HD cancels orders, lays off workers...shutdowns coming
Road Master
Joined: Jul 2007
Posts: 914
Likes: 1
From: Republic of Texas
RE: HD cancels orders, lays off workers...shutdowns coming
ORIGINAL: YodaddyKeith
Breakingnews.....HD suffering poor sales....HD credit losing big cause they can't pawn off financed bike loans.
Plant closings and layoffs to come.....Dealer inventories to shrink..........production cuts.....orders canceled.
Yep........I saw it coming.
And it willbe REALLy bad by this time next year.
Have you guys also noticed that classifieds are full of low mileage used Harleys selling for payoff?
Breakingnews.....HD suffering poor sales....HD credit losing big cause they can't pawn off financed bike loans.
Plant closings and layoffs to come.....Dealer inventories to shrink..........production cuts.....orders canceled.
Yep........I saw it coming.
And it willbe REALLy bad by this time next year.
Have you guys also noticed that classifieds are full of low mileage used Harleys selling for payoff?
Advanced
Joined: Jun 2006
Posts: 82
Likes: 0
From:
RE: HD cancels orders, lays off workers...shutdowns coming
I don't think it will be as funny as most want to think it is. After the food, rent / house payment, taxes, gasoline, utilities ect the average harley owner is going to be scratching to even think about the new purchase. A small indication is the amount of bikes on the market less than two years old. Paying those interest payments mightput a little more stress on an already overtaxed budget. As far as older bikes retaining a higher value .... they can't sell them for what they are asking now. I feel harley has reached the point of value. Is a dresser worth the 20 plus thousand for a two wheeled vehicle ? Take a lesson from the car market.Many that said they wouldn't be caught riding in a foreign car may have two in the garage. No the sky isn't falling but many will take a common sense approach to future purchases. Before I buy another bike I want to see some technology. The pre war air cooled updates are no longer in my future. In place of layoffs I would like to see the production of a totally new design machine priced within the average family income. Just my 2 cents.
Cruiser
Joined: Oct 2007
Posts: 202
Likes: 0
From:
RE: HD cancels orders, lays off workers...shutdowns coming
HD is doing what they need to do to stay in bussiness. The only thing I see that would cause them to reduce prices is all the HD dealerships starting a price war. I am sure HD has something in their franchise rules to stop that. Just in my area 1 hr radius there are9 HD dealersThe only thing other than that is all the onlne stores lowering their prices to the point it hurts HD's after market bussiness.
Tourer
Joined: Nov 2006
Posts: 359
Likes: 0
From: Western North Carolina
RE: HD cancels orders, lays off workers...shutdowns coming
The reason they gave you a good trade-in was because they could get a good price for your used bike.
Now the market is soft and you can't give a used bike away much less a new one. Remember now who the good Dealers were when they could put a screwin to us and spend your $ there!
Mike
08 FLTR
SE 110
Tourer
Joined: Mar 2006
Posts: 294
Likes: 3
From: Pacific Northwest
RE: HD cancels orders, lays off workers...shutdowns coming
ORIGINAL: StrongIslander
I'm with ya AZ Rider. Strange how the concept of hard times has changed. In my Dads time he delivered news papers on foot before school as a kid and gave the pennies heearned to his Mom (His Dad workded dawn to dusk for $8/week and owned a fifteen year old pickup which he used mostly for work, couldn't afford a pickup And a car). After school, he went fishing cause if he didn't there might not be'meat' on the table at dinner. In my time, many nights we ate mac and cheese with canned tuna in itfor dinner (not cause we loved mac and cheese or tuna) but we had a small comfortable home and my dad owned car not a truck. Today we're on $700-$2000 computers talking about $20000+/- toys and buying hunks of chrome for $50-$1500 just for chromes sake. Gas costs us $3.50 a gal., It's closer to $6 in Europe. Most people who want, get three meals a day and have a roof over there head.1/3 of theworld are lucky to get one cup of rice aday and have no roof, not by choice. Oh and the price of rice per ton has gone from about $250 in 2002 to projected $800+ in 2009. Yeah, strange how the concept of hard times in the U.S. has changed.O.K., Rant over, Thanks for your time.
I'm with ya AZ Rider. Strange how the concept of hard times has changed. In my Dads time he delivered news papers on foot before school as a kid and gave the pennies heearned to his Mom (His Dad workded dawn to dusk for $8/week and owned a fifteen year old pickup which he used mostly for work, couldn't afford a pickup And a car). After school, he went fishing cause if he didn't there might not be'meat' on the table at dinner. In my time, many nights we ate mac and cheese with canned tuna in itfor dinner (not cause we loved mac and cheese or tuna) but we had a small comfortable home and my dad owned car not a truck. Today we're on $700-$2000 computers talking about $20000+/- toys and buying hunks of chrome for $50-$1500 just for chromes sake. Gas costs us $3.50 a gal., It's closer to $6 in Europe. Most people who want, get three meals a day and have a roof over there head.1/3 of theworld are lucky to get one cup of rice aday and have no roof, not by choice. Oh and the price of rice per ton has gone from about $250 in 2002 to projected $800+ in 2009. Yeah, strange how the concept of hard times in the U.S. has changed.O.K., Rant over, Thanks for your time.
Outstanding HDF Member
Joined: May 2005
Posts: 3,116
Likes: 0
From: Glendale, AZ.
RE: HD cancels orders, lays off workers...shutdowns coming
ORIGINAL: BigDaddyMike
The sky is falling, the sky is falling! I'm going for a ride now.
The sky is falling, the sky is falling! I'm going for a ride now.
Ultimate HDF Member
Joined: Aug 2007
Posts: 9,486
Likes: 4
From: Hico, TX (once home to Billy the Kid)
RE: HD cancels orders, lays off workers...shutdowns coming
ORIGINAL: night rider
... Before I buy another bike I want to see some technology. The pre war air cooled updates are no longer in my future.
... Before I buy another bike I want to see some technology. The pre war air cooled updates are no longer in my future.
ORIGINAL: night rider
In place of layoffs I would like to see the production of a totally new design machine priced within the average family income. Just my 2 cents.
In place of layoffs I would like to see the production of a totally new design machine priced within the average family income. Just my 2 cents.
Hence lay-offs would be my guess.
"within the average family income."
Well you have a Sportster or a Honda.
Since this is your last Harley, have fun on your Honda.
I can guess what news media some of these people are tunning in on.
I have never made more money in my life, Right Now!
You make excuses to fail. You do what you have to in order to succeed. It's my decision to go one way, it's your decision to go yours. If thats your decision.
The media Hype about how bad it is? You go ahead and listen to them, and fail.
Since it's only one party they support, the very same party that needs you to need them.
Failure for me, is not an option.
Life is good!
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Road Master
Joined: Nov 2007
Posts: 1,181
Likes: 7
From: tomball tx
RE: HD cancels orders, lays off workers...shutdowns coming
i'm in the car business and sell mostly work trucks to oil and oil field service companies. i kinda like 3.oo gas cause my business is good. it still hurts to fill up but i guess thats the price i pay. however, now days this run up in price is due to nothingmore than scumbag speculators and the devaluation of the dollar. i am a republican at heart but this idiot in the white house (and his cronies) do not have a clue. then the fact that general motors hasn't produced a truck in nearly two months due to a supplier strike, i am out of trucks to sell, well, it sucks. everybody needs to suck it up, including the uaw idiots up north, and get back to work. efveryone needs to read lee iococcas' new book. he hits it right on the head...ok...i'm thru ranting now.....ride safe
