Harley-Davidson Inc's shares plunged more than 20% on Tuesday after the motorcycle maker unexpectedly swung to a quarterly loss, overshadowing a new turnaround plan that targets low double-digit earnings growth through 2025.
Honda Motorcycle & Scooter India reported its sales figures for January 2021 with 416,716 units sold in January 2021, registering an 11.39 per cent jump in volumes year-on-year.
Suzuki Motorcycle India sales stood at 57,004 units in the domestic market in January 2021, registering a 2 per cent growth year-on-year. Exports, on the other hand, stood at 7865 units last month, witnessing a 19.38 per cent drop.
The first month of 2021 is already over and it has been a somewhat of a flat month for OEMs. Royal Enfield posted a growth of five per cent in its domestic sales for India in January 2021.
