Fast Motorcycle Industry News

cyril-Huze-fast-newsRetail sales In the U.S. Of Harley-Davidson Motorcycles Estimated Up 3.7 % Compared To Year-Ago Quarter. According to a research note provided by Wells Fargo Securities analyst Tim Conder after he met with Harley-Davidson Motor Corp. management, dealer/consumer reception to all new models has been exceptional. Cannibalization worries of the Sportster by The Street likely overdone because the 2 models differ on price point, ride and engine type. To attract younger riders, Harley marketing is focusing on breaking the perception that they would need to spend $20K to ride a Harley.

Triumph Plans Of Manufacturing Motorcycles From The Ground Up In India And To Export From This Country. The company is planning to set up a manufacturing plant in Southern India. The manufacturing facility will build a Triumph global small capacity sport bike, which will have an engine capacity between 250-400cc. Like Harley-Davidson (with the Street model), Triumph will use India as a low cost manufacturing and exporting hub that will allow to price the bikes competitively and earn larger profits in this country and other countries.

Anti-Pollution Rules In Spain’s Capital Madrid Favor Motorcycles. No non-resident will be allowed in the center of the city as of the first day of 2015 but these restrictions do not apply to motorcycles, which are free to roam the center of Madrid. Still the exemption is only valid between 7am and 10 pm. Nice to see that the mayor of a big city understands that bikes are a solution in the urban clutter and not the problem. Supply vans and trucks are allowed in a restricted area between 10 am and 1 pm.

Polaris Industries Inc. (NYSE:PII) Announced Grand opening Of New Manufacturing Facility In Poland. The 345,000-square-foot facility will be the first Polaris plant dedicated to manufacturing Off-Road Vehicles (ORV’s) outside of North America. The facility in Opole will employ 300 people in 2015 and should begin shipments to customers in the first quarter of 2015. The plant will produce approximately 35 different ORV vehicle models in 2015 and ship them to six subsidiaries and over thirty distributors in the Europe, Middle East and Africa (“EMEA”) region. Opole will also house research and design for the Europe, Middle East and Africa markets allowing vehicles to be tailored to local needs.

Morningstar Assigns “BBB” Credit Rating to Harley-Davidson. Harley-Davidson (NYSE:HOG) has received a “BBB” credit rating from analysts at Morningstar. The research firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a three star rating. Eight analysts have rated the stock with a hold rating, five have issued a buy and one a sell rating to the company. Yesterday Monday Sept. 29, in the afternoon, Harley-Davidson (NYSE:HOG)’s share price hit a new 52-week low of $59.59.

3 Responses to “Fast Motorcycle Industry News”

  1. 1 Zenaldo Sep 30th, 2014 at 9:18 pm

    So sales are up and their stock is down…..time to buy…

  2. 2 Knucklehead Oct 1st, 2014 at 8:43 am

    They make plenty of bikes under $20,000. I’ve seen more adds addressing that the last few years. What we need to rid are all the nah say’ers.

  3. 3 Brett Oct 8th, 2014 at 5:04 am

    something is majorly wrong when all the bike manufacturers want to set up in India & export their bikes from there. Might be small bikes for now…but how long until all the bikes are Made In India?

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