Bye buy Buell....
Thread Starter
Lacks self-control
Joined: Aug 2003
Posts: 7,584
From: Birch Run, MI
Bye buy Buell....
Harley-Davidson has just announced its third-quarter results, and things aren't quite as bad as they could have been... but we'll get to that in a moment. The big bombshell is that the Buell brand is being discontinued and the American motorcycle manufacturer will sell off its share in MV Agusta.
Head on over past the jump to watch a video of an obviously emotional Erik Buell breaking the news that his namesake brand has been axed. Buell explains that HD will continue to honor the full factory warranty on his motorcycles and thanks his dealership body and loyal customers for their support over 20 years of producing offbeat American sportbikes. Roughly 180 jobs will be lost within the Buell organization and HD will also immediately begin the work of selling its recently-acquired stake in MV Agusta.
So, back to Harley's third-quarter performance. Revenue from motorcycle sales came to $803.3 million, down 22.1% compared to the the third quarter of 2008. A total of 54,236 Harley-Davidson motorcycles were shipped worldwide, down 27.4 percent. Another $300 or so million was made off apparel and merchandise sales. Full details (and the aforementioned video) can be found in the ridiculously long press release after the break.
Goodbye Buell, we'll miss you.
[Source: Harley-Davidson]
http://www.autoblog.com/2009/10/15/h...-in-mv-agusta/
Head on over past the jump to watch a video of an obviously emotional Erik Buell breaking the news that his namesake brand has been axed. Buell explains that HD will continue to honor the full factory warranty on his motorcycles and thanks his dealership body and loyal customers for their support over 20 years of producing offbeat American sportbikes. Roughly 180 jobs will be lost within the Buell organization and HD will also immediately begin the work of selling its recently-acquired stake in MV Agusta.
So, back to Harley's third-quarter performance. Revenue from motorcycle sales came to $803.3 million, down 22.1% compared to the the third quarter of 2008. A total of 54,236 Harley-Davidson motorcycles were shipped worldwide, down 27.4 percent. Another $300 or so million was made off apparel and merchandise sales. Full details (and the aforementioned video) can be found in the ridiculously long press release after the break.
Goodbye Buell, we'll miss you.
[Source: Harley-Davidson]
http://www.autoblog.com/2009/10/15/h...-in-mv-agusta/
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Joined: Sep 2008
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From: VA (Bad News)! Thanks USAF. Originally from HAWAII
Disturbed Riders
Joined: Dec 2002
Posts: 3,779
From: Flint Town, MI
Re: Bye buy Buell....
About 10 years you'll see the same thing with the last American made vehicle, by then this country will be so poor from not producing anything it won't really matter. Keep buying foreign all.........woooo hoooooo.
Registered User
Joined: Oct 2004
Posts: 378
From: dirt
Registered User
Joined: Oct 2004
Posts: 378
From: dirt
Re: Bye buy Buell....
This place is probably what Buick City used to look like in its hayday - a massive, booming industrial park where there's more jobs than workers available and every type of product imaginable being manufactured. I'm at a plant that makes automotive components for vehicles being exported to...... (you'll never guess where but try)
Thread Starter
Lacks self-control
Joined: Aug 2003
Posts: 7,584
From: Birch Run, MI
Re: Bye buy Buell....
This place is probably what Buick City used to look like in its hayday - a massive, booming industrial park where there's more jobs than workers available and every type of product imaginable being manufactured. I'm at a plant that makes automotive components for vehicles being exported to...... (you'll never guess where but try)
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