Skewering of Leftist Economic "Conventional Wisdom"

[CarlV]

MILWAUKEE — Harley-Davidson's sales fell sharply in 2017 and the company will move ahead with a plan to consolidate manufacturing operations, including the closure of its Kansas City, Mo. plant.
The world's largest maker of heavyweight motorcycles has struggled to reverse a four-year sales slide, with growth overseas somewhat helping offset a decline in the U.S. bike market.
The Milwaukee-based company said its net income fell 82% in its fiscal fourth quarter to $8.3 million, compared with a year earlier. Earnings per share were 5 cents, down from 27 cents a year earlier. Revenue was $1.23 billion, up from $1.11 billion.
The earnings drop came in part because of a charge associated with President Trump's tax cut and a $29.4 million charge for a voluntary product recall.
Harley-Davidson worldwide retail motorcycle sales fell 6.7% in 2017 compared to 2016. The company's U.S. sales fell 8.5% and international sales were down 3.9%.
Harley has taken steps to counter what's been a prolonged downturn, including tightening motorcycle inventories.
https://www.usatoday.com/story/money...ll/1078008001/

Nice tax cut, now KC Harley employees pay less than the Coke Bros.

[Dondilion]

Originally Posted by CarlV

Nice tax cut, now KC Harley employees pay less than the Coke Bros.

Harley has a big problem: The amount of young people needed for long term profitability is not there.
Harley is a Boomers game.

[Pio1980]

Originally Posted by Dondilion

Harley has a big problem: The amount of young people needed for long term profitability is not there.
Harley is a Boomers game.

As a rider, HD's most valuable admirable asset is it's dealer network. They are working on their product lineup to move forward, but I'm riding an Indian Scout as the best fit for me at this stage of my life.