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updated 8:19 PM UTC, Aug 7, 2020

Harley-Davidson Takes Big Losses During Second Quarter

  • Written by Tyler Bue
  • Published in News

Milwaukee-based motorcycle maker Harley-Davidson is reporting major financial losses during the second quarter of the fiscal year.

The company reports a net loss of 92 million dollars after being forced to shut down production during the coronavirus pandemic. Shipments of motorcycles at this time during 2019 were almost 69 thousand units. This year they are just over 28 thousand. The company says its net revenue has fallen 53 percent compared to last year.

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