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Harley-Davidson names Keith E. Wandell President and CEO

Filed under: Hirings/Firings/Layoffs, Motorcycles


Harley-Davidson Nightster - Click above for a high-res image gallery

Keith Wandell has been named Harley-Davidson's new President and CEO, taking the place of James Ziemer. Wendell joins The Motor Company by way of fellow Milwaukee-based automotive supplier Johnson Controls, where he'll remain in his current role as President and COO until the end of April. Financial news institutions seem generally pleased with the appointment, which is good since H-D's currently experiencing some of the worst market conditions in its 106-year history. Somewhat shockingly, Wandell does not currently own a motorcycle, a fact we're certain will be quickly rectified.

Also starting on May 1 will be Enrico D'Onofrio, who will take the reigns at MV Agusta, the Italian motorcycle maker that was recently purchased by Harley-Davidson. D'Onofrio had previously held the role of CFO at cross-town rival Ducati – which definitely sounds promising – and will take over for Matthew Levatich, who will now serve as COO at H-D. Quite the management shake-up, no? Mind-numbingly boring press release after the break.


Chicago 2009: (You Can Still) Rock in America - Ford unveils Harley-Davidson F-150

Filed under: Chicago Auto Show, Trucks/Pickups, Marketing/Advertising, Ford


Click above for high-res gallery of the 2010 Ford F-150 Harley Davidson Edition

Flush from the news that its F-150 pickup performed markedly better than many of its primary competitors in a new series of IIHS side-impact crash tests, Ford has rolled out its latest larger-than-life Harley-Davidson model.

Outside of the appearance items, the HD is essentially a Platinum Edition F-Series in motorcycle leathers, but that's not necessarily a bad thing. Available in either Lava (dark maroon) or Tuxedo Black, the Harley looks very aggressive in the metal – and the effect is not just a function of scale. The bold six-bar grille and 22-inch Harley-branded polished/painted alloys clearly set it apart as a distinct model from other F-Series pickups, and Ford has also slathered the pickup in oversized emblems and strange red "swoosh" marks on the rocker panels. While we could do without the latter flourishes, the truck still strikes us as particularly good-looking in Lava.

Ford's 14th Harley-branded product also has a seriously dolled-up interior that is likewise not for introverts. The prevailing theme behind the cabin's styling is that of a Harley biker jacket, and the materials, color choices, and the gigantic badges on the seats and center console (including a serialized plate) are unsubtle but appropriate.

Clearly not a truck for wallflowers, Ford continues to carve out niche after niche for its new 2010 F-150. Click on the gallery below for in-person shots of the new HD F-150, and then click here for more details.


Photos copyright ©2009 Drew Phillips / Weblogs, Inc.

Warren Buffet invests $300m in Harley-Davidson

Filed under: Earnings/Financials, Motorcycles

Harley-Davidson has announced that Warren Buffet's Berkshire Hathaway group will invest $300 million in the motorcycle maker by through a purchasee of senior unsecured notes that will mature in 2014. These funds match a similar investment by Davis Selected Advisers, L.P., which is already the largest holder of company stock. Harley-Davidson will use the money to bolster its lending services, hopefully making it easier for the trouble motorcycle maker to lend cash to consumers. Berkshire Hathaway will reportedly receive a hefty 15% annual interest rate on the investment.

The markets have responded to the news rather favorably, with H-D shares hitting $13.56 in trading yesterday afternoon – a 14% increase from where they started the day. Just about a week ago, H-D announced a plan to shed 10% of its workforce. This move marks the first time that Buffet has ever invested in the company.

[Source: Bloomberg]

Harley-Davidson introduces Sportster Iron 883

Filed under: Motorcycles


Click above for high-res image gallery of the 2009 Harley-Davidson Iron 883

Sales of Harley-Davidson's line of Big Twin motorcycles have taken an unfortunate nosedive as of late, a fact directly attributable to the current recession here in the United States. Most new motorcycles, especially those costing as much as some small cars, are discretionary purchases, so HD is understandably working hard on new models with a lower price point, the latest of which is the Iron 883. This new bike enters HD's Dark Custom series and is therefore completely blacked-out. Available colors are Black Denim and Brilliant Silver Denim, both of which feature a distinctive matte finish that's perfect for their design ethos.

This new steed is based on the entry-level Sportster platform and starts at $7,899, which is a full $2,000 cheaper than its larger sibling, the Nightster 1200. The two Sportsers share the same basic design, including a slammed suspension complete with front fork gaiters, solo saddle and foldaway side-mounted license plate holder. The main difference between the two machines lies in the displacement of the fuel-injected V-twin engine, with the new Iron making use of the smaller 883cc jugs, and in the use of 13-spoke wheels on the Iron 883 in lieu of laced rims. It's definitely an attractive machine and we think it should do pretty well with its relatively low base price and guaranteed trade-in value.


[Source: Harley-Davidson]

Harley-Davidson to cut 1,100 jobs

Filed under: Hirings/Firings/Layoffs, Earnings/Financials, Motorcycles

Harley-Davidson is a company that has seen plenty of ups and downs over its 106-year history, having survived the Great Depression after being the largest motorcycle manufacturer in the world through the 1920s. We may not quite be in another depression, but our current recession has caused sales, profits and share prices to fall fast and Harley is digging in for the long haul, announcing a plan to cut 1,100 jobs over the next two years. That figure that represents 10% of the company's entire workforce. More than half of those losses will be seen in the company's home state of Wisconsin, with the remainder coming from facilities in York, Pennsylvania, and Kansas City, Missouri. During the course of this restructuring, the Motor Company will also be replacing Jim Ziemer, the company's current chief executive. Sounds like a tough road ahead.

[Source: AP via Google]

Harley-Davidson guarantees the value of its Sportster

Filed under: Motorcycles


Click above for a gallery of the Harldy-Davidson Nightster

It's a tough time to be selling any kind of vehicle in the United States, including motorcycles. Harley-Davidson has been hit just as hard as anybody else, and it's the more expensive line of bikes taking the brunt of this sales slowdown. The Motor Company's Sportster line is still selling fairly well, with its relatively attractive price and fuel efficiency conspiring to keep the V-Twins moving off the showroom floor. HD must really want to capitalize on those sales, as it's just announced a unique incentive to purchase a new Sportster, or alternatively to trade in your recently purchased model.

All 2008 and 2009 Sportsters will be sold with a guarantee that HD will offer the full MSRP of the bike when it comes time to trade up to a Big Twin (aka, non-Sportster) or VRSC model. Already ridden off the showroom floor? No problem, all previously sold 2007-and-newer models get the same deal. Fine print? Of course: XR1200 sales don't count; participating dealers only; offer valid between Dec. 26, 2008 and Mar. 31, 2009. Doesn't sound like too bad a deal for those already in the market.


[Source: Harley-Davidson]

Enter the Rumormill: Harley-Davidson quietly launches XR1200 in US?

Filed under: Motorcycles, Rumormill


Click above for high-res image gallery of the Harley-Davidson XR1200

We haven't yet gotten any official word from Harley-Davidson regarding the imminent U.S. launch of its XR1200, a thoroughly modern take on the old XR750 made famous on various dirt tracks across the United States. Oddly, despite this profound racing heritage in America, HD at first decided to send the revived XR to European dealerships only while suggesting that the U.S. may also get the bike at some point if demand proved strong. It seems that enough Americans were interested for the company to investigate its home market further, as rumors now indicate that an initial run of 750 XRs are being set aside for U.S. consumption. If you want one of these first XRs, you'll need to have your order in by December 15.

We have not been able to confirm this launch with the powers-that-be at HD, but at least one dealership in Westminster California is taking deposits for orange XR1200s with a price of $11,179 and a due date before the end of the year. Black and silver models will apparently be made available early next year. We made a quick call to Westminster Harley-Davidson and got confirmation that an email was sent just yesterday informing dealers of the news. Still, until we see an official announcement from Harley, which certainly wouldn't be entirely unexpected, this one's not quite officially official. Stay tuned... we may finally get the chance to ride the Sportster as God and Mr. Davidson himself intended.


[Source: Chopper Daves]

Harley-Davidson developing corner-carving trike

Filed under: Concept Cars, Misc. Auto Shows, Motorcycles, Rumormill


Click above to view HD's 2006 patent drawings for a leaning trike

Harley-Davidson introduced its first official trike in years earlier in 2008 and now looks to flip things around a bit with a new reverse-trike that leans into corners. Rumors indicate that the huge American Motor Company will bring the corner carving trike in concept form to a motorcycle show set to take place next month in Cologne, Germany. If that debut indeed takes place, the machine is likely to be powered by the liquid-cooled Revolution V-Twin engine from the Rod series as opposed to the 45-degree air-cooled mill powering most of its bikes. We've known that the company has been working on this design for the past few years, filing patent drawings way back in 2006. The market is definitely ready for it now that Piaggio and Can Am have toed the waters. We look forward to seeing just how accurate these rumors prove to be next month. Thanks for the tip, Moose!


[Source: Wired]

First Ride: 2009 Harley-Davidson CVO models

Filed under: First Drive, Motorcycles


Click above for high-res image of the Harely-Davidson CVO models

There is no doubting that Harley-Davidson motorcycles have stood the test of time. Though sales of both mainstream and higher-end models from The Motor Company are down, Harley-Davidson has seen fit to continue its line of factory custom models. Custom Vehicle Operations offers complete models featuring Screaming Eagle parts.

HD has no problems selling its entire allotment of CVO SE bikes each year despite their high cost of entry, so we surmise that folks looking for full custom bikes complete with Harley-Davidson warranties must have fairly deep pockets. Surely then, these machines had better be quite different from their more standard countarparts. Let's take a closer look.


Photos copyright ©2008 Jeremy Korzeniewski / Weblogs, Inc.

Harley-Davidson launches two new 2009 models

Filed under: Motorcycles


Click above for more shots of the 2009 VRSCF V-Rod Muscle

Harley-Davidson, the definitive American motorcycle manufacturer, has released its 2009 models, and there are a few surprises to take note of, including the introductions of two brand new bikes. The VRSCF V-Rod Muscle (above) builds on the same liquid cooled platform of past VR models and adds a new rear fender design, dual side exhaust pipes and revised bodywork to the wide 240 mm rear tire that some models already feature. The second new bike is The Motor Company's first trike, the Tri Glide. Using a brand new rear differential along with air suspension in back, Harley looks to capitalize on the growing three-wheeler trend in the states.

In other news, HD has also revised the frame of all its '09 Touring models, and we recently got the chance to feel the new, more solid-feeling frame ourselves. It's a definite improvement, especially important since the revised Tour-Pak is capable of holding even more gear and weight. Nearly all new Duna and Sportster models feature a new front fender said to more closely follow the contour of the front wheel, improving the appearance of the bikes in the process. Take a closer look at the two completely new models here:

[Source: Harley-Davidson]

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