Hardley's Troubles Continue

[RinconRyder]

KC plant to close. 800 jobs lost. Q4 loss blamed on voluntary recall and Trump's tax changes.

 

[DGoebel]

Yah, their stocks dropped too. Just means the Exec's gotta buy smaller islands or yachts next yeaar.

 

[Bob Denman]

Their market share has been shrinking for quite some time...:shocked:

But they still sell some of the coolest Tee-Shirts!

 

[Cruzr Joe]

Their problems are due to recalls and Indian Motorcycles, Tax change is nothing but a poor political statement. nojoke

Cruzr Joe

 

[RinconRyder]

HD is like Budweiser - terrible product but great commercials. Here is one from Scottsdale, AZ dealer:

 

[Bob Denman]

Their problems are due to recalls and Indian Motorcycles, Tax change is nothing but a poor political statement. nojoke

Cruzr Joe

:agree: The changes to the Tax Laws could do nothing but help the Company. :dontknow:

 

[Cruzr Joe]

:agree: The changes to the Tax Laws could do nothing but help the Company. :dontknow:

Exactly. :yes::yes::yes::yes:


Cruzr Joe

 

[Bob Denman]

Hi Joe!
When are you picking up your 2018?

 

[RinconRyder]

Their problems are due to recalls and Indian Motorcycles, Tax change is nothing but a poor political statement. nojoke

Cruzr Joe

That quote came from HD's own CEO.

 

[johnsimion]

:agree: The changes to the Tax Laws could do nothing but help the Company. :dontknow:

I'm sure you've read every page of the new tax reform act and are MUCH better versed in its details than the CEO of Harley and all his tax accountants. After all, the tax bill is only 429 pages long, single-spaced. For the rest of us who don't believe in oversimplifying complicated things, here is the actual tax bill: https://www.nytimes.com/interactive/2017/11/02/us/politics/document-Read-the-G-O-P-Tax-Bill.html

 

[ARtraveler]

HD is like Budweiser - terrible product but great commercials. Here is one from Scottsdale, AZ dealer:

Great commercial. :bowdown::bowdown: :firstplace::firstplace: In over 50 years, I have never been tempted by the brand. When they came out with Tri Glide (2010) I will admit to visiting the local dealer. Was really impressed with all the bikes, and gear up the gazoo. Sat on the TG, and I became hooked on the :spyder: RTS. When we started the engine--I was even more impressed with the RT.

Have had many assorted two wheelers and 5 assorted :spyder2::spyder2:'s. Every one was more advanced (IMO) than the HD's. All my $30K bikes were :ani29::ani29:'s.

Most have to admit, they build some of the best 1950's bikes that there are. :yes:

 

[Bob Denman]

I've always kind of liked the looks of their bikes...



...But not the functionality of them. pps:

 

[Easy Rider]

:agree: The changes to the Tax Laws could do nothing but help the Company. :dontknow:

It helps the OWNERS of the company.

Greatly accelerated depreciation makes the balance sheet look TERRIBLE when it is first implemented.

 

[ARtraveler]

It helps the OWNERS of the company.

Greatly accelerated depreciation makes the balance sheet look TERRIBLE when it is first implemented.

But...it saves on taxes because of more expense to the bottom line. Depreciation is a companies friend. That is why the Feds have had a limit on how much could be taken yearly.

 

[RinconRyder]

I am not alone. Like H-D, Budweiser has been losing market share for several years now. Now down to #4 in popularity.

https://www.usatoday.com/story/mone...alls-top-three-u-s-beer-favorites/1057374001/

J. Panther Pilsner would be so proud!

 

[BlueBayou]

https://www.msn.com/en-us/autos/mot...o-close/ar-BBItTW5?li=BBmkt5R&ocid=spartandhp

Article says lower sales is reason for closure and never mentions new tax law. Maybe by going electric they will be able to dominate a newer (green) market.

 

[Cruzr Joe]

Hi Joe!
When are you picking up your 2018?

I am still waiting for that sucker to hit the dealer. :dontknow::dontknow::dontknow::dontknow:


Cruzr Joe

 

[UtahPete]

HD is like Budweiser - terrible product but great commercials. Here is one from Scottsdale, AZ dealer:

That's a great commercial, as in fun to watch. Doesn't make me want to buy one though.

 

[Chupaca]

Sad....

But it has been coming for some time. They have had their ups and downs, sold, swaped, traded etc :roflblack: but have always been there in some form or another. Not a fan and never have been. Never worked on them in any of the shops other that change tires but they will still be around...:thumbup:

 

[RinconRyder]

https://www.msn.com/en-us/autos/mot...o-close/ar-BBItTW5?li=BBmkt5R&ocid=spartandhp

Article says lower sales is reason for closure and never mentions new tax law. Maybe by going electric they will be able to dominate a newer (green) market.

You didn't look hard enough:

https://www.usatoday.com/story/money/cars/2018/01/30/harley-davidson-kansas-city-plant-motorcycle-sales-fall/1078008001/

Electric? Do think the same customers who wouldn't buy the water-cooled Hardley would pony up big bucks for a bike that didn't offend everyone with its loud exhaust?