Biker News & Biker Lifestyle Manufacturer News and Motorcycle Laws

‘We are using this time to course correct,’ Harley-Davidson director of product sales says

New age of Biking and Brotherhood
The most popular selling book on the biker lifestyle Available at all major book stores

Dow Jones Newswires

Harley-Davidson Inc. is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, steering away from more expansive plans to stop a yearslong sales slide.

Milwaukee-based Harley’s U.S. assembly plants and most of its dealers closed in March as part of a nationwide effort to slow the spread of the new coronavirus. As many of the company’s 698 U.S. dealers were making plans to reopen, Harley’s director of product sales, Beth Truett, told them in a memo earlier this month that about 70% of them likely wouldn’t receive any additional new motorcycles this year.

Don’t forget to follow us Insane Throttle on Facebook for Video Biker News – http://www.facebook.com/insanethrottle

“We are using this time to course correct and rewire the company in pursuit of making Harley-Davidson one of the most desirable brands in the world,” Ms. Truett said in the memo, which was viewed by The Wall Street Journal.

Insane Throttle Biker News
Check out Insane Throttle on YouTube for more happenings in the Biker Scene from the #1 Biker Podcast Motorcycle Madhouse host James “Hollywood” Macecari

Harley’s strategy reversal shows how some companies are pivoting amid the economic turmoil caused by the pandemic, reviewing operations or products that may not work amid an uncertain recovery.

Former Chief Executive Matt Levatich had planned to offset declining sales of the big, expensive bikes favored by Harley’s core baby boomer customers with dozens of new models by 2027, many of them smaller, cheaper and aimed at foreign markets. Mr. Levatich stepped down in February under pressure from shareholders threatening to initiate a proxy contest for board seats after Harley closed its fifth consecutive year of falling U.S. sales.

He has been replaced by Jochen Zeitz, a longtime Harley board member, former CEO of German athletic-apparel company Puma SE and founder of a new contemporary art museum in Cape Town, South Africa.

The Nomads join the Bandidos, Outlaws Devils Henchmen, Black Uhlans and the Rebels who’s patches have been banned

Read rest of the Article

2 comments

  1. FYI, Harley-Davidson is done, over with…..Poor Management has destroyed this company, it will never come back.

    Like

Comments are closed.

%d bloggers like this: