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Autos Motorcycles

  • 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.

  • Donald Trump

    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.

  • During his populist 2016 presidential campaign, Republican Trump railed at countries that had trade surpluses "taking advantage of the United States" and he revisited the theme on Monday. "We cannot continue to let people come into our country and rob us blind and charge us tremendous tariffs and taxes and we charge them nothing," Trump told reporters at a White...

  • WASHINGTON, Feb 1- Ten U.S. states and the District of Columbia said Thursday they are challenging a decision by the Trump administration to drop a requirement that Harley-Davidson Inc spend $3 million to reduce air pollution under settlement the Obama administration announced. In 2016, the Milwaukee- based motorcycle manufacturer agreed to pay a $12...

  • Jan 30- Harley-Davidson Inc said on Tuesday it will close a plant in Kansas City, Missouri as it consolidates manufacturing operations after its motorcycle shipments fell to their lowest level in six years, sending its shares down more than 8 percent. Its shares fell 8.5 percent to $50.59 on the New York Stock Exchange. As it adjusts to lower demand, Harley said it...

  • Harley-Davidson forecasts drop in shipments this year, sending shares lower

    Harley-Davidson fell short of its targets for motorcycle shipments in 2017 and forecast a drop in numbers for this year.

  • *Dow posts biggest intraday point drop since May 17. *VIX hits highest level since August 2017. Jan 30- Rising bond yields and a sell-off in healthcare shares sent the U.S. stock market sliding on Tuesday, with the Dow Jones Industrial Average's 352- point tumble its steepest in eight months.

  • *Dow posts biggest intraday point drop since May 17. *VIX hits highest level since August 2017. Jan 30- U.S. stocks fell for a second straight day on Tuesday, with the Dow Jones Industrial Average tumbling as much as 352 points, hammered by a rise in bond yields and a decline in healthcare companies.

  • *VIX hits highest level since Aug. 21. Jan 30- Rising bond yield continued to weigh on U.S. stocks on Tuesday, pushing the Dow Jones Industrial Average down more than 250 points, with pressure also being piled on by a drop in health companies. The S&P health sector tumbled 1.9 percent, the most among the 11 major sectors and set for its biggest one-day drop since October...

  • *Health stocks hit after Amazon, JPMorgan, Berkshire team-up. *VIX climbs above 14 for the first time since Dec. 1. Jan 30- U.S. stocks were set to open lower for a second straight day on Tuesday, with Dow futures down about 200 points, weighed down by a rise in bond yields and a drop in shares of healthcare companies.

  • In the United States, its biggest market, sales dropped 8.5 percent year on year. Amid its problems, Harley said it will consolidate its motorcycle assembly plant in Kansas City into the one in York, Pennsylvania, incurring a restructuring cost of $170 million to $200 million through 2019.. The company expects to save $65 million to $75 million annually after...

  • Jan 30- Harley-Davidson Inc fell short of its targets for motorcycle shipments in 2017 and forecast a drop in numbers for this year, sending the Milwaukee- based company's shares down 6 percent on Tuesday. Net income fell to $8.31 million, or 5 cents per share, in the fourth quarter ended Dec. 31, partly due to a charge related to the new tax law. It earned $47.18 million,...

  • The motorcycle maker's net income fell to $8.31 million, or 5 cents per share, in the fourth quarter ended Dec. 31, partly due to a charge related the new tax law. It earned $47.18 million, or 27 cents per share, a year earlier. Revenue from motorcycles and related products rose to $1.05 billion from $933 million.

  • Eicher Motors CEO: We want to make a true middle-weight motorcycle

    Siddhartha Lal, Eicher Motors CEO talks about growing and expanding the Indian motorcycle markets.

  • Polaris CEO: First thing we would do with lower tax rate is reinvest in our company

    Scott Wine, Polaris Industries CEO talks about the company's stellar year, the industrial economy, tax reform and the motorcycle market.

  • CEO of motorcycle maker Ducati North America talks 'guerrilla-style' marketing strategies

    Jim Cramer spoke to Jason Chinnock, the CEO of Ducati North America, about how the motorcycle company draws new, young customers.

  • Cramer Remix: Trump has had less of an impact on stocks than you think

    Jim Cramer challenged the theory that President Trump has sent stocks soaring this year. Instead, he said there’s another force at work within the market.

  • Jim Cramer on "Mad Money."

    Jim Cramer challenged the theory that President Trump has sent stocks soaring this year. Instead, he said there’s another force at work within the market.

  • These $250,000 motorcycles are powered by a jet engine that can run on your favorite tequila

    CNBC's "Secret Lives of the Super Rich" takes a look at the lightning-fast motorcycles that are worth $250,000.

  • *Q3 retail sales down 6.9 pct vs estimated 3.2 pct fall. Oct 17- Harley-Davidson Inc reported weaker-than-expected quarterly retail sales as low prices for used motorcycles in the United States dampened demand for new ones. Year-to-date sales of used Harley motorbikes have risen through August, but retail prices increased as well after falling for 12...