MILWAUKEE — Ragland Ryan, head of product growth and design at LiveWire Group, Inc. (NYSE: LVWR), not too long ago offered 3,526 shares of the corporate’s widespread inventory. The shares have been offered on December 11, 2024 at costs starting from $5.57 to $5.85 per share, bringing a complete transaction worth of $19,946.
Following this transaction, Ryan owns 45,539 shares of LiveWire Group. The sale was accomplished in a number of transactions, reflecting a weighted common value of $5.6571 per share.
In different latest information, Harley-Davidson (NYSE:) reported a slowdown in its third-quarter 2024 earnings name, with international new motorbike retail gross sales down 13% and the determine down 26%. consolidated enterprise. Company Monetary Companies (HDFS) noticed income improve by 10%. LiveWire, Harley-Davidson’s electrical car division, has adjusted its annual unit forecast to between 600 and 1,000 bikes because of market challenges. The corporate’s working revenue fell 49% to $106 million and earnings per share fell 34% to $0.91.
On the partnership facet, LiveWire and KYMCO are increasing their strategic partnership to develop LiveWire’s first electrical maxi-scooter, focusing on the European market. This product, scheduled to launch within the first half of 2026, will mix LiveWire’s S2 powertrain know-how with KYMCO’s intensive expertise in scooter innovation. The maxi-scooter is designed for city journey and journey, and though aimed primarily at European clients, it’s deliberate for international distribution.
These are latest developments that spotlight Harley-Davidson’s dedication to long-term methods, together with a concentrate on productiveness measures and electrification, regardless of a difficult market setting.
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