Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its mo...
) on Tuesday reported a larger-than-expected decline in its motorcycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares lower.
In the December quarter, U.S. retail sales declined for the 12th straight quarter. Sales in the domestic market are projected to slide at a tempered pace in 2020. To turn around the business, Levatich is focusing on increasing ridership in the United States and has plans to invest as much as $1.6 billion through 2022.
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