Davidson Decade
Dec/100
Does anyone know anything bout Harley Davidson opening a dealership in China..?
BEIJING, Jan. 21 -- Harley-Davidson Inc, the biggest US motorcycle maker, plans to open its first dealership in China this year, as international growth leads the company's sales gains.
The firm will provide details on the new dealer in the coming months, Chief Executive Officer Jim Ziemer told analysts on Friday on a conference call about fourth-quarter earnings.
"They're going to take everything very slow in China," said Rick Drake, who manages a US$1.3 billion equity fund for ABN Amro in Chicago that includes more than 700,000 Harley-Davidson shares. "It's probably going to be a decade before China is meaningful to them."
Harley-Davidson said international sales of its motorcycles rose 15 per cent last year, compared with a US gain of 4.2 per cent. The Milwaukee-based company still gets four of every five of those sales in the United States and is trying to expand in other countries. Last year, it reorganized its sales operation in Germany to boost Europe
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