Harley-Davidson, the iconic American motorcycle manufacturer, has reported a decline in quarterly profit due to a slowdown in demand. The company's financial results for the period underscore the challenges it faces in an increasingly competitive market.
During the quarter, Harley-Davidson's net income dropped by a significant margin. The company's profit was impacted by lower motorcycle sales, particularly in the United States, its largest market. While international sales showed some improvement, it was not enough to offset the decline in domestic demand.