pauldun170
Diamond Member
- Sep 26, 2011
- 9,142
- 5,089
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I think its established that the talking points generated by the GOP to sell the tax plan to voters was filled with horseshit.
Lets toss aside the sales pitch for a second and look at Harley.
They have been facing declining sales for 4 years now. There stock hasn't been exactly top of the charts.
They made plans to close factories and consolidate because there isn't enough volume to justify otherwise.
Stock buyback helps them position themselves as they work through development of electric motorcycles and covering their overseas expansion.
Sales are declining stateside but there are some opportunities overseas.
Using the perks of tax cuts to prop up a shitty structure + poor sales makes no sense long term.
Lets toss aside the sales pitch for a second and look at Harley.
They have been facing declining sales for 4 years now. There stock hasn't been exactly top of the charts.
They made plans to close factories and consolidate because there isn't enough volume to justify otherwise.
Stock buyback helps them position themselves as they work through development of electric motorcycles and covering their overseas expansion.
Sales are declining stateside but there are some opportunities overseas.
Using the perks of tax cuts to prop up a shitty structure + poor sales makes no sense long term.
The company will cut 800 jobs at the Kansas City plant when it closes by the fall of 2019 and says it expects to add 450 full-time, casual, and contractor positions in its York facility — a net loss of 350 jobs.
The median household income in York is much lower than in Kansas City, and Tate said that hiring a casual workforce there — temporary workers brought in to boost production during peak season — will be easier and cheaper for Harley.
“This is a decision we did not take lightly,” Harley said in a statement. “The Kansas City plant has been assembling Harley-Davidson motorcycles since 1997, and our employees will leave a great legacy of quality, price, and manufacturing leadership. We are grateful to them and the Kansas City community for their many years of support and their service to our dealers and our riders.”
