Features
Harley releases 2010 lineup, sees credit rating downgraded
Just a few days after releasing its 2010 model lineup, Harley-Davidson learned an agency downgraded its credit ratings.
The new rating from Standard & Poor’s Ratings Services, however, remains investment grade, according to an Associated Press report. “The downgrade is based on our concerns with deteriorating motorcycle demand,” S&P credit analyst Andy Liu told the Associated Press.
Over the weekend Harley-Davidson launched its 2010 lineup, which will include nine new models. The model additions were made to its trike category plus five more of its platforms.
For more on Harley’s 2010 lineup, see an upcoming edition of Powersports Business.
