Yep- just read it myself a moment ago. In the insurance industry we call them American Low-Volume Motorcycle Companies. They will be dropping like flies throughout the year. AI is just the first. I expect the levy to break around June. By years end we should see 5 big manufacturers disappear. In the end, Big Dog will survive, but Viper, Swift and several others will quit the business.Looks like American Iron Horse is taking a big hit in the current economy. I imagine that all the clones may be close to this position.
American Ironhorse to File Chapter 11 - MotorcycleUSA.com
.... taptaptaptapTAPTAP....SMASH....POUND.....BANG...Well, they were profiting from what Harley couldn't supply. Now that supply has more than caught up with demand, the imitators will be down for the count. Anyone could have predicted this.
These things will be flooding the used classifieds in a few years for $3K-5K. As HD imitations they won't pull squat in resale. Poorly designed, crappy running gear, flexy-flyer frames..... they aren't even suitable for going to the corner store to buy a quart of milk. And despite being called "custom" one is pretty much the same as the next. Terrible tourers, can't handle and slow. No replacement parts for anything except the clone engine.As soon as they started putting "builders" on TV they should have sold out, took the money and run. Serves them right.
Not a whole heluva lotta choice though, dontcha think? Too-much tied up in Indian to let it go now. If they sold the assets and got top-dollar, it would be like GM's situation - not even close to covering what's owed (but on a vastly smaller scale!)I'm wondering what Stellican is thinking about it's investment in Indian these days. They've put off their new/old model until late 08 early 09 time frame. From what I've read they're moving ahead with production. Hell of time to try and launch a new bike. With Indian's history I can't see a lot of people taking a chance again.
I don't know why I'm bothering, but:American cruiser guys gloating over the demise of the American small scale cruiser industry? Is this pathetic or what. Hee-haw.
The Avanti is one of the prettiest cars ever made! Plus, you can easily mount a propeller or drill bit on the front of the others...and to top it off some guy in Kenosha is trying to resurect the Studebaker. Give me a car with a prop spinner nose-cone! Or one that looks like it going backwards when it's going forwards. Or not at all....wtf...