President Trump was scheduled to visit Harley-Davidson tomorrow, but those plans have since been scrapped because of Harley-Davidson’s worry about protests at the event.
Trump’s trip was supposed to include a tour of Harley-Davidson’s Menomonee Falls factory, where he would then sign several executive orders that relate to manufacturing in the United States.
With protests continuing over President Trump’s taking office, and the subsequent executive orders and personnel changes he has made to the government, reports are swirling that Harley-Davidson has backed away from hosting the 45th president.
The World Superbike championship promises to bring new excitement for 2016. New bikes, and above all, new riders are adding an international flavor and much more interest to the series.
WSBK had already gained a top-flight American rider, with Nicky Hayden joining the Ten Kate Honda team, but now they have a top Australian rider as well.
Today, the Milwaukee team, run by Shaun Muir, announced that they will be making the switch from the BSB championship to World Superbikes, taking reigning BSB champion Josh Brookes along with them.
After shutting its doors, and putting the company into receivership, the legal process for Erik Buell Racing is moving right along, with a date now scheduled for the sale of the company’s assets. Slotted to take place on July 21st, potential buyers will be able to bid on EBR’s assets, in bulk. All winning bids are of course subject to court approval, which will be granted/not granted quickly after the auction, on July 23rd. This means that items like EBR’s unsold motorcycles, leftover parts inventory, intellectual property, etc have been grouped together, to raise money to satisfy Erik Buell Racing’s debts to creditors. As such, the sale is considered to be a going-concern, meaning that the sale is meant to factor in the value of Erik Buell Racing as a business, and not just as a collection of assets.
Harley-Davidson is looking to slash costs wherever they may be, and that includes its assembly/manufacturing line labor costs. HD and Milwaukee go together like peas and carrots, but Harley-Davidson has warned that if it doesn’t see lowering labor costs, it could walk away from Wisconsin all-together. At issue is nearlt $54 million in what Harley calls “costs gaps”, which the company attributes to the high cost of manufacturing at its Menomonee Falls and Tomahawk facilities.