A snapshot of motorcycle and ATV industry share performance across key manufacturers and major global markets at the trading week closure on Friday 3 October 2025. BDN financial editor Roger Willis reports.
USA — GOVERNMENT GRINDS TO A HALT
A US Federal Government shutdown, driven by Congress inability to agree funding between Democrat and Republican politicians, left hundreds of thousands of Federal employees without salaries. But it barely touched Wall Street trading. The biggest problem proved to be a resulting absence of official economic data, particularly relating to monthly factory payroll and employment growth figures.
Market indices performed as normal. The S&P 500 and Dow Jones Industrial Average respectively closed 1.8% and 1.1% up. S&P’s MidCap 400 added a much slimmer 0.6%, while the tech-heavy NASDAQ Composite put on a modest 1.3%. Among MidCap biker stocks, Harley-Davidson continued to stand out, trapped in a 28-buck value cul-de-sac. Its sparky LiveWire spin-off did better, but only gaining a step up into five-buck territory.
| Currency: dollar | Price | Week | Month |
| Harley-Davidson | 28.37 | +0.5% | -6.1% |
| Polaris Industries | 64.30 | +9.1% | +8.7% |
| Niu Technologies | 4.52 | -2.6% | +4.1% |
| LiveWire | 5.24 | +11.5% | +9.6% |
EUROPE — SPREADING SMILES ACROSS THE ATLANTIC
Eurozone market indices continued to make consistent advances. In Germany, Frankfurt’s Xetra Dax finished 2.7% higher and Italy’s FTSE MIB in Milan rose by 1.4%. But there wasn’t much in the way of strength through depth for automotive stocks. Probably the best biker showing came from Piaggio. KTM parent Pierer improved on the week but was significantly adrift on a monthly basis, even though Austria’s Wiener Börse ATX where it’s quoted had risen by 2.2%.
| Currency: euro | Price | Week | Month |
| BMW | 86.42 | +0.8% | -2.3% |
| Volkswagen | 94.20 | +1.7% | -7.1% |
| Pierer Mobility | 14.68 | +3.4% | -9% |
| Piaggio Group | 2.09 | +7.2% | +2% |
JAPAN — CENTRAL BANKER BOOST
Japan’s Nikkei 225 stock index got a 0.9% weekly leg up and the yen was nudged lower, after Bank of Japan governor Kazuo Ueda surprised investors with a dovish speech suggesting he wouldn’t be raising benchmark rates any time soon. However, that wasn’t much help to the big indigenous biker/automotive brands, with all four shedding value.
| Currency: yen | Price | Week | Month |
| Honda | 1524.5 | -7.6% | -10% |
| Yamaha | 1102 | -1.7% | -1.6% |
| Suzuki | 2189 | -1.7% | +8.4% |
| Kawasaki | 9202 | -5.4% | +3.3% |
INDIA — MISERY MODIFIED
Indian investor confidence improved slightly, with Mumbai’s S&P BSE Sensex 30 and NSE Nifty 50 market indices together gaining 1% rises. Among biker stocks, Hero MotoCorp put in the strongest performance. But both Bajaj and Royal Enfield parent Eicher booked losses.
| Currency: rupee | Price | Week | Month |
| Hero MotoCorp | 5550.50 | +4.2% | +3.5% |
| Bajaj Auto | 8679.50 | -0.3% | -4.5% |
| TVS Motor | 3456.10 | +1.2% | -0.6% |
| Eicher Motors | 6941.00 | -1.5% | +5.5% |
| Mahindra | 3462.00 | +1.9% | -2.8% |
CHINA — CELEBRATING CHINESE MADE
A stack of fresh statistics underlined China’s industrial might. Apparently the country now accounts for more than 30% of global manufacturing — more than the USA, Germany, Japan and South Korea combined. According to The Economist, Chinese goods are cheap and getting cheaper, because indigenous firms are both efficient and locked in a domestic price war of epic brutality. After nearly three years of falling factory-gate prices, Chinese firms are now desperate to sell into foreign markets where margins are fatter. China’s overall trade surplus is on track to exceed a trillion US dollars this year…
| Currency: yuan | Price | Week | Month |
| Qianjiang | 17.07 | +1.5% | -1.5% |
| Zongshen | 24.54 | -1.6% | +2.9% |
| Sundiro | 5.08 | -1.2% | +9.9% |
| CETC (Jialing) | 14.22 | +1.1% | +3.6% |
| Qianli (Lifan) | 12.43 | -5.5% | +9.2% |
| Loncin | 12.02 | -1% | -6.8% |
| Linhai | 10.56 | -0.5% | -1.8% |
| Guangzhou Auto Group | 7.62 | +0.9% | -2.6% |
| CFMoto | 268.25 | -2.5% | +1.2% |
| Xinri E-Vehicle | 12.10 | -0.6% | -4.6% |