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Matthew Levatich

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Harley-Davidson CEO Matthew Levatich dropped more than a few bombs during today’s earnings report, first saying that the Bar & Shield brand would close its Kansas City factory and consolidate production around its York, Pennsylvania plant.

The American brand isn’t stopping the news there though. Offering a carrot of good tidings, Harley-Davidson reports that it will make its first production electric motorcycle within the next 18 months, effectively bringing its Livewire concept into production.

No matter your political leanings, you cannot deny that the upcoming presidential election is grabbing a lot of headlines, and dominating our social discourse – and that is perhaps the way it should be, as electing the leader of the free world is no trivial matter.

Whoever leads the United States of America after January 20th will have a dramatic affect, not only on the American public sector, but also on the American private sector. The daily business and life of America are intrinsically linked to this country’s politics.

It is therefore not that uncommon to hear of American business leaders voicing their opinions, and endorsing political candidates for office – sometimes they themselves even run for office – so, maybe we shouldn’t be that surprised to hear that Harley-Davidson CEO Matthew Levatich weighed in on the 2016 election cycle.

It is a bit surprising to hear what he has to say though…

In a surprise press release late-today, Harley-Davidson announced that Matt Levatich will be taking over as the company’s CEO, starting May 1, 2015. Levatich will replace current CEO Keith Wandell, who took on his role in the company on May 1, 2009 — in the middle of the great economic recession.

The news is perhaps less shocking to industry insiders and analysts, who are familiar with the reasons behind Wandell’s tenure as CEO, and where Harley-Davidson stands today.

For sometime now we have been wondering when Harley-Davidson would initiate the next phase of its business plan, and whether Wandell would be a part of the company going forward.

As the symmetry of the tenure shows, today’s news is also a tip by Harley-Davidson that the swap in CEOs is due more to a new company direction than a reflection on performance.

Two years ago I lamented on the fact that Harley-Davidson didn’t have a model under 800cc, which among other things, left the company at odds with its efforts to push into the emerging Indian motorcycle market.

Six-months after I wrote that piece, there seemed to be some hope for the Bar & Shield brand, as rumors began to circulate about a 500cc class motorcycle that was being designed with emerging countries in mind. It would seem now, those rumors were true.

Confirming that Harley-Davidson would soon debut a 500cc class motorcycle for the Indian market, Harley-Davidson Motor Company Chief Operating Officer Matthew Levatich revealed last weekend that the Milwaukee-based company had a 500cc model in an advanced stage of development.

Hinting strongly that the machine would be built in India, and be aimed specifically at that market, Levatich also hedged his bets on the possibility of the model arriving on US soil.