Harley Davidson - subprime lender?

Business Week

Who would have thought that Harley Davidson got in on that subprime action too and, well, joined the club of companies who are now stuck with a lot of loans it sold to people who can't afford them? They couldn't unload the last batch of subprimers that they tried to sell to third parties and now, they're stuck with 'em.

"As long as HDFS could package loans and sell them as securities to investors, the strategy worked. In the first quarter of 2008, though, HDFS was forced to retain $54 million in loans no investor would touch. Even fewer buyers stepped forward in the second quarter as loan delinquencies kept rising"