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Harley in talks with Hero for distribution deal after exiting India

by Aditya Kalra & Aditi Shah from Reuters and https://www.business-standard.com Harley, known for its heavy touring motorcycles, struggled in India mainly because of high import duties. Harley’s 33 dealerships will likely come under Hero’s management under the new arrangement, said one of the sources. Harley-Davidson Inc is in advanced talks with India’s Hero MotoCorp for

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Harley plans to hitch a ride with two-wheeler makers

from Lijee Philip from https://economictimes.indiatimes.com Harley plans to hitch a ride with two-wheeler makers, Classic Legends, Hero Motocorp frontrunners Mahindra’s Classic Legends could be the obvious choice for the iconic leisure bike making company as it aligns very well with M&M’s approach of catering to the premium end of the market with marquee brands ,

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Harley’s activist investor backs business reboot strategy

by Rajesh Kumar Singh from https://www.reuters.com CHICAGO (Reuters) – An activist investor who shook up Harley-Davidson Inc (HOG.N) earlier this year said he is impressed with the changes initiated by new Chief Executive Jochen Zeitz to turn around the 117-year-old motorcycle company. Impala Asset Management, the $2.4 billion hedge fund, pushed for the ouster of

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Royal Enfield captures UK motorcycle market with Interceptor, Himalayan

from https://timesofindia.indiatimes.com LONDON: Royal Enfield has made deep inroads in the UK market two of its popular and purpose-built motorcycles – Interceptor 650 and Himalayan. The Royal Enfield Interceptor 650 is the best selling motorcycle in the UK for June 2020 (in the more than 125-cc category) while the Interceptor 650 is the highest selling

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Harley-Davidson Racks Up Buy Ratings on Bets New CEO Can Turn Things Around

by Christiana Sciaudone from https://www.investing.com/ Harley-Davidson (NYSE:HOG) has swayed yet another analyst that a turnaround will bear fruit. Shares are up 4.5% on Wednesday after UBS followed BMO Capital in upgrading the motorcycle maker. UBS bumped its rating to buy from neutral and gave Harley-Davidson a price target of $31, Seeking Alpha reported. The average

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Harley-Davidson Rallies on BMO Upgrade, Expected Turnaround

by Christiana Sciaudone from https://www.investing.com Harley-Davidson (NYSE:HOG) shares rose 5% after an upgrade by BMO Capital. HOG was raised to outperform from market perform by analyst Gerrick Johnson, who also boosted his price target to $33 from $23, MarketWatch reported. The average price target is $26.75, while the highest is $34, according to data compiled

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