Harley-Davidson has decided to stop producing one of its motorcycle brands. Erik Buell developed the sport bike in 1983. He made the announcement on the company’s website.
The decision will result in the loss of about 80 manufacturing jobs in East Troy and about 100 salaried positions. Harley-Davidson says its third-quarter profit slid 84-percent on lower motorcycle shipments and recession-related difficulties in getting loans for its customers. The company also plans to sell its MV Augusta division.