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Old 05-26-2018, 03:55 PM
 
Location: Southwest
1,533 posts, read 942,922 times
Reputation: 1079

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Quote:
Originally Posted by Dd714 View Post
And the real news without the nonsensical political spin (and you guys know better to go that route in this forum):

Harley has sadly been in a state of financial trouble for about a decade as the baby boomers move from motorcycles to wheelchairs. And a Harley is not something goes out and buys with a tax break, most of their previous customers were already moderately wealthy. By 2010 they had already closed several factories and cut about 25% of it's workforce. They still have it's main factory in Wisconsin, and also in York, PA and many of those job losses in KC will be shifted to York.
They also been international for quite awhile - with factories in both Brazil and India.



Any financial trouble now may be minor compared to the future for the reasons you mention above. HD's success in the past 20 years, if not longer, was due to good economic times and HD being somewhat of a fad for older people who didn't have a life long interest in motorcycle riding.





Quote:
Originally Posted by City Guy997S View Post
I think by last years count they sold 241,000 of them......

They are up against an aging buyer problem though.



One year I think the sold over 350,000 of them. It's possible they will fall to below 100,000 units sold per year in the not too distant future.
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Old 05-26-2018, 06:13 PM
 
3,070 posts, read 1,626,098 times
Reputation: 7974
They should be investing their tax savings in self driving technology. After all, the consensus is that ALL vehicles will be self-driving for maximum benefit in the near future, and last I heard motorcycles are vehicles.

Or the people predicting an end to people-driven vehicles any time soon are off the deep end.

You decide.
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Old 05-27-2018, 10:47 AM
 
11,564 posts, read 17,501,153 times
Reputation: 17211
Quote:
Originally Posted by don1945 View Post
Yep, that is fact number one, and fact number two is that trickle down economics has failed every time it was attempted. Harley knew they were getting a tax break, and instead of using that money to invest in their company here, they took the easy route.

No, it isn't "#1", or 2 or 3 or 4....
If you only read the biased OPs article, I can excuse your ignorance. But i'm amazed that you apparently read all the responses here about HD's financial situation and the impact to changing demographics as well as the decisions that were made BEFORE the tax breaks, etc...since you are obviously responding to post, and yet feel compelled to respond to the one post that has absolutely no relevance to this issue.

Edit - Oh I see, you reside in the cesspool forum called P&C usually. Explains everything...I suggest you return there.

Last edited by Dd714; 05-27-2018 at 11:14 AM..
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Old 05-27-2018, 10:51 AM
 
11,564 posts, read 17,501,153 times
Reputation: 17211
Quote:
Originally Posted by rugrats2001 View Post
They should be investing their tax savings in self driving technology. After all, the consensus is that ALL vehicles will be self-driving for maximum benefit in the near future, and last I heard motorcycles are vehicles.

Or the people predicting an end to people-driven vehicles any time soon are off the deep end.

You decide.
That may indeed be the future but the concept of "self driving" motorcycles is contrary to the whole reason on why a customer wants to own a Harley. Other vehicles yes, but not a Harley.
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Old 05-28-2018, 09:42 AM
 
Location: Boston
5,097 posts, read 1,457,239 times
Reputation: 3734
HD has had declining sales for 4 years. That's why they closed. This has nothing to do with tax cuts.
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Old 05-28-2018, 09:47 AM
 
Location: Delaware County, PA
2,374 posts, read 2,083,657 times
Reputation: 3997
Quote:
Originally Posted by Hulsker 1856 View Post
Probably the 100,000 or so people who buy Harley's every year who aren't Americans.

Anyone who thought the tax-cut-for-the-wealthy was ever going to benefit anyone but the already-wealthy, CEOs, and stockholders, is beyond gullible.
Same goes for those who constantly vote for pro-business politicians thinking they're for the working class citizenry. Electing them has no benefits for the working class.
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Old 05-28-2018, 10:07 AM
 
9,312 posts, read 11,148,519 times
Reputation: 12472
Quote:
Originally Posted by curiousgeorge5 View Post
Any financial trouble now may be minor compared to the future for the reasons you mention above. HD's success in the past 20 years, if not longer, was due to good economic times and HD being somewhat of a fad for older people who didn't have a life long interest in motorcycle riding.

One year I think the sold over 350,000 of them. It's possible they will fall to below 100,000 units sold per year in the not too distant future.
Harley’s problem isn't a simple matter of shifting loyalties to other brands. Sales have been declining for the last three years, partly because an aging rider population is shrinking Harley’s core customer base.
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Old 05-28-2018, 03:51 PM
 
285 posts, read 176,286 times
Reputation: 394
Quote:
Originally Posted by Hulsker 1856 View Post
Probably the 100,000 or so people who buy Harley's every year who aren't Americans.

Anyone who thought the tax-cut-for-the-wealthy was ever going to benefit anyone but the already-wealthy, CEOs, and stockholders, is beyond gullible.
I'm in none of those categories but the tax cuts are going to benefit me and almost everyone I know.
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Old 05-31-2018, 04:49 PM
 
Location: Upstate NY
30,408 posts, read 9,092,686 times
Reputation: 28951
Stop it. HD did the same thing before the tax cuts, when they added operations in Brazil and India.

The fact is, the U.S. market for Harleys is dying. There IS a market in Thailand, and moving assembly operations there circumvents their draconian 60% tax.
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Old 06-06-2018, 11:29 AM
 
4,385 posts, read 2,921,994 times
Reputation: 4201
The other issue with Harley Davidson is that Kawasaki, Honda, Suzuki, and Yamaha have mimicked the Harley Davidson cruiser successfully. You also have a cruiser available that doesn't rattle the fillings out of your teeth either. Consumers decided they didn't want to pay a premium and get less of a bike compared to the competitors.
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