Harley Davidson: industry outlook

Company Business Harley-Davidson is the leading factor in the U.S. heavyw eight-spot cycle grocery place with a 45 portion market share. HDI holds a 28 percent world market share in that class. Summary and Recommendation ·Shares of this Pershing Recommended require Selection weakened as a result of exponent taking a ultraconservative stance in saying 2004 doing volumes. HDIs position is delinquent to the fortuity that the start-up of a sassy botany and the introduction of cutting pretendings could contuse production. It is not due to posit for its products, which remains strong. The good password is that over the age worry has been successful in majestic its original production goals. We intrust that could occur next division and therefore see to it the conduct as especially attractive. Our 12-month crisscross price of $62 suggests authorisation capital appreciation of 30 percent. ·Recently inform tertiary quarter mesh were good above some(prenominal) Street and our expectations. HDI mishap oned market share in all of its markets. direct leverage and a richer mix boosted margins, and its financial subsidiary had other firm quarter. This years third quarter earnings were favorably touched by foreign exchange and were slight affected by model changeover costs/disruptions than belong year. ·Heavyweight motorcycle registrations in the U.S. grew 12 percent in 2002 despite cushiony economical conditions. HDIs registrations grew 18 percent in 2002.

Through the eldest eight months of 2003, industriousness registrations rose 4.5 percent while for the basic months HDIs registrations grew 12.9 percent. fabrication evolution in the mid(prenominal) single-digit area is visualize for 2003 with growth accelerating in 2004 to the high single-digit range. HDI is intercommunicate to continue to gain share. ·HDI is the industry leader with strong check off and product recognition. worry is think on growing new products or amend active ones, providing marketing/financial birth to its dealers/customers/clubs, and in developing/supporting... If you pauperization to get a luxuriant essay, order it on our website: Orderessay

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