News for Harley-Davidson
Dec 3 · 1:28:00 PM · Source: Company News
Motorcycle manufacturer Harley-Davidson, Inc. Thursday said it will keep its motorcycle operations in York, Pa., and move forward with plans to restructure those operations. The announcement follows yesterday’s ratification of a new seven-year labor agreement by company employees at York, represented by International Association of Machinists and Aerospace Workers (IAM) Local Lodge 175, and today’s decision by the Harley-Davidson Board of Directors to approve the restructuring plan and related funding.
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by Larry Etter
Oct 15 · 10:17:00 AM · Source: CNBC
Harley Davidson reported earnings of $0.11 per share missing analyst’s forecasts of $0.21 per share. Sales fell 21% to $1.12 billion.
The company plans to discontinue its Buell product line and sell its MV Agusta unit, essentially exiting the sport bike market. It expects to book $125 million in one-time costs associated with the moves.
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by Michael Oliveto
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