Harley-Davidson Inc. posted lower earnings and revenue during the third quarter as motorcycle shipments declined as expected, reported The Wall Street Journal. The company’s earnings topped analysts’ expectations, however, while the top line fell short. The motorcycle maker has sought to reach beyond its traditional, middle-aged target audience with smaller bikes geared toward younger customers. ... Read More »
Read More →Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business, reported Michigan Live. Harley-Davidson is recalling more than 4,500 FXDL Dyna Low Rider bikes worldwide because engine vibration can turn the switches from “on” to “accessory.” The recall covers motorcycles from the 2014 ½ model year, including ... Read More »
Read More →Harley-Davidson Inc. reported disappointing retail sales of its motorcycles in the second quarter even as smaller rival Polaris Industries Inc. posted a strong showing, reported The Wall Street Journal. Milwaukee-based Harley, the dominant supplier of heavyweight motorcycles in the U.S., reported a 30% rise in profit, reflecting higher profit margins and a rise in shipments ... Read More »
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