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HD cancels orders, lays off workers...shutdowns coming

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Old Apr 18, 2008 | 12:11 AM
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Default HD cancels orders, lays off workers...shutdowns coming

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?
 
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Old Apr 18, 2008 | 12:13 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

HOORAY! Let the price slashing begin!
 
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Old Apr 18, 2008 | 12:14 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

http://www.businessweek.com/investor...ndex_investing
 
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Old Apr 18, 2008 | 12:20 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

Hey Yo, you working hard tonight running those boilers/heaters? I'm in the middle of 7 shifts in a row! [:'(]
 
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Old Apr 18, 2008 | 12:29 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

ORIGINAL: JonnyD

HOORAY! Let the price slashing begin!
I would think the opposite. Less supply+same demand = higher prices, not lower

Worst case scenario is that demand goes down and supply matches it. That equates to no change at all in price.

Dave
 
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Old Apr 18, 2008 | 12:47 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

JohnnyD....

We got the word today that our new hire just got orders to Iraq.........I suffered(enjoyed) 6 months overtime waiting to hire him...now that he is hired I get 12-18 months overtime while he plays in the sand....I want a VACATION!

I'm sick of overtime! I broke 100K in 2007 and the IRS gave it all to single moms who will never clean my house or cook for me!......I wish we would hire an illegal so I can get some time off!

All I do is work and buy parts...come home and screw them on, then go back to work......I need time to ride to distant places...

My life sucks....I make big bucks, then spend it on chrome thatI install and polish at work.....I have to hire my grass cut and my laundry washed cause I'm always at work............

 
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Old Apr 18, 2008 | 12:51 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

ORIGINAL: Shoe

ORIGINAL: JonnyD

HOORAY! Let the price slashing begin!
I would think the opposite. Less supply+same demand = higher prices, not lower

Worst case scenario is that demand goes down and supply matches it. That equates to no change at all in price.

Dave
Are you just trying to rain on our parade? Somethings gotta give..... Everyone thinks the Harley legend will roll on no matter how bad the economy gets. I've posted similar articles recently and everyone just snubs there noses and thinks it's all b.s. and Harley will never suffer. I say, EVERYONE will suffer in this downturn in the economy. Don't ask a saleman at a dealer, they will always tell you "everythings great" and which color do you want. I just think it's time they lowered the prices on all there "made in Taiwan' parts........[:'(]
Does anyone remember when Harley would give you full price on a trade in foryour used bike? My buddy did it in the late 80's. Now your lucky to get 1/2.[&:]
AMF bailout?
 
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Old Apr 18, 2008 | 12:57 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

JohnnyD, we are in tune

I too have stated here that we are in a serious recession and many here responded that all was cool andI was full of crap.

I'm glad I made good investments last 15 years....And I'm glad I stocked away firewood and other nice to have consumablesnow that things are really starting to suck.
 
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Old Apr 18, 2008 | 12:57 AM
  #9  
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Default RE: HD cancels orders, lays off workers...shutdowns coming

ORIGINAL: YodaddyKeith

JohnnyD....

We got the word today that our new hire just got orders to Iraq.........I suffered(enjoyed) 6 months overtime waiting to hire him...now that he is hired I get 12-18 months overtime while he plays in the sand....I want a VACATION!

I'm sick of overtime! I broke 100K in 2007 and the IRS gave it all to single moms who will never clean my house or cook for me!......I wish we would hire an illegal so I can get some time off!

All I do is work and buy parts...come home and screw them on, then go back to work......I need time to ride to distant places...

My life sucks....I make big bucks, then spend it on chrome thatI install and polish at work.....I have to hire my grass cut and my laundry washed cause I'm always at work............

Don't complain to much, or an Iraqi will be the one with your job[:@]. I just make overtime to give to my kids [&:]We have a guy here out on an injury , who just happens to ride a Harley, and is off every year with injuries, about this time, for a month or so HMMMMMMM....... Our contract is up in a few weeks, so I may need a job[&o]
 
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Old Apr 18, 2008 | 01:01 AM
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Default RE: HD cancels orders, lays off workers...shutdowns coming

Contract?.....You need stability!

I'm working on my 4th retirement check.......it's almost in the bank.
 
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