Harley-Davidsons sales rose 8% in the third quarter, a key metric for the company’s stock, but the business is not as healthy as its chief executive, Peter Huang.
“There is a lot of uncertainty about what the outlook for Harley- Davidson’s business is going to be,” Huang said on CNBC.
“What I can tell you is that we’ve got a very strong business and we are growing, and that’s good news.
But we’re definitely going to make the best decision for our future. “
In terms of our business outlook, I think we’re a little bit behind where we should be.
In February, Huang said the company had about $6.5bn in debt and $4bn in assets and that it had been able to buy back $5bn of debt and buy back some $1bn of assets.”
We will continue to invest in our motorcycles and our motorcycles parts.”
In February, Huang said the company had about $6.5bn in debt and $4bn in assets and that it had been able to buy back $5bn of debt and buy back some $1bn of assets.
He added that the company was looking for $10bn to $15bn in funding.
The debt is owed to a number of investors, including investors in the company and the California government, as well as to creditors.