Harley-Davidson Inc.'s third-quarter earnings dropped 84%, as the motorcycle maker continued to suffer from weak sales during the economic downturn.I have long said that HD needed to start making motorcycles again and stop making cartoons on two wheels. The XR1200 is the only new product that is actually rideable. All the other new bikes seem to be parts bin creations created for the wanna-be crowd.
The company also said it will discontinue its Buell product line and divest itself of its MV Agusta unit as part of its turnaround strategy.
Too bad Erik's bikes are going down with the rest of them. At least he went out with a Blast. Check out the videos in the last Buell Blast ad.
Here's a link to a SuperBikePlanet report.