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Lyft to pull plug of e-scooter business in six cities, laying off 20 employees

The six cities are Nashville, San Antonio, Atlanta, Phoenix, Dallas and Columbus, as the media report claims. Lyft has notified its employees about discontinuing its e-scooter business in six cities, claims a media report. Also, the company is claimed to be laying off at least 20 employees from the bike and scooter team, where around

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Harley-Davidson’s stock falls after KeyBanc turns bearish, citing competition from Polaris’s Challenger bike

Shares of Harley-Davidson Inc. HOG, -1.22% fell 0.7% in morning trading Monday, after KeyBanc Capital analyst Brett Andress turned bearish on the motorcycle maker, citing concerns over competition from Polaris Inc.’s PII, +1.85% Indian brand of bikes. Andress cut his rating on Harley’s stock to underweight, after being at sector weight since August 2017, and

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Bajaj made Triumph motorcycles launch in 2022 – Will also be exported

by Nithyanandh Karupp from https://www.rushlane.com Could be called Bajaj Avenger 400 / 500 upon launch in India. Over the years, Bajaj Auto has created a solid export operation which has proved to be quite useful when the domestic market undergoes a rough patch such as the ongoing one. About 40% of Bajaj Auto’s production is

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Harley-Davidson beats forecasts as international sales rebound

by Rachit Vats, Ankit Ajmera from https://www.reuters.com (Reuters) – Harley-Davidson Inc (HOG.N) beat expectations for profit on Tuesday and stuck to its full-year shipment forecast, allaying fears of another major hit from European import tariffs and a further slump in sales in its main U.S. market. Shares of the company rose as much as 8.8%

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Is Harley-Davidson About To Head Back Down Sportbike Alley?

Sabrina Giacomini from https://www.rideapart.com/ The clues were there all along. If you think of Harley-Davidson in 2019, it’s hard to think of anything else than cruisers and baggers. It is, after all, the segments the manufacturer has developed the most over the years and pretty much the only one it serves nowadays. That’s not to

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Maturing US Market Coupled With Global Auto Slowdown Affecting Harley-Davidson’s Top Line

by Trefis Team https://www.trefis.com Harley-Davidson (NYSE: HOG), whose stock currently trades at around $35, generates its revenue primarily from its Motorcycle segment, which is projected to account for 86% of total revenues in 2019, while the Financial Services are expected to contribute 14% to the top line. In this note we discuss the revenue segments

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