Autos
Motorcycles
June 1- Harley-Davidson Inc on Friday warned of a "significant impact" on its sales after the European Union revealed plans to increase duties on a range of U.S. imports, including big motorcycles, in reprisal for Washington's new tariffs on EU metal exports. The EU took the United States to the World Trade Organization to challenge the legality of the new tariffs...
Harley Davidson shares fell Friday after the company said a trade war with Europe would "significantly" hurt sales.
-
*Measures against allies provide backdrop to talks with China. WASHINGTON/ BRUSSELS, June 1- Canada and Mexico retaliated with levies on billions of dollars of U.S. goods from orange juice to pork, and the EU was set to tax bourbon whiskey and Harley motorcycles, after Washington risked a global trade war to impose steel and aluminium tariffs.
*Measures against allies provide backdrop to talks with China. WASHINGTON/ BRUSSELS, June 1- Canada and Mexico retaliated with levies on billions of dollars of U.S. goods from orange juice to pork, and the EU was set to tax bourbon whiskey and Harley motorcycles, after Washington risked a global trade war to impose steel and aluminum tariffs. European Union Trade...
*Europe threatens action after Mexico, Canada retaliate. WASHINGTON/ BRUSSELS, June 1- Canada and Mexico retaliated with levies on billions of dollars of U.S. goods from orange juice to pork and the European Union was set to tax bourbon whiskey and Harley motorcycles after Washington risked a global trade war by imposing steel and aluminium tariffs.
*Europe threatens action after Mexico, Canada retaliate. WASHINGTON/ BRUSSELS, June 1- Canada and Mexico retaliated with levies on billions of dollars of U.S. goods from orange juice to pork and the European Union was set to tax bourbon whiskey and Harley motorcycles after Washington risked a global trade war by imposing steel and aluminum tariffs.
BERLIN, May 3- Volkswagen's new chief executive on Thursday vowed to make the carmaker "more honest" as it fights to recover from 2015' s diesel emissions scandal, but its wary investors called for outside vetting of steps to restore its reputation. Europe's largest automaker will expand its internal whistleblower system and beef up compliance to prevent the...
BERLIN, May 3- Volkswagen is still looking at whether to spin off assets such as motorcycle maker Ducati and transmissions maker Renk, its new chief executive said, as the autos group strives to streamline its operations and become more efficient. Under former CEO Matthias Mueller, who was ousted last month by the carmaker's major shareholders, attempts to slim...
-
April 24- Harley-Davidson Inc stood by its full-year shipments forecast and said it expects dealers to sell more motorcycles in overseas markets, offering a glimmer of hope to a business struggling with an aging customer base in the United States. "A lot of investors were expecting a guidance to be lowered, that didn't happen," Northcoast Research analyst Seth...
April 24- Harley-Davidson Inc stood by its full-year motorcycle shipments forecast and beat quarterly profit estimates on Tuesday, offering a glimmer of hope to a business struggling with an aging customer base. "A lot of investors were expecting a guidance to be lowered, that didn't happen," Northcoast Research analyst Seth Woolf said. It rose 2.7 percent to...
April 24- Harley-Davidson Inc's quarterly profit and revenue beat Wall Street estimates and the U.S. motorcycle maker reaffirmed its shipments for 2018, offering signs of a stabilization of a business that has been struggling globally. Revenue from motorcycles and related products rose 2.7 percent to $1.36 billion in the first quarter ended April 1,...
April 24- Harley-Davidson Inc reported a 6.2 percent fall in quarterly profit on Tuesday as shipments fell. The Milwaukee, Wisconsin- based company said its net income fell to $174.8 million, or $1.03 per share, in the first quarter ended April 1, from $186.4 million, or $1.05 per share, a year earlier. Revenue from motorcycles and related products rose 2.7 percent to...
BEIJING, April 20- Guo Qingshan delights in riding his 400,000 yuan Harley-Davidson motorbike around Beijing's suburbs. Deteriorating trade ties between the United States and China could mean American imports, including Harley-Davidson motorcycles, could be much more expensive in the future as the two countries trade tit-for-tat tax hikes on each...
BEIJING, April 20- Guo Qingshan delights in riding his 400,000 yuan Harley-Davidson motorbike around Beijing's suburbs. Deteriorating trade ties between the United States and China could mean American imports, including Harley-Davidson motorcycles, could be much more expensive in the future as the two countries trade tit-for-tat tax hikes on each...
FRANKFURT, April 12- Volkswagen directors will meet on Thursday to discuss a far-reaching shake-up of its structure and leadership, in a test of unity for the car and truck maker's often divided management, labour chiefs and other stakeholders. Chief Executive Matthias Mueller is set to be replaced by VW brand boss Herbert Diess after failing to refocus the...
BERLIN/ HAMBURG, April 10- Volkswagen is poised to replace Chief Executive Matthias Mueller with the head of its core VW brand, Herbert Diess, two people familiar with the matter said, as it looks to give fresh impetus to its recovery from an emissions scandal. The move comes after Europe's largest automaker has been hampered by infighting among its powerful...
*Supervisory board discussing new management structure. *CEO Mueller's current contract runs through 2020. BERLIN/ HAMBURG, April 10- Volkswagen wants to replace Chief Executive Matthias Mueller with the head of its core VW brand, Herbert Diess, as it looks to give fresh impetus to its recovery from an emissions scandal, two people familiar with the matter said.
March 1- Harley-Davidson Inc has invested in a Silicon Valley startup that makes lightweight electric motorcycles, tapping into a global push toward electric vehicles and looking to offer motorcycles that appeal to younger consumers. The tie-up announced Thursday will also allow Harley to work with Brisbane, California- based Alta Motors to develop new...
MILWAUKEE, Wis., Feb 13- To Harley-Davidson Inc's investors, its chief executive has a simple message- be patient with his strategy to turn around the slump in demand for its iconic motorcycles. In an interview with Reuters, Matt Levatich said the company is not exploring a merger with a rival or a private equity buyout, as some investors have speculated.
U.S. President Donald Trump said he would push for a "reciprocal tax" against countries, including U.S. allies, that levy tariffs on American products.
