production

Royal Enfield resumes production, appoints new CFO

by Nehal Chaliawala from https://economictimes.indiatimes.com/ The company also said that about 120 of its dealerships will resume partial operations and about 300 will be operational by the middle of this month. Classic motorcycles maker Royal Enfield on Wednesday resumed production and also appointed Kaleeswaran Arunachalam as the chief financial officer of the company effective immediately. […]

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Harley-Davidson cuts dividend, halts buybacks to preserve cash

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

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Ducati resumes motorcycle production at Bologna plant in Italy

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

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Norton Motorcycles ‘will be restored to its former glory’

from https://www.dailymail.co.uk New owner set to invest tens of millions of pounds Norton Motorcycles’ new owner has pledged to double its workforce and launch more products. India’s TVS Motor, which bought the British brand out of administration for £16million earlier this month, is reportedly set to invest tens of millions of pounds in the luxury

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China-made Brixton 1200 cleared for production

by Pradeep Shah from https://www.financialexpress.com China-made Brixton 1200 cleared for production: 1200cc modern classic has Bonneville T120 in its sights! About the new 1200cc model, Brixton says that it “shows the way of Brixton Motorcycles into even higher capacity classes and proves the development competence of our brand.” Brixton 1200 – a 1200cc modern classic

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With Harley-Davidson Production, Sales Frozen, Argus Downshifts On Stock

by Priya Nigam , Benzinga Staff Writer from https://www.benzinga.com Although shares of Harley-Davidson Inc HOG 11.31% have significantly underperformed the S&P 500, the company has suspended production at most of its U.S. manufacturing facilities and shut its retail stores due to the coronavirus pandemic, according to Argus. The Harley-Davidson Analyst David Coleman downgraded Harley-Davidson from

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Harley-Davidson faces proxy fight with investor Impala

by Svea Herbst-Bayliss from https://www.reuters.com The $2.8 billion hedge fund run by Robert Bishop, which owns 1.9 million Harley shares, or 1.2% of the company, has nominated former auto industry executive Brent Dewar and Leo Hindery, Jr., who has public board experience, as directors to Harley’s nine-member board. BOSTON: Harley-Davidson Inc faces a battle with

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Futuristic SA motorcycle to go into production

by Denis Droppa from https://www.businesslive.co.za Unlike anything yet seen on two wheels, Pierre Terblanche’s R1.1m Hypertek electric bike takes shape A futuristic South African motorcycle that attracted interest at a recent international motorcycle show is to go into production in two years’ time. Looking like a prop from a Blade Runner movie, the prototype of

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Honda Rolled Out Its 400 Millionth Motorcycle Since 1949

by Sabrina Giacomini from https://www.rideapart.com Honda is one of the few companies still active today that started its life as a motorcycle manufacturer. In 1949, newly-founded company rolled out the Dream D-Type, the firm’s first proper motorcycle. Fast-forward seven decades and Honda remains to this day one of the most recognized brand names in the

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Tesla among companies sued for complicity over child labor in Congo

by Matthew Lavietes from https://www.autonews.com NEW YORK — Five of the world’s largest tech companies, including electric vehicle maker Tesla Inc., have been accused of being complicit in the death of children in the Democratic Republic of Congo forced to mine cobalt, a metal used to make telephones and computers, in a landmark lawsuit. The

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Royal Enfield may pull 500cc motorcycles out of production by 1 April next year

from https://www.financialexpress.com According to the report, upgrading Royal Enfield’s 500cc engine to BS-VI compliance will make the production of these motorcycles ‘unviable for the domestic market’. As the deadline for India’s BS-VI transition closes in, Royal Enfield may be in the process of taking a drastic decision regarding its 500cc engine. According to a LiveMint

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Hero MotoCorp surpasses 25 million units landmark in cumulative production at Haridwar facility

from https://www.equitybulls.com Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has crossed yet another milestone in its illustrious journey, with its manufacturing facility at Haridwar, in the northern Indian hill state of Uttarakhand achieving the unique distinction of surpassing 25 million units in cumulative production. The manufacturing facility, commissioned in April 2008, has

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Harley-Davidson Resumes LiveWire Production, Says Charging Problem Was Confined To Just One Bike

by Bill Roberson from https://www.forbes.com Harley-Davidson has resumed production of the LiveWire electric motorcycle after assembly was stopped earlier this week when a charging issue cropped up and was spotted during quality checks. A Harley-Davidson Motor Company representative told Forbes Friday morning that production was temporarily suspended “to confirm that the non-standard condition identified on

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From Lawnmower to Rocket Engines, Here’s What Else Harley-Davidson Used to Make

by Daniel Patrascu from https://www.autoevolution.com For decades, one of the heavyweights of the motorcycle industry has been Harley-Davidson. The behemoth established itself as one of the leaders in motorcycling manufacturing, and is now planning an expansion more ambitious than ever before. Over the years though, it tried its luck in other industries as well. Established

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Harley Davidson: The Road Only Goes Downhill

Harley-Davidson delays its first $30,000 electric motorcycle after unexpected findings during final quality checks The company delayed the motorcycle after ‘non-standard conditions’ were discvoered during final quality checks Dealers had begun selling pre-orders of the bike in January Harley-Davidson had forecast shipping 1,600 bikes Harley-Davidson has delayed production on its first electric motorcycle, called LiveWire.

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Yamaha Expects India to Become its Largest Production Base in 5 yrs

Markets in Indonesia, Vietnam saturating; India priority No. 1, says top executive. Japanese auto major Yamaha Motor Company (YMC) expects India to overtake Indonesia to emerge as its largest base in terms of production output in the next five years. “India sells more than 20 million two-wheelers annually and the numbers are growing. Our company’s

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