These days, if a company – especially a U.S.-based manufacturer of motor vehicles – is still making money, it’s a miracle. That’s why Harley-Davidson’s First Quarter 2009 revenue report is pretty positive, despite showing a 12-percent drop in global sales and a 38-percent drop in new profits compared to the first quarter of 2008. After all, $117.3 million in profits is $117.3 million in profits. Still, H-D’s CEO Jim Ziemer (about to be replaced by incoming president and CEO Keith Wardell) recognizes that the company will struggle in the tough times ahead, and outlined the necessary strategy to weather the continuing storm…Â Details
Archive for the ‘Motorcycle’ Category
In the following interview, AMA President and CEO Rob Dingman speaks out about the dispute that has arisen with the American Historic Racing Motorcycle Association (AHRMA) and the future of that organization’s role at AMA Vintage Motorcycle Days.
AmericanMotorcyclist.com (AM): AHRMA has been posting on its website statements regarding a vaguely defined “dispute” over its sanctioning agreement with the AMA, the most recent being on April 15. These statements have led to a number of rumors that AHRMA will not be involved with this year’s AMA Vintage Motorcycle Day at Mid-Ohio Sports Car Course in Lexington, Ohio. Can you tell AMA members and our readers what the fuss is all about? … Details