Harley-Davidson | Powersports Business

American Road Group acquires four Harley-Davidson dealerships

Dave McMahon — Mon, 08 Aug 2022 21:49:30 +0000

American Road Group (ARG) has purchased all four Ohio Motorcycle Group (OMG) dealerships, including Rock-n-Roll City Harley-Davidson (Cleveland), Adventure Harley-Davidson (Dover, Ohio), Rubber City Harley-Davidson (Cuyahoga Falls, Ohio) and Mad River Harley-Davidson (Sandusky, Ohio), from previous owners Mike and Franscene Davis. The names and locations of the dealerships will remain the same and customers can ...

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New Apex factory custom paint released by Harley-Davidson

Madelyn Hubbard — Sat, 06 Aug 2022 12:00:00 +0000

The new Apex factory custom paint option for select Harley-Davidson Grand American Touring models have been revealed and will debut at the annual Sturgis Motorcycle Rally. The dynamic new paint scheme is inspired by the long and successful competition history of Harley-Davidson. A racing legacy established more than a century ago in hill climbs, enduros ...

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Harley-Davidson provides Q2 financial results

Madelyn Hubbard — Thu, 28 Jul 2022 13:39:29 +0000

Harley-Davidson has released its second quarter financial results today. "Reaffirming our guidance for the year, despite the production suspension, demonstrates the effectiveness of our Hardwire strategy and the power of our brand." said Jochen Zeitz, Chairman, CEO and President of Harley-Davidson. "Now with the suspension being behind us, we are fully focused on mitigating the impacts of the ...

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Harley-Davidson expected Q2 earnings ahead of Thursday results

Madelyn Hubbard — Wed, 27 Jul 2022 13:39:50 +0000

Powersports Business has been provided a research note by BMO Capital Markets analyst Gerrick Johnson, analyzing Harley-Davidson's Q2 earnings before the report is released Thursday, July 28. Here’s a look at BMO’s expectations: “We expect Harley-Davidson (HOG) to report adjusted 2Q22 EPS of $0.73, down from $1.34, and below the Street's $1.16. We expect 2Q22 ...

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Kyle Wyman leads Harley-Davidson podium sweep at King of the Baggers

Dave McMahon — Mon, 11 Jul 2022 19:37:11 +0000

Harley-Davidson Screamin’ Eagle factory rider Kyle Wyman led his brother and factory teammate Travis Wyman, and Vance & Hines racer James “Hogspoli” Rispoli to a sweep of the podium positions in the MotoAmerica Mission Foods King of the Baggers race on Sunday at WeatherTech Raceway Laguna Seca in Monterey, California. Kyle passed early leader Tyler ...

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‘Retail demand remains solid’ for Harley-Davidson bikes: analyst

Dave McMahon — Thu, 30 Jun 2022 13:43:17 +0000

BMO Capital Markets analyst Gerrick Johnson, who provides dealers with the quarterly PSB/BMO Dealer Survey summary, has published a research note following Harley-Davidson dealer checks. Johnson reports: “Our retail checks indicate continued strong demand for Harley-Davidson's (HOG) motorcycles. Despite macro-economic uncertainty, dealers continue to see demand outpacing supply, putting a governor on near-term sales, but ...

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Vance & Hines issues statement on FTC taking action against Harley-Davidson

Dave McMahon — Fri, 24 Jun 2022 13:37:40 +0000

The Federal Trade Commission announced a complaint on June 23, 2022, against Harley-Davidson, ordering the company to "fix warranties by removing illegal terms and recognizing the right to repair, come clean with customers, and ensure that dealers compete fairly with independent third-parties." The following statement is from Mike Kennedy, president and CEO of Vance & ...

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FTC takes action against Harley-Davidson related to customers’ right to repair

Dave McMahon — Fri, 24 Jun 2022 13:31:36 +0000

The Federal Trade Commission is taking action against motorcycle manufacturer Harley-Davidson Motor Company Group, LLC and Westinghouse outdoor generator maker MWE Investments, LLC for illegally restricting customers’ right to repair their purchased products. The FTC’s complaints charge that the companies’ warranties included terms that conveyed that the warranty is void if customers use independent dealers ...

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LiveWire CFO named by Harley-Davidson

Dave McMahon — Thu, 23 Jun 2022 14:55:39 +0000

Harley-Davidson on Wednesday announced the appointment of Tralisa Maraj as chief financial officer at LiveWire. Maraj joins LiveWire with extensive experience in leadership, corporate governance, accounting and finance. Maraj formerly served as both CFO & corporate secretary for CGX Energy Inc. and previously served as chief accounting officer. Prior to CGX, Maraj served as corporate ...

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Dealership celebrates 150 units delivered in May

Dave McMahon — Wed, 15 Jun 2022 14:15:00 +0000

A Harley-Davidson dealership is celebrating the achievement of 150 bikes delivered that its staff hit during the month of May. Angela Murray, general manager at Powder Keg Harley-Davidson in Mason, Ohio, gave huge props to her team in a LinkedIn post.

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