A snapshot of key motorcycle industry share performance at close of trading on Friday 21 August.
USA
Harley-Davidson may soon split from its electric motorcycle spin-off LiveWire. The Milwaukee Business Journal and other media sources have reported that LiveWire is in danger of being delisted by the New York Stock Exchange after it received a warning from the NYSE on 23 July 2026. The company was told by the NYSE that it was no longer in compliance with its minimum share price requirement. The minimum threshold is $1 a share, and the average closing price of the company’s common stock had fallen below $1.00 per share over a consecutive 30 trading-day period. However, LiveWire Investor Relations issued a statement that the group “regained compliance with NYSE Continued Listing Standards” as of 11 August.
EUROPE
Bajaj Mobility free-float stock has perked up remarkably price-wise, on the back of KTM, Husqvarna and GasGas motorcycle exports from its revived Austrian manufacturing base, even though limited available shares for investors are thin on the ground in both Frankfurt and Vienna. However, more established European manufacturers on two wheels and four are now struggling. Piaggio had a disappointing half year, while BMW has said it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy programme – the latest German carmaker to axe staff in response to squeezed profits and weak demand.
The mystery has to be Ducati, with rumours flying that Volkswagen would like to dispose of its motorcycling subsidiary, backed by in the region of £105m already invested by the Italian government’s Ministry of Enterprises towards a major development agreement with the manufacturer and a further investment of £85m from the Ministry towards industrial research. Presumably, the company may then be channelled back into the hands of local investors. Watch this space.
JAPAN
Record rainfall in Japan has stranded thousands of travellers at Tokyo’s Narita airport, bringing floods to the surrounding area that disrupted transport, knocked out power to 20,000 homes and killed eight people. The weak yen is fuelling inflation concerns, and investors are betting on an interest rate rise within the next month. Honda and Suzuki both booked strong Q1 results, though, and are due to benefit from ratings updates.
INDIA
Bajaj Auto continued to boast record growth, from both its booming domestic market and manufacturing activity in Europe. But the company wasn’t alone, with opposition Hero MotoCorp most definitely also on the case. TVS launched a new Apache RR 310 road sport model, which features an engine co-developed with BMW, in front of 2500 bikers at a festival in Kenya. Meanwhile, Eicher Motors’ Royal Enfield business beat its Q1 profit forecast with record revenue. And Mahindra didn’t exactly hide behind strong profit figures, elevating its share price.
A new driving force behind Mumbai stock trading is the menacing presence of militant Hindu monk Yogi Adityanath, chief minister of India’s huge northern state of Uttar Pradesh, who is now seen as the successor to current Indian Prime Minister Narendra Modi.
CHINA
The inscrutability of China’s motorcycle industry is legendary, but suffice to say the attraction of listed manufacturers on the Shanghai and Shenzhen stock markets continues to grow – and some brands are investing aggressively beyond Chinese shores. The Yadea Group, for instance, has just announced a £1bn investment to build an e-motorcycle plant in the Philippines. But Taiwanese electric scooter firm Gogoro has just pointedly delayed Chinese expansion on its home turf against a threatening political background.