Harley-Davidson Has Its First Loss in 16 Years
Harley-Davidson, the motorcycle maker, reported a fourth-quarter loss Friday, its first quarterly shortfall in 16 years, hurt by restructuring costs and the sluggish economy.
Archive for the 'Harley' Category
Harley-Davidson Profit Falls on Lower Shipments
The motorcycle manufacturer, hit by the recession, said it plans to stop making Buell motorcycle products and will sell its MV Agusta division.
A Motorcycle Rally Revs Up, Though It’s No Longer Welcome
After complaints about violence and indecency, the City of Myrtle Beach declared Bike Week officially and permanently canceled. But the bikers are coming anyway.
Harley-Davidson to Cut More Jobs as Profit Dips
First-quarter profit tumbled 37 percent due to a sluggish motorcycle market, but the company beat expectations.
Letters: Harley’s Demographics
To the Editor:.
Harley, You’re Not Getting Any Younger
With its sales down and its core audience graying, Harley-Davidson, once a revered American brand, may need to redefine itself.
Buffett Pays Low for Another Icon
Harley-Davidson has joined Warren Buffett’s collection of iconic American corporate brands, in a deal that is straight from the Berkshire Hathaway boss’s downturn playbook.
Layoffs Spread to More Sectors of the Economy
The deep cuts suggest that employers expect a long downturn.
Its Profit Down, Harley to Reduce Bike Shipments
Harley-Davidson said its fourth-quarter profit fell 58 percent and that it would cut back some operations and reduce motorcycle shipments this year to cope with a decline in demand.
Harley Announces Job Cuts as Profit Slides
The company said that it will cut 1,100 jobs over two years and scale back its operations as its fourth-quarter profit fell amid the weak motorcycle market.
