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Harley-Davidson Reduces Bike Shipments

With U.S. motorcycle sales not expected to improve much anytime soon, Harley-Davidson Inc. on Thursday said it would reduce bike shipments for the year and remain cautious in its sales outlook. The Milwaukee company said its profit fell 6.4% in the recent fiscal quarter, from $299.8 million a year ago to $280.4 million in the three-month period ended June 30.

 

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