Santa wasn’t good to the motorcycle industry in 2020. It was the sort of year at Harley-Davidson where every week, you’d say “what just happened?” Soft sales and even negative growth along with company shutdowns then longer term layoffs followed by strategic plan “walk-backs” and then the high profile dumping of a Tennessee motorcycle dealer […]
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What Harley-Davidson Exec’s Want For Christmas
Posted in 2020 Models, Adventure (ADV), Brand, Brand Loyalty, Dealer News, Harley, Harley Engines, Harley-Davidson, Latest News, Living Life, Motorcycle, Motorcycle Sales, Organizations, tagged "Gone Girl", 'Harley Harley' Drink, 2020 Layoffs, AMY GIUFFRE, Bill Davidson, BLM, Bryan Niketh, CEO Jochen Zeitz, Chief Communications Officer, Chief Digital Officer, Chief Financial Officer, Chief Human Resources Officer, Chimney Trespassing, Christmas, COVID-19 Pandemic, footwear industry expertise, General Manager Brand Marketing, GINA GOETTER, H-D, H-D Museum, Harley, Harley-Davidson, HD, IBM, Indian Motorcycles, JAGDISH "J.A.G." KRISHNAN, JAGDISH KRISHNAN, Jon Bekefy, Jonathan Root, JULIE ANDING, Legal, LUKE MANSFIELD, Mask, Merry Christmas, Michelle Kumbier, Mohammed Saeed al-Sahhaf, Open. Click. Buy., Pabst Brewing Company, Parody, PAUL J. KRAUSE, Six Sigma, The Enthusiast, The Pabst Mansion, TN Dealer, Walk-Backs, William G. Davidson, Willie G, Wish List on December 17, 2020| Leave a Comment »
Harley-Davidson Q3 2020 Financials
Posted in 2020 Models, Brand, Brand Loyalty, Dealer News, Earnings, Harley-Davidson, Latest News, Motorcycle, Motorcycle Sales, tagged African Art Collector, CEO Jochen Zeitz, COVID-19 Pandemic, Devoted Customers, Discounting, Financial Report, German Environmentalist, Growth, Harley, Harley-Davidson, HD, Jochen Zeitz, Low Sales, Motorcycle Volume, MSRP, Perspective, Reviving Optimism, ReWire, The Hardwire on October 27, 2020| 2 Comments »
Good afternoon. Election Day is a week away. There’s new evidence of water on the moon. Amy Coney Barrett is a Supreme Court justice, the fire hose of information continues to overwhelm even the most devout COVID-19 science junkies and Harley-Davidson shares soared 27% to $36.82 earlier in the day after reporting third-quarter net income […]
Harley-Davidson Layoff Wave Accelerates
Posted in 2020 Models, Brand, Dealer News, Earnings, Harley, Harley-Davidson, Latest News, Motorcycle, Motorcycle Sales, tagged $50M Restructuring Charge, 2020 Layoffs, 700 Employees, Airbnb, AT&T, Bird, Boeing, CEO, CEO Jochen Zeitz, CFO, CFO John Olin, Charlie Sheen, Chevron, Darrell Thomas, GE, H-D, Harley, Harley-Davidson, HD, Headcount Reduction, Hertz, Hilton, Layoffs, Macy's, Path To Winning, Portlandia, Put a Bird on It, The ReWire, UA, Uber, VP Treasurer, Winning, Workforce, ZipRecruiter on July 9, 2020| Leave a Comment »
Some numbers to start your day and it’s not pretty. The coronavirus pandemic, social unrest, and a scarred economy has created a tipping sentiment toward many jobs NOT coming back. According to a Harley-Davidson press release, “The ReWire” strategy will now eliminate 700 positions globally of which 500 of the layoffs will occur this year. […]
Covid-19 Bites Harley-Davidson
Posted in 2020 Models, Boomers, Brand, Brand Loyalty, Dealer News, Earnings, Electric, Events, Harley, Harley Engines, Harley-Davidson, Latest News, Motorcycle, Motorcycle Sales, Motorcycle Show, Sturgis, Sturgis Rally, Value Creation, tagged "This Time", CDC, CEO, CEO Jochen Zeitz, CEO Speak, COVID-19, COVID-19 Pandemic, crafting strategy accelerants, Earnings, Electric, Finance, H-D, Harley, Harley-Davidson, HD, Jochen Zeitz, More Roads, Motorcycle Sales, Patronizing, Q1 2020 Financials, Re-Wire, Retail, ReWire, Sturgis Motorcycle Rally, The Onion, Vegan on May 6, 2020| 1 Comment »
Let’s jump right to that impressive Q1’20 financial result: Harley-Davidson (NYSE:HOG) posted earnings of $69.7 million compared with $127.9 million in the same period a year ago. The dividend was slashed to 2 cents a share from 38 cents. The motor company is in talks with major U.S. banks to secure $1.3 billion in liquidity. […]