Harley-Davidson lost money in 2009, the first time that’s happened in 16 years.
Harley’s year-end statement recorded a net loss of $55.1 million U.S. and a fourth-quarter net loss of $218.7 million.
The company’s annual revenue was $4.29 billion, compared with $5.58 billion the year before.
Income from motorcycle sales was 45.6 per cent down in the last quarter and was down to $3.17 billion from $4.24 billion for the year.
Harley’s profits were down due to slow sales, the cost of some restructuring operations, and the closing of Buell, as well as the sale of the MV Agusta brand.