Harley-Davidson Recalling 13,400
MILWAUKEE -(Dow Jones)- Harley-Davidson Motor Co. (HDI) issued a voluntary safety recall on its 2006 Dyna series motorcycles for a possible transmission defect.
In a press release Tuesday, the motorcycle manufacturer said approximately 13, 400 motorcycles built between June 9 and Oct. 19, 2005 are included in the recall.
Harley-Davidson said transmissions in the affected motorcycles have a defect which under certain circumstances may allow them to go into a false neutral position even though the neutral indicator light is illuminated.
The company estimates the costs associated with the recall will be less than $ 5 million and said it will reserve these costs in the fourth quarter.
Harley-Davidson's NYSE-traded shares closed Tuesday at $54.47, down 38 cents, or 0.7%.
-Jennifer Tershak; Dow Jones Newswires; 201-938-5400; [email protected] dowjones.com
(END) Dow Jones Newswires
11-22-05 2130ET
MILWAUKEE -(Dow Jones)- Harley-Davidson Motor Co. (HDI) issued a voluntary safety recall on its 2006 Dyna series motorcycles for a possible transmission defect.
In a press release Tuesday, the motorcycle manufacturer said approximately 13, 400 motorcycles built between June 9 and Oct. 19, 2005 are included in the recall.
Harley-Davidson said transmissions in the affected motorcycles have a defect which under certain circumstances may allow them to go into a false neutral position even though the neutral indicator light is illuminated.
The company estimates the costs associated with the recall will be less than $ 5 million and said it will reserve these costs in the fourth quarter.
Harley-Davidson's NYSE-traded shares closed Tuesday at $54.47, down 38 cents, or 0.7%.
-Jennifer Tershak; Dow Jones Newswires; 201-938-5400; [email protected] dowjones.com
(END) Dow Jones Newswires
11-22-05 2130ET