revenue

Harley-Davidson’s renewed focus on touring bikes drives upbeat forecast

by Reuters from https://www.investing.com U.S. motorcycle maker Harley-Davidson (NYSE:HOG) on Monday reported a better-than-expected quarterly profit and raised its full-year forecast for sales growth, as its focus on bigger and profitable touring bikes boost demand, sending its shares up more than 8%. Since the middle of last year, the Milwaukee, Wisconsin-based company, which has struggled

Harley-Davidson’s renewed focus on touring bikes drives upbeat forecast Read More »

Why shortages of a $1 chip sparked crisis in the global economy

by Bloomberg from https://auto.economictimes.indiatimes.com The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China to the rest of the world, many companies anticipated people would cut back as times got tough. To understand why the $450 billion semiconductor industry has lurched into

Why shortages of a $1 chip sparked crisis in the global economy Read More »

Harley-Davidson Has Missed the Mark in Electric Transportation

by Travis Hoium from https://www.fool.com The company can’t get over its past success. The iconic Harley-Davidson (NYSE:HOG) brand is in trouble. The company has seen revenue fall for a half-decade, and earnings have evaporated. Strategies to get into electric motorcycles have largely failed, and the core business doesn’t show any signs of a turnaround. Despite

Harley-Davidson Has Missed the Mark in Electric Transportation Read More »

Harley borrows Detroit’s used-car playbook to pursue younger riders

from https://www.channelnewsasia.com Harley-Davidson has decided the best way to get younger customers to buy a new motorcycle is to sell them a used one first. The Milwaukee-based company plans to roll out a certified pre-owned bike program, known as H-D Certified, adapting a strategy carmakers have been following for years to position well-tended used vehicles

Harley borrows Detroit’s used-car playbook to pursue younger riders Read More »

Attendance down, but spending up at 80th Sturgis Motorcycle Rally

by Siandhara Bonnet from https://rapidcityjournal.com Leading up to the 80th Sturgis Motorcycle Rally, the city and attendees expected changes in cleaning, events and sales due to the COVID-19 pandemic, but they didn’t expect to see historically high numbers in first-time attendees, vendors and spending. City Manager Daniel Ainslie said it was also a surprise to

Attendance down, but spending up at 80th Sturgis Motorcycle Rally Read More »

Suzuki’s profit beats estimate, steps up dividend

from https://www.reuters.com TOKYO (Reuters) – Suzuki Motor (7269.T) posted its lowest annual operating profit in four years on Tuesday as the coronavirus pandemic hit demand for its cars, but the earnings beat estimates and the Japanese automaker raised its dividend, sending its shares surging. Profit came in at 215.1 billion yen ($1.99 billion) for the

Suzuki’s profit beats estimate, steps up dividend Read More »

Scroll to Top