Harley-Davidson announced its third-quarter results today and BOY do things look ugly.
earnings down 71 percent
U.S. retail motorcycle sales down 24.3 percent
To discontinue production of Buell motorcycles.
Remaining inventories of Buell motorcycles, accessories and apparel, while they last, will continue to be sold through authorized dealerships. Warranty coverage will continue as normal for Buell motorcycles and the Company will provide replacement parts and service through dealerships.
Company to immediately begin plans to sell MV Agusta.
More to come later today on www.dealernews.com from Guido Ebert, who is sitting in on third quarter conference call.
Advertisement
Tags: buell, harley-davidson, mv agusta
