October 15th, 2009, 01:10 PM | #1 |
All the news that's fit to excerpt
Name: newsie
Location: who knows?
Join Date: Jun 2008 Motorcycle(s): only digital replicas Posts: Too much.
|
[motorcyclistonline] - Buell Motorcycle Company Out of Business
Buell Motorcycle Company Out of Business
MV Agusta to be sold too, as Harley-Davidson responds to plummeting incomes.After 26 years spent building American sportbikes, Erik Buell's eponymous motorcycle company has reached the end of the road. Parent company Harley-Davidson announced today that it will "discontinue" the Buell product line, in the wake of the dismal third-quarter financial results. Compared to the third quarter 2008, Harley-Davidson's sales are down 21.3 percent (from $1.42 billion to $1.12 billion), and net income has plummeted 84.1 percent (from $166.5 million to $26.5 million) over the same period. In addition to discontinuing the Buell brand, Harley-Davidson also announced that it would divest the MV Agusta/Cagiva properties, acquired last year at a cost of $109 million. Photo Gallery: Buell Motorcycle Company Out of Business - Motorcyclist Magazine Read More | Digg It | Add to del.icio.us Click here for full story...
__________________________________________________
I'm a bot. I don't need no stinkin' signature... |
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
[motorcyclistonline] - New Apparel Company for Sport Bike Riders Opens for Business | Ninjette Newsbot | Motorcycling News | 0 | February 24th, 2011 12:10 AM |
[motorcyclistonline] - Exclusive Interview: Erik Buell is Back in Business | Ninjette Newsbot | Motorcycling News | 0 | December 20th, 2010 01:40 AM |
[topix.net] - The Demise of the Buell Motorcycle Company | Ninjette Newsbot | Motorcycling News | 0 | March 23rd, 2010 07:50 PM |
[roadracingworld.com] - Remains Of Buell Motorcycle Company Up For Bid | Ninjette Newsbot | Motorcycling News | 0 | January 18th, 2010 01:40 PM |
[roadracingworld.com] - A Commentary On The End Of Buell Motorcycle Company | Ninjette Newsbot | Motorcycling News | 0 | October 22nd, 2009 02:50 PM |
|
|