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August 1, 2014
14:10 EDTHOG, PIIHarley-Davidson hurt more than seems by Indian Motorcycles, says Raymond James
After analyzing the impact of Polaris’ (PII) launch of Indian Motorcycles through the first half of 2014, Raymond James notes that Harley-Davidson sold roughly 13x the number of bikes as Indian and Polaris' Victory brand combined. However, the firm thinks the launch of Indian is more impaction than the number would suggest,as Polaris.' U.S. retail sales of motorcycles jumped about 50%, while Harley-Davidson's U.S. retail motorcycle sales increased just 1.1% in the same period, according to the firm. Moreover, Harley-Davidson sells Street 500 bikes with smaller engines than any bike sold by Polaris, the firm stated. Excluding these bikes, Harley-Davidson's sales dropped by 1,200 units in 1H14, according to Raymond James, who keeps an Underperform rating on Harley-Davidson.
News For HOG;PII From The Last 14 Days
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September 18, 2014
06:12 EDTHOGNHTSA approves Michigan request to buy foreign-made motorcycles
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September 11, 2014
09:23 EDTHOGHarley-Davidson Q3 U.S. unit sales tracking above forecast, says ITG Research
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September 5, 2014
15:55 EDTHOGHarley-Davidson volatility at low end of historic range
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