Stay up-to-date with the latest in the world of Harley-Davidson. From new model releases and technology advancements to company announcements and industry insights, this category covers all the breaking news and essential updates about Harley-Davidson. Whether you’re a die-hard fan, a rider, or simply curious about the iconic brand, our news section keeps you informed on everything happening with Harley-Davidson, including events, partnerships, and trends shaping the future of motorcycling.
Sanford Man Killed in Motorcycle Crash on State Road 44 Photo by iSkyNews.com
By Ciara Perez, News Reporter | iSkyNews (ISC)
Published November 10th, 2024
Lake County, FL — A resident of Sanford tragically lost his life in a motorcycle incident on Saturday evening in Lake County, as reported by the Florida Highway Patrol (FHP). The accident occurred at approximately 5:03 PM on November 9, 2024, at the crossroads of State Road 44 and Bottany Woods Drive.
The 57-year-old motorcyclist was heading southbound on a 2020 Harley Davidson FXLRS when he was unable to manage a curve in the roadway. His motorcycle veered off the right side of State Road 44, crashing into a concrete mailbox. The impact of the collision caused him to be ejected from the bike.
Emergency personnel swiftly transported him to AdventHealth DeLand Hospital, where he was pronounced deceased. Officials from FHP confirmed that the rider was not equipped with a helmet at the time of the accident. The man’s family has been informed of his passing.
The FHP continues to investigate this heartbreaking incident to determine the circumstances surrounding this fatal crash.
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The Hamilton Police Service is requesting assistance from the community in finding a missing person, Jacob Ramjewan.
On November 9, 2024, around 8:40 p.m., Jacob Ramjewan departed from his residence located near East 14th Street and Brucedale Avenue East. He has not returned, and police are worried about his safety.
Jacob Ramjewan is described as: 31 years old, 5’8”, 250 lbs, with a dark complexion and short black hair. At the time he was last seen, he was wearing a black dress shirt over a Harley Davidson t-shirt, black jeans, and was barefoot.
If you possess any information that may aid our investigators, please reach out to the Division 30 Staff Sergeant at 905-546-3886.
An illustration of the proposed gaming facility included in the variance application documents.
MANCHESTER NH – During a meeting on Thursday evening, the Manchester Planning Board expressed support for a proposal that aims to demolish and reconstruct a new Revo Casino complex located on South Willow Street.
Following the granting of variances from the Manchester Zoning Board of Adjustment last month, two requests were presented to the Planning Board as part of the final steps prior to the commencement of the building reconstruction.
One of the requests involved reviewing a site plan application for the redevelopment, which aims to consolidate three plots into a single new lot. The two lots on John E. Devine Drive, currently home to the Even Hotel and the former Harley Davidson dealership, will effectively merge with the adjacent Revo lot to the south.
In the initial phase of renovations, both the Harley Davidson dealership and the hotel would be demolished to make way for a new two-story casino building measuring 67,175 square feet, accompanied by 290 parking spaces. After this phase, the existing Revo building would be taken down and replaced with an additional 750 parking spots.
The second request pertains to a conditional use permit that would allow the casino to operate without the full complement of required parking spaces during the construction of the additional spaces, which is anticipated to take about 3-6 months. The nearby bank would also be permitted to utilize some of the site’s parking, as demand from the bank and the casino is not expected to coincide.
The redesigned parking area will feature green space and improved stormwater permeability to address flooding concerns, as well as an internal “avenue” to manage traffic flow on-site and prominent landmarks near the newly integrated lot’s frontage on South Willow Street, establishing a recognizable point in one of the key gateway areas of the city, just off I-293.
Upon completion, the facility is projected to accommodate 730 gaming seats, include two restaurants, and feature an events center with a capacity of 800 for concerts and 300 for seated events.
The developers of the project have committed to replanting 43 trees removed from the site in another location within the city.
While no formal decision was reached during Thursday’s meeting, feedback from board members was largely affirmative.
“This is a unique opportunity to revitalize an area that serves as a gateway to the city,” noted Planning Board chair Bryce Kaw-uh.
“I appreciate your commitment to the city; this is a valuable project that is greatly needed in that area,” added Planning Board Aldermanic Liaison Dan Goonan.
A determination regarding the two requests is anticipated at the board’s next limited business meeting later this month, with construction on the casino redevelopment expected to span 18 months.
The casino will also require approval from the Board of Mayor and Aldermen for the installation of signage along the city’s right of way on South Willow Street, near the casino entrance. Currently, the casino uses parking spaces within this right-of-way; those will be removed, and a complete redesign of the entrance on South Willow is proposed to enhance traffic flow between the casino and the adjacent gas station.
A prominent figure in a New Zealand crime syndicate and his partner, who collectively reported an annual legal income of only $NZ16,500 ($14,900), have had two properties, $NZ70,000 in cash ($63,200), three vehicles, and a motorcycle confiscated following charges of
dealing methamphetamine
Records from the IRD indicate that the man’s legitimate income averaged approximately $5,400 annually over the past six years.
A leader of the Mongrel Mob and his partner have had thousands in cash, two houses, and three cars seized after being charged with dealing methamphetamine. (Supplied)
The partner’s legitimate income has been around $9,000 annually for the past seven years.
In March, police executed search warrants at several locations associated with the couple.
The man faces charges of possession of methamphetamine for supply, possession in an organized crime group, unlawful possession of a firearm, and failure to comply with obligations related to a computer.
From a Louis Vuitton handbag at a rented property, police seized $61,495 in cash, along with an additional $3,668 from other locations within the property.
Officers also recovered a money-counting machine, a handgun, ammunition, and several mobile phones.
Investigations of encrypted messages on the man’s devices revealed transactions involving 11kg of methamphetamine, valued at over $1.35 million.
The Mongrel Mob, an organized crime group, has chapters throughout New Zealand. (Stuff)
In addition to the cash, authorities confiscated two residences, a 1970 Ford Saloon, a 2013 Chevrolet Camaro, a 2016 Mazda ute, and a 2019 Harley Davidson.
The police commissioner sought a restraining order from New Zealand’s High Court for the confiscated items under the Criminal Proceeds (Recovery) Act.
Allegations state the couple maintained a lifestyle inconsistent with their income levels, which included luxurious vacations and extensive home renovations.
Justice Karen Grau stated there were sufficient grounds to suspect the couple had unlawfully profited from significant criminal activities, approving the restraining order that will remain in effect until July next year.
The next court appearance for the man is scheduled for February at Manukau District Court.
William Joseph Jurak, Sr., 80, of LaPorte, Indiana, formerly from Sawyer, passed away on Thursday, November 7, 2024, at Woodland Manor in Elkhart.
A funeral service is scheduled for 11 AM EST on Wednesday, November 13, 2024, at Pike Funeral Home, The Boyd Chapel, located at 9191 Red Arrow Hwy., Bridgman, MI 49106. Interment will take place at Swan Lake Memorial Gardens in Michigan City, Indiana. Family and friends are invited to visit with the family at the funeral home from 10-11 AM on Wednesday, prior to the service. Memorial donations may be made to Traditions Hospice, 3555 Park Place W., Suite 100, Mishawaka, IN 46545. Online condolences can be shared at www.PikeFH.com.
Bill was born on November 25, 1943, in Chicago, to the late William and Victoria (Havlicek) Jurak. He proudly served in the US Army, 101st Airborne Division. He married Geraldine Linduska on June 29, 1965, who sadly preceded him in death on May 17, 2009. Bill had a passion for dancing, visiting flea markets, hunting, trap shooting, and riding his Harley Davidson.
He is survived by his wife, Judy Jurak, whom he married on July 2, 2011; his sons, Bill Jurak, Jr. and Greg Jurak; Judy’s children, Shawn Bell, Troy Bell, and Lisa Wallen; his grandchildren: Amanda (Brian) Brumley, Sara (Caleb) Inman, Kevin, Kristina, and Keith Jurak, Melissa, Michelle, Amber, and Christina Bell, Kameron, Logan, Bailey, and Bryce Bell; as well as a brother, Joe Jurak, and a sister, Janet Jichenor.
Bill was also preceded in death by his son, Danny Jurak.
Arrangements are entrusted to Pike Funeral and Cremation Services, at 9191 Red Arrow Hwy, Bridgman.
A woman who has been missing from an outback town in WA since October 8, 1999, was reportedly seen that morning on the back of a Harley Davidson being driven by a member of a motorcycle gang, who was later killed by a sniper, according to an inquest into her death.
Lisa Govan, 28, disappeared after she was seen entering the headquarters of the outlaw motorcycle group Club Deroes in Kalgoorlie around 7:30 AM that same day.
To this day, her body has not been located.
During the inquest on Friday, Club Deroes associate Raymond Fisher stated he was “certain” he saw Ms. Govan on the back of Billy Grierson’s motorcycle the morning she went missing.
Mr. Grierson, who was affiliated with the rival bikie gang Gypsy Jokers, was shot dead in 2000 by a sniper outside the Ora Banda pub, located northwest of Kalgoorlie, allegedly on the directives of a publican and former senior Perth detective, Don Hancock, who himself was later killed in a car bombing.
The crime scene the morning after bikie Billy Grierson was killed at Ora Banda. (ABC News)
Mr. Fisher testified that he was never a full member of Club Deroes, but merely an associate who had been invited to join.
At that time, Mr. Fisher was employed by John Hope, a former member of Club Deroes who is suspected of having lent his Land Cruiser ute to the clubhouse on the morning of Ms. Govan’s disappearance, potentially to dispose of her body.
Raymond Fisher, a former associate of Club Deroes, claims to have seen Ms. Govan on the back of Billy Grierson’s Harley Davidson. (ABC News: Brianna Melville)
Mr. Fisher mentioned that Mr. Hope instructed him to clean the ute after it had been used by club members on the morning of Ms. Govan’s disappearance, stating in court, “I just did a quick spray.”
Ongoing witness inquiries
Mr. Fisher is the last scheduled witness in the inquest, as police have been unable to locate two other witnesses deemed crucial to the proceedings.
Club Deroes member Andrew Edhouse was seen walking with Ms. Govan into the clubhouse around the time she went missing, with a witness asserting that Mr. Edhouse had stomped on Ms. Govan’s head inside.
Lisa Govan was last seen outside the clubhouse of bikie group Club Deroes in Kalgoorlie on the morning of October 8, 1999. An inquest is currently investigating her suspected murder. (Supplied: Family)
Although Mr. Edhouse has not been found, another witness testified that he had contacted him earlier in the week to discuss the inquest.
Authorities were also unsuccessful in serving a witness summons to Ms. Govan’s boyfriend during the time of her disappearance, Timothy Hammel.
Coroner Michael Jenkin informed the court that “witness inquiries” are still ongoing, before adjourning the inquest.
After the court session on Friday, Ms. Govan’s mother, Pat, expressed her satisfaction with the inquest being adjourned and hoped it would provide police with more time to locate key witnesses.
Lisa Govan’s mother, Pat Govan, expressed satisfaction with the adjournment of the inquest. (ABC News: Courtney Withers)
“This gives them ample time to clarify matters and put everything in order, which I am content with,” she stated.
“They are the two main individuals [Edhouse and Hammel]… I just want to resolve this and have it settled.”
Indian vs Harley-Davidson — this old rivalry has been the subject of debate at bike meets, and for potential buyers, a dilemma of preferences and tastes. It’s like choosing between beaches or mountains, iPhones or Androids, and tea or coffee. Many may have clear preferences, but when you’re a lover of two wheels, the choice can sometimes be difficult.
Both Indian and Harley-Davidson make terrific motorcycles that are more alike than dissimilar. Still, they offer a distinct flavor. One is sleek and snazzy, while the other is an old-school charmer. And before you jump on the brother wagon with a Harley or take the road less traveled on an Indian, let’s look at what makes Indian better than Harley-Davidson (and what doesn’t).
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from the manufacturers and authoritative sources.
Let’s start by looking at one of Indian’s biggest strengths—performance. Look at the spec sheets, and you’ll quickly see a stark difference between Indian and Harley-Davidson — Indian motorcycles tend to be more powerful. It’s not just about the horsepower here, but about how much better Indian engines are in terms of technology and refinement, too.
Since its rebirth, Indian has focused on producing modern motorcycles while honoring its historical legacy. As such, the engines are typically short-stroke, high-revving with a lighter clutch pull. While Harley-Davidson has stepped up with liquid-cooled, high-revving engines like the Revolution Max 1250T, the brand still predominantly relies on traditional air-cooled V-twins that prioritize character over outright performance.
Indian PowerPlus vs Harley-Davidson Milwaukee Eight 117 Performance
Details
Indian PowerPlus (Indian Challenger)
Harley-Davidson Milwaukee Eight 117 (Harley-Davidson Street Glide)
Displacement
1,769cc
1,923cc
Power
122 HP @ 5,500 RPM
105 HP @ 4,600 RPM
Torque
128 LB-FT @ 3,800 RPM
130 LB-FT @ 3,250 RPM
Red Line
6,500 RPM
5,500 RPM
Architecture
60-degree V-twin, liquid-cooled
45-degree V-twin, liquid-cooled cylinder heads
Top Speed
125 MPH
110 MPH
2 Why We Won’t: Raw Character And Traditional Charm
Harley-Davidson
When you think of high-revving, exciting motorcycles, cruisers don’t usually come to mind. Their appeal lies in their low-end torque, character, and relaxed riding experience. This is what works in Harley-Davidson’s favor, as it keeps its focus on character and nostalgia over performance. The iconic potato-potato-potato exhaust note has earned such a dedicated following for a reason.
This focus on tradition has sometimes created problems for Harley-Davidson, though. Its core customer base is aging, and younger riders don’t often pick old-school, low-revving V-twin rumblers. And if you’re among the outliers (like us) who still enjoy the classic cruiser style, Indian bikes may not be for you, as they don’t have the same character. Ultimately, it comes down to personal preference.
3 Why We’d Pick: Friendlier On Your Body Than A Harley
Indian Motorcycle
One of the biggest criticisms of Harley-Davidson motorcycles, especially its non-touring models, is that they are not so comfortable for long rides. Their traditional design often includes a stiffer, short-stroke suspension that transfers road undulations straight to your back. The traditional air-cooled V-twins also tend to cook your legs medium rare in warm weather.
On the other hand, Indian motorcycles tend to be much more comfortable. Yes, its low-slung cruisers are still not as cozy as proper tourers, but they are noticeably friendlier on your back, thanks to their modern suspension setup. Even the liquid-cooled engines don’t roast your thighs as much unless you are stuck in traffic. For the long way around, Indian is the clear choice
Indian’s new 101 Scout is arguably one of the sportiest American cruisers today. But can it successfully take Harley’s Low Rider heavyweight?
4 Why We Won’t: Fewer Dealerships Across The States
No. Of Harley-Davidson Dealerships: Over 1,400 Globally
American Motorcycle Trading Co.
Harley-Davidson has been pumping out motorcycles for over a century, and as a result, it has scattered its dealerships all around the world. Meanwhile, Indian, having lost over 60 years while its marque lay dormant, hasn’t reached the same scale. So, potential buyers who don’t live close to an Indian dealership often steer clear of the brand. For many, the convenience of having a dealership close by is a must, should the bike face any problems.
That’s not to say you should avoid Indian bikes completely, though. Modern motorcycle design has come a long way, and Indian bikes are generally reliable. It’s also not hard to find a good mechanic close to your home. What you might miss, though, is the almost religious ritual of visiting the dealership often for a cup of coffee and meeting other enthusiasts — something Harley-Davidson owners often do.
5 Why We’d Pick: Contemporary Design With A Nod To Heritage
Indian Motorcycle
Harley-Davidson motorcycles often feel like they belong to a different era. While they do come with modern features, their design remains steeped in nostalgia and tradition. Meanwhile, Indian motorcycles offer a more modern retro approach. They take inspiration from their history but wrap it in contemporary design — Indian bikes blend in with sleek modern motorcycles.
A perfect example is the Indian FTR 1200. This modern naked with a trellis frame and a punchy engine draws inspiration from flat trackers of yesteryears. It’s an exercise in cohesive design and symmetry, with each element complementing the other, making it feel modern rather than simply an updated classic. This attention to detail is why we often drool over Indian motorcycles instead of Harley-Davidsons.
Indian FTR 1200 Sport Design Highlights
Flat tracker-inspired design with a sporty and aggressive stance
Clean, minimal lines that either complement or correspond to each other
Distinct fuel tank that not only adds flair but also improves the riding experience
Cohesive design elements across the bike
Exposed frame, rear shock, and dual exhausts add visual drama
6 Why We Won’t: Not Much Of An Aftermarket
Roland Sands
Motorcycles can look as pretty as they can right from the factory floor, but that’s not going to stop us from customizing them. Even if it’s something as simple as slapping on an aftermarket exhaust and colorful brake levers, customizing is a part of the ownership experience. This is where Indian loses out to Harley-Davidson, which has had decades to develop an aftermarket.
On the flip side, you can easily stumble upon Harley-Davidson parts in the most unexpected places. Remember, Harley-Davidson has been continuously producing motorcycles for over a century and has inspired a rich aftermarket around it. So much so that many Harleys have become some of the most customizable motorcycles on the market. You can turn an old rattly Sportster 883 into your heart’s desire without digging too deep for farkles.
Right from the engine to the suspension, everything is tricked out on this Road Glide.
7 Why We’d Pick: Brings Out The Hipster In Us
One of the allures of owning limited edition motorcycles is their uniqueness — you won’t find multiple examples of it at your local bike meet. Let’s not forget, that these motorcycles come with a massive price tag, and Indian offers an alternative to it. They let you stand out without breaking the bank. Unlike Harley-Davidson, Indian bikes are relatively rare, which adds to their allure. Sure, this rarity might not matter to every rider, but who wouldn’t want to own something so distinctive?
8 Why We Won’t: HOGs Outnumber Indian Motorcycle Riders
No. Of HOG Members: 1,000,000+
maxim-simonov-unsplash
Indian, as old as the marque may be, is still a relatively new brand, and as we mentioned earlier, it doesn’t have many buyers. So, don’t expect to be a part of the larger community the moment you roll your Indian off the showroom floor. Yes, there’s the Indian Motorcycle Riders (IMR) club, but it doesn’t hold a spark plug to the Harley Owners Group, which has over a million members!
Joining sponsored communities isn’t your only option; there are also independent motorcycle clubs out there. Just don’t expect a warm welcome in some of them. Indian is seen as the new money upstart to Harley-Davidson’s old guard, and many purist clubs are dismissive of Indian riders. To be honest, it’s not worth joining such unwelcoming clubs, anyway, but your options will be limited if you want to be a part of the community.
9 Why We’d Pick: To Support The Underdogs
Indian
Indian is the underdog in the cruiser world. Although it doesn’t yet have the same appeal as its main American rival, it has made impressive strides since its revival under Polaris. The parent company, run by enthusiasts, has successfully revived Indian and introduced a lineup of awesome motorcycles.
Indian motorcycles are lively, modern, and tech-laden. Models like the Indian Scout and Chief have won our hearts with their handling and riding dynamics, proving that India is not just catching up, but it’s already there — it has its identity in the market. It may not be perfect, but it’s got more than enough credentials to earn our support. Sometimes, you can’t help but root for the underdog!
The move could birth a new FTR for all of us to enjoy.
10 Why We Won’t: Over 60 Years Of Missing History!
Harley-Davidson Founding Year: 1903
Dmitry Pavlovsky
Rooting for the underdog is one thing, but if you want a slice of the heritage pie, you won’t find much in the Indian bakery. There’s a 60-year lapse in the brand’s history, ever since the original Springfield factory ceased production in 1953. For many purists, the revived Indian brand is not the same anymore — it lacks the authenticity of the classic Indian brand.
Meanwhile, Harley-Davidson is as sturdy as an oak in American automotive history. Since 1903, it has been pumping bikes out of its Milwaukee factory. And while it has come close to ceasing production a few times — AMF era, anyone? — it has managed to stay afloat. Today, it remains perhaps the most recognizable motorcycle manufacturer globally, with a cult following in many countries. If you want to experience this genuine heritage, an Indian will never satisfy you.
Powersport lenders are advancing their technology and buyer programs to enhance the experiences of customers and dealers as we approach 2025.
Concerns regarding affordability have significantly impacted the powersports industry throughout this year, hampering consumer confidence and demand while unveiling market gaps that lenders are striving to fill.
With many consumers holding back on spending, retail sales have declined, promotional efforts have surged, and inventory levels have stagnated across the industry. These challenges underscore the growing need for lenders to provide accessible platforms for consumers and dealers maneuvering through the current market challenges.
Photo/Auto Finance News
According to an October 7 report from BMO Capital Markets, average powersport sales dipped by 3.6% year-over-year in September.
Year-over-year sales also fell, with powersport sales decreasing by 5.4% in August, 4.6% in July, 3% in June, 3.7% in May, and 0.9% in April, as per BMO’s data.
Despite promotional activities being generally similar to 2023 levels, they are “slightly more aggressive” compared to pre-pandemic efforts, noted BMO.
During the recent PowerSports Finance Summit 2024, industry leaders expressed optimism for the upcoming year, contingent upon further rate cuts by the Federal Reserve and a boost in consumer confidence.
The summit panelists also discussed progress made in enhancing the consumer experience and addressing dealer demands with adequate support.
Focusing on technology
There exists a technological divide in the powersports industry between consumer requirements and lender implementations. Summit lenders emphasized the necessity of adopting technology in critical areas.
“It’s not that the market is transitioning to an entirely digital environment,” Anthony Moses, the global chief strategy and innovation officer at Yamaha Financial Services, mentioned during a panel discussion. “It’s about recognizing that different customer segments are starting to exhibit varying preferences.”
Sheffield Financial, based in Winston-Salem, N.C., is harnessing technology to “supplement” existing consumer services while retaining traditional support, according to Susan Andersson, head of national accounts and senior vice president. “At Sheffield, we offer tech options for those interested, but we still maintain a team of 50 loan processors always available to take calls,” she noted.
Enhancing dealer and consumer interactions
Lenders at this year’s summit are also utilizing prequalification tools to simplify both the shopping and financing experiences for consumers while speeding up funding for dealers.
For example, Sheffield leverages such tools to deliver quicker service to consumers who explore options online before visiting a dealership.
“Customers just need to input their mobile number and the last four digits of their Social Security number,” Andersson explained about the prequalification tool. “The decision is made in seconds, providing that customer with the assurance they are pre-approved as they arrive at the dealership.”
Summit panelists agreed that prequalification tools and QR codes have streamlined the loan process for both consumers and dealers.
“Dealers can utilize [QR codes] in various locations within the dealership, whether on a hang tag or positioned on the equipment,” Andersson noted, adding that some dealers have even employed QR codes as magnets affixed to the equipment. “Our objective is to create an effortless experience for both customers and dealers.”
Mark Davidson, chief growth officer at Octane, at PowerSports Finance Summit 2024 | Photo/Auto Finance News
Octane’s prequalification tool enhances consumer confidence while meeting dealers’ demands for advanced technology and quicker financing, according to Mark Davidson, co-founder and chief growth officer at the New York City-based lender.
“Customers can receive prequalification whether they are at home or strolling through the showroom,” he remarked. “When they are pre-approved, it boosts their confidence to proceed with the purchase, and dealers appreciate it because it indicates the customer is both motivated and capable of buying.”
Davidson mentioned that Octane is “exploring” the benefits of introducing prequalification in the marine sector after entering the segment in October.
The lender focuses on “engaging customers at their convenience” while providing dealers with the “tools” through hang tags or Instagram ads linked to financing options, stated Jon Vestal, Octane’s head of powersports and outdoor power equipment.
“We consistently seek feedback from OEMs and dealers, and we align our direction based on their needs.” — Jon Vestal, Octane
“Ultimately, we continuously request feedback from OEMs and dealers to ensure our path aligns with their needs.”
Emphasizing customer experience and buyer programs
Lenders at the PowerSports Finance Summit underscored the importance of identifying which traditional processes and buyer programs effectively benefit consumers and which ones are due for modernization.
“We still do not utilize voicemail, ensuring that when customers or dealers call, they connect with a representative immediately,” Sheffield’s Andersson stated.
Harley-Davidson Financial Services (HDFS), for instance, is planning a comprehensive review of all its programs — including those targeting limited credit borrowers and first-time buyers — to identify strategies for boosting motorcycle sales while managing the lender’s risk profile, shared Yordanka Martin, chief risk officer at HDFS.
From left: Auto Finance News’ Amanda Harris, Chris Garrido of Horsepower Financial Services, Yordanka Martin at Harley Davidson Financial Services, and Scott Schloegel of Motorcycle Industry Council at PowerSports Finance Summit 2024 | Photo/Auto Finance News
This decision comes as Harley-Davidson reported a 10% year-over-year decline in North American motorcycle sales, dropping to 24,600 units in Q3, according to an October 24 financial release, primarily attributed to reduced consumer traffic amidst rising interest rates.
Nevertheless, HDFS’ retail finance receivables remained stable year-over-year and quarter-over-quarter at $7 billion in Q3, as per Harley-Davidson’s earnings presentation.
Moses from Yamaha remarked that incentives and financing programs aligning with buyer needs are crucial in fostering brand loyalty across any market.
“How a consumer selects prequalification parallels how they choose a lender,” Moses stated. “Building relationships, ensuring smooth integrations, and facilitating ease-of-use are vital, but ultimately, promotional offers and programs are likely the most decisive factors.”
Yamaha has been proactive in promotional activities this year, joining Polaris and Kawasaki in launching new rebates this October, according to BMO data. Yamaha’s latest offers include a $1,000 rebate on specific model year 2024 ATVs.
Attracting new buyers
While promotional activities remain high, some dealers at the summit indicated that a segment of the market is underserved due to the presence of numerous thin-file and first-time buyers, yet lacking suitable programs tailored for them.
Destination Cycle’s Michael Campbell at PowerSports Finance Summit 2024 | Photo/Auto Finance News
“I don’t understand why we can’t facilitate loans for $7,000 to $8,000 for these younger buyers, as long as they can provide proof of income,” Michael Campbell, sales and finance manager at Destination Cycle in Kerrville, Texas, remarked during the panel discussion.
Implementing a first-time buyer program, he noted, would allow dealers to better serve consumers who are often left out of the market, helping them acquire affordable vehicles while also facilitating the building of their credit profiles.
“We’re not looking to issue a primary loan on a $37,000 motorcycle,” he added.
Adapting to affordability
As conditions improve and demand rises, both dealers and consumers are likely to seek out lenders who demonstrate a commitment to making vital investments.
Susan Medrano, SVP and general manager of Synchrony Outdoors, at PowerSports Finance Summit 2024 | Photo/Auto Finance News
The Stamford, Conn.-based lender Synchrony continuously seeks ways to streamline the financing process for dealers, as explained by Senior Vice President and General Manager Susan Medrano at the summit.
Their all-in-advance loan application exemplifies the lender’s readiness to adapt, stated Medrano. The application process for powersports and outdoor equipment has been streamlined, reducing required fields from 13 to just three.
“We’re focusing on simplifying the process significantly,” she added.
While it remains uncertain if the powersports industry will witness a notably improved retail landscape in 2025, lenders are diligently developing systems to better serve consumer and dealer demands, irrespective of market conditions. The shared goals of speed and convenience resonate among lenders within the sector.
“From my experience, the relationships between dealers and lenders have likely reached their best state in recent years,” said Destination Cycle’s Campbell, who has been with the dealership since 2017. “Much of this improvement hinges on the relationships being built, whether with mainstream lenders or local credit unions.”
On November 9, a Harley-Davidson previously owned by Johnny Hallyday will be auctioned in Lyon as part of the Epoqu’Auto exhibition focused on vintage vehicles. This 1980s Springer model, a testament to the legendary rocker’s love for motorcycles, is now in the possession of Mickson, a collector and biker from Chauffry in Seine-et-Marne. Mickson acquired this iconic motorcycle in 2014 and has meticulously restored it while preserving its original vintage appearance.
The story of this Harley is deeply intertwined with Johnny Hallyday’s life, as he purchased it in 1982 from Jean Basselin, a close friend who later became his assistant and personal driver. The bike was utilized for public events and filming, notably appearing in the video for the song Diego, free in his head. Now fully restored and valued between 25,000 euros, this motorcycle is already drawing interest from fans and collectors of the Taulier, particularly as Mickson aims to secure a price that will help fund his retirement.
The auction of this iconic motorcycle is stirring considerable excitement. With its timeless design and rich history, it not only signifies a piece of French musical heritage but also embodies Johnny Hallyday’s free-spirited essence.
At the current EICMA show in Italy, Harley-Davidson’s LiveWire announced a collaboration with Taiwanese company Kymco to manufacture electric scooters (shown below), while California-based Zero showcased its new XB and XE lightweight trail models designed to take on the Chinese-made Sur-Ron electric dirt bikes (shown above). LiveWire has yet to disclose pricing, but Zero has confirmed plans to introduce six new models over the next two years, each priced under $10,000.
Image: LiveWire
I’m particularly enthusiastic about the Zero XB and XE models. The XB is priced at an attractive $4,195 and includes a removable 2.4 kWh battery, switchable traction control, and enhanced suspension for enjoyable all-electric trail driving. It reportedly offers 47 miles of trail range. The XE, an upgraded version, features a larger 4.3 kWh battery and a high-resolution TFT display with a range of around 65 miles, retailing at $6,495. Both models promise a thrilling experience at an excellent value in the electric motorcycle sector, with the XB serving as a trail-specific bike and the XE available in full street-legal configuration.
“The new X Line delivers the best performing models in one of the most exciting growth categories from the most trusted electric brand in powersports,” stated Sam Paschel, CEO of Zero Motorcycles. “Our mission from day one has been to revolutionize the two-wheeled transportation industry, and we will stop at nothing to deliver on that promise to our growing global community of riders.”
Meanwhile, the maxi scooters being developed by LiveWire and Kymco are perfectly suited for the current European demand. Kymco aims to introduce a more robust and premium model to the Euro market, while LiveWire seeks a high-volume product to maintain profitable margins. These new scooters will feature LiveWire’s established S2 Arrow powertrain, complemented by Kymco’s Ionex swappable battery system. They are expected to launch globally in 2026, although details on pricing and branding remain undisclosed. Nonetheless, they appear visually appealing.
“The belief and recognition that we could create a class-leading maxi-scooter using our S2 Arrow powertrain has been a constant, KYMCO sharing their expertise has changed belief into reality, and we are excited to commence on this journey with such a globally recognized leader in the category.” – Karim Donnez, CEO LiveWire
The electric two-wheeler market faces challenges at the moment, highlighted by the recent closure of Italian firm Energica. If LiveWire and Zero aspire to thrive long-term, they must continue to innovate with products that resonate with consumer preferences. Both companies are making prudent strides in this direction.
