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Harley-Davidson Financial Services

Harley-Davidson Sees Declines in 3Q Income and Sales, Drops Buell and MV Agusta

Harley-Davidson Inc. reported an 84.1 percent decline in net income in the third quarter, compared to the year-ago period, which reflected lower motorcycle shipments and the effects of the economy on retail and wholesale loan performance at Harley-Davidson Financial Services (HDFS).

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Fitch Downgrades Harley-Davidson Ratings

Fitch Ratings lowered the ratings for Harley-Davidson and its financial arm, Harley-Davidson Financial Services (HDFS), on Friday after the motorcycle manufacturer announced a decline in revenue and income for the second quarter 2009.

Harley-Davidson Reports Lower 2Q Income, Reduces Shipment Plans and Workforce

Harley-Davidson Inc. reported decreased net income and revenue for the second quarter of 2009 compared to the year-ago period. Net income dropped from $222.8 million in the year-ago quarter to $19.8 million, while revenue fell from $1.57 million in the year-ago period to $1.15 billion.

Harley-Davidson Names Lawrence G. Hund President of HDFS

Harley-Davidson Inc. has named Lawrence G. Hund president and chief operating officer of Harley-Davidson Financial Services Inc. (HDFS), effective June 29.

HDFS Appoints Perry Glassgow as Interim President

Harley-Davidson Inc. announced Friday that John Olin, the motor company's vice president and controller, will take on the added responsibility of interim chief financial officer for Harley-Davidson Inc. It also announced that Perry Glassgow, the company's vice president and treasurer, will also serve as the interim president of Harley-Davidson Financial Services (HDFS), effective immediately.

Harley-Davidson Completes Funding Agreements to Support HDFS Lending

Harley-Davidson Inc. and its Harley-Davidson Financial Services (HDFS) subsidiary have finalized agreements that, in combination with other previously completed transactions, provide approximately $1 billion in funding to fuel HDFS' lending activities in 2009.

Harley-Davidson Reports 1Q Loss, Continues to Support Finance Division

Harley-Davidson Inc. reported decreased revenue and net income for the first quarter of 2009 compared to the year-ago period.