No need to get hot under the collar!Well there you have it folks. All the reports of poor sales and layoffs the past 5 years has been all fake news. Harley is alive and well. Nothing to see here. Sales didn't really drop 27% in the last quarter. Hog stock hasn't really dropped from $60 to $15 in the last 5 years. It's all a conspiracy. The reports of big layoffs are all a lie. The last 238 posts has all been wasted bandwidth. If you want the truth, ask the dealers. They will never lie to you.
Nobody is saying what you think. It is just that some of us are hopeful and not necessarily bowled-over with the great news that another publicly traded major American firm might be on the rocks.
I don't think we should just celebrate that possibility, or give up hope that it is a slump, that may eventually be overcome. Unless you're happy about tough times, regardless of who suffers. In that case, I remind you that we are Americans who ride Goldwings. Any iconic American company that fails is no need to celebrate.
But a couple of possibilities, before you throw another shovel load of dirt on The Motor Company ( he may still be breathing, Doctor):
1. Reports of an uptick in sales from the field can change any board members view, and thus, their investment decisions. Fake or not, I still remember when G.M. shares dipped to a few dollars per share. In the '70's, Mobil invested in Montgomery Wards. People were asking, where will Mobil find oil in the aisles of a Wards store? But their good times didn't last. Mobil divested and sold out to private investors. Wards has since perished, but so has Sears and others. The rest are in trouble.
Much the same as AMF thought they squeezed all the goodie out of old Harley. Sold to a young designer who was related to one of the founders, and a small group of true believers with money. Had to put the dirt shovel down,then. This is all the same stuff you hear on Wall Street all of the time.
If Harley goes down, others WILL follow. Is a scorched earth what you want for the whole industry? It might happen, so don't be too happy!
2. Can you name any company that hasn't gone through some sort of turmoil? Before you answer with "Lexus/Toyota" or such, please bear in mind Japan's economy as a whole, has long been in a stubborn set of the doldrums, since their " Glory Days". I doubt you would say it is all Japanese Industrial management teams, who are at fault for this.
All mfg.s have had their fair share of mishap. I would hope their management team stays in the fight to survive, thus saving thousands of jobs - AND AN INDUSTRY.