MILWAUKEE – Harley-Davidson loves millennials, no doubt about it, with much of the company's marketing aimed at motorcycle buyers ages 18-34.
Do the millennials love Harley back? It looks that way; the world's largest manufacturer of heavyweight bikes says it's the market leader in sales of new on-road motorcycles to young adults.
In 2015, for the eighth straight year, Harley was the No. 1 seller of new highway motorcycles in the United States to adults ages 18-34. It was also the top seller of those bikes to women, blacks and Latinos, as well as white men ages 35-plus, according to motorcycle registration data.
Harley says its strategy to focus on growth among "outreach customers" lines up well with U.S. population trends.
The millennial generation continues to grow as immigration adds to the group. Millennials now number 75.4 million, surpassing the 74.9 million baby boomers (ages 51-69), according to the Pew Research Center.
That's the challenge, and the opportunity, for Harley and other motorcycle manufacturers that are well established with the boomers but must bridge the generation gap to the millennials.
In 2015, one-third of new Harley-Davidson motorcycle purchasers had never owned a bike before.
"We continue to sell more Harley-Davidson motorcycles to today's young adults than we sold to baby boomers when they were young adults," Harley CEO Matt Levatich said last month at the company's annual shareholders meeting.