HOG - Harley-Davidson, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
-0.43 (-1.17%)
As of 12:08PM EDT. Market open.
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Previous Close36.60
Bid36.19 x 1000
Ask36.21 x 800
Day's Range36.03 - 36.56
52 Week Range31.36 - 46.22
Avg. Volume1,760,500
Market Cap5.754B
Beta (3Y Monthly)1.35
PE Ratio (TTM)12.25
EPS (TTM)2.95
Earnings DateJul 23, 2019
Forward Dividend & Yield1.50 (4.10%)
Ex-Dividend Date2019-05-29
1y Target Est38.58
Trade prices are not sourced from all markets
  • Is Harley-Davidson, Inc. (NYSE:HOG) Overpaying Its CEO?
    Simply Wall St.22 hours ago

    Is Harley-Davidson, Inc. (NYSE:HOG) Overpaying Its CEO?

    Matt Levatich has been the CEO of Harley-Davidson, Inc. (NYSE:HOG) since 2015. First, this article will compare CEO...

  • Earnings Preview: Harley-Davidson (HOG) Q2 Earnings Expected to Decline

    Earnings Preview: Harley-Davidson (HOG) Q2 Earnings Expected to Decline

    Harley-Davidson (HOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Tariffs Aren't Really What's Hurting Harley-Davidson in India
    Motley Foolyesterday

    Tariffs Aren't Really What's Hurting Harley-Davidson in India

    The motorcycle maker's problem in that country is the same one that's afflicting it everywhere.

  • Barrons.com2 days ago

    We Test Drove Harley-Davidson’s New Electric Motorcycle. Here’s How It Sounds.

    Harley is launching an electric motorcycle with 146-mile range that goes from zero to 60 miles an hour in about three seconds. The bike sounds nothing like a traditional Hog, but Barron’s still had a lot of fun throttling its easy-to-use electric motor.

  • Why Harley-Davidson's new $30,000 electric motorcycle must not crash and burn
    Yahoo Finance2 days ago

    Why Harley-Davidson's new $30,000 electric motorcycle must not crash and burn

    Here comes Harley-Davidson's first-ever electric motorcycle dubbed Livewire.

  • Harley-Davidson ready to roll out electric LiveWire. Here's where to keep it charged for free
    American City Business Journals5 days ago

    Harley-Davidson ready to roll out electric LiveWire. Here's where to keep it charged for free

    Harley-Davidson Inc. is preparing to roll out its all-electric motorcycle LiveWire next month, but many potential buyers may be wondering this: Where can you charge the battery and how much will that cost?

  • Benzinga5 days ago

    Wedbush Previews Harley's Q2: Deterioration Trends May Have Occurred

    First hand-checks with multiple U.S. Harley-Davidson dealers point to a 5%-6% decline in retail unit registrations throughout the second quarter, Hardiman wrote in a note. Despite what could prove to be a difficult quarter, Hardiman said Harley is likely on track to hit its guidance and "modestly improve" inventory turns throughout the full year 2019.

  • Barrons.com5 days ago

    Harley’s Sales of Electric Motorcycle Won’t Move the Needle, Says Wedbush

    Next month will bring Harley-Davidson’s launch of its first electric motorcycle, the LiveWire. Wedbush Securities doesn’t think the $30,000 bike will stem the iconic company’s sales decline.

  • Benzinga6 days ago

    Meet LiveWire, Harley-Davidson's New All-Electric Motorcycle

    Harley-Davidson Inc. (NYSE: HOG ) has unveiled a new all-electric motorcycle model called LiveWire, which will be available this year. U.S. LiveWire customers will receive free charging on ChargePoint ...

  • India is now in Trump’s crosshairs over accusations of unfair trade
    MarketWatch7 days ago

    India is now in Trump’s crosshairs over accusations of unfair trade

    President Trump has already picked fights with China, Mexico, Canada and Germany over what he calls unfair trade. Now he’s appears to be going after India.

  • MarketWatch8 days ago

    Harley-Davidson U.S. declined in the most recent quarter: Raymond James

    Raymond James analysts estimate that Harley-Davidson Inc. U.S. sales experienced about a 6% decline during the most recent quarter after surveying 20 dealers representing 9% of the motorcycle company's annual domestic retail sales. Last quarter, the drop was 4.2%, the lowest rate of decline for the last nine quarters, according to analysts led by Joseph Altobello. "We should emphasize, however, that our survey results have historically tended to overstate actual retail sales as our sample tends to skew towards larger, more successful dealers, and so we adjust for this bias to arrive at our retail forecast," the note said. Raymond James' dealer discussions also found that a majority of dealers think inventories are "ideal" and used bike prices "are continuing to firm." Raymond James also surveyed dealers for Polaris Industries Inc. motorized vehicles and found a 2% North America sales decline in the second quarter. Raymond James rates Harley-Davidson stock market perform and Polaris stock strong buy. Harley-Davidson shares are up nearly 5% for the year to date, Polaris stock is up 9.6% and the S&P 500 index stock has gained 18.7% for the period.

  • Barrons.com11 days ago

    What’s in a Ticker Symbol? More Than You Might Think.

    At Barron’s, we prefer to ask what’s in a ticker, those one to four (occasionally five) letter identifiers for stocks? Occasionally, tickers are clever, even creative: the newly public Slack Technologies, with its WORK ticker, (HOG)’s HOG, (TAP)’s TAP, and YUM Brands’ ineffable—of course—YUM.

  • TheStreet.com13 days ago

    3 Iconic American Companies, Only 2 of Which Are Celebrating This July 4th

    Shares of Hershey and Corning have done well since the last Fourth of July, but not so the stock of Harley-Davidson.

  • Formula E New York: Everything to Know, From the Cars to Nearby Bars
    Bloomberg16 days ago

    Formula E New York: Everything to Know, From the Cars to Nearby Bars

    (Bloomberg) -- If you want to know what your car might be like in 2030, and which brands—automotive or otherwise—may be the ones to make it, go watch a Formula E race.The single-seater racing series, now in its fifth season, is like Formula 1—with open-cockpit cars powered by electricity, rather than gas. The next E-Prix will take place on July 13 and 14 in Red Hook in Brooklyn, N.Y. It’s the site of the final two races of the season and the only one this year set in U.S. shores.And it’s a big deal. Audi, BWM, Mercedes-Benz, Mahindra, NIO, Nissan, Virgin, Jaguar, and Porsche are all multimillions-of-dollars-deep into developing their involvement; Nico Rosberg, Qualcomm, and Discovery are investors. They see the racing series as a critical testing ground for technologies on tap for the transportation devices of the future. And such brands as Hugo Boss, Bremont, and Tag Heuer, among others, are hosting parties, conferences, and drive events for press and VIPs throughout the week preceding the races; Harley Davidson is using it as an opportunity to unveil its first-ever electric motorcycle, Project Livewire, to selected media for first-ride reviews.Indeed, Formula E is a celebration of the future of electric autos. It provides stark relief between those companies that can make a viable electric motor and those that can’t. Whereas F1 technologies are so proprietary and secretive that fans need they need a university degree to wade through the distinctions, Formula E teams use the same battery with the same amount of energy; the team that designs the most efficient motor is very likely to win. (That’s with no small effort from one of the welterweight-fit race car drivers, of course.)The stakes are high, if still speculative. Today, battery-powered vehicles account for 1.2% of automotive sales worldwide, but by 2025 their number is expected jump to nearly 11 million vehicles sold, 10 times what it is today. The key for automakers in the meantime is to convince consumers that electric cars are reliable and durable enough to withstand daily, crushing, enthusiastic, and even monotonous use.Tickets to the 2019 New York City E-Prix can be had cheap, at $12. Without the ear-drum-blowing, dangerous decibels of a F1 race, the races presents a family-friendly opportunity to see at thrilling proximity how an emerging sport is gathering speed. (No pun intended.)Plus, while you’re there, you can explore one of New York’s most exciting, fast-developing neighborhoods. (Plus the largest Ikea, complete with Swedish meatballs, you’ve probably ever seen.) Here are our best recommendations for where to eat, drink, and watch during the Formula E races, and even sleep the night before. Where to EatHometown Bar B QueSouthern-style brisket, pork, lamb, and turkey, pit-smoked to pair with traditional sides and craft beers. 454 Van Brunt St.Fort DefianceNeighborhood farm-to-table cooking includes summer squash risotto, Berkshire pork chop, and pan-roasted branzino. Fort Defiance has a full cocktail and oyster bar as well.  365 Van Brunt St.Steve’s Authentic Key Lime PiePies and tarts made by hand from fresh-squeezed lime juice for more than 30 years. The citrus-averse will find a few chocolate concoctions there, too. 185 Van Dyke St.Pizza MotoBrick-oven New York-style pizza, from classics such as Margherita and Pepperoni to Jerzy Pork Store and Vermonter. 338 Hamilton Ave.Grindhaus Local eclectic fare such as Southern-rub roasted chicken, chilled pea soup, and twice-fried chicken wings, plus a full bar. 275 Van Brunt St.Red Hook Lobster PoundSourcing live Maine lobster for six different types of lobster rolls, plus fish ’n’ chips, hot crab dip, and a succulent shareable lobster for two, among other crowd favorites. 284 Van Brunt St. Where to Sleep1 Hotel BrooklynSet on Pier 1 of Brooklyn Bridge Park, with stunning views of the Manhattan skyline, a full restaurant, and multiple bars. The rooms incorporate reclaimed woods, industrial steel, and custom organic-cotton elements by Keetsa. 60 Furman St., Brooklyn HeightsThe William ValeAt Williamsburg’s newest hotel, with a stunning roof deck and pool, sunset drinks are a must. All of the slick, minimal rooms have floor-to-ceiling windows and deck balconies. The ground floor Southern Italian-style restaurant is operated by chef Andrew Carmellini of the Dutch, Locanda Verde, and Bar Primi. 111 N. 12th St., WilliamsburgThe Ludlow HotelAn option in Manhattan’s Lower East Side that’s close enough to be accessible to Red Hook while you keep a foot in the center of it all. Slightly more undercover than its Bowery Hotel sister property, with studios, terraces, lofts, and a penthouse on offer. Its restaurant, Dirty French, is a perpetual scene. 180 Ludlow St., Manhattan Where to DrinkDive BarsSunny’s Red HookDefinitive Brooklyn dive; you’ll know it by the old truck parked out front. 253 Conover St.Brooklyn Ice HouseCasual, outdoor seating with simple burgers to match the PBR and onion rings. 318 Van Brunt St.Van Brunt Still HouseA small-batch distillery with a roughed-up, cool tasting room and selections such as spicy rye whiskey, smoky corn whiskey, and smooth wheated bourbon. 6 Bay St.Cocktails With a ViewThe William ValeHead to the rooftop for Instagram-worthy cocktails at sunset. 111 N. 12th St., Williamsburg1 Hotel BrooklynThe best hotel views of Manhattan while closest to the race course. 60 Furman St., Brooklyn HeightsBrooklyn CrabAround the corner from Sunny’s. If you stretch, you can see the Statue of Liberty from the roof deck—and play lawn games, while you’re at it. 24 Reed St.Ceconis x Dumbo HouseSoho House’s Brooklyn location offers Old-Fashioned cocktails and water views on the East River. 55 Water St.  Formula E Rules to KnowFormula E is like Formula One but with cars powered by electric batteries, rather than conventional engines. This season, 22 drivers from 11 teams are racing to win the top spot by the end of the series, which has taken them to such locales as  Santiago, Hong Kong, Paris, Monaco, Rome, and Marrakesh, Morocco.The official ABB FIA Formula E Championship includes two separate titles, one for the winning driver and one for the winning team. The driver championship goes to whoever earns the most points over the eight-month season. The team championship goes to the team with the highest combined scores of its two drivers over the season. This season, Frenchman Jean-Éric Vergne is currently in first place among the drivers, and China’s DS Techeetah leads the team rankings.Drivers earn points by finishing well in each race, with 25 points awarded to the race winner, 18 points to the runner-up, 15 points for a third-place finish, and so forth. Tenth place earns one point, after which no points are awarded. The driver who is at pole position earns an additional three points, while the driver who sets the fastest lap and finishes in the top 10 gets an additional one.The drivers have two ways to get more power for their cars during a race—and these launch it squarely into live-action video game territory, unlike the analog Formula One. The first one is called Attack Mode. To do this, drivers leave the racing line and drive through a slower lane in the “activation zone.” If they do this, they get an extra 25 kW of power unlocked on the powertrain, which they can use to help them speed through the next few laps. Or they can win the “Fan Boost” power surge, which is determined by fan voting. This awards the driver a 25 kW power boost during a five-second window in the second half of a race. Fans can vote for favorite drivers online or live on Twitter by using the hashtag of the name of their chosen driver along with FANBOOST.It is forbidden to use more than four new rear and four new front tires during each racing weekend, from shakedown through the end of the race. If for some reason, a team burns through its allotted supply of tires, it’s out of the race. All teams must use special, bespoke, 18-inch, all-weather Michelin tires.No charging of any car is allowed during qualifying rounds and the E-Prix, but teams can charge their cars between sessions and during practice. Cars are charged on generators powered by glycerine, a zero-emission bio-diesel byproduct; it takes one hour to fully charge. Only one car is used per driver per race.    The Race ScheduleFridays are typically for shakedowns, when drivers and teams get to know the track and evaluate the technology and mechanics of their cars.Each race weekend involves practice sessions—one 45 minutes long and one 30 minutes long—on the first track day, as well as one on the second track day. The time keepers are engaged during the practice sessions, but the results don’t count toward final standings.Qualifying rounds happen before each day’s main events on Saturday and Sunday. They determine the order in which each driver will start the race. They’re run in groups of up to six cars, so there’s a little more room to maneuver on the track. Each group posts its fastest lap, and the fastest six times go on to compete in a “super pole” shootout wherein drivers compete one-by-one for pole position. The driver with the fastest qualifying time gets the first-place start, and the driver with the slowest time starts at the back. Qualifying sessions last one hour.The race itself is called the “E-Prix.” It lasts 45 minutes, plus one lap. Once the leader has crossed the finish line after 45 minutes of racing, everyone does one more lap before the race is officially over. The CarThis season will see new cars racing around 12 cities. (Previous model cars are now on sale to collectors.) The 2019 car has a battery with capacity nearly double that of its predecessor; it will debut in New York with 250 kW of power (equal to 335 bhp) and can accelerate from zero to 62 mph in 2.8 seconds. Top speed is 280 kilometers per hour (174 mph).The minimum weight of the car and driver together is 900 kilograms (1,984 pounds). (The battery alone weighs 385 kg, or 849 pounds.) Each car is 5,160 millimeters long and 1,770 mm wide, or about 17 feet long and nearly six feet wide.The halo ring around the top of the cockpit on the new cars is there for protection in the event of a crash. It also has an LED strip that flashes blue, when the driver is in Attack Mode, and magenta, when a driver is using Fanboost.  The CourseThe 1.5-mile track runs along the historic Brooklyn Cruise Terminal, deep in Brooklyn’s Red Hook section. Because of its 14 corners, it is considered the toughest in the series for all 22 cars and drivers. There will be grandstands, paddocks, entertainment areas, and VIP lounges for ticket holders and attendees.The CrashesInevitably, cars will collide. Usually, the impact isn’t severe; as the old saying goes, if you’re not rubbing, you’re not racing. But when bad collisions happen, the halo ring that sits above the cockpit will protects drivers from the force of 14 cars stacked on top of their vehicle. Here is a compilation of the most dramatic crashes of the season so far.  Drivers to WatchJean-Éric VergneThe Frenchman won last year’s championship, clinching the title after the New York E-Prix in 2018. Vergne competed in Formula One for Scuderia Toro Rosso from 2012 to 2014 and was a Ferrari test and development driver from 2015 to 2016. In the standings this year driving for Techeetah, he is currently in first place.Lucas Di Grassi The Brazilian racer drives for Audi’s Formula E team. He won the Formula E championship title in the 2016/2017 season; this year he’s currently in second place.Mitch Evans The Kiwi won his first-ever Formula E race in Rome this year, driving for Panasonic Jaguar Racing. He’s currently in third place.André LottererThe German racer is the second driver for Techeetah, currently in fourth place and helping boost the team to an all-around top post so far in the series. He is famous for his three wins at the 24 Hours of Le Mans, driving for Audi, and for winning the World Endurance championship in 2012.  Teams to WatchDS TecheetahThe Chinese motor racing team is currently leading the team standings under team principal Mark Preston. Its two drivers hold the first and fourth positions going into July’s races.Audi Sport ABT Schaeffler  Germany’s Audi Sport ABT Schaeffler was one of the founding members of the Formula E racing series. The team principal is Allan McNish, who has led the team to its current second-place standing.Envision Virgin Racing  The British racing team is majority-owned by Envision Energy, with Sylvain Filippi as principal. A founding member of the Formula E series, it currently sits in third place in the overall standings.BMW i Andretti MotorsportAt No. 6, BMW i Andretti racing is the top-ranked team with a U.S. affiliation. It sits in the Andretti Autosport conglomerate owned and operated by former driving champion Michael Andretti.   How to Get ThereBy Shuttle — Free shuttles to the track leave from Carroll Gardens and from the Atlantic Terminal near Barclays Center every half hour.By Subway — The Carroll Street Station stop on the F Line is a 15-minute walk to the track.By Car — Street parking will be a challenge, so plan to park in an outdoor lot, pay with cash, and walk to the event. Better yet, go by taxi or car service.By Citi Bike — You can pick them up all over Brooklyn and in Manhattan’s Lower East Side. If you get one in Manhattan, ride over the Brooklyn Bridge for beautiful views. Allow an hour or so for the ride, but remember to dock the bike/re-check it out every 30 minutes, or risk a fee.  Don’t Forget to BringTickets — Prices start at $12 and reach $390 for two-day lounge passes.Sunscreen — There will be indoor lounges and covered areas and seating, but the grandstand seats lie under direct sunlight. Plan ahead to protect your skin.Ear Plugs — Formula E has nowhere near the sound level of Formula 1, which can reach 140 decibels during a race. But at a top level of 80 decibels, Formula E still merits some ear protection.To contact the author of this story: Hannah Elliott in New York at helliott8@bloomberg.netTo contact the editor responsible for this story: Justin Ocean at jocean1@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • How Do Analysts See Harley-Davidson, Inc. (NYSE:HOG) Performing In The Next 12 Months?
    Simply Wall St.17 days ago

    How Do Analysts See Harley-Davidson, Inc. (NYSE:HOG) Performing In The Next 12 Months?

    After Harley-Davidson, Inc.'s (NYSE:HOG) earnings announcement in March 2019, analysts seem fairly confident, as a...

  • Harley-Davidson displaying LiveWire at Summerfest, sees EV as ride-share, transit alternative
    American City Business Journals20 days ago

    Harley-Davidson displaying LiveWire at Summerfest, sees EV as ride-share, transit alternative

    Harley-Davidson (NYSE: HOG) introduced LiveWire at the 2019 Consumer Electronics Show in Las Vegas in January, but at the convention, also showed concepts for a lightweight electric vehicle that was essentially a scooter and an electric mountain bike or small displacement dirt bike, Bekefy said.

  • Bloomberg20 days ago

    Trump Asks India to Reverse ‘Unacceptable’ Tariffs on U.S. Goods

    (Bloomberg) -- Terms of Trade is a coming daily newsletter that untangles a world embroiled in trade wars. Sign up here. President Donald Trump called on India to withdraw an “unacceptable” increase in tariffs on U.S. goods, ratcheting up tension against the Asian nation before a planned meeting with Prime Minister Narendra Modi.“India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further,” Trump said in a Twitter post, his first direct response to India’s move earlier this month to raise tariffs on a slew of products from walnuts to pulses.The tariffs on almost 30 American products came in response to higher duties imposed by the U.S. and Trump’s move June 1 to end trade concessions on $6.3 billion of Indian goods. Modi’s administration repeatedly deferred the move, originally announced in June last year, as it sought to relieve trade tensions through talks.India levies an average tariff of 6.94% on imports, slightly higher than 6.01% in the U.S. and 6.06% in China, according to World Bank data as of 2017. But, what particularly riled Trump was New Delhi imposing tariffs as high as 100% on Harley-Davidson Inc. motorcycles -- an issue he had flagged in a joint address to Congress in February 2017.The trade dispute is among several hampering closer U.S.-India cooperation just as Trump’s administration also seeks Modi’s help in countering China in the region. The two countries have also sparred over India’s desire to buy the Russian-made S-400 missile defense system and purchase of oil from Iran, moves that would run counter to U.S. sanctions.‘Useful Card’“Now you know why India recently imposed retaliatory tariffs that had been put off for a year,” said Tanvi Madan, a fellow at the Brookings Institution think-tank who researches U.S.-India relations. “Makes for a useful card in negotiations. Now India can use their withdrawal (as DJT wants) as a ‘give’/concession.”Trump is also due to hold a trilateral meeting with Modi and Japan Prime Minister Shinzo Abe on Friday, part of U.S. efforts to bring together countries wary of China’s increasing economic and military might. Still, efforts at formal collaboration have largely stalled.On a visit to New Delhi on Wednesday, Secretary of State Michael Pompeo stressed the strength of the U.S.-India relationship and called for them to embark on a “new age of ambition.” They needed to overcome a “nagging misconception that our countries are not able to be full partners,” he said, referring to India’s Cold War alliance with the Soviet Union.Yet Pompeo also included a list of demands, including the pressure to cut oil imports from Iran and Venezuela, to steer away from Huawei Technologies Co. in 5G networks, and to cut links with North Korea’s economy. He acknowledged that India’s decision to cut oil purchases came at a cost, adding that the U.S. is doing “everything we can’’ to ensure adequate fuel imports for India.India’s External Affairs Minister Subrahmanyam Jaishankar said a key part of having a strategic relationship “is to comprehend the other nation’s interest.”“Harmonizing our interests and our views, that’s really the task of diplomacy,” he said alongside Pompeo. “I think Secretary Pompeo would agree with me today that we have earned our pay.”(Updates with details on tariffs in fourth paragraph.)\--With assistance from Subramaniam Sharma, Jeanette Rodrigues and Vrishti Beniwal.To contact the reporter on this story: Karthikeyan Sundaram in New Delhi at kmeenakshisu@bloomberg.netTo contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Daniel Ten KateFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire21 days ago


    Webcast Conference Call Scheduled for 8 a.m. CDT  MILWAUKEE, June 26, 2019 - Harley-Davidson, Inc. (NYSE: HOG) will release its second quarter financial results before market hours Tuesday, July 23, 2019. ...

  • Harley-Davidson Stock Rose after Announcing Partnership in China
    Market Realist21 days ago

    Harley-Davidson Stock Rose after Announcing Partnership in China

    In the third week of June, Harley-Davidson (HOG) posted 5.8% gains as compared to a 2.2% rise in the S&P 500 Index. Last week, the company announced its partnership with China’s Qianjiang Motorcycle Company Limited. Under the new partnership, both the companies aim to collaborate to launch a premium 338cc motorcycle targeted at Chinese and other Asian markets.

  • Is This Really Another Worrisome Sign for Harley-Davidson?
    Motley Fool21 days ago

    Is This Really Another Worrisome Sign for Harley-Davidson?

    It shows just how unaffordable one of its motorcycles really is.

  • Here’s What Hedge Funds Think About Harley-Davidson, Inc. (HOG)
    Insider Monkey23 days ago

    Here’s What Hedge Funds Think About Harley-Davidson, Inc. (HOG)

    We can judge whether Harley-Davidson, Inc. (NYSE:HOG) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. […]

  • HOG to Start Making Bikes in China while Apple May Move Away
    Market Realist27 days ago

    HOG to Start Making Bikes in China while Apple May Move Away

    Yesterday, US legacy motorcycle pioneer Harley-Davidson (HOG) announced its partnership with China’s Qianjiang Motorcycle Company. Meanwhile, according to a recent Nikkei report, Apple (AAPL) wants to move about 15% to 30% of its production out of China. Let's take a closer look.

  • Auto Stock Roundup: F Recalls, HOG to Expand in China, WGO Beats on Q3 Earnings
    Zacks27 days ago

    Auto Stock Roundup: F Recalls, HOG to Expand in China, WGO Beats on Q3 Earnings

    Navistar (NAV) to invest $125 million in new manufacturing facilities at its Huntsville, AL-based engine plant. Ford's (F) recall worry continues.

  • Harley Teams Up With Qianjiang, Eyes Expansion in China Market
    Zacks27 days ago

    Harley Teams Up With Qianjiang, Eyes Expansion in China Market

    Harley's (HOG) latest partnership is aimed at capturing China's bike and moped market, as well as is in line with the company's cost-control initiatives.

  • Harley Looks to Kickstart China Sales With Development Deal
    Bloomberg27 days ago

    Harley Looks to Kickstart China Sales With Development Deal

    (Bloomberg) -- Harley-Davidson Inc., an American icon that’s taken heat from the White House for expanding overseas and retrenching at home, is teaming with a Chinese company to gain greater traction in Asia.The manufacturer signed an agreement with China’s Zhejiang Qianjiang Motorcycle Co. to develop two new motorbike models that will sell under the Harley brand, according to a statement filed with the Shenzhen stock exchange. The two aim to field the first bike in China by the end of next year and may sell the models in other markets including Thailand, Indonesia and India.Harley has been forced to stray from its roots due to a shrinking U.S. motorcycle market, contributing to what’s been a bumpy ride for the Milwaukee-based manufacturer during Donald Trump’s presidency. Chief Executive Officer Matt Levatich went from being one of the first company leaders to be welcomed to the White House in early 2017 to contending with angry tweets about closing a U.S. factory and adding production overseas to avoid tariffs.Levatich decided to shut an assembly plant in Missouri last year as U.S. sales continued to slump. Harley meanwhile began production at a factory in Thailand as part of a plan to sidestep tariffs and boost sales abroad.The maker of big bikes long colloquially referred to as Hogs is rolling out a series of smaller models in a bid to get half of revenue from outside the U.S. by 2027.Qianjiang is a unit of billionaire Li Shufu’s Zhejiang Geely Holding Group, whose assets include automaker Volvo Cars. Qianjiang plans to start selling a 338cc small displacement motorcycle in China with Harley by the end of next year before marketing it in other Asian countries, Geely said in a statement Wednesday. Qianjiang took over Italian motorcycle company Benelli in 2005.Shares of Qianjiang jumped as much as 6.4%, the biggest intraday gain since May 8, and were up 2.1% at 9:46 a.m. in Shenzhen. Harley fell 0.2% to $34.91 in New York on Wednesday.(Updates Qianjiang shares in seventh paragraph.)\--With assistance from Emma Dong, Qi Ding, Gabrielle Coppola and Tian Ying.To contact the reporter on this story: Kyle Lahucik in Southfield at klahucik3@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Chester DawsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.