Fast Motorcycle Industry News

Harley-Davidson CEO Matt Levatich 2016 Base Salary Up 15%. His salary is $1,041,660, 15% lower than former CEO Keith Wandell when he left the company. Securities filings describe his salary in 2016 as based on “his individual performance, accomplishment of key initiatives and positioning his salary in relation to similar companies.” Levatich’s total compensation also increased from roughly $6.5 million to $9.4 million, largely due to the award of new performance shares that will not actually be paid out until 2018. Levatich and other executives will be granted shares of the company’s stock depending on how the company performs over the next three years. Those measures included the percentage of first-time motorcycle buyers choosing Harley, weighted at 15 percent, and net income and return on invested capital, both weighted at 42.5 percent. Executives can earn zero to 300 percent of the initial target depending on performance.

Missouri Lawmakers Are Considering Measures To Repeal Most Of Missouri’s Helmet Law For Motorcycle Riders. One proposal would allow licensed operators 18 and older to ride without a helmet if they have medical insurance coverage of at least $1 million. House Republican Shane Roden of Cedar Hill says the insurance requirement isn’t fair to motorcyclists, but is an attempt at compromise. A Senate bill requires anyone under 18 to wear the gear, and makes the same demand of anyone over 18 who is using an instruction permit to operate a motorcycle. One of the House measures bumps the age restriction up to 21 and calls for the operator to have completed a motorcycle safety education course, and to have possessed a motorcycle license for at least two years. Currently, 19 states and the District of Columbia have universal helmet laws requiring all motorcyclists to wear protective headgear. 28 states require some motorcyclists to wear a helmet. Three states, including Missouri neighbors Illinois and Iowa, have no helmet use laws.

New Royal Enfield Twin-Cylinder Has Been Spotted In Testing. This Twin-Cylinder Continental GT 750 cc is an entirely new product offering from Royal Enfield, a manufacturer intending the climb the ladder in terms of displacement and one day to challenge Harley and Indian in the USA. The new model was tested in Europe and now in India where it should be launched 3rd quarter of 2017.

Every Segment Of The Transport Industry Is Going Electric. The latest example is Zero electric motorcycle manufacturer partnering with the recreational watercraft segment. Precisely with a new Sacramento-based startup called Free Form Factory to create “the world’s first electric, stand-up personal watercraft”.

Amy Hogancamp Has Joined The Motorcycle Industry Council As Marketing Manager For The MIC Events Team that produces AIMExpo. Her responsibilities will touch nearly every area of the show from sales, marketing, social media, advertising, and more. Hogancamp has a 13 years of marketing experience in a variety of industries.

Apple iPhone-maker To Build Evoke Electric Motorcycle, The Urban S. China-based startup Evoke Motorcycles has contracted Apple iPhone supplier Foxconn to manufacture its new battery-powered motorcycle, with plans to ramp up production and enter the U.S. market this summer. It’s now accepting deposits for its Urban S model. Priced at $9,400, the sportbike style ride will undercut the top brands of electric motorcycles currently on sale, including those from segment leader Zero Motorcycles.

10 Responses to “Fast Motorcycle Industry News”

  1. 1 Drake Mar 24th, 2017 at 8:28 am

    Really like to know what others think of Matt Levatich income.

  2. 2 Zundap Mar 24th, 2017 at 9:22 am

    No helmet law down here in FL. All the cool riders look at me when I ride by especially on my HD wearing my full helmet when the temp. is in the 90″s not realizing that while still hot cooler than bare head and a lot safer. Also getting caught in a downpour is a daily occurrence in FL and any rider caught in the rain knows how much your face hurts getting blasted by rain not to mention getting hit by some of the bugs as large as birds. All that being said it should still be the riders choice.

  3. 3 Pat h Mar 24th, 2017 at 11:09 am

    It’s still a free country in some ways

  4. 4 BobS Mar 24th, 2017 at 12:02 pm

    Drake I’m not sure why you want to know what I think, but since you asked I think 50,000 dollars for one day’s work is a bit absurd. I’m all for getting ahead and being wealthy but I have a hard time believing that the guy working top office produces that much more than the guys working the line.

  5. 5 rebel Mar 24th, 2017 at 1:20 pm

    agreed, a reasonably high paid board of directors overseeing operations and no overpaid single chief would be a great incentive to all employees (which should be receive any performance bonuses available)

  6. 6 Ric Mar 25th, 2017 at 3:10 pm

    If the CEO and others in the HD organization weren’t making STUPID money and stock options. How much cheaper would the price of New Bikes be. I’d be glad to keep a couple thousand in my pocket and not have to pay inflated Salaries!!

  7. 7 Sheridan Mar 26th, 2017 at 4:07 am

    Looking forward to seeing that Royal Enfield twin. At the price point they sell bikes, that’s really going to make an impact

  8. 8 takehikes Mar 28th, 2017 at 10:58 am

    If that Royal Enfield look slike their other bikes and is priced similarly they will sell some thats for sure.

  9. 9 K塾 Apr 21st, 2017 at 3:55 pm




  10. 10 burnout Apr 22nd, 2017 at 12:38 am

    Spot on BobS! peace

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