The world's largest manufacturer of heavy motorcycles continued to combat the market downturn and increased competition. In the fourth quarter of 2017 net revenue of Harley-Davidson fell by 82% and amounted to 8.3 million dollars. Earnings per share: only 5 cents (Q4 2016 — 27 cents).Revenue grew from 1.11 billion to $ 1.23 billion.Difficult times for the manufacturer from Milwaukee. Edition of USA Today writes that according to the plan of consolidation H-D will close plant in Kansas that will lead to the loss of 800 jobs .
The manufacturer is going through hard times, but I've had worse. In 2009-2010, the company suffered huge losses, but quickly reorganized after the global financial crisis.

The management of the company H-D expects that the consolidation of the plant, lower taxes, and higher sales in the global market will allow the company to reach a good profit. In the near future the manufacturer is going to invest more in the development of electric lineup.

HOG shares fell nearly 9%.