HD cancels orders, lays off workers...shutdowns coming
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From: Fugitive from justice
RE: HD cancels orders, lays off workers...shutdowns coming
ORIGINAL: candyx
In after hours trading today Honda brought 51% of the out standing shares of HD under three private companies.
In after hours trading today Honda brought 51% of the out standing shares of HD under three private companies.
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Banned
Joined: Sep 2007
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From: Fugitive from justice
RE: HD cancels orders, lays off workers...shutdowns coming
ORIGINAL: choochoo
Couldn't happen to a more deserving company and I am doing my share to pull the cards on them too.
Hopefuly 15 or 20 % of the shareholders will bail on them too.
Maybe then we will get their attention to start taking care of their customers first!!
and raise their quality control.
since the international market is only doing 25% of all sales, won't take much drop there
to topple the rest of the house of cards!!
Couldn't happen to a more deserving company and I am doing my share to pull the cards on them too.
Hopefuly 15 or 20 % of the shareholders will bail on them too.
Maybe then we will get their attention to start taking care of their customers first!!
and raise their quality control.
since the international market is only doing 25% of all sales, won't take much drop there
to topple the rest of the house of cards!!
Intermediate
Joined: Apr 2008
Posts: 32
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RE: HD cancels orders, lays off workers...shutdowns coming
If I read the article right, the foreign market is fine, there's just a slump in the domestic sales. Couple that with a cash crunch because they are having to hold a lot of the financing because they can't sell it to the various lenders and you get a cash strapped company that has trouble meeting payroll.
So, lay off a bunch of people and cut production to weather the storm. This all makes sense and is a prudent thing to do. They probably could have avoided this by not financing anyone that had any problems at all with credit or couldn't make a big down payment, but I'd rather they cut production and make the commodity scarcer; thus raising the value of the ones already out there.
Let's face it, I bought new because the used were selling for only a couple of thousand less. Well, not totally true I also wanted cruise control, six gallon tank, etc. But for low mileage and a clean bike at a substantial savings, I might have bought used.
I really like the idea of the dealers having to scramble and actually deal with the customers. Jerks have been having it too damn easy. Now if their service departments would come up to snuff....
So, lay off a bunch of people and cut production to weather the storm. This all makes sense and is a prudent thing to do. They probably could have avoided this by not financing anyone that had any problems at all with credit or couldn't make a big down payment, but I'd rather they cut production and make the commodity scarcer; thus raising the value of the ones already out there.
Let's face it, I bought new because the used were selling for only a couple of thousand less. Well, not totally true I also wanted cruise control, six gallon tank, etc. But for low mileage and a clean bike at a substantial savings, I might have bought used.
I really like the idea of the dealers having to scramble and actually deal with the customers. Jerks have been having it too damn easy. Now if their service departments would come up to snuff....
Novice
Joined: Jan 2007
Posts: 20
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From: Pennsylvania
RE: HD cancels orders, lays off workers...shutdowns coming
There will be no layoffs at HD. They are called job cuts. ( Also known as fired. ) 380 union jobs and 350 salaried jobs. Most may be handled by way of early retirement packages. We will ship about 25,000 less bikes this year so as not to overload the dealers.
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From: Fugitive from justice
RE: HD cancels orders, lays off workers...shutdowns coming
Yeah....I agree.
Ya know, every Harely dealer is actually 4-5 separate businesses...you got sales, apparel, parts, marketing and service....they all have to make a profit and they each have to deal with customers.
I've found my that my bestrelationship is with the guys in parts.....I love them to death...we all know each other and i tip them whenever they come thru and even if they don't.....the dealer they work for hammers them, but us riders take care of them.
I'd like to get to know the guys in service but the service manager blocks the door......the gals in apparel don't last a week....the sales staff think evey customer is stupid...but the guys in parts keep me coming at least once a week.
Ya know, every Harely dealer is actually 4-5 separate businesses...you got sales, apparel, parts, marketing and service....they all have to make a profit and they each have to deal with customers.
I've found my that my bestrelationship is with the guys in parts.....I love them to death...we all know each other and i tip them whenever they come thru and even if they don't.....the dealer they work for hammers them, but us riders take care of them.
I'd like to get to know the guys in service but the service manager blocks the door......the gals in apparel don't last a week....the sales staff think evey customer is stupid...but the guys in parts keep me coming at least once a week.
Advanced
Joined: Mar 2007
Posts: 94
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From: casper wy
RE: HD cancels orders, lays off workers...shutdowns coming
For all those that are looking for jobs I moved from Michigan to Wyoming 2 years ago. What a difference. Lots and lots of jobs. Coal, oil, uranium, trona, wind power and railroad just to name a few. Oh and construction up the wazoo. Come on out the more the merrier. Plus the riding, Yellowstone, Tetons, the Big Horns and the BlackHills. And 300plus days on sun. Not to bad.
Outstanding HDF Member
Joined: Jul 2006
Posts: 2,876
Likes: 3
From: Washington State
RE: HD cancels orders, lays off workers...shutdowns coming
I've found my that my bestrelationship is with the guys in parts.....I love them to death...we all know each other and i tip them whenever they come thru and even if they don't.....the dealer they work for hammers them, but us riders take care of them.
I'd like to get to know the guys in service but the service manager blocks the door......the gals in apparel don't last a week....the sales staff think evey customer is stupid...but the guys in parts keep me coming at least once a week.
I'd like to get to know the guys in service but the service manager blocks the door......the gals in apparel don't last a week....the sales staff think evey customer is stupid...but the guys in parts keep me coming at least once a week.
Road Captain
Joined: Sep 2007
Posts: 643
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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?
due to the low dollar.
Us Europeans will keep Harley in business and prevent layoffs
That's what friends are for.
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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
Rocknrod;
Your right, new technology costs money.
Rocknrod;
Your right, new technology costs money.
ORIGINAL: night rider
I heard the NAVY still has wind powered ships and jet aircraft are on the horizon.
I heard the NAVY still has wind powered ships and jet aircraft are on the horizon.
ORIGINAL: night rider
Don't you think for one moment the motor company makes adequate profit to update some of their fantastic transmissions and overheated air cooled power plants?
Don't you think for one moment the motor company makes adequate profit to update some of their fantastic transmissions and overheated air cooled power plants?
The company is selling what their base is asking for. They have a product that is being asked for. Hello?
ORIGINAL: night rider
Good thing you have a new one in the garage, just don't try to sell it.
Good thing you have a new one in the garage, just don't try to sell it.
If you’re in most of north America it would be impossible to use one as a daily driver.
So if you own a toy, why would you worry about selling it?
ORIGINAL: night rider
Maybe your the exception with the big income butmany of us average wage earners still expect an up to date advancement in improvement which should be ongoing.
Maybe your the exception with the big income butmany of us average wage earners still expect an up to date advancement in improvement which should be ongoing.
If you’re thought process was a MASS thought process, then the MOCO will change. Until then...
ORIGINAL: night rider
When I was in the Marine Corps we got the Navy leftovers. Times have changed . The days of MSRP for Harley are in the past. You want an eye opener.... bring your bike to the dealer for a trade price. That two minute conversation will explain the value of their product.
When I was in the Marine Corps we got the Navy leftovers. Times have changed . The days of MSRP for Harley are in the past. You want an eye opener.... bring your bike to the dealer for a trade price. That two minute conversation will explain the value of their product.
And yes times have changed. The USMC doesn’t get Navy leftovers anymore.
And just so you understand about me and my work/income position. I joined the Navy at 17 years old. You know the military where the media (the one you’re listening to telling you the sky is falling) says we are all losers? From a broken home. I left high school early i.e. I dropped out. I was an Aviation Boatswain's Mate, Catapults and Arresting Gear. You know the guys who do that dangerous stuff cause no one else will? The stuff that’s hard work? You'd suck a crank for an 18 hour day?
I worked harder and longer than anyone else around me just to shine. And eventually made allot more rank than I ever dreamed possible. I did what I had to do to be successful.
When I got out to the civilian industry I figured, I'll try the same thing. What can I loose?
Amazing!
Doing what you have to do to be successful.
Not coming home every night having a beer and complaining about how bad it is.
Or how bad the MOCO is.
Can you do better?
There is always an opening for a new bike on the market, just read these posts.
Road Captain
Joined: Jun 2006
Posts: 545
Likes: 5
From: North West PA
RE: HD cancels orders, lays off workers...shutdowns coming
I can appreciate what Mayor Bloomberg said the other day. "At least the next person in the White House will be an adult." Talk about summing it up in one sentence. The MOCO is suffering from the trickle down job export syndrome.