MILWAUKEE
(September 1, 2006) - Harley-Davidson Motor Company today announced that
it has entered into an agreement with Lehman Trikes U.S.A., Inc. of Spearfish,
S.D., for the development of three-wheeled vehicles, commonly referred
to as “trikes.”
Plans call for
trikes to be developed around a Harley-Davidson® motorcycle product
platform and sold as original equipment branded Harley-Davidson vehicles
through authorized Harley-Davidson dealers. The Company has not announced
the timing or other details of the product introduction.
“Trikes are another
way we can inspire the dream of owning a Harley-Davidson,” said Harley-Davidson
Vice President Ron Hutchinson. “Harley-Davidson continues to aggressively
develop new products. We expect trikes to expand the appeal of our products
to those who prefer either the styling or experience of three-wheeled riding,”
Hutchinson said.
Lehman Trikes
U.S.A. is a subsidiary of Lehman Trikes, Inc. of Canada, a recognized leader
in the trike business for more than 20 years.
Harley-Davidson,
Inc. (NYSE:HOG) is the parent company for the group of companies doing
business as Harley-Davidson Motor Company, Buell Motorcycle Company and
Harley-Davidson Financial Services. Harley-Davidson Motor Company, the
only major U.S.-based motorcycle manufacturer, produces heavyweight motorcycles
and offers a complete line of motorcycle parts, accessories, apparel, and
general merchandise. Buell Motorcycle Company produces sport motorcycles.
Harley-Davidson Financial Services provides wholesale and retail financing
and insurance programs to Harley-Davidson dealers and their retail customers.
--Press Release
courtesy of Harley-Davidson--
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