Wall Street

Is Green the New Gray Area

by Mark Buckner with images from Sam Burns For as long as I can remember – which is getting to be a LONG time! – those of us who love riding motorcycles and have devoted a large part of our lives to preserving and protecting our way of life have been telling anyone who would listen that the enemies of motorcycling don’t just want to pass more and more restrictive laws where we’re concerned. Their ultimate goal is to get us off the road entirely. Click here to read this report only on Bikernet.com * * * * To Stay updated on all Motorcycle News and Events … – simply Click & Subscribe to Bikernet’s FREE Weekly Newsletter

Is Green the New Gray Area Read More »

Why We Buy

Before you ride ’em, you gotta buy ’em. Don’t let the media tell you what to buy, allow me! An extreme and absurd view for the heck of it by Ujjwal Dey with illustrations by Wayfarer & friends Click here to read this handbanged nonsense at breakneck speed, only on Bikernet.com * * * * Click to Join Bandit’s Cantina or die trying

Why We Buy Read More »

Serious Hope by Bandit

Rogue, Kirk Willard and I and thousands of other guys have been fighting for motorcyclists’ rights for decades. We continue to fight, but lots of brothers and sisters don’t pay attention. By now most folks are aware of the green movement and what it’s doing to the Fossil Fuel industry, hell even the meat industry. Their problem and their worst fear is that they are wrong. So, what did they do? They called anyone who didn’t agree a denier. We’re grubby bikers, we deny everything and fuck you, if you don’t like it. So let’s cut to the chase. They are wrong and the movement to point out how wrong is growing. I’ve been pushing and looking for solutions for over a decade. Recently, with the Motorcycle Riders Foundation at my back I came up with a congressional resolution. I was and is a fight for every kid on the planet, who needs to know the truth and who should know we are living in the Best off Times, not the worst. This last week became incredibly significant. I can’t say it loud enough. Throughout this year we have tried to find someone who would shove our resolution in front of Congress and force a hearing. We finally found support with Senator Rounds office in South Dakota. Week before last we faced a major setback. Montana lost a court case. It could impact the entire energy industry in Montana and send a very negative message across the country. The problem with this entire effort is not the facts, the science or the truth, it’s guts. The world and politicians on both sides of the isle are being bullied and paid off. No one wants to step up and say, “Sorry, but we’re not doomed.” So, what happened in the last

Serious Hope by Bandit Read More »

Harley Financials and Growth Prospects for 2023

by Bandit I’m not a financial advisor. I’d rather build another motorcycle than chase the stock market. But take a look at my portfolio. I have maybe 20 motorcycles, one triumph, one Indian (I had two but traded my ’46 for a ’50 bobbed Panhead). What does that tell you? I’m a Harley guy. All bikers have a special relationship with Harley-Davidson. The question always is: Does the factory respect and embrace that relationship? So, the final quarter, yearend financials surfaced, but they weren’t posted like they were in the past, you had to ask for them. However, the factory slipped into the mainstream media spotlight leading into 2023, in some troubling ways, and others indicate positive growth. Click here to read this Special Report only on Bikernet.com * * * * * * * * * * * * * * * * Follow the lead, get membership to Bandit’s Cantina. View your options now, click here.

Harley Financials and Growth Prospects for 2023 Read More »

Indian motorcycle sales surge 37% following rollout of Challenger

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 $1.58 per share, up from $91.4 million, or $1.47 per share the year before. Adjusted earnings were $1.83 per share, ahead of Wall Street average estimates of $1.79. Sales were $1.73 billion, up 7% from the year-ago period but at the low end of Wall Street estimates. Sales growth was led by the company’s Indian Motorcycle division, which saw revenue increase by 37% to $116 million as Indian debuted the Challenger, a heavyweight touring bike. Indian is the vintage motorcycle brand that Polaris is marketing as an alternative to those sold by Milwaukee-based Harley-Davidson Inc. The Challenger is indicative of how Polaris is positioning Indian. Upon the rollout of the Challenger in October, motorsports industry writers were comparing it to Harley-Davidson’s Road Glide, a big touring bike that represented a sizable portion of Harley’s sales mix back in 2013, when the iconic motorcycle manufacturer put Road Glide on a hiatus that lasted all of one year. Indian unveils new Challenger lineup for 2020 As for Polaris, investors liked what they saw. Shares of Polaris closed up almost 6% Tuesday. The company may look particularly good in comparison to rival Harley-Davidson, which reported its lowest quarterly sales in years and missed Wall Street estimates by 6%, Barron’s reports. Shares of Harley (NYSE: HOG) closed down about 3% at $33.79. Sales in off-road vehicles and snowmobiles, still the company’s biggest business, grew by 7% as the fortunes for ATVs and snowmobiles diverged. Sales of off-roading vehicles like

Indian motorcycle sales surge 37% following rollout of Challenger Read More »

Scroll to Top