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Harley To Shut India Factory, Reduce Size of Sales Office
Harley-Davidson Says Expects To Incur Restructuring Expenses Of Approximately $75 Million In 2020
Harley-Davidson Says Gina Goetter Will Join Company As CFO
Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services. The Company manufactures and sells at wholesale cruiser and touring motorcycles. The Financial Services segment consists of HDFS, which provides wholesale and retail financing and insurance-related programs to the Harley-Davidson dealers and their retail customers. HDFS is engaged in the business of financing and servicing wholesale inventory receivables and retail consumer loans for the purchase of Harley-Davidson motorcycles.
3700 W JUNEAU AVE
Chairman of the Board, President, Chief Executive Officer
Chief Financial Officer
Lawrence G. Hund
Chairman of the board of Harley-Davidson Financial Services and Chief Commercial Officer of Harley-Davidson Motor Company, Inc
Julie M. Anding
Chief Human Resource Officer, Vice President
Senior Vice President - Product and Operations
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* India's Hero, Harley in talks for distribution deal-sources
Harley-Davidson Inc <HOG.N> said on Thursday it would discontinue its sales and manufacturing operations in India, effectively abandoning the world's biggest motorcycle market after a decade of unsuccessful efforts to gain a foothold.
U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report $75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India.
A U.S. judge late on Monday approved a revised settlement with Harley-Davidson Inc over excess emissions that dropped a requirement that it spend $3 million to reduce air pollution.
Harley-Davidson Inc <HOG.N> on Tuesday reported an unexpected quarterly loss due to disruptions caused by the coronavirus pandemic, sending its shares sliding over 9% in morning trade.
* HARLEY-DAVIDSON SAYS SALES HAVE INCREASED SEQUENTIALLY SINCE APRIL - CONF CALL
A U.S. appeals court on Tuesday said a proposed class action accusing Harley-Davidson Inc of imposing unnecessary $1,399 "freight and prep" fees on motorcycle purchases belongs in federal court.
Harley-Davidson Inc <HOG.N> on Thursday said it will lay off 500 employees this year as part of new Chief Executive Jochen Zeitz's efforts to revive the struggling motorcycle maker.
Harley-Davidson Inc said on Thursday its Chief Financial Officer John Olin will be leaving his role, effective immediately.
Harley-Davidson Inc <HOG.N> said on Thursday it will cut about 140 jobs in the United States following the motorcycle maker's decision to adjust production volumes.
Harley-Davidson Inc will cut 140 jobs in the United States following its decision to adjust production volumes, a company representative told Reuters.
Harley-Davidson Inc <HOG.N> is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on Wednesday.
Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on Wednesday.
Harley-Davidson Inc <HOG.N> on Thursday appointed board member and turnaround specialist Jochen Zeitz to the role of chief executive officer, as the struggling motorcycle maker looks to tap into his expertise to woo customers and revive sales.
Motorcycle maker Harley-Davidson Inc on Thursday named Jochen Zeitz as chief executive officer. Zeitz has served as acting president and CEO of the company since February 2020. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Saumyadeb Chakrabarty)
Harley-Davidson Inc <HOG.N> slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle demand in the first quarter.
Harley-Davidson Inc reported a drop of about 45% in quarterly profit on Tuesday as motorcycle sales took a hit from global lockdowns due to the coronavirus pandemic.
Harley-Davidson Inc <HOG.N> said on Wednesday it had temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic has hurt its business.
Harley-Davidson Inc said on Wednesday the majority of its global production employees were currently on a temporary layoff due to the coronavirus pandemic.
Harley-Davidson Inc <HOG.N> said on Monday it settled a board fight with Impala Asset Management just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.