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Harley-Davidson
Harley-Davidson, Inc. ($HOG) is an American icon.  It’s also a well-managed company and one of those true rarities: a successful turnaround story.  This is a company that was facing bankruptcy in the early 1980s yet managed to rebuild itself into the pride of American manufacturing…and the subject of countless case studies in MBA programs worldwide....
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The news just doesn’t get better for Harley-Davidson (NYSE: HOG) and its peers in the “big bike” business. US motorcycle sales shrank by 14.1% in the third quarter from the year before, extending the grueling decline to 15 consecutive quarters. Remember, that is a 14.1% decline from the already deeply depressed sales figures of 2009....
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