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Old 04-26-2010, 01:19 PM   #1
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Default Industry Sales down 23% in Q1 2010


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Industry Sales down 23% in Q1 2010

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Old 04-26-2010, 04:11 PM   #2
acecycleins
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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.
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Old 04-26-2010, 04:17 PM   #3
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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."
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Old 04-26-2010, 04:32 PM   #4
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Quote:
Originally Posted by Dr_Sprocket View Post
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......
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Old 04-26-2010, 06:27 PM   #5
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Quote:
Originally Posted by Dr_Sprocket View Post
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."
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.
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Old 04-26-2010, 10:27 PM   #6
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So sales actually improved 12% over the same period last year, right?
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Old 04-27-2010, 08:23 AM   #7
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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....
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Old 04-27-2010, 08:48 PM   #8
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Quote:
Originally Posted by sarnali2 View Post
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
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Old 04-28-2010, 10:12 AM   #9
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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.
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Old 04-28-2010, 10:19 AM   #10
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Bring back the pushrod C-200 Honda! That will boost industry! Just look what it has done for China!
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