An hour before midnight on New Year’s Eve in 1985, a bunch of Harley executives sat in a room at a bank with two stacks of papers, one for bankruptcy and another for recapitalization, if their last gasp ask for fresh investment came in. They had given themselves until midnight to get new money or go bankrupt, and time was running out. Many of the executives had, four years earlier, personally invested $1 million or more—while borrowing tens of millions more on top of that—to buy the company from the conglomerate AMF for $80 million and take it private. AMF itself had acquired the motorcycle manufacturer for $14 million in 1969 (about $100 million today) with a plan to expand production and squeeze out maximum profits. But a decade of labor trouble, declining build quality, and the dominance of Japanese motorcycles—Honda, in particular—had, by 1981, left Harley in dire straits. It was kind of a miracle that Harley had lasted that long to begin with and, … [Read more...] about How Harley-Davidson’s All-In Bet on Its Past Crippled Its Future
Fixing hail damage on car
Julian Gill, Houston Chronicle Published 7:36 am CST, Wednesday, November 7, 2018 PHOTOS: 10 inventive ways to avoid hail damage The National Weather Service predicts a marginal chance of hail tonight for the Houston area. Thunderstorms are expected to bring a cold front on Wednesday and Thursday.>>> See ways to avoid a large repair bill from hail damage less PHOTOS: 10 inventive ways to avoid hail damage The National Weather Service predicts a marginal chance of hail tonight for the Houston area. Thunderstorms are expected to bring a cold front on Wednesday and ... more Photo: National Weather Service Here are 10 inventive ways to avoid hail damage:1. Buy a Hail ProtectorThis inflatable car cover blocks projectiles like hail from damaging the vehicle's exterior and alerts owners of an approaching storm — plus, it looks pretty cool. Read more here. less Here are 10 inventive … [Read more...] about What the hail? How to protect your ride when ice falls from the sky
Do you have a damaged Vehicle that you want to sell but don’t know how to go about it? Are you thinking about scrapping it? Or are you thinking of getting it fixed to get a better value? It is normal if your mind is flooded with questions and considerations about your damaged car. It can be challenging to decide how to toss off a vehicle without claiming its value. If you don’t know your options, the chances of selling off a damaged car can be very slim. Thus, the first step is to find out your opportunities and compare them to see if you can still gain something out of your damaged car. Should you really sell it? If your car is in a non-operating condition or had been in a nasty accident lately, you might want to sell it off immediately. If you think about repairs, collision repairs can be quite costly when compared with the value of your car in its current condition. Indeed, selling could be a better option over repairing. But before you make that decision, it is crucial … [Read more...] about What Can I Do With My Damaged Vehicle?
The X in today’s Nice Price or Crack Pipe 280ZX stands for X-sports car, as the model is more a GT than a corner crusher like its immediate predecessor. Some people do like their cars to be a bit softer, but will this classic coupe’s price put you between a rock and a hard place? Did you ever stop to think why it was that ‘Three Strikes’ became the universal determinant of negative action? There’s the Three Strikes in baseball, the Three Strikes law that could put you away for good, and of course the popular Three Strikes segment on the long-running game show, The Price is Right. Last Friday’s 2005 Subaru Legacy GT wagon had a lot going for it, but it also had three strikes. Those three major issues were a dead cylinder, a noisy transmission, and a hail damaged body. Any one of those individually could have been taken as a reasonable challenge. But at $3,000, all three strikes together killed the car’s chances, resulting in a 73-percent Crack … [Read more...] about At $18,500, Could You T-Top This 1982 Datsun 280ZX?
Being a cylinder down and having a whiffle ball body makes today’s Nice Price or Crack Pipe Legacy a bit of a daunting proposition. Let’s see if its price can turn things around. My brother gave me a metal sign a few years ago that’s says ‘Still Plays With Cars.’ I put it up in the garage—or as I call it, the playroom—and smile now and then as I pass by it. It’s a testament to the fact that while I have grown older, my maturity level remains a bit stunted. We’re lucky if we manage to grow old. We’re even luckier if we do so without really growing up. The seller of yesterday’s 1992 Isuzu Amigo claims to have aged out of both his car tinkering and camping days, and has hence put his flawed friend up for sale. Hopefully someone with a little time and the wherewithal will be able to fix the truck’s stumbles and stalls and make it a reasonably reliable driver. That seemed to be the opinion of fully 65-percent of you, … [Read more...] about At $3,000, Might This 2005 Subaru Legacy GT Wagon’s Awesomeness Let You Excuse Its Flaws?