Posted on 07/25/2018 7:03:56 AM PDT by Red Badger
When the President of the United States is an incredibly powerful and successful businessman, there literally is nowhere to hide for companies choosing to invest their resources outside of our great nation.
What President Trump lacks in political experience, he more than makes up for in business acumen, and he has brought that incredible and extraordinarily unique spin to the Oval Office with him. Originally coined the “Trump Effect”, the fact that the President is one of modern history’s most consummate and prosperous real estate developers has propelled our American economy forward in ways that we could only dream about under democratic rule.
And it’s not only a boost for those companies choosing to engage with the American workforce either. Companies who defy the United States’ ingenuity are finding themselves suffering as well.
Harley-Davidson said Tuesday that international sales of its motorcycles grew while domestic sales decreased in the second quarter, after the company angered President Trump by announcing it would shift some U.S. production overseas in response to his trade agenda.
The Milwaukee-based company reported that motorcycle sales in the U.S. dropped 6.4 percent to 46,490 for the quarter that ended on June 30, while international sales rose 0.7 percent to nearly 31,938. European sales grew 3.6 percent and Latin American sales grew 9.1 percent, while sales in Asia dropped 7.1 percent.
Total revenue dropped slightly to $1.53 billion for the quarter, as overall motorcycle sales dropped 4 percent. Net income dropped 6.3 percent to $242 million.
The Americana-centric brand’s announcement about the exporting of production irked not only the President, but a great many Americans who saw the move as downright treachery.
If Harley Davidson believes that they can simply turn this around, after offending the American people so thoroughly, they ought to have a long conversation with NFL commissioner Roger Goodell and ask him how that’s going for him.
HD is low quality, high price.
Who wants to pay the price of a mid-sized car ($27,000) for a motorcycle?
I ride BMW Adventures at that price, but I get much, much more than anything HD offers.
An HD bike should be about $14,000 at most.
Harley’s are just expensive cosplay accessories.
I heard Indian was up 10%.
There was also that stupid policy HD had for a few years where they gave full value for used HD’s traded in for new HD’s. Stupid. Stupid. Stupid.
And Norton is making a slow comeback.
The 961 engine is an American design, carried over from the previous US owner...
Oh really? I hadn't heard that! It was a beautiful bike. I have friends with a couple of Commanders.............
I visited with a new Triumph owner at a local gas station earlier this spring.
he explained the bike was powered by a three cylinder, liquid cooled, 2300 CC engine. Wow !
I don’t doubt it. They make a stunning beautiful bike!................
Millennials aren’t into riding hogs. ........................ The Brando types are getting too old now, the snow flakes aren’t into it because the bikes are too macho. The Boomers are probably at the trike and Can-Am stage now, soon to be followed by the walker. The old “wild ones” are disappearing, don’t know many over 90 still ridding. The Easy Rider generation are probably riding Honda Gold Wings. HD hypes their product alot, I was, in my yoot years, a big Indian, with fender skirts, fan. Now I ride a recliner.
That thing would fly!...................
Basically..............
Almost bought a used BMW a month or so ago at a car dealership...............
PROG-ress................
Yes the young set are not buying Harleys.
...sales in Asia dropped 7.1 percent.
It's not working..........
“Making product faster than you can sell it is not a good business model................”
Can you say “Chrysler”?
Went to the Panama City Bike Fest back in the Spring. Mostly old people dressed up like Peter Fonda and Dennis Hopper in Easy Rider................
LOL!..............
*Commando
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