S&P Global Ratings cut Harley-Davidson Inc.’s credit grades to junk status on Wednesday, citing the company’s strategy to start selling lower-cost motorcycles to boost revenue.
S&P Global Ratings cut Harley-Davidson Inc.’s credit grades to junk status on Wednesday, citing the company’s strategy to start selling lower-cost motorcycles to boost revenue.
Motorcycles at the Bluegrass Harley-Davidson dealership in Louisville, Kentucky, U.S., on Wednesday, Feb. 9, 2022. Harley-Davidson Inc. gained after reporting a surprise profit in the fourth quarter as strong demand in its home market and higher motorcycle prices padded earnings and shipping delays eased.
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