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Harley-Davidson - CEO Interview.

Publication: Finance Wire

Publication Date: 23-AUG-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO

JOE KERNEN, CNBC ANCHOR: Well, Harley-Davidson is hoping to make your hog wildest dreams come true. The country`s largest motorcycle maker recently announced its largest new product rollout in years. And today it will unleash those new hogs on the Big Board. The question is, will the new bikes give some gas to a stock that has stalled this year after some great years of outperformance? You can see it right there, that was a 10-point drop, I think it was back in April after the company cut its targets. Joining us from the New York Stock Exchange, Jim Ziemer, the new CEO of Harley-Davidson.

Good morning, Mr. Ziemer.

JAMES ZIEMER, CEO, HARLEY-DAVIDSON: Good morning, Joe.

KERNEN: How are you? Good to see you.

ZIEMER: Just fine.

KERNEN: Still trying to figure out this -- and I know you don`t want to talk about April, obviously. But all did you was cut production by 10,000 back then. Now there are shareholder suits, there`s an investigation. Why does the SEC need to look into what happened with cutting production if there`s just not the demand there?

ZIEMER: Joe, we announced that we`re going to have -- second quarter, we announced that we`re going have a record...

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