Harley-Davidson Inc. $HOG has announced the recall of 82,117 motorcycles sold in the United States following a mechanical issue linked to the rear shock absorber adjuster. The defect, outlined in a June 12 report by the National Highway Traffic Safety Administration (NHTSA), may cause unintended contact between the tire and the frame, increasing the likelihood of tire pressure loss and road instability.
Harley-Davidson $HOG has once again found itself in the spotlight of the American financial community—not for a new motorcycle release, but due to a high-stakes move by one of its largest shareholders, investment firm H Partners. As the company faces declining sales and a weakened share price, H Partners is calling for sweeping changes at the top, setting the stage for a potential overhaul of the brand’s strategic direction.