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Posts Tagged ‘George W Bush’

In what seems like the year of voting…I’ve been debating with myself over the last couple days whether or not I should write this post and then I saw some news on Harley sales. Obviously, I outvoted myself and wrote it!

This week the Pope is in Washington, DC., and since the Catholic Church is partly based on symbolism, it’s only fitting that one of America’s most iconic rides – the Harley motorcade – be symbolized too. As thousands of people greet Pope Benedict XVI and he’s schmoozed by President George W. Bush – the Police “Motorcycle Team” always stands ready as a precision motorcycle-cade team made up of officers from all the various Enforcement Groups there to Protect and Serve the dignitaries.  Canada has a similar team.

Given all the symbolism, I found it so very ironic that Harley Davidson decides today is the perfect time to announce that it will cut its work force by 8 percent and trim bike shipments by thousands since domestic sales fell nearly 13 percent in Q1.  These announced layoffs are dramatic and the first of this magnitude in 20+ years! 

It’s no surprise that Harley CEO Jim Ziemer might have something to say about the difficult economy…ya, think Jim?  Could that housing market implosion have anything to do with people no longer pulling equity out of their homes to finance Harley’s over priced “Surrender Your Inner Badness” or “March Badness” hype?!!  Two carnies and a pygmy pony could stomp out better marketing slogans than that.

I’m not sure about you, but I think a new $21K motorcycle (plus another $5K to make it run “nice”) is something people think twice or three times about.  I’ve blogged about arrogant dealers in the past who think people fall over themselves to spend that kind of cash, but with that easy equity cash bucket from the house gone, I think people will either hold on to their current bike for a little while longer or just wait out the “R” (recession thrash-n-crash) until the economy warm up a bit.

I read in several reports that Harley-Davidson has approx 5,600 production workers and 3,500 non-production workers.  Eight percent is approx 800 people impacted by this “downsize” decision and I truly feel sorry for each and every one of those cuts.  I work in an industry that routinely whacks-n-hacks a few thousand heads before morning smoke break so, I know the feeling….

It’s a difficult economic time my friends, but hang in there.

 

Photo courtesy of Philliefan99

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