Harley-Davidson motorcycles sales exceed expectations

Harley-Davidson announced that they sold 80,682 motorcycles worldwide, more than they expected for this quarter. Most of the units that were sold were outside their major North American market.

This increase in sales for the motorcycle manufacturer helped the company to boost their shares by seven per cent. The Milwaukee-based manufacturer says that this is a good rise they have seen in 18 months and the company has gained 3.8 per cent for the year. To be specific, at the close in New York time, the shares saw a hike of 6.4 per cent to 71.87USD. This was the biggest jump since October 23, 2012.

Harley-Davidson Motorcycles have recently shifted their focus to lightweight smaller capacity motorcycles. They plan to enter emerging markets like India with products that would be placed in the premium segment and yet be affordable.

The two-wheeler manufacturer recently introduced the Street 750 in the Indian bike market which has been well appreciated so far. The motorcycle is being produced in India at the company’s manufacturing facility in Bawal, Haryana and is priced very aggressively at Rs 4.1 lakh (ex-showroom Delhi). Stay tuned to BikeWale as we will soon publish our road test of the Street 750.

Click here to check the on-road price of the Harley-Davidson Street 750 in your city.

Source: The Financial Express