by Ankit Ajmera from https://www.reuters.com (Reuters) – Harley-Davidson Inc (HOG.N) slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle demand in the first quarter. The company has $1.47 billion in cash and is in talks with big U.S. banks to […]
Harley-Davidson cuts dividend, halts buybacks to preserve cash Read More »
by Pradeep Shah from https://www.financialexpress.com Production at Ducati’s Bologna factory been reorganized. From an eight-hour shift, the working shifts have been converted to two seven-hour shifts in order to allow a minimum number of people. Premium bike maker Ducati has announced a steady resumption of production at its Borgo Panigale factory in Bologna, Italy starting
Ducati resumes motorcycle production at Bologna plant in Italy Read More »
by Paula Tracy from https://www.seacoastonline.com LACONIA – On Monday night, Laconia City Councilors will be asked to approve the 97th Progressive Laconia Motorcycle Week for Aug. 22-30 if it cannot be held June 13-21 due to the COVID-19 pandemic. Charlie St. Clair, executive director for the Laconia Motorcycle Week Association, said he is hopeful the
Laconia Motorcycle Week mulls August back-up date due to COVID-19 Read More »
by Agueda Pacheco Flores from https://crosscut.com Coronavirus has scooter, moped and motorcycle enthusiasts rolling with caution. Long before he was president of the Cretins Motorcycle Club, Nick Ziehe was just a kid growing up in Renton, fascinated by his dad doing a complete overhaul of a Honda CB350. The bike was a vintage racer, but
Seattle’s motorcycle clubs ride free (but socially distanced) Read More »
from https://auto.economictimes.indiatimes.com The coronavirus pandemic has sparked a surge in bike sales across the United States, according to a major manufacturer and a half dozen retailers interviewed by Reuters. “I’m 51 and healthy, but I don’t want to get on the subway,” said John Donohue, a Brooklyn-based artist who bought a bike two weeks ago.
Wary of public transport, coronavirus-hit Americans turn to bikes Read More »
from https://www.reuters.com April 15 (Reuters) – Harley-Davidson Inc said on Wednesday it had temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic has hurt its business. The announcement comes weeks after the motorcycle maker withdrew its earnings forecast for this year,
Harley-Davidson lays off staff, cuts salaries, amid coronavirus outbreak Read More »
by Sabrina Giacomini from https://www.rideapart.com The fun type of social distancing. UPDATE: Note that there could be lockdowns and “stay at home” orders in your city or your state as the situation evolves and we don’t recommend you overlook them because “riding is seemingly safe”. We’re not your mom, but we recommend you follow your
Is It Safe To Ride My Motorcycle During The Outbreak? Read More »
by Sebastian Blanco from https://www.forbes.com/ It’s a specific category, but the Venturi Group’s Voxan Motors is working to create the fastest electric motorcycle in the world. Well, the fastest electric motorcycle “propelled by the action of one wheel in contact with the ground, partially streamlined, under 300 kg,” according to the team website. That specific
Coronavirus Delays Voxan Motors’ Electric Motorcycle Speed Record Attempt Read More »
