Dreadful quarter - read and explain why
What did you not understand that the Streets are selling well. They could not keep up with the demand to supply the assembly line with fuel pumps as the recall was in place. For this 1/4 the recall is done and the assembly line is going. They sold about 8K 15's and are on track to increase that considerably.
This area has strong sales. Helped the best I could bought two 16's so far. A Heritage and a Road Glide Custom Ultra CVO. Sure it costs as much as a Hylander Limited Platinum but many levels more enjoyable. You only live once so why not do it in style?
They still are 50% of the market in the size bikes that they sell. They have been at that level for years. That means that all the others which includes Indian now are still half the pie and fighting each other. Went into the Indian dealer a couple of times on rides which is the only one in a 100 miles radius. It was a morgue. I was the only one in the showroom. Not even a sales person. Finally the owner came out. Told him I was too old to ride motorcycles and was just looking so he walked away to his office. In a news interview he told the reporter that he sells 40 Indians a year. The local HD dealer has sold over 60 bikes a month several times this year.Same thing at the Victory dealer no one other than me and the Owner/sales person.
Does anyone know that sport bikes sales have dropped 70% from previous highs? Never a threat to HD sales. Honda publicly announced last year that they are no longer designing bikes to fit the US market. They are concentrating on the Asian rim. VTX's, Rune's and whatever that last V-twin chopper looking thing was lost money for them.
Buy the way each comparable model of any brands are not that far apart from each other in price. Compare the full dresser models of Indian, Victory, BMW, Honda, Kawasaki and others they just are not that far apart. Then look at Yamaha's Bolt which is priced the same as an 883 but it's has a spec version for more.
Read four of five motor cycle periodicals a month and pay attention. That way one can post more informed comments rather than raw gut opinion. When one posts that something is to expensive it is more than likely to mean that the author can not offord it than the fact the item is too expensive.
Last edited by lh4x4; Oct 20, 2015 at 06:49 PM.
Stop cutting corners and start making better stuff.
I remember when they broke from AMF and started to really concentrate on quality...They need to do that again.
http://www.cycletrader.com/STREET-75...istance%3Aasc&
Oh,and good used HD's are really affordable because of the sheer numbers of old dudes selling (or trying) their bikes right now.
Last edited by 01fxdxt; Oct 20, 2015 at 07:21 PM.
.
They can't be everything to everyone. Make the BEST bike in two or three categories.
Reading some of their objectives:
These investments will be focused in four primary areas:
- Increasing product and brand awareness
- Growing new ridership in the U.S.
- Increasing and enhancing brand access
- Accelerating the cadence and impact of new product
- Lead in every market.
- Grow the sport of motorcycling in the U.S., in part by growing the number of U.S. core customers and growing the number of U.S. outreach customers at a faster rate.
- Grow U.S. retail sales and grow international retail sales at a faster rate. In support of this objective, the company has a target to grow its international dealer network by 150 to 200 new dealerships by 2020.
- Grow revenue and grow earnings faster than revenue through 2020.
- Outperform the S&P 500.
Where is "make a better product that customers don't have to change every part on to get what they want?" Start with good handlebars and shocks and seats etc. Keep them customizable, but start with a product worth the price you're asking.
The objectives are grand and impressive but unattainable in the next 90 days. I don't think growing the sport of motorcycling is a good idea. That helps your competitors. The simple fact that HD thinks they can (or should) "grow the sport of motorcycling" suggests blind arrogance.
More people will lose their jobs after the next quarterly earnings call because someone didn't grow the sport of motorcycling in North America.
What did you not understand that the Streets are selling well. They could not keep up with the demand to supply the assembly line with fuel pumps as the recall was in place. For this 1/4 the recall is done and the assembly line is going. They sold about 8K 15's and are on track to increase that considerably.
This area has strong sales. Helped the best I could bought two 16's so far. A Heritage and a Road Glide Custom Ultra CVO. Sure it costs as much as a Hylander Limited Platinum but many levels more enjoyable. You only live once so why not do it in style?
They still are 50% of the market in the size bikes that they sell. They have been at that level for years. That means that all the others which includes Indian now are still half the pie and fighting each other. Went into the Indian dealer a couple of times on rides which is the only one in a 100 miles radius. It was a morgue. I was the only one in the showroom. Not even a sales person. Finally the owner came out. Told him I was too old to ride motorcycles and was just looking so he walked away to his office. In a news interview he told the reporter that he sells 40 Indians a year. The local HD dealer has sold over 60 bikes a month several times this year.Same thing at the Victory dealer no one other than me and the Owner/sales person.
Does anyone know that sport bikes sales have dropped 70% from previous highs? Never a threat to HD sales. Honda publicly announced last year that they are no longer designing bikes to fit the US market. They are concentrating on the Asian rim. VTX's, Rune's and whatever that last V-twin chopper looking thing was lost money for them.
(Wandell obviously knew what he was doing when he 'retired' early last year.)
Last edited by Stiggy; Oct 20, 2015 at 07:01 PM.
The Best of Harley-Davidson for Lifelong Riders
BTW, that EPS would have been a lot lower without share buy back.











