Sources: AMD, IDN, FT, Reuters, PSB, MPN, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles. news, RideApart. com, Motor1. com, Cycle World, motorbikewriter. com |
NEWSBRIEFS Indian conglomerate and Harley partner Hero MotoCorp has reported record-breaking financial results for its full 2025-26 financial year( FY26- April 2025- March 2026). The company sold 5,842,549 motorcycles(+ 6.68 %) and 626,285 scooters(+ 53.19 %), exporting 402,786 units, marking international a growth of + 40.13 %. At the time of writing, it is thought that Hero MotoCorp will be the manufacturer of the MY 2027 planned Sprint- likely based on the Hero ' s oil-cooled X440T single.
New data from the U. S. Bureau of Economic Analysis show outdoor recreation continued to play a significant role in the U. S. economy in 2024, with powersports ranking among the sector ' s largest activities. According to the agency ' s latest Outdoor Recreation Satellite Account, outdoor recreation generated $ 1.3tn in economic output in 2024, supporting 5.2 million American jobs and accounting for 2.4 % of U. S. gross domestic product. The sector grew 2.7 % in real terms( inflation-adjusted) over 2023, reflecting continued demand for outdoor experiences throughout the nation.
USA- Importers can now begin filing for refunds on certain tariffs following the April 20 launch of U. S. Customs and Border Protection ' s new Consolidated Administration and Processing of Entries( CAPE) system. The refunds stem from tariffs imposed under the International Emergency Economic Powers Act that were later struck down, prompting the development of a formal process to return duties paid on eligible entries.
Europe- Harley-Davidson and Jeep have announced a European partnership. Both brands will participate in 2026 motorcycle season Harley events in Europe. Having started at Harley ' s European Spring Rally at Senigallia in Italy at the end of April, the two will be at other H-D flagship events in Europe in 2026. These will include The European H. O. G. Rally, Cascais, Portugal( June 18-21); European Bike Week, Faak am See, Austria( September 8-13); the International ' Ladies of Harley ' event at Pescara, Italy( October 3) and the H. O. G. Winter meeting, Genoa, Italy( November 28).
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<<< Continued from cover the chains. The Q1 highlights included that 14 % increase in North American retail sales vs. the prior year( 23,803 units), with overall global retail motorcycle sales of 33,507 units, up 8 % vs. the prior year. Global dealer new motorcycle inventory levels were said to have ended Q1 ' 26 down 22 % vs. end Q1 ' 25, with HDMC global motorcycle shipments of 37,295, down 3 % vs. the prior year. HDMC revenue of $ 1.1bn was down 2 % vs. the prior year, with the rebuilt profile of HDFS producing a Q1 operating income margin of 19.9 %. Harley delivered diluted EPS of $ 0.22 and repurchased $ 128m of shares( 6.6 million shares) on a discretionary basis, though it indicated that they now expect conclude their reporting on this program. Harley incurred $ 15m of costs related to strategic changes, including termination benefits and other restructuring charges. Artie Starrs reiterated that the LiveWire loan that Harley backed and provided for LiveWire at the end of 2025 would indeed be the end of the gravy train for the EV brand where access to Harley ' s balance sheet was concerned. Upcoming at LiveWire is the launch of a 125 cc equivalent S4 platform model- The ' Honcho '- designed as an urban / commuter and trails / off-road capable machine. This will see the LiveWire brand( finally) being focussed on the two segments where electric PTWs have( so far) gained some traction. Starrs also confirmed Harley could explore those M & A opportunities in the coming months and years where there was a compelling fit with their new corporate plans and priorities. He specifically alluded to adding to what amounts to good additional reasons for riders to visit dealer showrooms. In detail, Q1 2026 results showed consolidated revenue in the first quarter was down 12 %, driven largely by an HDFS revenue decrease of 54 %. Consolidated operating income in the first quarter was down 85 %, driven by a decline of 84 % at HDMC and a decline of 65 % at HDFS. At the LiveWire segment, the operating loss improved by $ 2m or 11 % lower than the prior year ' s loss. Consolidated operating income margin in the first quarter was 2 % relative to 12.1 % in the first quarter a year ago. First quarter global motorcycle shipments decreased 3 %, in-line with the Company ' s expectations. Revenue was down 2 %, driven by the decrease in wholesale shipments and the unfavorable net effect of global pricing and sales incentives, partially |
The new Harley ' Sprint ' is now confirmed for MY 2027 and is still likely to be based H-D India ' s oil-cooled X440T single- though price point is now expected to be over the Jochen Zeitz targeted $ 6k mark bus below the $ 10k entry level price of the new air-cooled Sportster.
Harley-Davidson, Inc. Consolidated Financial Results
Harley-Davidson Motor Company( HDMC)
Harley-Davidson Retail Motorcycle Sales
offset by favorable foreign currency. Parts & Accessories revenue was down 1 %, and Apparel revenue was flat. First quarter gross margin was down 3.9 points due to the cost of new or increased tariffs, the net effect of global pricing and sales incentives, and unfavorable product mix. These factors were partially offset by a favorable court judgement resulting in a tariff refund in the EU and favorable foreign currency. First quarter operating income margin was down
9.0 points due to the factors above, while operating expense was $ 49m higher than a year ago, including restructuring expense of $ 15m in the quarter. As reported, global retail motorcycle sales in the first quarter were up 8 % versus the prior year, reflecting strong year-over-year results in North America and soft international results. North America retail experienced 16 % growth in the US, driven by strength in
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