Day: November 1, 2021

Harley-Davidson Defies Expectations and Supply Chain Woes

Harley-Davidson (NYSE:HOG) got a warm welcome from the market after reporting third-quarter financial results that roared past analyst expectations, but clouds remain on the horizon. 

Topping the year-ago quarter’s performance was an achievement because last year was such a strong one after dealerships reopened following the pandemic lockdowns. Yet sales remain below 2019 and supply chain issues are a problem that could snarl the motorcycle market.

Motorcycle rider on Harley-Davidson Pan American.

Image source: Harley-Davidson.

Hardwired for growth

Harley reported a 29% increase in motorcycle revenue for the period, hitting $889 million, while total revenue was up 17% to $1.36 billion, beating analyst expectations of $1.14 billion. Adjusted earnings of $1.18 per share easily trounced the consensus estimates of $0.77 per share.

The motorcycle maker credited selling more motorcycles and more profitable models for the better performance. It underscores Harley’s “Hardwire” strategic plan, which was implemented by CEO Jochen Zeitz to narrowly focus the company’s efforts

Read More

Malakpur dirt track a first in Punjab

Bikers in action on the Punjab’s first dirt track in Ludhiana on Sunday. (Harsimar Pal Singh/HT)

© Provided by Hindustan Times
Bikers in action on the Punjab’s first dirt track in Ludhiana on Sunday. (Harsimar Pal Singh/HT)

To promote the motorcycling sport, a group of local bikers has built Punjab’s first ‘Dirt Park’ in Malakpur, Ludhiana.

The park, built on private property, is spread over two acres of land and has been designed by expert riders.

A motorcycle sport event, ‘Ludhiana scramble’, was held to mark the inaugural ceremony of the biking track in which over 50 professional bike riders across the north region including, Manali, Chamba, Dehradun, and Chandigarh, competed in three categories including novice, expert, and open bike.

The event included a 2-km cross country section and 2.5 laps of the 450m track.

Navneet Sangar, a participant from Kurukshetra, who works with an IT company, said, “It is amazing as there is no other such track in Punjab or the neighbouring states. The bikers

Read More

Which Are the Best HID Brands?

When purchasing the best HID brands, the customer must consider:

  1. The product materials
  2. The lighting bulb type
  3. How easy the product is to install

Affordable HID lights

For the most affordable HID lights available, you should consider buying The Kensun HID Headlights. Kensun HID Headlights provides the installation instructions for the different bulbs in the kit so the customer can purchase light bulbs to match the equipment they are using. You can buy Kensun HID Headlights for most compact fluorescent, daylight saving, or led high bay lighting systems. Once purchased, the buyer connects the kits to the existing wiring.

The buyer should take the time to learn about the bulbs and the quality before purchasing any bulbs. It is helpful to research the various HID bulbs quality and how each one works. It will ensure that the consumer is buying the best bulb for their needs. For instance, it … Read More

2 dead after motorcycle crashes into car in Phoenix

A man and a woman are dead following a crash involving a motorcycle and car near a Phoenix intersection.

According to Phoenix Police, the crash happened at about 9:15 p.m. on Oct. 30 near 39th Avenue and Camelback Road when a man driving a motorcycle crashed into a vehicle.

“Officers learned an adult male driving a motorcycle collided with a vehicle occupied by two adult females and a teenage female,” said Sgt. Andy Williams.

The motorcyclist and a woman riding in the vehicle were pronounced dead at the scene. They have been identified as 30-year-old Shawn Stokes and 46-year-old Diana Fletes

The other two passengers in the vehicle suffered minor injuries.

Read More