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Originally known as Dudley Perkins H- D , on Page Street , San Franciso , the then oldest continuously family owned and operated Harley-Davidson dealership in the world , was sold in 2018 by Janet Perkins . The new owners were Rich Gargano and Cliff Chester . Gargano also owns West- Coast H-D at Salinas and House of Thunder , the Harley dealership founded by ex-Custom Chrome man Dan Stern at Morgan Hill , CA . Perkins was renamed San Francisco Harley- Davidson and relocated to Mission Street . Well , despite its prestigious pedigree , that store has now been unceremoniously shuttered after 110 years . That still leaves AD Farrow of Columbas , Ohio , as the oldest store of all ( founded in 1912 ), and Warr ' s H-D on Kings Road , London , as the oldest ' founder-family ' continuously owned and operated dealership in the world , oldest of all dealerships outside of USA and , apologies if we ' re wrong on this , the second oldest H-D store in the world . John Warr celebrated the 100th anniversary of his dealership in June this year . It was founded by army Captain Frederick James Warr and his wife Margaret in 1924 . They passed the business on to Fred Warr , who died in 2022 , having , in turn , passed it on to his son John - now being the third-generation owner / operator - and on pretty much the same site too .

As reported in this edition of AMD , Harley has decided to return to exhibit at EICMA ( the ' Milan Show ') in November 2024 after a five-year absence . However , according to reports , it would appear that the company will not be announcing any new motorcycle models there .

Polaris Inc . reported Q2 North America ( NA ) unit retail sales for Indian Motorcycle down low twenties percent . Estimated North America unit retail sales for the comparable motorcycle industry were down midsingle digits percent . On Road segment sales ( primarily Indian Motorcycle and Slingshot ) were $ 293.3m for Q2 , down by -19 % compared to the $ 361.6m for the yearago quarter ; segment gross profit margin was 20.8 %, down by 180 bps from the 22.6 % in Q2 2023 . Q2 On Road PG & A sales decreased by -10 %. Off Road sales were $ 1,533.8m for Q2 , down by -6 % compared to the $ 1,631.4m in 2023 ; segment gross

' the second quarter proved challenging '

profit margin of 21.0 % was down by 140 bps from 22.4 % in 2023 . Q2 Off Road PG & A sales increased by 10 %. Powersports retail unit sales for the quarter were down by -8 % versus last year , driven by a decline in motorcycles and marine , second quarter ORV was down -4 %. Including $ 134.1m of Q2 sales in its marine segment ( -40 %), total Q2 sales were $ 1,961m , down by -12 % compared to last year . North America sales of $ 1,677m represented 86 % of total company sales and decreased by -11 % from $ 1,883m in 2023 . International sales of $ 284m represented 14 % of total company sales and decreased by -15 % versus

Diluted Net income per share : $ 1.21 $ 2.32 $ 1.27 $ 4.28

the second quarter of 2023 . Second quarter market share was flat in off-road vehicles ( ORV ) and pontoons . Primary factors affecting second quarter sales were lower volume and net pricing , driven by higher promotional spend , partially offset by positive mix . Second quarter reported diluted earnings per share was $ 1.21 , down by -48% versus last year ; adjusted EPS was $ 1.38 ( -43%). It has been a tough year for Polaris in share price terms . Its stock dropped from $ 82.14 at close the afternoon before these results were released to Mike Speetzen , CEO of Polaris : " The $ 74.67 as soon as traders saw them second quarter proved challenging the following morning . After dropping as our industry continued to contend with elevated interest to $ 71.96 the following day , the price rates , inflation and an increasingly cautious dealer and consumer ." Continues on page 7 >>>