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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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Harley struggles to fire up new generation of riders with electric bike debut

by Rajesh Kumar Singh from https://www.reuters.com/ CHICAGO (Reuters) – Harley-Davidson Inc (HOG.N) is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining U.S. sales. But as Harley ships its first “LiveWire” bikes – priced at $29,799 – to dealers, there is little evidence the 116-year-old

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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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Indian motorcycles taps into 100-year roots with Japan relaunch

By Chester Dawson and Reed Stevenson from Bloomberg and https://auto.economictimes.indiatimes.com Even though Japan’s population is shrinking and economic growth is tepid, the archipelago is one of the top five markets for heavy bikes. Polaris is seeking to boost Indian’s single-digit market share to 10% by 2025. A century ago, Indian motorcycles were the brand of

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U.S. moving to block California vehicle emissions rules

Two U.S. agencies are preparing to submit for final White House regulatory review a plan to revoke California’s authority to set its own vehicle greenhouse gas standards and declare that states are pre-empted from setting their own vehicle rules, two people briefed on the matter said on Thursday. WASHINGTON: Two U.S. agencies are preparing to

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Trump warms to Harley Davidson, says EU tariffs ‘unfair’

WASHINGTON: US President Donald Trump on Tuesday appeared to reverse course on Harley Davidson Inc, saying European tariffs facing the motorcycle manufacturer were “unfair” and vowing to reciprocate, after urging a boycott of the company last year amid a steel spat. The Wisconsin-based company last year announced plans to move production of its motorcycles destined

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