Harley-Davidson CEO Matt Levatich Announced Roll-Out Of 50 new “high impact” Bikes Over The next 5 years. It will probably include production of Harley’s first-ever electric bike called Livewire which was originally unveiled in 2014. Because foreign bike makers use currency exchange fluctuations to offer discounts in the US, Levatich also said that he is expecting from the Trump administration “bilateral agreements that could help level the playing field for Harley-Davidson”
Öhlins USA Partners With American Flat Track. American Flat Track announced a renewed partnership with Öhlins USA for the 2017 race season. A global leader in motorsport suspension technology, Öhlins USA returns for a second year to give competitors in the premier AFT Twins class the opportunity to vie for the “Öhlins Fastest Lap Award” at each of the 18 rounds on the schedule. Öhlins is one of the most respected and recognizable brands in motorcycle sport. Öhlins USA will have a presence at select rounds to support riders utilizing their products, and will give fans an opportunity to check out their signature gold product lines.
Harley-Davidson Financial Sued For Alleged Harassing. Michael Oliver a Brevard County, Florida resident filed a complaint on Jan. 25 in the U.S. District Court for the Middle District of Florida Orlando, Division against Harley-Davidson Financial Services Inc., alleging violation of the Telephone Consumer Protection Act and the Florida Consumer Collection Practices Act. According to the complaint, the plaintiff alleges that beginning in December 2015, he suffered damages from receiving several collection calls on his cellular telephone. The plaintiff holds Harley-Davidson Financial Services Inc. responsible because the defendant allegedly kept on harassing the plaintiff by placing several calls per day on his cellular telephone using an automatic dialer system. The plaintiff requests a trial by jury and seeks statutory damages, punitive damages, actual damages, all legal fees plus interest, and any other relief as the court deems just. He is represented by Jared M. Lee of Morgan & Morgan, Tampa P.A. in Orlando.
J&P Cycles Partners With GEICO Insurance. J&P Cycles, the world’s largest aftermarket motorcycle parts and accessories retailer, will provides riders with personal insurance consultations from GEICO at their stores during Bike Week in Daytona Beach, Florida and the Sturgis Rally in South Dakota. Additionally, J&P Cycles Gold Club members and GEICO motorcycle insurance policy holders will receive other benefits online and at events to be announced throughout the year. Riders and customers will also find detailed information on how to select the right motorcycle protection and access to no-obligation insurance quotes from GEICO from the J&P Cycles website. GEICO is the second-largest private passenger auto insurance company in the United States.
ThunderRoad Financial Continues To Finance The Remaining Stock Of Erik Buell Racing Motorcycles. ThunderRoad Financial partnered with EBR only 4 months ago. EBR had only about 15 dealers at the end of year 2016 instead of the minimum of 40 expected. EBR Motorcycles will continue to honor warranties and provide technical and parts support to these current dealers and riders.
Harley-Davidson, Inc. Increases Dividend. The Harley-Davidson, Inc. (NYSE: HOG) Board of Directors has approved a cash dividend of $0.365 per share for the first quarter of 2017, an increase of 4.3 percent compared the first quarter 2016 dividend of $0.35 per share. The dividend is payable on March 3, 2017 to the holders of record of the company’s common stock on Feb. 15, 2017.
Rick Whitehead, 1954-2017. We‘re saddened by the passing of our friend Rick Whitehead of Custom Cycle Engineering (CCE). After attending Chico State Business College he joined his father’s company DEW (Donald Edward Whitehead) Manufacturing in 1979. Custom Cycle Engineering began making motorcycle parts in the 60’s. In the early 80’s DEW and CCE came together and started developed and manufactured such parts as the temperature gauge dipstick (Baja Products), steel triple trees, spool hubs, close ratio gear sets, intake manifolds, and more. They supplied parts for catalog companies such as Drag Specialties, Custom Cycle Delight, Motorcycle Goodies. The company was passed over to the brothers Rick & Jim Whitehead in the 90’s. A celebration will be held Sunday, February 12th from 12pm – 3pm at Custom Cycle Engineering, 1970 Peacock Blvd. Oceanside, CA 92056.
Harley-Davidson Inaugurated Its 26th Dealership In India. Harley-Davidson India has expanded its dealership footprint in India with its 26th dealership in the country: Foothills Harley-Davidson, located in Dehradun. Harley-Davidson India started operations in 2010 and was the first premium motorcycle brand to set up shop in India. The new dealership will offer all 13 models in the Harley-Davidson India 2017 line up.