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Warren Buffett Loans $300 Million to Harley-Davidson

Don’t think that Mr. Buffett is lending the American icon the money out of the goodness of his heart, he is receiving a whopping 15 percent on his money, at those rates I can lend Harley some money! CNBC.com Warren Buffett poses on a motorcycle at the Burlington Hathaway annual meeting in May, 2008.  Berkshire’s Geico subsidiary was promoting its motorcycle insurance.

Harley-Davidson Reports Q1 2014 Sales Results

Harley-Davidson kicked off its 2014 fiscal year with a first quarter net income of $265.9 million, an 18.1% increase from the profit reported in the same period of 2013. Consumers purchased 57,415 new Harley-Davidson motorcycles worldwide in the first quarter, up 5.8% from the 54,254 units sold in Q1 2013. U.S.

Harley-Davidson Recalls Over 100,000 Touring Models, 1400 Street Models

Harley-Davidson has recalled more than 105,000 Touring models from the 2014 model year, and approximately 1400 Street models from the 2015 model year. The Touring models have been recalled due to a possible failure of a component in the clutch master cylinder. This possible failure could cause a reduction in pressure available to keep the clutch disengaged, according to the NHTSA.