Saturday, October 20, 2007

Harley rides a hard road

Facing sluggish consumer spending and doubts about the economy, Harley-Davidson executives say they're expecting a difficult finish to the year and further challenges in 2008.Friday, Harley said its third-quarter U.S. motorcycle sales were down 2.5% from a year ago while the U.S. heavyweight motorcycle market fell 4.4% overall. Harley's overseas sales were up 8.8%, partly fueled by a weak U.S. dollar.

The company had anticipated that domestic sales would be sluggish, so it cut bike shipments and earnings expectations in September.
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1 comment:

Ada said...

Now Harley is in trouble. Its domestic sales is sluggish. I think the company should take measures to change the current situation. Many friends I meet on a site calld bikerkiss say that it will be a good way to expand abroad market. We usually talk about Harley together.