NEW YORK – legendary motorcycle company Harley-Davidson (HD) continues to lose money, even HD itself has lowered its total bicycle production motor for the world Market.
Harley-Davidson Inc. on Thursday (07/28/2016), said total sales decrease and domestic Demand Continues to decrease has led companies to cut production and delivery motorcycles in 2016.
“We do not expect this industry to decline. While the market demand continues to decline, the rise in market prices add to the full impact of this loss,” said chief executive HD Matt Levatich as reported thestar, Friday (29 / 7/2016)
HD slash spending in 2016 as many as 264000-269000 units of motorcycles. From previous 269000-274000 units of motorcycles.
Currently, Harley-Davidson (HD) is rumored to be taken over by private equity firm KKR & Co, because it is considered a loss. However, until the news was revealed the KKR & Co. itself turns out it is still reluctant to comment on the news.
But the HD has issued a statement denying, “Harley-Davidson has frequently been the subject of all kinds of speculation. This is an old practice. We do not comment on market rumors and speculation. “Communiqué Harley Davidson as reported cnbc, (11.07.2016).
However, the impact of market rumors that have made Harley shares rose nearly 20% on Friday, July 1. Because, investors speculated that the American motorcycle company that he probably would be taken over by KKR & Co.
Please note, KKR & Co. is a major player in the field of finance and manage approximately $ 126 billion of assets, including venture fields of energy, infrastructure, real estate, finance, and capital. Indeed, in the last year, H-D did not show better performance, leading to speculation that develops into a takeover rumors.
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