• Bikes for Sale
  • News
  • Buyer’s guide
    • Buy a Motorcycle
    • First Rides & Reviews
    • Specs, Prices & Others
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
    • Motorsport
    • Tips & Stories
    • Travel
  • Locals
imotorbike logo
  • Bikes for Sale
  • News
  • Buyer’s guide
    • Buy a Motorcycle
    • First Rides & Reviews
    • Specs, Prices & Others
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
    • Motorsport
    • Tips & Stories
    • Travel
  • Locals
  • Facebook

  • Instagram

  • X (Twitter)

  • YouTube

  • LinkedIn

  • RSS

News

Harley-Davidson sales drop due to lack of demand from millennials

Harley-Davidson sales drop due to lack of demand from millennials
Michelle Liew
January 17, 2018

Photo credits: bikebandit.com

Harley-Davidson may face struggles in motorcycles sales in 2018 considering that the numbers worldwide from all other manufacturers have been fluctuating and may eventually drop. The firm will be releasing its four-quarter 2017 financial results by January 30.

Overall sales have either remain or dropped due to the economic issues and a change of interest from the riders. Harley-Davidson witnessed a 40% fall in its third-quarter 2017 profit. What is the real issue for such a significant downfall? According to a lot of motorcycle makers, the answer dies down to the fact that millennials just don’t see the hype in bikes anymore.

“The motorcycle market has been soft,” said analyst Craig Kennison with Milwaukee-based Robert W. Baird & Co. Inc.

Photo credits: carrosok.com

“Used motorcycles have been stronger.  Our analysis shows used bike prices are rising, which is good news for riders looking to trade up. Harley has embraced the used market as part of its strategy to build ridership,” Kennison said.

Despite the staggering results, Harley-Davidson dealerships throughout the US remain optimistic.

“We are starting to see activity for sure, especially on Saturdays,” said Todd Berlin, sales manager of Suburban Harley-Davidson in Thiensville.

Photo credits: Images Maxabout

“The big thing in January is when people start getting their tax refunds,” Berlin said.

Suburban has stocked up its 2018 motorcycles and states that spring would be the season that most riders would pick up the bikes.

“It’s definitely good to be back in the game again,” Berlin said, adding that he’s selling bikes now.

The lack of young riders is still a concern to the firm. It also noted that its 10-year strategy is to train 2 million new US riders, grow international business to 50% of sales and launch 100 new “high impact” bikes.

Related Itemsdavidsonfeaturedharleyharley davidsonsalesusa
To read the full story
login with google
login with facebook
or
Create an account for free
This won't cost you.
by clicking this button you agree to iMotorbike's visitor agreement
Already have an account? Sign in here
Click here to get notified on every new article
News
January 17, 2018
Michelle Liew

An avid fan of motorsports bringing you top-notch content from the two-wheeler world! Gear up for the latest updates and news with top speed delivery

Related Itemsdavidsonfeaturedharleyharley davidsonsalesusa

More in News

Ducati Adds Touring Accessories for Multistrada V2 & XDiavel V4

Michelle LiewJune 26, 2025
Read More

Aleix Espargaró Balances Dual Careers in Motorsport and Pro Cycling

Hazique ZairillJune 26, 2025
Read More

Kawasaki Corleo: The Four-Legged Ride of the Future

Michelle LiewJune 25, 2025
Read More

Akira-Inspired Electric Bike Unveiled by Ichiban Motorcycle

Michelle LiewJune 25, 2025
Read More

Keanu Reeves & Gard Hollinger’s Creative Journey with Visionaries

Michelle LiewJune 25, 2025
Read More

Assen 2025: Showdown at the Cathedral of Speed

Michelle LiewJune 25, 2025
Read More

Bing Ang’s Journey Is Fueled by More Than Just Gasoline

Hazique ZairillJune 25, 2025
Read More

D3O Diablo Redefines Motorcycle Armour

Michelle LiewJune 24, 2025
Read More

Vietnam Leads Global Talks on Motorcycle Safety

Michelle LiewJune 24, 2025
Read More

Liberty Media Cleared to Acquire MotoGP

Michelle LiewJune 24, 2025
Read More

Lupino & Ducati to Debut in French MX2 Finale

Michelle LiewJune 24, 2025
Read More

Norton Electra Name Revived for 2025 Comeback?

Michelle LiewJune 23, 2025
Read More
We want to buy your bike Join us on Telegram
Scroll for more
Tap

Join us on Facebook

  • Popular

  • Latest

  • Comments

  • 6 Best Cruiser Motorcycles in Malaysia You Can Get Your Hands On
    Buyer's guideJune 19, 2025
  • Indian Motorcycle Officially Launched in Malaysia
    Buyer's guideJune 23, 2025
  • YADEA GT20 Debuts in Malaysia: Price Starts at RM4,998
    Buyer's guideJune 18, 2025
  • Yamaha Y15ZR V2 Review: Still the People’s Moped After All These Years
    Buyer's guideJune 13, 2025
  • Volonaut Airbike: The Future of Motorcycles Is in the Sky
    NewsJune 5, 2025
  • QJMotor SRK 250 RD to Rival Kawasaki Ninja ZX-25R in Malaysia? 
    Buyer's guideJune 5, 2025
  • Modenas Kawasaki Versys 650: The Touring Bike That Gets Everything Right
    Buyer's guideJune 9, 2025
  • Ducati Adds Touring Accessories for Multistrada V2 & XDiavel V4
    NewsJune 26, 2025
  • Aleix Espargaró Balances Dual Careers in Motorsport and Pro Cycling
    LifestyleJune 26, 2025
  • Kawasaki Corleo: The Four-Legged Ride of the Future
    NewsJune 25, 2025
  • Akira-Inspired Electric Bike Unveiled by Ichiban Motorcycle
    NewsJune 25, 2025
  • Keanu Reeves & Gard Hollinger’s Creative Journey with Visionaries
    NewsJune 25, 2025
  • Assen 2025: Showdown at the Cathedral of Speed
    NewsJune 25, 2025
  • Bing Ang’s Journey Is Fueled by More Than Just Gasoline
    LifestyleJune 25, 2025
  • MV Agusta Lucky Explorer Project 9.5: testing the Schiranna prototype - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • CFMOTO 450SR to enter Malaysia in March 2023 at RM29,300 - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • Suzuki V-Strom now available in Malaysia at RM81,900 - news.iNthacity: More Top Breaking News and Popular Stories To Stay Informed says:

    […] Michelle Liew […]

  • Colin says:

    I hope they make the Dax street legal. Love to…

  • Mohd Razi bin Rosli says:

    Adv 150cc

  • Nena Maxberry says:

    Just curious what they would retail for

  • Adam Kenny says:

    RM4159 for the front fork is it?

Categories

  • Buyer's guide
    • First Rides & Reviews
    • Specs, Prices & Others
  • cafe racer malaysia murah
  • CSR Programme
  • Electric Motorcycles
  • Electric Motorcycles
  • Industry
  • Industry
  • Kedai Motor
  • Lifestyle
    • Concepts & Custom
    • Electric Motorcycles
    • Events
      • EICMa
    • Helmet
    • Motorsport
      • ARRC
      • CubPrix
      • Moto3
      • Motocross
      • MSBK
      • WSBK
    • Tips & Stories
    • Travel
  • Moto2
  • Motor Murah
  • News
    • Locals
    • MotoGP
    • Scoop
  • Review
  • Scoop
  • Scoop
  • Tips & Tricks

Corporate

About Us
Terms of Use
Privacy Policy
Disclosure Policy
Contact Us
SUBSCRIBE NOW!

2024 iMotorbike World Sdn. Bhd.(1205246-M). All rights reserved.

CONFIRMED: Honda CB300R to make its way to Canada in 2019
Spanish café-racer style motorbike Rocsie combines retro and electric
Nak Jual Beli Motor 😊 ?
WhatsApp
Hi iMotorbike 😊
Open chat