Harley-Davidson restructures to preserve cash | Auto Finance News | Auto Finance News

Harley-Davidson restructures to preserve cash

Harley-Davidson Inc. motorcycles stand on display at the Tokyo Motorcycle Show in Tokyo.

COVID-19 has “dramatically changed” Harley-Davidson’s business and strategic plan, said Jochen Zeitz, acting president and CEO of the motorcycle manufacturer, during its first-quarter earnings call today. Harley-Davidson withdrew its 2020 guidance in late March. Harley is in full cash-preservation mode. In addition to operational changes, such as reduced planned capital spending, a hiring freeze and […]

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