Motorcycles Experiencing Unprecedented Demand

Polaris Experiencing Unprecedented Demand for bikes

Harley-Davidson (HOG, -2%) and Polaris (PII, +7.5%) issued contrasting earnings reports before the bell today. The maker of the iconic Harley missed earnings expectations by a wide margin, but Polaris, which makes off-road vehicles and snowmobiles as well as motorcycles, blew past forecasts and is experiencing unprecedented demand. The stocks are reacting accordingly. Both companies are navigating the same pandemic problems, with production facilities and dealership closed. But while Polaris is executing…

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Honda Expands S. Carolina Pioneer Plant

Honda Pioneer Plant Expansion South Carolina

Honda of South Carolina Mfg., Inc. (HSC) today announced a new investment of $45 million in a 115,000 square foot expansion and innovation project designed to meet growing demand for Honda side-by-side vehicles produced exclusively in the South Carolina plant. The investment is expected to result in the creation of 250 new jobs, which the company has already begun to fill. “With the continued rapid growth of the side-by-side market,…

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Triumph Forecasts a 25% Growth in 2017

Motorcycle Vin Check

British superbike-maker Triumph Motorcycles is expecting to clock 20-25% sales growth in the country in 2017 over the 3,000 units it sold last year. Last fiscal, the superbike segment posted a 2.85% volume jump at 10,234 units, from 9,940 units in 2014-15. The mass volume market too grew at 2.7% to 1,89,37,104 units. At 3,000 units, Triumph is second-placed in the domestic superbike market after the iconic American cruise bike…

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