February 28, 2007

Harley-Davidson to lose one month’s production to strike

Milwaukee, Wisconsin – Harley-Davidson has announced that it will reduce its first-quarter motorcycle shipments from a previous guidance of 82,000 to 84,000 units, to a revised guidance of 64,000 to 66,000 units. The revision reflects the impact of a three-week strike that concluded last week at the company’s manufacturing facility in York, Pennsylvania.

The strike will result in a loss of approximately one month’s production. The company says it expects to make up approximately 4,000 to 5,000 of the motorcycles during the remainder of the year, but will ship approximately 14,000 fewer bikes over the full year than originally planned.

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