Price cuts pressure Harley-Davidson's profits in first quarter

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Price cuts pressure Harley-Davidson's profits in first quarter
Photo: Martin Meissner AP/TT

Operating profit fell to $23 million in the first quarter of this year, an 85 percent drop compared with the same quarter last year. Revenue fell 12 percent to $1.2 billion.

Sales volume in the first quarter increased 8 percent to 33,500 motorcycles. In North America, sales rose 14 percent to 23,800 motorcycles.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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