Closing down in April seemingly
Hmm. In the latest CH group statement up to Dec '23 - significant profit drop 2022-23. Comments around increase in cost-of-labour (in 2023 so before latest increases) and cash flow forecasts indicating "severe but plausible downsides" so perhaps a bit of consolidation and cutting out less well performing bits of the group? They seem to have history on this - eg getting out of the MB truck maintenance business. Perhaps the startup costs of 4 new car dealerships has also continued to bite them and as you say if HD are being a bit difficult, or the sales figures aren't good, then they look like they're taking action to support the group. The 2024 accounts would be interesting to see.Just been through the accounts of the parent company.. sound, well run business it seems - profitable.
Looks like Harley are making things difficult- and the parent co cannot support a loss leader.
I'll await a Chinese Harley & IndianMore to follow …..
Selling legacy brand motorcycles to an ever ageing demographic is UNSUSTAINABLE
Move over and let the Chinese brands in ….& dominate
I didn't know tbh.My RKS was built in Thailand…. That’s close enough
They’re owned by Eastern Western Group in Edinburgh with supposedly quite deep pockets. If they fold their HD franchise, God help the rest of them. I bought my Fatboy thereI wonder what the impact will be on Thunder in the Glens as they are, as far as I know, the main sponsor.
Maybe West Coast will step in. Hope someone keeps supporting it.