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HOG - Harley-Davidson Suspends Production and Delivery of All LiveWire Motorcycles
Harley-Davidson Inc.
In a massive blow to Harley-Davidson's (NYSE: HOG) plan to reverse its decline, the motorcycle maker has stopped production on its LiveWire electric motorcycle, and is delaying indefinitely all further shipments, because it discovered a problem with the motorcycle's slow-charging capabilities.
Harley has told its dealers it doesn't know when production and delivery of the motorcycle will resume.