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Autos Motorcycles

  • July 18- Harley-Davidson Inc reported a 7.7 percent drop in quarterly profit and said full-year motorcycle shipments would decline about 6 percent to 8 percent, indicating slowing demand as its loyal baby boomer customer base ages. The company said net income fell to $258.9 million, or $1.48 per share, in the second quarter ended June 25, from $280.4 million, or...

  • Alliance Bernstein downgrades Harley-Davidson stocks after the brand fails to appeal to millennials

    Millennials aren't buying motorcycles like their parents once did and Harley-Davidson's sales are taking a hit.

  • *Buyout funds, India's Bajaj Auto also seen preparing bids. LONDON, June 21- U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros, sources told Reuters. Based in the northern Italian city of Bologna,...

  • LONDON, June 21- U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros, sources told Reuters. Based in the northern Italian city of Bologna, Ducati is on the wish list of private equity funds KKR, Bain...

  • Harley-Davidson shares up on comments from Citi

    CNBC's Morgan Brennan reports on shares of Harley Davidson spiking on reports from Citi saying June sales have picked up.

  • Motorcycle maker Harley-Davidson said on Thursday it will build a plant in Thailand to serve the growing Southeast Asian market.

  • BANGKOK, May 25- Motorcycle maker Harley-Davidson Inc said on Thursday it will build a plant in Thailand, a major Asian automotive hub, to serve the growing Southeast Asian market, a move criticized by a U.S. labor union. The Thailand facility "will allow us to be more responsive and competitive in the ASEAN region and China," Harley-Davidson public relations...

  • *Ducati may be valued at up to 1.5 billion euros- source. FRANKFURT, April 26- Volkswagen is considering a possible sale of Italian motorcycle maker Ducati as Europe's largest carmaker seeks to streamline operations to fund a post-Dieselgate strategic overhaul, two people familiar with the matter said. One of the sources said Ducati has annual earnings before...

  • April 20- Motorcycle maker Harley-Davidson Inc said on Thursday it will lay off 118 workers at its York, Pennsylvania, plant and shift employment to Kansas City, Missouri. The company said it told employees in November 2015 of plans to shift production of Harley-Davidson Cruisers from the Pennsylvania plant to Kansas City starting in the 2018 model year.

  • The company's shipments in the United States- its biggest market- fell 20.6 percent to 45,784 motorcycles in the quarter ended March 26. Analysts on average had expected U.S. retail sales to rise 2.4 percent, according to Wells Fargo analyst Timothy Conder. Milwaukee- based Harley recognizes revenue when it ships motorcycles to dealers.

  • April 18- U.S. motorcycle maker Harley-Davidson Inc kept its 2017 outlook unchanged despite first-quarter shipments hitting the high end of the company's forecast. Milwaukee- based Harley's shares were down 4 percent at $57.00 in premarket trading on Tuesday. Demand for Harley's motorcycles continues to be slow as its loyal baby boomer demographic ages and...

  • The Milwaukee- based company's shares were down 5.5 percent at $56.15 in premarket trading on Tuesday. Harley's shipments have been hurt amid rising competition as rivals such as Japan's Honda Motor Co Ltd and Polaris Industries Inc, which makes Indian motorcycles, cut prices to lure buyers forcing the company to offer dealer rare rebates on its 2016...

  • April 18- Iconic motorcycle maker Harley-Davidson Inc reported a 25.6 percent fall in quarterly profit, hurt by a drop in shipments. The Milwaukee- based company's net income fell to $186.37 million, $1.05 per share, in the first quarter ended March 26, from $250.49 million, or $1.36 per share, a year earlier. Revenue from motorcycles and related products fell 15.7...

  • Demand for Harley's motorcycles in the United States has slowed as its loyal baby boomer demographic ages and rivals such as Indian-motorcycle maker Polaris Industries Inc and Japan's Honda Motor Co Ltd offer competitive discounts. The Milwaukee- based company commands slightly more than half of the U.S. Speaking on a post-earnings conference call in...

  • White House Chief of Staff Reince Priebus and Vice President Mike Pence look on as President Donald Trump speaks briefly to reporters after greeting Harley Davidson executives on the South Lawn of the White House, February 2, 2017 in Washington, DC.

    Harley chief executive Matt Levatich publicly supported the Trans-Pacific Partnership, a sweeping 12-nation free trade agreement that Trump scrapped.

  • Harley-Davidson execs roll to the White House on motorcycles

    Harley-Davidson executives meet with President Trump via motorcycles. CNBC's Eamon Javers reports.

  • Harley blues... HOG slips on falling sales

    CNBC's Landon Dowdy takes a look at whether Harley-Davidson's iconic role in American business is slipping as shares fall on fourth quarter full year results and the company's CEO heads to the White House to meet with President Donald Trump.

  • Ducati will produce only 666 units of this bike

    The bike is a collaboration between Ducati and Diesel and will go on sale worldwide in April.

  • Polaris CEO: Indian Motorcycle is the better horse to ride

    Scott Wine, Polaris chairman and CEO, discusses his decision to end Victory Motorcycles, as well as the risk to global trade under the Trump administration.

  • 'Ultimate gifts' for the ultra wealthy

    David Arnold, Robb Report, discusses his "ultimate" gift guide for the wealthy consumer.