R1200RS + R1250RS Forum
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Fri Nov 15, 2024 8:38 pm (Last edited: Fri Nov 15, 2024 8:49 pm)
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Cutting production presently and stopping all production in Jan/Feb 2025, to cut costs. Article points out a big decline in worldwide motorcycle sales. |
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BMW have been offering incentives for ages over here. A friend recently bought a R1250RT at a discount. They emailed me this week with a range of offers from discounts to low rate finance including 0% on some models but I don't think are trying that hard, unlike the reductions from KTM
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https://www.motorcyclenews.com/news/2024...s-update-three/
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Fri Nov 15, 2024 9:56 pm (Last edited: Fri Nov 15, 2024 9:58 pm)
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Bajaj likely has money, I don't know about CFMOTO? The days of someone like Geely (Volvo Cars) buying and continuing a European or US Nameplate seems to be in the past. Benelli (QJ) hasn't been a resounding success over here, and Moto Morini (ZNEN) only exists in magazines (websites). Old Forum Orphan |
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Fri Nov 15, 2024 10:14 pm (Last edited: Fri Nov 15, 2024 10:15 pm)
Zitat von Mr. 36654 im Beitrag #4 Same here...they are bloated with new bikes here, and the sales manager said to me, "Why would we take a used bike when we already have too many new bikes?" At least he was honest about the situation. We'll see how they feel in a few months when consumer debt levels take an even bigger bite out of discretionary spending. Restaurants are closing, retail stores are closing and bankruptcies among small businesses keep climbing. This is the "quietest" recession I've ever seen. I think the outgoing administration would love to see the incoming one take the blame, but that may be wishful thinking. Eventually, someone's going to say the quiet part out loud. |
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The restaurant industry has been in decline since the mid-teens due to a glut of franchise operations that were dependent on cheap food. The pandemic elevated food prices, cutting profit margins and workers want actual wages, which increased operating expenses. Brick and mortar retail has been a fool's game since the advent of the internet. Grocery stores, the pharmacy and an occasional trip to the lumberyard are my only Brick & Mortar shopping experiences.
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Zitat von Mr. 36654 im Beitrag #6 similar here, although the reduction in food outlets is especially in commercial areas as fewer people are in offices. They work at least half the week from home so aren't going to KFC etc for lunch. This home working has a knock on effect on motorcycle and car sales as people are not racking up the same mileage commuting so do not need to change the vehicle as often. Food delivery services are very much a thing. People still like takeaway pizza buy have it delivered whilst they are on Zoom. The pizza kitchen is in an industrial unit not a high street shop. If they aren't ordering food from home, they are getting it in a drive thru. The enforcement during covid where delivery or drive thru were the only options seems to have embedded in culture. Some people just do not want to leave the comfort bubble of their home or car.
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Zitat von BEARR im Beitrag #7Zitat von Mr. 36654 im Beitrag #6 bzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzt drifting towards the subject that must not be mentioned...
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Zitat von wessie im Beitrag #9Zitat von BEARR im Beitrag #7Zitat von Mr. 36654 im Beitrag #6 Not my intent at all. This is more about a game of "chicken" between a Fed chair, and the so-called "bond vigilantes". I would put the odds in the favor of the vigilantes. Rates are climbing sharply, debt's at all-time highs and so are stock prices. Lowering rates to aid what by all accounts is an economy in "good shape" risks exacerbating consumers' problem - inflation. We'll see. |
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Zitat von BEARR im Beitrag #7Zitat von Mr. 36654 im Beitrag #6 Because............the Core inflation rates haven't continued to drop...........He's now cautioning against the expectation of additional near-term rate cuts. October's consumer spending was robust, so the inflation pressure is still there.
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Sat Nov 16, 2024 12:18 am (Last edited: Sat Nov 16, 2024 12:21 am)
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Zitat von BEARR im Beitrag #10Zitat von wessie im Beitrag #9Zitat von BEARR im Beitrag #7Zitat von Mr. 36654 im Beitrag #6 I am familiar with the concept. We still have not fully recovered from what Mr Soros did to us in 1992 & 2008. Not sure we need to go into the minutiae of fiscal game theory Spam goes here |
Zitat von wessie im Beitrag #12Zitat von BEARR im Beitrag #10Zitat von wessie im Beitrag #9Zitat von BEARR im Beitrag #7Zitat von Mr. 36654 im Beitrag #6 In the US, the Fed establishes monetary policy. Fiscal policy is established by the federal Budget process. The Bond market responds to both. As an example, the 42% increase in public debt before the first quarter of 2021 and the 45% increase in money supply resulted in inflation. A lot of money chasing products.............demand pull inflation
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I think KTM's main issue is the lack of the 'cash cow' motorcycle, possibly something appealing to entry-level riders.
Year-round riding enthusiast i.e. seasonal motorcycle popsicle.
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