Have you ever read such gold-plated BS as that HD idiot's driveling about 'leveraging" and "playing up our unique heritage" or whatever the fock that moron was saying?"Buell revenue was $134.9 million in 2008 and $59.4 million in 2009 year-to-date. Capital expenditures related to Buell were $6.6 million in 2008 and $3.8 million September year-to-date."
"Well, we just figgerd, 'what the hey - we hate the fukkers anyway - just git fukkin' rid of them rice-wannabe-fukkin' Bools'............"
Harley didn't calculate savings before killing Buell, hopes business as usual leads to financial recovery - Hell For Leather
F*ck, it's worse than I thought.Have you ever read such gold-plated BS as that HD idiot's driveling about 'leveraging" and "playing up our unique heritage" or whatever the fock that moron was saying?
I like that banker's comment about HD selling Hondas.
HD Credit (Eaglemark) would regularly buy paper on people with credit scores in the middle 500s. Well, defaults killed them. Defaults killed Buell and MV actually, but you get the point.F*ck, it's worse than I thought.
I (almost) completely agree with HFL.
I wouldn't take H-D's financial reporting as gospel, but it indicates that Buell was a minor problem at worst. H-D is getting killed by its financing division and flagging sales of H-D motorcycles and merchandise, not Buell and MV.
They have no cash, other than what they've borrowed. (What the f*ck did they do with it the last 20 years?) They can't afford to support three brands, so they're shoring up the most valuable one, even though it's probably suffering the most. No brainer, really, at least for the short term.
They better hope that the economy rebounds relatively soon and there core customers start buying bikes again or they're in deep ****e. They don't seem to have the resources to do much else.