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Wednesday, 5 April 2017

News Briefs

If Harley-Davidson are going to increase the dividend they pay to shareholders, they generally do so early in the year, following the prior year fiscals. This year the board has approved a dividend of $0.365 per share (common stock) for the first quarter of 2017, a 4.3 percent increase compared to the $0.35 paid Q1 2016.

Harley-Davidson Financial Services is being sued by a customer in Florida for what has been described as telephone harassment when an auto-dialler system made repeated collection calls to his cell phone.

Harley has seen its 26th dealership open in India since it began selling there in 2010. Foothills Harley-Davidson, at Dehra Dun in the state of Uttarakhand in norther India, lies in the “Doon Valley", close to the foothills of the Himalayas.

The percentage of Harley-Davidson unit sales being made outside the U.S. reached a new record percentage of total sales in 2016, at 37.89 percent (98,631 units) of their total 260,289 unit sales for the year. That is substantially up on the 36.42 percent posted in 2015 and from the 30.22 percent (94,830 units) exported in 2008. Sales in Europe (EMEA) were a new record at 45,838 units sold, 46.47 percent of total export sales and 17.61 percent of total sales. Harley achieved a record in-class market share in Europe in 2016 of 10.8 percent.

From a 2016 low of $56.25 following release of their 2016 fiscals, Harley saw its share price recover ground to reach a 23-month high of $62.94 in mid-March, a level not seen since April 2015, but it had fallen back to $60.57 as this edition of AMD Magazine went to press March 21. However, that is still substantially up on the year-ago (March 22, 2015) level of $49.66.

As the Official Motorcycle Tire through 2019 for the American Flat Track series (AFT), Dunlop is stepping up technical support in the form of additional tire choices - at select Twins class rounds competitors will have the option of choosing between two Dunlop DT3 tire compound tires. Additionally, Dunlop will increase contingency offerings by nearly 300 percent and expand pay-out to first through fifth place finishers in both the AFT Twins and AFT Singles classes.