American Motorcycle Dealer AMD 226 May 2018 | Page 6

HARLEY IN BRIEF Harley-Davidson was up to 3rd place in market share terms in Germany for the first two months of 2018, albeit on low volumes so far, having sold 834 units for a 9.52 percent share – placing it above players such as Honda, Kawasaki, Yamaha, Ducati and Triumph. Its top sellers so far in 2018 are the XL 1200 X and Street Bob. However, all manufacturers are eating BMW’s dust – the unstoppable Munich machine scored a whopping 30.84 percent market share YTD. Established in 1987, Frontier Harley-Davidson in Lincoln, Nebraska, has been sold by owners David and Deborah Fischer to Nebraska and Iowa car dealer Steve Hinchcliff (H & H Automotive). Harley was the leading road bike brand in market share terms in Australia in 2017 (8,903 units sold), ahead of Honda and Yamaha; its top sellers were the XG500 (1,182 units - the second bestselling road bike overall in Australia in 2017) and the FXSB (1,150 – the third bestselling road bike overall). Harley’s brake manufacturer Brembo (Italy) saw revenues grow by +8.1% in 2017 to € 2,463.6 million, with EBITDA up by +8.2% and net profit up by +9.5%. EagleRider has passed a “significant milestone” after a year of its dealer rentals partnership with Harley, having signed its 100th Harley dealer to the program. Harley’s Director of Retail development Anoop Prakash said “our alliance with EagleRider is an important component of our objective to build two million new riders in the U.S.” The Muscular Dystrophy Association has honored Harley as “one of its outstanding national partners” for its 38 years of fundraising and support at its 2018 Clinical Conference at Arlington, Virginia. Harley, its dealers and its customers have raised over $103 million for research into the disease in that time. J&P Cycles is to make Harley’s 115th anniversary celebrations at Milwaukee (Aug 29 - Sept 2) a stop on its Mobile Tour - one of nine stops for 2018 that should see the company getting in front of more than a million enthusiasts. Having kicked off the tour at Daytona in March, further upcoming events include its own Iowa Rally in June, Sturgis, Delmarva, Biketoberfest and the Lone Star Rally in Texas. 6 <<< Continued from cover Matt Levatich goes on to say that “our view of the highly competitive global motorcycle market is grounded in a realistic assessment of risks, opportunities and capabilities needed to inspire ridership and grow our business. Our data-driven insights compel us to enhance and accelerate our strategies to ensure we deliver on our long-term objectives as we build the next generation of Harley-Davidson riders.” Continuing its “building riders” thesis, Harley states that as it “continues to make progress building the next generation of riders,” it has “increased its reach and impact during the first quarter through a wide range of efforts.” The efforts cited include adding to the “long legacy of its Sportster motorcycle line with the introduction of the Iron 1200 and Forty-Eight Special models, the latest in a line of 100 high-impact motorcycles the company expects to introduce by 2027”; continuing to “grow the appeal of motorcycling by debuting Harley-Davidson Snow Hill Climb at X Games Aspen alongside ski, snowboard and other action-sports competitions” and that it “increased brand access by adding new international dealers and new apparel and lifestyle boutiques in popular shopping areas in China and India” and “welcomed riders and non-riders to celebrate freedom as the company recognizes 115 years of continuous motorcycle manufacturing in 2018”. Fans were “invited to join the global freedom movement on social media and join celebrations in Prague in July and Milwaukee over Labor Day weekend.” Harley also sees its investment in a “collaborative agreement” with Alta Motors as “supporting Harley- Davidson’s commitment to lead in the electrification of the sport of motorcycling to reach new customers in new spaces.” Still claiming that reducing manufacturing capacity is a good thing and a practical step towards growth, the company went on to say that