MILWAUKEE—Ragland Ryan, the Head of Product Improvement & Design at LiveWire Group, Inc. (NYSE:LVWR), not too long ago bought 3,526 shares of the corporate’s widespread inventory. The shares had been bought on December 11, 2024, at costs starting from $5.57 to $5.85 per share, leading to a complete transaction worth of $19,946.
Following this transaction, Ryan holds 45,539 shares of LiveWire Group. The sale was executed in a number of transactions, reflecting a weighted common price of $5.6571 per share.
In different current information, Harley-Davidson (NYSE:) reported a downturn in its Q3 2024 earnings name, with a 13% drop in world retail gross sales of latest bikes and a 26% lower in consolidated income. The corporate’s monetary companies (HDFS) noticed a ten% improve in income. Harley-Davidson’s electrical car division, LiveWire, adjusted its yearly unit expectations to 600-1,000 bikes resulting from market difficulties. The corporate’s working earnings fell by 49% to $106 million, and earnings per share had been down 34% to $0.91.
In partnership information, LiveWire and KYMCO are increasing their strategic partnership to develop LiveWire’s first electrical maxi-scooter, concentrating on the European market. This product, anticipated to launch within the first half of 2026, will mix LiveWire’s S2 powertrain expertise with KYMCO’s intensive expertise in scooter innovation. The maxi-scooter is designed for city commuting and journey, and whereas primarily supposed for European prospects, it’s deliberate for world distribution.
These are current developments that spotlight Harley-Davidson’s dedication to long-term methods, together with a deal with value productiveness measures and electrification, regardless of the difficult market atmosphere.
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