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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Harley-Davidson Removed from S&P 500

Harley-Davidson removed from S&P 500

Milwaukee-based Harley-Davidson Inc. will be moved from the S&P 500 to the S&P MidCap 400 starting on June 22nd, 2020. S&P Dow Jones Indices announced the move along with several other changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600. The changes are intended “to ensure each index more appropriately represents its market capitalization range.” Two other companies, Nordstrom Inc. and Alliance Data Systems Corp., will also…

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Harley Halts Production Due to COVID19

Motorcycle Factories Shut Down Due to Corona Virus

Harley-Davidson has announced a temporary halt on production in their U.S. manufacturing facilities through March 29 due to COVID19. On Monday, the company had asked employees at their Milwaukee-area headquarters and Product Development Center to work remotely at least until the end of March. But that was before an employee tested positive for the COVID-19 coronavirus yesterday, resulting in the immediate closing of HD’s Pilgrim Road Powertrain Operations facility. The…

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Free Charging on New Harley-Davidson LiveWire

Harley Davidson LiveWire Electric Motorcycle Free Charging

Harley-Davidson announced on Thursday that it will provide the equivalent of 500 kilowatt-hours of free charging at Electrify America chargers for customers who buy its new LiveWire electric motorcycle in the first year, that’s approximately 4,000 miles of free riding . Harley has been working on developing the LiveWire since 2014, and after multiple delays it is finally scheduled to go on sale next month for $29,799, plus delivery. The company…

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Harley Unveils LiveWire Production Electric Bike

Harley-Davidson LiveWire Production Electric Bike Unveiled in Italy

Harley-Davidson’s LiveWire, the company’s first electric design, seemed like a one-off prototype when it appeared in 2014 with a potential $50,000 price tag and a unreasonably low range of only 53 miles. But the bike is very real, and it just made a public appearance at the EICMA motorcycle show in Milan, Italy, where loads of new information was announced. The bike will get power from a permanent magnet electric motor,…

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Harley Recalls 174k Motorcycles for Brake Issues

Harley-Davidson Motorcycle Brake Recall Notice

Harley-Davidson Motor Company (Harley-Davidson) is recalling all 2008-2011 Touring, CVO Touring and VSRC motorcycles equipped with anti-lock brakes (ABS), including Road King (FLHR), Road King Police (EFI) (FLHP), Road King Police (EFI) (FLHPE), Electra Glide Standard Police (EFI) (FLHTP), Electra Glide Classic (EFI) (FLHTC), Electra Glide Ultra Classic (EFI) (FLHTCU) and Street Glide (EFI) (FLHX), 2008 VROD (VRSCAWA), CVO Road King 4 (FLHRSE4), Night Rod (VRSCDA), CVO Ultra Classic 3…

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Motorcycle Chop Shop Bust Leads to One Arrest

Gig Harbor Man Arrested for Running Chop Shop

A 40-year-old Gig Harbor man was arrested last week after detectives discovered a chop shop with about 15 stolen cars, trailers and motorcycles on his property, according to a Pierce County Sheriff’s Department Facebook post. According to the post, the man was booked into Pierce County Jail on Aug. 7 for investigation of first-degree possession of stolen property, unlawful possession of a controlled substance with intent to deliver, of unlawful manufacture…

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2017 Harley-Davidson Oil Cooler Line Recall

2017 Harley Electra Glide Oil Cooler Recall

Harley-Davidson Motor Company (Harley-Davidson) is recalling certain 2017 Electric Glide Ultra Classic (FLHTCU), Police Electra Glide (FLHTP), Police Road King (FLHP), Road King (FLHR), Road King Special (FLHRXS), Street Glide (FLHX), Street Glide Special (FLHXS), Road Glide (FLTRX), and Road Glide Special (FLTRXS) motorcycles. In the affected motorcycles, a clamp used to secure an engine oil cooler line may have been improperly installed. CONSEQUENCE: The incorrectly installed clamp may result…

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Is Harley-Davidson Moving to Thailand?

Harley-Davidson to open Plant in Thailand

Harley-Davidson Inc. said it will build a plant in Thailand ’s Rayong province, southeast of Bangkok, in order to serve the Southeast Asian market. “This is absolutely not about taking jobs out of the United States,” Marc McAllister, a managing director of international sales at Harley-Davidson based in Singapore, told the New York Times. “This is about growing our business in Asia.” The United Steelworkers (USW), which represents members at…

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NICB: National Motorcycle Thefts Increasing

National Motorcycle Thefts Increase according to the NICB

Motorcycle thefts rose slightly in 2016 compared to 2015, but the crime rate is still way down from where it was 10 years ago. So says the National Insurance Crime Bureau (NICB), which just released its annual report on motorcycle thefts in the United States. In 2016, 46,467 motorcycles were reported stolen, compared to 45,555 in 2015 – an increase of 2 percent. “Although 2016 delivered another slight increase in…

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