Harley-Davidson reports retail sales slowdown
For the first time in at least two years, Harley-Davidson has seen a downturn in its worldwide retail motorcycle sales.
The leading seller of on-road motorcycles in the United States reported nearly a 6 percent decrease in its U.S. sales and an overall 1.3 percent drop in its worldwide sales in its first quarter.
The sales drop, combined with a three-week strike at the manufacturer’s York, Penn., plant, led to reduced earnings and net income in the Milwaukee, Wis., company’s first quarter.
For more on H-D’s first-quarter report, see the May 14th edition of Powersports Business.