Harley-Davidson notified an undisclosed number of workers that it would reduce its global workforce, Wisconsin Public Radio reported. A company spokesperson confirmed the layoffs but did not specify the number of impacted workers or where they work. WPR cited the sub-district director of the United Steelworkers District 7, who stated that none of the union’s 500-plus members at Harley-Davidson facilities in Milwaukee or Menomonee Falls, Wisconsin, will be affected by the job cuts. Most Read in Manufacturi ...

Core Insights - A senior executive at Harley-Davidson sold shares amid a year of declining stock prices, indicating potential concerns about the company's performance [1][10] Transaction Summary - Charles Do, Senior Vice President in the Financial Services division, sold 4,241 shares for a total transaction value of $77,000, leaving him with 183 shares valued at approximately $3,288.51 post-transaction [2][6] - The shares were sold at a price of $18.09, while the stock closed at $17.97 on the same day, reflecting a 25.75% decline over the past year [2][10] Company Overview - Harley-Davidson reported a total revenue of $4.47 billion and a net income of $338.74 million, with a dividend yield of 4.14% [4] - The company's stock has experienced a significant decline, with a 1-year price change of -25.75% as of March 12, 2026 [4] Business Model - Harley-Davidson operates a dual-segment business model, with the Motorcycles and Related Products segment driving sales through a global dealer network and e-commerce, while the Financial Services segment provides financing and insurance products [7][8] - The company targets retail motorcycle consumers globally, focusing on markets in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia-Pacific [7] Market Context - The company's stock price has been struggling, hovering between $17 and $19, significantly lower than its 52-week high of $31.25 [10] - In Q4 of the previous year, Harley-Davidson's revenue fell by 28%, and management is forecasting a consolidated operating loss for 2026 [10] Long-term Challenges - The core customer base of Harley-Davidson is aging and shrinking, posing challenges in appealing to younger consumers [11] - The company's pricing strategy may hinder its competitiveness, as Harley-Davidson motorcycles tend to be more expensive than alternatives [11]

The price trend for Yamaha Motor Co., Ltd. (YMHAY) has been bearish lately and the stock has lost 13.1% over the past four weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the onl ...

Group 1: Honda Motor - Honda Motor reported a revenue of $100.39 billion for the nine months ending December 2025, a decrease of 2.2% year-over-year [1] - Operating profit fell by 48.1% to $3.72 billion, with the automobile segment experiencing a loss of $1.05 billion compared to a profit of $2.53 billion [1] - The company incurred $1.76 billion in EV-related charges, leading to a reduction in its 2030 global EV sales ratio target from 30% to 20% due to declining demand and competition [1] - Full-year FY2026 guidance indicates a projected operating profit decline of 54.7% and a net profit drop of 64.1%, with EPS expected at approximately $0.47, below the analyst consensus of $0.52 [1] - The motorcycle segment generated $18.44 billion in revenue, showcasing strong profitability and pricing power in emerging markets [1] - Honda announced a share buyback of 747 million shares, representing 14.1% of issued shares, and trades at a forward P/E of roughly 8x [1] - Morgan Stanley downgraded Honda to Equalweight on March 11, 2026, citing rising raw material costs and geopolitical pressures [1] Group 2: REV Group - REV Group achieved a revenue of $2.46 billion for FY2025, with operating income recovering to $192.8 million and gross margins expanding to 15% from 12% in FY2023 [1] - The company reported Q4 FY2025 EPS of $0.83, exceeding the consensus estimate of $0.78, with revenue up 11.1% year-over-year [1] - REV Group's stock increased by 107.27% over the past year, from $30.83 to $63.90, due to significant institutional accumulation [1] - Terex Corporation completed its acquisition of REV Group on February 4, 2026, with shareholders receiving $8.71 in cash plus 0.9809 Terex shares per REV share [1] - The acquisition is expected to create a leading specialty equipment manufacturer with anticipated synergies of $75 million by 2028 [1]

Core Insights - Honda is pivoting away from electric vehicles (EVs) and expects significant financial losses as a result of this transition [1][1] - The company anticipates charges of up to 2.5 trillion Japanese yen ($15.75 billion) for the fiscal year ending March 31 due to this strategic shift [1][1] - Honda's projected loss for the fiscal year is between 340 billion to 570 billion yen, a stark contrast to its previous forecast of a 360 billion yen profit [1][1] Company Strategy - Honda is focusing on developing more competitive hybrid vehicles and expanding its motorcycle business to enhance profitability [1][1] - Executives at Honda will take a pay cut of 20% to 30% for three months in the next fiscal year to help offset the anticipated losses [1][1] Market Context - Honda's decision follows similar moves by other automakers like Stellantis, General Motors, and Ford, indicating a broader trend in the industry away from EVs [1][1] - The expiration of EV tax credits in the U.S. and tariffs imposed during the Trump administration are cited as factors complicating profitable vehicle sales in the U.S. market [1][1]

Core Viewpoint - Yamaha Motor's U.S. subsidiary is relocating its headquarters from Southern California to suburban Atlanta, aiming to enhance efficiency and profitability while addressing tariff challenges [1][2]. Group 1: Relocation Details - The relocation will commence at the end of this year and is expected to be completed by the end of 2028 [1]. - Yamaha plans to sell all fixed assets in Cypress, California, including land, offices, and warehouses, and will utilize a sale-and-leaseback arrangement to ensure business continuity during the transition [2][4]. Group 2: Historical Context - Yamaha has had a corporate headquarters in California for nearly 50 years, having acquired the land in 1978 and opened offices in 1979 [3]. - The company previously relocated its marine business to Kennesaw, Georgia, and its motorsports division also moved to Georgia in 2019, where it currently employs thousands, including about 2,000 at a 1.3-million-square-foot plant in Newnan [3]. Group 3: Government Involvement - Georgia Governor Brian Kemp indicated that Yamaha's decision followed a meeting with company executives in October of the previous year, promoting the state as a relocation destination for other companies, particularly those in California [5]. Group 4: Company Position - Yamaha is recognized as the second-largest motorcycle manufacturer globally and the fourth-largest by sales in the U.S. market [5].

Core Viewpoint - Yamaha Motor Corp. USA is relocating its headquarters from Cypress, California to Kennesaw, Georgia as part of major structural reforms aimed at boosting profits amid rising costs and market pressures [1][2]. Group 1: Relocation Details - The relocation process will begin in late 2026 and is expected to continue into 2028 [2]. - The move is intended to consolidate operations for greater efficiency, with all business functions centralized in Georgia [2]. Group 2: Impact on Workforce and Operations - Approximately 250 workers will be affected by the headquarters move [1]. - Yamaha's parent company, Yamaha Motor Co., Ltd., will also sell its 25-acre Katella Avenue campus, which serves as an administrative hub for its motorsports lineup [3]. Group 3: Market and Historical Context - The Cypress area has seen other corporate relocations, such as Mitsubishi Motors North America's move to Franklin, Tennessee in 2019 [3]. - Yamaha has previously moved its marine division to Georgia in 1999 and its motorsports operations in 2019, making this headquarters relocation a final step in its consolidation strategy [6]. Group 4: Property and Future Opportunities - Avison Young has been appointed to market the 279,000 square feet property in Cypress, which is seen as a significant industrial redevelopment opportunity in Southern California [4][6].

Core Insights - RideNow Group is experiencing a turnaround with significant improvements in adjusted EBITDA and same-store metrics despite exiting its transportation business [5][6][12] - The company aims to increase free cash flow and is positioning for potential refinancing of its term loan, with a focus on acquisition-driven growth in 2026 [1][6] Financial Performance - In Q4 2025, adjusted EBITDA rose 341% to $9.7 million from $2.2 million in the previous year [7][6] - Revenue for Q4 was reported at $256.9 million, a decrease from $269.6 million year-over-year, primarily due to the winding down of Wholesale Express [7][5] - Full-year revenue reached $1.08 billion with a gross profit of $298 million [13][14] Operational Changes - The company has consolidated its store footprint, selling two locations in Southern California and closing several others to focus on the powersports segment [2][3] - Management has shut down Wholesale Express to concentrate fully on powersports, which has led to operational improvements [3][6] Sales Metrics - Total powersports unit sales for Q4 were 15,642, reflecting a 1.9% increase from the prior year [8] - Same-store revenue increased by 6.3% to $256.9 million, with same-store gross profit rising 13.8% to $66.8 million [12][6] Inventory and Market Trends - The company aims to maintain three to four months of inventory, currently achieving this target with most inventory under 120 days [20] - Management noted healthier OEM inventories and a 9% to 10% increase in tax refunds, which are expected to support demand [19][20]

% ChangeQ1Q2Q3Q4FYQ1Q2Q3Q4FYQ1Q2Q3Q4FYSame Store Units(1)Retail - New:New retail7,76010,1209,16410,38937,4339,98011,5419,3809,85540,756(22.2) %(12.3) %(2.3) %5.4 %(8.2) %Pre- owned retail4,1185,0334,5044,09217,7474,6074,4324,1173,70616,862(10.6) %13.6 %9.4 %10.4 %5.2 %Total same store retail11,87815,15313,66814,48155,18014,58715,97313,49713,56157,618(18.6) %(5.1) %1.3 %6.8 %(4.2) %Wholesale5448089219393,2122232735407591,795143.9 %196.0 %70.6 %23.7 %78.9 %Total same store units12,42215,96114,58915,42058,3921 ...

Core Viewpoint - Harley-Davidson, Inc. will present at Citi's 2026 Global Consumer & Retail Conference on March 10, 2026, where Investor Relations Director Shawn Collins will engage in one-on-one and group sessions to discuss the company [1]. Company Background - Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services, aiming to lead the motorcycle industry through innovation and emotional connection [2]. - The company's mission emphasizes the pursuit of adventure and freedom, positioning itself as the most desirable motorcycle brand globally since its establishment in 1903 [2]. - Harley-Davidson offers a lifestyle that includes customizable motorcycles, experiences, accessories, riding gear, and apparel, alongside financial services to support riders [2]. - The company holds a controlling interest in LiveWire Group, Inc., the first publicly traded all-electric motorcycle company in the U.S., which aims to become the leading electric motorcycle brand [2].