Click here to go to the home page
Home About Us Shop Newsletter Send News Tip
Custom Search
 
Follow us on Facebook Follow us on Google Plus Follow us on Linkedin Follow us on Pinterest Follow us on a RSS Feeder Follow us on Twitter Follow us on YouTube

  Click here to go to the motorcycles in the movies site

     

Harley-Davidson Hit By Slump - Cutting Jobs

23
January
2009
  Posted at 01:03:54 PM
  File under  Harley-Davidson
  Author: Mike Werner
  Location: Normandy, France

Harley-Davidson logo
After the car manufacturers got badly hit by the economic downturn, it's now the turn of the motorcycle manufacturers. Though motorcycle manufacturers are weathering the storm better than their car counterparts, Harley-Davidson's model range is expensive, compared to the Japanese and even European manufacturers. So, many consider then luxury goods, and therefore when cash runs out, you forgo your luxury.

Harley have announced a sharp drop in earning during the fourth quarter of 2008. Harley's net income fell 58% for sales downturn of 6.6%, selling only a total of US$1.29 billion.

To reduce the impact to their bottom line, Harley is closing down a plant, shedding 1,100 workers. Time to ask Obama for a bail out?

Not good!!!

Via: Reuters



Article Comments
comments powered by Disqus

Technorati :




 
frame image
 

frame image

Click here for our free
daily/weekly newsletter

Special Articles

- Riding in France
- Getting your License in France
- How to lose your license in France
- Finding cheap fuel in France
-Dreaded French Signposts Fear Not
- Renting a motorcycle in France
- Biker Friendly Hotels in France
- Motorcycle Taxis in France

- Social Media of Famous Bikers
- Electric Motorcycles List

Content Copyrighted - click to read notice



frame image
Ads by Motorbiker                           
 Jafrum–Motorcycle Gear Experts


frame image

frame image


frame image

frame image


frame image

frame image
Advertise
on this site!
Click here

  frame image

Check out my book:
Photographic visit ...
By Photographs &...
 
Disclaimer:All data and information provided on this site is for informational purposes only. Motorbiker.org makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

Privacy Policy










Admin Web Analytics