SO news this morning is that Harley Davidson is in trouble.
Let's look at how HD's issues parallel those of the auto manufacturers:
Less New buyers.
Brisk used bike business
Over production
A plethora of Japanese bikes that have raided the Vtwin sector
Financing dead beats sub primers with low or no interest loans. Those dead beats aren't making their payments and the financing arm of the company is bleeding red ink.
http://articles.moneycentral.msn.com/Investing/Extra/more-troubles-for-harley-davidson.aspx
Let's look at how HD's issues parallel those of the auto manufacturers:
Less New buyers.
Brisk used bike business
Over production
A plethora of Japanese bikes that have raided the Vtwin sector
Financing dead beats sub primers with low or no interest loans. Those dead beats aren't making their payments and the financing arm of the company is bleeding red ink.
http://articles.moneycentral.msn.com/Investing/Extra/more-troubles-for-harley-davidson.aspx