Elvis Presley’s 1973 Lincoln Continental stretch limo, 1976 Harley-Davidson Electra Glide, and 1967 GMC pickup will be on the block at Kruse GWS Auctions’ Artifacts of Hollywood event next month.
Harley-Davidson Inc. announced Dec. 3 it will keep its motorcycle operations in York, Penn., and said it will continue to restructure those operations.
Harley-Davidson Inc. selected the investment banking firm, BNP Paribas in Milan, to assist Harley-Davidson in the sale of MV Agusta. Harley-Davidson is currently identifying potential buyers for the Italian-based motorcycle company.
Harley-Davidson Inc. reported an 84.1 percent decline in net income in the third quarter, compared to the year-ago period, which reflected lower motorcycle shipments and the effects of the economy on retail and wholesale loan performance at Harley-Davidson Financial Services (HDFS).
Harley-Davidson Inc. has named John Olin as senior vice president and chief financial officer, effective immediately. Olin, 48, has served as interim CFO of Harley-Davidson Inc. since May 1 and as Harley-Davidson Motor Company's vice president and controller since joining the organization in May 2003.
Harley-Davidson Inc. announced plans to enter the motorcycle market in India, where it expects to start selling motorcycles in 2010. The company has established a subsidiary to be located in Gurgaon, near Delhi, and has begun the process of seeking dealers.
Fitch Ratings lowered the ratings for Harley-Davidson and its financial arm, Harley-Davidson Financial Services (HDFS), on Friday after the motorcycle manufacturer announced a decline in revenue and income for the second quarter 2009.
Harley-Davidson Inc. reported decreased net income and revenue for the second quarter of 2009 compared to the year-ago period. Net income dropped from $222.8 million in the year-ago quarter to $19.8 million, while revenue fell from $1.57 million in the year-ago period to $1.15 billion.
Harley-Davidson Inc. has named Lawrence G. Hund president and chief operating officer of Harley-Davidson Financial Services Inc. (HDFS), effective June 29.
Harley-Davidson Inc. announced Friday that John Olin, the motor company's vice president and controller, will take on the added responsibility of interim chief financial officer for Harley-Davidson Inc. It also announced that Perry Glassgow, the company's vice president and treasurer, will also serve as the interim president of Harley-Davidson Financial Services (HDFS), effective immediately.
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