Shares of Harley-Davidson (NYSE:HOG) were slumping Wednesday after ITG Investment Research lowered its Q1 unit sales forecast citing evidence that sales trends deteriorated significantly in March, MarketWatch reported. The research firm lowered its U.S. retail unit sales forecast by three percentage points, as it now expects a year-over-year decline of 5% to 7% in Q1.
Sales of BMW brand vehicles decreased 12.5 percent in March for a total of 30,033 compared to 34,310 vehicles sold in March, 2015. Year-to-date, BMW brand is down 10.0 percent on sales of 70,613 compared to 78,492 sold in the first three months of 2015.
Bajaj Auto Limited posted a growth of 26 per cent in overall motorcycle sales in March 2016, as compared to the same period a year ago. Overall Bajaj sold 2,64,249 motorcycles in March '16 as compared to 2,09,937 in March '15.
Royal Enfield, a unit of Eicher Motors, has just announced its monthly sales for March 2016. Recording a milestone in its history, the company has now crossed the monthly sales of 50,000 unit mark last month.
Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) on Friday reported a 4.4% decline in total sales at 381,521 units in March. The company had sold 3,99,173 units in the corresponding month last year.
Suzuki Motor of America Inc., (SMAI) announced today the appointment of Kerry Graeber as the company’s new Vice President, Sales and Marketing. A former executive with the company, Graeber rejoins Suzuki to focus on strengthening the Suzuki brand in the American powersports market and expand the company’s recent sales success.
Southern California Motorcycles, Triumph Motorcycles’ top global dealer in 2015 and number one North American dealer for nine years in a row, achieved legendary success through partnering with companies like British Customs and showcasing custom motorcycles built in authentic vintage styles on showroom floor.
Famous for its combination of extreme speeds, treacherous terrain and 156 turns, competitors race up the 12.42 mile (19.99 km) long and 14,115 ft. (4,300 m) mountain peak against the clock with conditions that can change from sun at the start to snow at the finish.
Eicher Motors-owned Royal Enfield has been growing at a swift pace of over 50% in the past five years. With a target to become a global leader in the mid-sized motorcycle segment, Royal Enfield has been aggressively expanding its global footprints across Europe, Latin America, Middle-East and South East Asia.
SAN JOSE — Sena Technologies a leader in Bluetooth innovation for the motorsports, action sports and outdoor sports lifestyles, has released the new Prism Tube for the affordable retail price of just $119.