Harley-Davidson (NYSE: HOG) has been spending big coin to revamp the entire motorcycle lineup. Hopefully that will stem the market share decrease of 4%. I Wish them well.
Indian has seen sales increase 20%.
I wish all the motorcycle companies success no matter what the brand.
Today Q 3 Results for Polaris and Moco
Polaris Industries Inc. reported third quarter 2017 sales of $1,478.7 million, up 25 percent from $1,185.1 million for the third quarter of 2016.
North American consumer retail demand for the Polaris motorcycle segment, including Indian Motorcycle and Slingshot, was up mid-single digits percent during the 2017 third quarter. Indian Motorcycles increased retail sales 16 percent, partly driven by new model introductions including the new Chieftain Elite and Limited models and Roadmaster Classic. Indian Motorcycle market share surpassed the ten percent mark in September. Slingshot's retail sales were down although the rate of decline decelerated during the quarter. Motorcycle industry retail sales, 900cc and above, were down high-single digits percent in the 2017 third quarter.
Harley-Davidson reported its third quarter results with worldwide retail motorcycle sales down 6.9 percent in the third quarter compared to the same period in 2016.
The company's third quarter 2017 diluted EPS decreased to $0.40 from $0.64 in the third quarter of 2016. Third quarter net income was $68.2 million on consolidated revenue of $1.15 billion versus net income of $114.1 million on consolidated revenue of $1.27 billion in the third quarter of 2016.