Suzuki shop rumours.

[Morcs]

an extremely well known racer is in the shit too. His finance company did everything through GE.

[Swoop]

Might have to check out the jumbo bin out the back of the suzuki dealers...
Might be some gsxr bikes in them.

I guess it will cut out the middle man.

[Racing Dave]

On the bright side, a NEW Suzuki dealer will open soon in Chch, supposedly by Xmas, but I think January. Avon City Suzuki, at the Sockburn roundabout. A subset of the Ford dealership at the same address.

[Brian d marge]

Like I said, welcome to what happens when easy credit is withdrawn from the system.

Wealth only comes from genuine value creation. Grow food, mine metals, manufacture useful things. The further you are from such activities, the less surprised you should be if your income occasionally evaporates.

And it behooves every employee to examine the commercial viability of companies they decide to work for.



But Helen said it was a Knowledge economy,,,, So I bought 24 000 Dollars worth on the understanding it would get me a high paying Job !

Still Motorcycles are a necessitous , So Ill be ok ....Wouldn't mind living in Geraldine though

Stephen

[SPman]

Just back from a week or so in Las Vegas. Bike dealerships are falling over there at a steady rate, apparently,....around half the bike shops have closed up......except the local Harley dealership....and they have some good deals going

[raftn]

Thats great.........if you want to buy a tractor.

[SPman]

The nearest roads we found with anything approaching decent sinuous corners was 100 miles north, going over the pass out of Death Valley. In that environment, tractors = good.

[Elysium]

How can a liquidation be unexpected? That simpy says whoever is running the business isn't running it at all, least of all the books.

When the staff turned up to work to find they were locked out and no idea why.

[ckai]

If you've been running a business for a few years and you're getting in the shit now, you shouldn't be in business since you were only riding a wave. If you thought the good times were always going to be around, then sorry, but you were doomed to fail. You should have planned for the inevitable (sp?)

90% of business going belly up is poor management. The other 10% is unforseen stuff like, contracts being pulled without prior warning or really crap stuff like fires wiping you out.

I agree that now things will start becoming more realistic in terms of prices, and it's a good thing, but it's a shame it costs peoples jobs. You should always run your business for your staff.

[danchop]

picture 10 nice new bikes in a shop say being worth $200grand, how many bike shops can afford that cash outlay upfront, now that some(suzuki dealers)cant finance them to buy them to sell or display,dealers now will not like trading in your old one unless its a quick easy sell
this is how it used to roughly work,dealer buys bike off the importer through a finance company,the dealer has 3 months to sell before that finance company starts charging the dealer interest on the wholesale price,some dealers got into trouble with this in good times but in these times the finance companies have pulled the pin on the risk to them

[Forest]

Just back from a week or so in Las Vegas. Bike dealerships are falling over there at a steady rate, apparently,....around half the bike shops have closed up......except the local Harley dealership....and they have some good deals going

Is that pink Buell a factory paint job?

[wickle]

Its surprise;s me how many so called "BUSINESS Expects" are on this site, if you are all so good you should get together and buy/takeover one of these failing bike shops. An old freind once told me that when in busineess
" If you are doing well experts say you are ripping evevyone off." When things are not so good you are a fool and dont know what you are doing.!
Regretfully in todays world NO_ONE whats to pay full retail price but what is full retail price.

[ducatijim]

I just blew coffee out my nose.

.....ha ha ha....and I red wine outa mine!!!!!!...he..he....he...................

[Ocean1]

Just back from a week or so in Las Vegas.

Thought that accent sounded familiar, it was you skinnydipping in the fountain at the Ballagio wasn't it?

except the local Harley dealership....and they have some good deals going

Yeah, I saw a few too, no bikes, just HD "accessories".

Didn't bother looking inside after the third one.

Is that pink Buell a factory paint job?

Y'know, I think it might be. It's all plastic, very difficult to paint. Also, I've seen an XB that colour here...

[dpex]

O RLY?

All I see is interest rates and commodity prices becoming sensible again.

Yup, J. You're right. It's nothing more than a market 'correction'. A few will lose their high-paying jobs, another few will lose their low-paying jobs. A few will go broke; many, with foresight will not.

Life is the freedom to choose our own course. Plato knew it and stated it, Rand repeated it. Many ignore it because they believe they have some 'given' right to survive, despite their own inability, on account of OSH, or the Human Rights Commission, or God, or some fucker says they have.

Welcome to the real world where the big fish shit on the little fish, and unless the little fish are quick they get covered in shit.

This market 'correction' will be quite small compared to what it should be.

The global financial world is in way worse condition than it was in 1914. But in those days the solution to global economic decline was to start a good old war. Focused everyone on the matter in hand.

Sadly, the option of a world war is no longer available due to technical ability of the super-powers.

So what will they come up with to bring the common man into common focus?

I think the smart boys will devise some sort of major, but local issue, in many lands.

CIA-funded terrorism tops the tree for me. The bastards have to find some way to take the minds of the public off the real issue (Financial disaster).

They've tried heaps of sideliners...AIDS, SARS, Bird-Flu, Chicken Flu, Botty Flu, Global Warming, you name them, but the horror never arrived.

Whereas, in times past the public were kept unfocused on the real problems by getting them to focus on Ghengis Khan through to Adolf.

What have we had since WW2? The Korean war. Vietnam. The three day War, the Five day War, Desert Storm. Afghanistan, et al.

All damp squibs compared to the biggies of days past where millions lost focus on the real issues to become a part of the war-effort.

Mark my words. The bright boys are, at this moment, trying to figure out how to create a cataclysm sufficient to get global focus off the coming crash but such as will allow them to walk away with clean hands.

A convenient asteroid, plummeting toward Wellington would be good.

But, at the end of the day, a good global crash is good. All it does is redefine the value of a dollar.

Hell's teeth! Imagine that? An Augusta for $9-95. And a house in Ponsonby for $29.95 :--))