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Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,863
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Harley has been cutting costs hard in past year, after a year in denial. They've reduced mfg capacity, laid off workers, now getting rid of money-losing businesses. Stock went from $70 to $12, net debt from zero to $3.6BN, sales are only down 10% from peak but profit is down by over 1/3. Heavyweight motorcycle market is weak, Victory also feeling it. Buell is nothing, financially speaking, sales $100MM/yr, barely 1/3 of what Harley sells in "Harley"-branded clothes and other merchandise. I don't have Buell profit info but I doubt it has ever made any meaningful money for Harley.
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
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