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Industry Sales down 23% in Q1 2010
 

Original Article:
Industry Sales down 23% in Q1 2010

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I'm running out of operating capital. This isn't helping. I'll be working for free by summer at this rate.

It takes balls to spin a story like that.

Executive: "Ahem. We're down 23% this quarter, as compared to the same time last year. The good news is that we were down 35% last year at this time."

Employee: "So that means that we are down 23% on 35%, which would mean we're down even more than before. Right?"

Executive: "Uhhhh... well... we are down less than before, and that's the important point."

Dude, YOU are one Wild and-a CRAy-zEE Guy! I laughed loud-enough someone poked their head in my Office to see what's up!

You'd owe me a new keyboard, too - if it didn't have one of those "protective keyboard-condom thingies" to prevent transmission of dust, spit-takes, and virii through the interstices of the buttons......

You noticed that eh? As soon as I read this people were asking me what I was laughing about. Talk about Spin City. These guys have a career in politics waiting.

Oops. Was it wrong for me to mention politics outside of the R&P forum? I'm not sure how to deal with the new regime.

So sales actually improved 12% over the same period last year, right?

48% of dealers surveyed, representing 79% of manufacturers reported 30% drops in sales in addition to the 35% and 37% respectively for the 3rd 1/4 of 2008 to the 1/4 of 2010. Of the 11% not reporting 75% reported a drop of 96% overall but an increase of 4% in 4th 1/4 profits in 2009 in addition to a 26% increase in accessories, so yes....a 12% increase....

from the article "This suggests things are beginning to turn around for the industry. "


LOL

So all this means is the rate of decline has slowed a bit, but we're still declining. I mean down 23% from what was already an awful result is pretty bad in my eyes.

Bring back the pushrod C-200 Honda! That will boost industry! Just look what it has done for China!