Table Of Content
With a diverse range of options available, our knowledgeable staff can assist you in finding the perfect bike to suit your needs. Whether you're drawn to Adventure Touring or prefer the classic Cruiser style, we offer a variety of models to consider. Experience a new level of riding with models like the Electra Glide, Fat Bob, Fat Boy, Forty-Eight, and 883 Iron.
Harley-Davidson® Street Glide® Special Gauntlet Gray Metallic/Vivid Black
Visit us in Milwaukee today and be part of a legacy that continues to thrive through the spirit of Harley-Davidson®. LiveWire is fully committed to the electrification of the sports by building the best product and delivering an unmatched customer experience. Harley-Davidson, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). The Harley-Davidson® Riding Academy New Rider Course is designed to get you comfortable on a bike and give you the skills you need to ride with confidence.
Harley-Davidson® Pan America™ 1250 Special Black
At Los Angeles Harley-Davidson®, we value the opportunity to create a long-term relationship with our customers, and we do that by making sure to exceed your expectations. Discover an array of new motorcycles for sale and receive full support throughout the purchasing process at our dealership. Our team will assist you in determining the riding style that best suits your personality and preferences. Once identified, explore our inventory and find the motorcycle that resonates with you.
See The Bikes
Harley-Davidson Ebike Spinoff Serial 1 Snapped Up By LEV Manufacturing - Forbes
Harley-Davidson Ebike Spinoff Serial 1 Snapped Up By LEV Manufacturing.
Posted: Tue, 28 Nov 2023 08:00:00 GMT [source]
You can see our commitment to capital returns since 2022 on page 15. Since the beginning of 2022 and through Q1 2024, we've bought back $773 million in shares and paid out $214 million in dividends. We are committed to putting customers at the forefront of our products and experiences. H-D Flex does just that, while providing them with another innovative financing option to make Harley-Davidson motorcycle ownership fit the individual budget and lifestyle.
RIDE WITH THE HOUSE
Dealer inventory at the end of Q1 was up approximately 26% as compared to the end of Q1 in 2023. We believe current dealer inventory and product availability are in healthy positions overall as we approach the spring 2024 riding season. This is important with the recent launch of new model year 2024 motorcycles, especially with the positive reception to our new Street Glide and Road Glide Touring models.
House of Harley Specializes in New Harley-Davidson® Bikes
The increase in credit losses was driven by several factors relating to the current macroeconomic environment and the related customer and industry dynamics. In addition, the retail allowance for credit losses for the first quarter remained flat at 5.4% from Q4 of 2023. Total retail loan originations in Q1 were up 2%, while commercial financing activities were up 22% to $1.5 billion. Total quarter end net financing receivables, including both retail loans and commercial financing was $7.9 billion, which was up 4% versus prior year. For the LiveWire segment, electric motorcycles revenue decreased in the first quarter of 2024 compared to the prior year period despite higher unit sales in the quarter. We are proud to serve the Fullerton area, offering the best in new Harley-Davidson® and pre-owned motorcycles.
Harley-Davidson® Dealership near Los Angeles, CA
This is flat to down 100 basis points from the 2023 level. The project, which has been pioneered by the Harley-Davidson Foundation, will look to further connect the company, our brand and our employees to the local community, reinforcing our commitment to our hometown, Milwaukee. We could not be more excited to show you our neighborhood on the near West Side. Before I hand over to Karim to cover LiveWire, I would like to cover our outlook for the rest of the year. As we said earlier in the year, for HDMC, we expect retail units to be flat to up 9%.
These increased costs were partially offset by higher interest income. Total interest expense was up $15 million or 21% versus the prior year. The increase was driven by a higher cost of funds as lower interest rate debt matured and was replaced with current market rate debt.
The decrease of 450 basis points was driven by lower operating leverage and the revenue factors I just spoke about, as well as continued modest cost inflation of 1% to 2%. The majority of the units shipped in the first quarters of 2024 and 2023 were produced in the preceding fourth quarters in advance of the new model year launch. Production volumes were down 24% in the fourth quarter of 2023 compared to the fourth quarter of 2022, which resulted in a higher fixed cost per unit on motorcycles shipped in Q1 of 2024 compared to Q1 of 2023. The unfavorable impact of lower operating leverage was offset by other productivity savings related primarily to logistics during the quarter.
We host world-class events that bring together passionate Harley-Davidson® enthusiasts, creating a vibrant community of riders. Welcome to the House of Harley-Davidson®, the ultimate destination for all your Harley-Davidson® needs in Milwaukee. As one of the largest dealerships in the Upper Midwest and Great Lakes regions, we pride ourselves on providing an unparalleled Harley-Davidson® experience. From the moment you enter our doors, we're dedicated to making your journey with us extraordinary. Immerse yourself in the unparalleled Harley-Davidson® experience as we strive to make it everything it was meant to be and more. Our expansive dealership, among the largest in the Midwest, boasts a comprehensive selection of the latest bikes, hosts world-class events, and collaborates with community organizations.
Photos: 4 decades of Harley-Davidson anniversary celebrations in Milwaukee - Milwaukee Journal Sentinel
Photos: 4 decades of Harley-Davidson anniversary celebrations in Milwaukee.
Posted: Sun, 26 Aug 2018 07:00:00 GMT [source]
Choose from Sport, Cruiser, Adventure Touring, Grand American Touring, Trike, and CVO options all available under one roof. House of Harley-Davidson is committed to providing you with an exceptional riding experience. Explore our dealership to find an exceptional selection of new motorcycles.
We expect 163,000 to 178,000 retail and wholesale units. This results in HDMC revenue coming in flat to down 9% versus prior year. Last, I will touch on a couple of additional items in terms of capital investments and capital allocation. We continue to expect total HDI capital investments in the range of $225 million to $250 million. The increase in operating cash flow was due primarily to lower net cash outflows for wholesale financing and favorable changes in working capital compared to Q1 of 2023.
And lastly on Pillar 6 inclusive stakeholder management, we are looking forward to formally unveiling the new community park at our Juneau Avenue headquarters on June 24. And as the riding season is starting to get into gear, we're excited for our riders and fans both inside and outside of North America to get to experience the next era of Harley-Davidson Touring motorcycles. As usual, I will now briefly address select Hardwire strategic pillars and our delivery of them, starting with pillar one, profit focus. Overall, we are very pleased with our new model year launch and in particular our newer Touring lineup, which is being received very positively by customers, dealers and media alike.
For the first time in our history this innovative loan option provides an alternate way to purchase a Harley-Davidson motorcycle. While we offer a wide selection of new and used motorcycles, including cruisers, trikes, and touring models, we’re here to help with everything else. In fact, you can learn how to ride with our team of experienced experts or you can stay up-to-date with Harley-Davidson® of Glendale through our newsletter! We even carry a selection of vintage motorcycles that are available to rent so you can experience the heritage that the Harley-Davidson® brand was built on. Get in touch with our Glendale, CA motorcycle dealership to learn about all the options we can assist with. In Q1 HDFS' annualized retail credit loss ratio was 3.7%, which compares to an annualized retail credit loss ratio of 3.2% in Q1 of 2023.
No comments:
Post a Comment