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Harley-Davidson to cut workforce Print E-mail
Written by CMG Staff on Thursday, July 16th, 2009

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With profits dropping 91 per cent in the three months from April through June, Harley-Davidson has announced plans to reduce its workforce by 1,000 people in the United States

Motorcycle shipments will also be reduced.

The company’s earnings dropped from $222.8 million U.S. to just $19.8 million in the quarter. Revenue fell to $1.15 billion, a 27 per cent drop, as sales declined.

No word from Deeley Harley-Davidson, the Canadian distributor.




Users' Comments (6)
It is sad but not unexpected. The Motor Company's aggressive expansion of production with apparently not enough analysis of consumer demand and a near sighted view of consumer demographics. How many bikes could they sell to China and India ? Obviously not enough. 
This shouldn't be a surprise when you see 2009 Bike inventories of 100 or so unsold machines per dealership, just 2 weeks before the traditional intro of 2010 models.  
Plus my personal beef of them jacking up the price 10 % in a supposed USD adjustment that only alienated me as a potential customer ... 
I say "Let the Sales Begin !"
Posted by Mr X
2009-07-16 12:44

I've talked to a couple fellows trying to sell their HD's. Both are recent models (2007 & 2008) and are supposedly priced right yet neither has had a call. Looking through the Auto Trader site I wonder what they consider "priced right" as many HD's seem priced pretty high.
Posted by Joel
2009-07-16 15:45

Why did I get a smiley face when I tried to type 2008? Ah well, one was a 2008.
Posted by joel
2009-07-16 15:46

The party's over Harley. Isn't it about time to face reality? Oh wait, no need to, since you are a US motor company, the government will throw a few billion dollars to 'save' you.
Posted by Willi
2009-07-17 06:22

After trying to talk to most of the HD dealers in Ontario, I bought a BMW. You reap what you sew.
Posted by Roadrunner
2009-07-17 08:46

Just curious if the drop in revenue was year over year or from 1st to 2nd quarter? Either way it's a huge drop but qtr to qtr can be misleading due to seasonality and sales trends.
Posted by Johnson
2009-07-17 10:51

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