by Margaret Naczek from https://www.bizjournals.com Amid the instability of the COVID-19 pandemic, Harley-Davidson Inc.’s acting president and CEO Jochen Zeitz reflected back on the advancements made in the More Roads to Harley-Davidson strategy in 2019. 2020 already was a pivotal year in the company’s strategic plan to grow more riders and expand dealership reach, but […]
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
With Harley-Davidson Production, Sales Frozen, Argus Downshifts On Stock Read More »
by Express Drives Desk from https://www.financialexpress.com Panigale, Multistrada biggest contributors to growth The Panigale and the Multistrada are said to have played an instrumental role in helping Ducati sell more than 53,000 motorcycles worldwide in 2019. Ducati Motor Holding has announced that in 2019, the brand sold 53,186 motorcycles. Recoding a margin growth of 0.3%
Ducati sells over 53,000 bikes in 2019 Read More »
by Margaret Naczek from https://www.bizjournals.com For 117 years Harley-Davidson Inc. has led the market in motorcycles and continues to hold a dominant market share in the U.S. heavyweight motorcycle market. Despite its dominance in motorcycles, fewer people are buying bikes, and the number of U.S. riders are growing at a slow pace. For several consecutive
Will 2020 mark a turnaround for motorcycle powerhouse Harley-Davidson? Read More »
Harley Davidson Street 750 was the first large-capacity motorcycle in India to become BS-VI compliant in the 750cc and above category. Premium motorcycle manufacturer Harley Davidson reported on Tuesday that it has sold more than 25,000 motorcycles since its inception in 2009. The company also informed that with this development, it completed a decade of
Harley Davidson sells over 25,000 motorcycles in India Read More »
by Carrigan Miller and Mark Reilly from https://www.bizjournals.com Polaris Inc. stock is up sharply Tuesday morning after the maker of ATVs, snowmobiles and motorcycles reported better-than-expected profits for the fourth quarter, driven in part by the rollout of a new Indian motorcycle. The Medina, Minnesota-based manufacturer posted income of $98.9 million for the quarter, or
Indian motorcycle sales surge 37% following rollout of Challenger Read More »
by Paul R. La Monica from https://edition.cnn.com/ New York (CNN Business)Harley-Davidson has a big problem. Americans aren’t riding its trademark hogs nearly as much as they used to do. Shares of Harley-Davidson (HOG) fell 3% in early trading Tuesday after the company reported sales and earnings that missed Wall Street’s forecasts. The stock is now
Harley-Davidson’s stock tanks as motorcycle sales continue to slide Read More »
by Peter Valdes-Dapena from https://edition.cnn.com/ Motorcycle sales, particularly in the United States, have been struggling ever since the Great Recession. As older riders lose interest, or simply become unable to ride any longer, the younger generation hasn’t been showing the same kind of enthusiasm. But the industry is hoping that electric motorcycles — with a
Going electric could help revive the motorcycle industry Read More »
In the last couple of years, e-bike sales have been growing steadily in the US, but they still represent a small part of the overall segment in the country. Electric vehicle market in the US in the next decade will be dominated by e-bikes, claims a media report. It forecasts a total of 113 million
E-bikes to rule the US EV market in next decade Read More »
by Rich Duprey from https://www.fool.com/ Sales remained aloft longer than its rival, but now even its sales are falling. As much as falling motorcycle sales at Harley-Davidson (NYSE:HOG) have been attributed to its core customer aging out of the market while the next generation of riders seems uninterested in buying the big bikes it produces,
Does Indian Motorcycle Have a Harley-Davidson Problem? Read More »
