MotorcycleIndustry

Harley-Davidson Considers $1 Billion Sale of Finance Division to Boost Growth

1 hour ago

In a significant strategic shift, Harley-Davidson Inc. is reportedly exploring the potential sale of its finance arm, Harley-Davidson Financial Services (HDFS), with estimates valuing the division at over $1 billion. This move comes as the iconic motorcycle manufacturer navigates a challenging market and seeks to streamline its operations, paving the way for future growth and investment in its core motorcycle business.

Harley-Davidson in Transition: CEO Jochen Zeitz to Step Down

2 days ago

In a significant shift for the iconic motorcycle manufacturer, Harley-Davidson is on the hunt for a new Chief Executive Officer (CEO) as Jochen Zeitz has announced his intention to step down from the role he has held. This development comes as the company aims to navigate the challenges of the evolving motorcycle market and strengthen its position against emerging competitors.

Whitebox Capital Adjusts KTM's Counterproposal Amid Ongoing Creditor Discussions

2 months ago

In a strategic maneuver during a recent creditor call, Whitebox Advisors, a prominent hedge fund, has modified its counterproposal concerning KTM's financial restructuring efforts. This adjustment comes at a critical juncture as the company seeks to navigate a complex web of outstanding debts and creditor relationships.

KTM Faces Allegations of Delaying Tactics as Shareholder Vote Approaches

2 months ago

KTM, the renowned motorcycle manufacturer, is in the spotlight as it faces serious accusations regarding its corporate governance practices just ahead of a crucial shareholder vote scheduled to take place next week. The allegations suggest that the company is employing delaying tactics to thwart important decisions regarding corporate governance and leadership alterations, raising concerns among investors and stakeholders alike.

KTM's Insolvency Filing Triggers Sharp Decline in Pierer Shares

5 months ago

Shares of Pierer Mobility abruptly dropped as investors reacted to the news of its subsidiary, KTM AG, filing for insolvency in Austria. This announcement has not only caused concern among stakeholders but has also raised questions regarding the long-term stability and financial health of the company.

Motorbike Manufacturer KTM Faces Serious Debt Challenges, Impacting Owner Pierer Industrie

5 months ago

KTM, the renowned manufacturer of motorcycles, is grappling with significant financial difficulties, a situation that has put pressure on its parent company, Pierer Industrie. The challenges have emerged as the global motorbike market confronts a multitude of obstacles, ranging from supply chain disruptions to fluctuating demand in key regions.