Why couldn't Meriden be saved when the Americans still have their Milwaukee ?
Heavily subsidised by their banks and politically savvy importers, the Japanese were dumping their unwanted motorcycles all over the world at heavily discounted prices just to clear stock- something smaller European manufacturers could not compete against
plus the pound was at a all time high against the dollar. which as i remember a brand new at the time 1981 bonneville was around 3600 to 3800 dollars, lot of money in those days.
erm, Harley Davidson were bailed-out by the American Government via heavy import taxes on anything-non-american-built-motorcycle.... - worked for them hey :D
Beattie mentions interest rates--that's one thing that people today forget. Interest rates in the late 70s and early 80s were absolutely crushing--approaching 20%.
Beattie is a star in this, any company would give their high-teeth for someone as devoted to this cause...
jonnosmythe 2 years ago
New book out in July 2009 by John Rosamond on the Meriden Triumph Co-Op published by Veloce
meriden4ever 2 years ago
intresting to know that that new 900 twin actually worked. i thought it was just a mock up, what a shame!
mac163 3 years ago
Why couldn't Meriden be saved when the Americans still have their Milwaukee ?
Heavily subsidised by their banks and politically savvy importers, the Japanese were dumping their unwanted motorcycles all over the world at heavily discounted prices just to clear stock- something smaller European manufacturers could not compete against
meriden4ever 3 years ago
plus the pound was at a all time high against the dollar. which as i remember a brand new at the time 1981 bonneville was around 3600 to 3800 dollars, lot of money in those days.
mac163 3 years ago
Comment removed
jonnosmythe 2 years ago
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erm, Harley Davidson were bailed-out by the American Government via heavy import taxes on anything-non-american-built-motorcycle.... - worked for them hey :D
jonnosmythe 2 years ago
Beattie mentions interest rates--that's one thing that people today forget. Interest rates in the late 70s and early 80s were absolutely crushing--approaching 20%.
themightyharrison 3 years ago