LiveWire Warns of Going-Concern Doubt as Shares Fall and Guidance Is Pulled
Electric motorcycle maker LiveWire warns of substantial doubt about continuing operations, withdraws full-year guidance, and sees shares drop over 40%, per Electrek.
Industry
Indian Motorcycle Cuts 70 Jobs, Then Adds 70 in Iowa
Indian Motorcycle is hiring 70 workers after cutting 70, with most new roles in manufacturing at its Spirit Lake, Iowa, home.
Ultimate Motorcycling Leaves Senior Editor Seat Open After Staff Shuffle
Ultimate Motorcycling says it has reshuffled its masthead and will leave the Senior Editor role vacant as Nic de Sena moves on to TopSpeed.
Crash Protection Maker R&G Widens Its Reach Across the United States
According to Roadracing World, crash protection specialist R&G has partnered with Twisted Throttle to grow its presence in the United States.
KTM Denies Plans to Shift Production From Austria to India
KTM's chief executive has pushed back on rumors that the motorcycle maker would move manufacturing to India, saying production will stay in Austria.