Harley-Davidson ups loan loss provisions, plans restructure
Harley-Davidson will scale back its motorcycle model offerings and focus on high performing markets during the next five years. The ...
Tag: powersports
Q2 powersports sales strong despite low inventory
The coronavirus pandemic spurred powersports sales in the second quarter, but inventory woes continue to plague the industry. Many powersport vehicle dealers saw ...
RumbleOn sales, revenue fall in wake of pandemic
Online used–vehicle retailer RumbleOn is feeling the effects of the coronavirus pandemic. The company, which sells both automotive and powersports vehicles, lost $81 million in revenue year over ...
Coronavirus spurs boat demand, but inventory woes hinder sales
U.S. boat sales remain low – but not because consumers aren’t looking to buy. Instead, the culprit is inventory: manufacturers of water vehicles ...
Honda North America powersports sales surge 30%
Honda Motor Co.’s North America powersports sales — which include motorcycles, ATVs, and side-by-sides — had a strong year, ratcheting ...
Harley-Davidson restructures to preserve cash
COVID-19 has “dramatically changed” Harley-Davidson’s business and strategic plan, said Jochen Zeitz, acting president and CEO of the motorcycle manufacturer, ...
Trump pushes India to reduce Harley tariffs
President Donald Trump is attempting to decrease tariffs on American goods entering India, and this week specifically cited Harley-Davidson as ...
Sheffield and Triumph Motorcycles team up for retail finance
Sheffield Financial has signed a multiyear contract to provide retail loans to Triumph Motorcycles and its dealerships, the two companies ...
