What Years Did AMF Own Harley Davidson Motorcycles?
Harley-Davidson and AMF (American Machine & Foundry) had a business relationship that lasted for 13 years, from 1969 to 1982. During this period, AMF acquired Harley-Davidson and became its parent company.
History Between Harley-Davidson and AMF
In 1969, AMF, a diversified manufacturing conglomerate, purchased Harley-Davidson. AMF's acquisition was driven by a desire to expand its recreational products portfolio. However, AMF's ownership of Harley-Davidson proved to be problematic. The company's focus on cost-cutting measures and mass production led to a decline in the quality and perceived value of Harley-Davidson motorcycles.
In the early 1980s, Harley-Davidson faced financial difficulties due to declining sales and increased competition. AMF, facing its own financial challenges, decided to sell off Harley-Davidson in 1982. A group of 13 investors, led by Harley-Davidson executives, purchased the company and took it private.
Related Questions and Answers
- When did AMF acquire Harley-Davidson?
- 1969
- How long did AMF own Harley-Davidson?
- 13 years
- Why did AMF acquire Harley-Davidson?
- To expand its recreational products portfolio
- What were the consequences of AMF's ownership of Harley-Davidson?
- Decline in quality and perceived value of motorcycles
- Who purchased Harley-Davidson from AMF in 1982?
- A group of 13 investors, led by Harley-Davidson executives
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