among the top ten two-wheeler makers in the world. * * * * * * * * Stay on top of the two-wheeled world, subscribe to Bikernet.com free weekly newsletter

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Harley’s electric motorcycle division to go public via $1.7 billion SPAC deal

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from https://www.cnbc.com/ Key Points : Harley-Davidson’s electric-motorcycle division will go public through a merger with a blank-check firm in a deal valued at $1.77 billion, the company said on Monday. The company launched LiveWire earlier this year, hoping to claw back lost market share as its core baby boomer customer base grows older and interest in motorcycling as a recreational activity fades. Harley-Davidson will retain a 74% stake in the company, which is expected to list on the New York Stock Exchange under the symbol “LVW.” Harley-Davidson’s electric-motorcycle division will go public through a merger with a blank-check firm in a deal valued at $1.77 billion, the company said on Monday, as the 118-year old brand bets on younger customers to boost volumes. The company launched LiveWire earlier this year, hoping to claw back lost market share as its core baby boomer customer base grows older and interest in motorcycling as a recreational activity fades. A broader awareness about climate change is also paving the way for automakers to lean towards greener vehicles. Valuations have gained as money managers are also increasingly factoring in ESG policies in their investments. Harley is the latest to cash in on an uptick in valuations of electric-vehicle makers. Last month, Amazon-backed EV maker Rivian shot past $100 billion in valuation in its market debut, surpassing Ford and General Motors. “If anything this underlines what we’ve been saying for a long time. Detroit, wake up! The train has left the station! EVs are inevitable,” Roth Capital analyst Craig Irwin said. “Many traditional OEMs (Original equipment manufacturers) with emerging EV businesses can obviously do similar spinoff transactions,” Irwin added. Harley’s shares rose 11.3% in premarket trading, while those of AEA-Bridges were up 3.4%. Jochen Zeitz, Harley’s chief executive, will be the chairman of LiveWire for up

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Creation of Harley-Davidson Museum

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by Michael Horne from https://urbanmilwaukee.com Name of Property: Harley-Davidson Museum Address: 400 W. Canal St. Milwaukee. Also known as 126 N. 6th St. Assessed Valuation 2020: The 661,807-square-foot (15.93 acre) lot is assessed at $1,899,100 ($2.87/s.f.) and the 110,250 square foot improvements are valued at $10,120,600 for a total assessed valuation of $12,019,700. (In 2008 the land was assessed at the same amount, while the improvements were valued at $9,000,900 for a total of $10,900,000.) Taxes: 2020 Tax Bill $319,187.51. Payments current on the installment plan. Owner: HD MILW, LLC Type: Commercial Architect: HGA in collaboration with Pentagram Architects. Harley-Davidson Museum – HGA Year Built: 2007 Neighborhood: Menomonee River Valley Subdivision: Walkers Point Aldermanic District: 12th, Jose G. Perez Walk Score: 61 out of 100 “Somewhat Walkable” Some errands can be accomplished on foot. Score would leap if pedestrian connection over canal to east were constructed. City average: 63 out of 100 Transit Score: 69 out of 100 “Good Transit” Many nearby public transportation options. City average: 48 out of 100 Bike Score: 78 out of 100; “Very Bikeable.” Biking is convenient for most trips. Plus, it is flat terrain, once you cross the 6th St. Viaduct. City average: 59 out of 100 Bridgehunter 6th Street Viaduct https://bridgehunter.com/wi/milwaukee/bh36811/ 1910 Map https://cdm17272.contentdm.oclc.org/digital/collection/san/id/855 1894 Map https://collections.lib.uwm.edu/digital/collection/san/id/241/rec/9 Historic Photos of Site https://www.thevalleymke.org/history Schlitz beer may have made Milwaukee famous, but the Cream City’s most famous and widely available product is the Harley-Davidson motorcycle. The firm has retailers in 98 countries spanning the globe. So strong is the brand loyalty that the H-D logo is frequently requested by customers at tattoo parlors. The firm’s headquarters remains at 3700 W. Juneau Ave., where the first factory was built in the back yard of the home of William C. Davidson (1846-1923). His sons Walter Davidson, Sr.

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