Jesse Rooke and HardDrive V-Twin Products Form Alliance. HardDrive American V-twin, a division of Western Power Sports (WPS) Products, and Jesse Rooke are pleased to announce the formation of an alliance that will see the bike builder serve as HardDrive’s creative ambassador for the foreseeable future. Rooke brings years of custom bike building experience and his own unique style to HardDrive as he sets to work designing signature V-twin parts for the brand. As part of the agreement HardDrive will also now serve as the official distributor of Rooke Customs products.
Harley-Davidson Inc. Board Approved A 13% Increase Of The Company’s Quarterly Dividend and authorized the repurchase of as many as an additional 20 million shares. The quarterly dividend was raised to 35 cents a share, an increase of four cents a share, to yield 3.5%. The increased dividend is payable to shareholders of record as of Feb. 14. Tony Macrito, a spokesperson for Harley, said one of the top priorities for the company was to return value to its shareholders. “Looking forward, we expect to continue to return excess cash to our shareholders in the form of increased dividends and continued share repurchases,” Macrito added.
Tennessee Proposed Bill To Allow Motorcyclists To Ride Without A Helmet. Tennessee is one of 19 states with a helmet law. The proposed legislation would allow anyone 21 or older to ride without a helmet. A new legislation aiming to give motorcycle drivers the option of being on the road without a helmet has passed a House Finance subcommittee. The bill has some limitations. You have to be 21 years old, and be covered by private health or medical insurance. Supporters of the bill cited a Pennsylvania study showing motorcycle registrations go up after a helmet law is repealed. There are more than 167,000 motorcycles registered in Tennessee.