A continued sluggish U.S. market for motorcycles pushed Harley-Davidson Inc.'s third-quarter profit down 15.3 percent, and the motorcycle maker said it expects next year to be difficult, too.
Domestic buyers are seeing oil prices rising and the home market crumbling, so they're being cautious about spending, even when it comes to the iconic brand's bikes, Chief Executive Jim Ziemer said in an interview.
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The Harley 3Q profit falls because of the sluggish U.S. market. I think it is the time for the company to change its policy. Many friends I meet on a site called bikerkiss. They are Harley enthusists. We usually talk about Harley together. Some of them think now the company should expand its abroad market.
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