CNBC is reporting today that President Trump encouraging a boycott of Harley-Davidson earlier this year seems to be taking its toll, with H-D’s sales down 8.7% in the first half of 2018. Meanwhile, main rival Indian saw its sales grow 4% in the same time frame, according to industry analyst Gerrick L. Johnson at BMO Capital Markets. Well, it’s hard to blame first-half results on Trump’s call for a boycott, since he didn’t tweet it till mid-August. But Johnson seems to think it’ll only add to H-D’s woes.
“While President Trump’s assessment of HOG’s actions in his tweets were often factually inaccurate, the damage has been done,” Johnson said in a research note. “Dealers are feeling an impact, and we find that the impact has become more acute over time,” the CNBC report says. Read the whole thing here at CNBC.com.
The post Harley-Davidson, Indian and Trump appeared first on Motorcycle.com News.
【Top 10 Malaysia & Singapore Most Beautiful Girls】Have you follow?
