It'll be OK

[otherwise]

Quote,

"Triumph has pumped into R&D over the last year".

http://www.visordown.com/motorcycle-news-industry/triumph-profits-fall/21850.html

 

[CarlS]

Thanks for the link.

Triumph still showed a healthy profit even with shaving profit margins from sales and with the investment in R&D. That R&D investment will pay off in the long run. Reading the article, I learned Triumph is planning to build a plant in Brazil. I did not know that. I did know about the plans for India.

 

[hendo01]

well there here for a bit longer now thats great

 

[Rocky]

R & D costs a lot of money, and given the poor financial situations of many countries around the world, luxury/hobby items like motorcycles are not on the radar of many potential customers.
It's great to see that Triumph is doing so well.

 

[hemibee]

I wonder what may be on the horizon for Triumph. I do like that they aren't doing like so many other companies in various industries that cut out almost all R & D in market slow downs. The ones that cut it are the ones behind when the economy recovers and they are then rushing junk out of the factories trying to keep their market share.


Posting with Tapatalk for iPhone.

 

[DaveM]

Well it is great to hear the R&D is still on the go

 

[Rocky]

I wonder what may be on the horizon for Triumph. I do like that they aren't doing like so many other companies in various industries that cut out almost all R & D in market slow downs. The ones that cut it are the ones behind when the economy recovers and they are then rushing junk out of the factories trying to keep their market share.


Posting with Tapatalk for iPhone.

Unfortunately, that's probably true in many cases.
Buyer beware, do your research, and shop around.

 

[Silli]

Indeed it was a lack of R & D that caused Triumph's original demise.

 

[Rocky]

Indeed it was a lack of R & D that caused Triumph's original demise.

Yes indeed, when you look back on it now you simply cannot understand how that was allowed to happen.
But maybe it was a good thing that it did.
I'm quite sure we would never have had the genius of John Bloor or the products we have today. Mr. Bloor started from the bottom with a clean slate and that's really what it took.

 

[keystiger]

Looks like positive news to me. I have not seen the dealers closing in the area. Unlike the local HD dealer thats closing its doors the first of the year. 4 year old dealership......no sales/can't sell enough "logo apparel" to pay the bills, closing shop.
Good on Triumph for work towards and looking to the future.

 

[DaveM]

Funny thing is I popped into our local dealer this month and they always shared a shot with other brands and when I walked in not one Triumph in site. So I asked the sales guy no Triumphs and he pointed out that they moved them to a Triumph only shop across the street. This was really nice to see and walk in and see only Triumph and lots of them

 

[CarlS]

Indeed it was a lack of R & D that caused Triumph's original demise.

Yes indeed, when you look back on it now you simply cannot understand how that was allowed to happen.
But maybe it was a good thing that it did.
I'm quite sure we would never have had the genius of John Bloor or the products we have today. Mr. Bloor started from the bottom with a clean slate and that's really what it took.

Spot on.

 

[CarlS]

Looks like positive news to me. I have not seen the dealers closing in the area. Unlike the local HD dealer thats closing its doors the first of the year. 4 year old dealership......no sales/can't sell enough "logo apparel" to pay the bills, closing shop.
Good on Triumph for work towards and looking to the future.

Triumph did lose some dealerships early on in the recession. The Jacksonville dealership closed as did the Longwood and Orlando dealerships as well as the Ft Lauderdale leadership. The Suzuki-Yamaha-Kawasaki dealership picked up the Triumph franchise in Jacksonville. I have no idea how that dealership is doing with Triumph as I moved form that area.

The Daytona Triumph-Ducati dealership owned by Bruce Rossmeyer's daughter closed after Bruce Rossmeyer's death. The BMW dealership in Daytona Beach picked up the both the Triumph and Ducati franchises and appear to be doing well with the Triumph franchise. They also opened a dealership in Orlando selling Triumph-BMW-KTM. This dealership seems to be successful. I bought my XC from them.

Funny thing is I popped into our local dealer this month and they always shared a shot with other brands and when I walked in not one Triumph in site. So I asked the sales guy no Triumphs and he pointed out that they moved them to a Triumph only shop across the street. This was really nice to see and walk in and see only Triumph and lots of them

I have only seen a couple of Triumph only dealerships in the Southeast. Most of the multi-brand dealerships have divided their showrooms into sections for each brand.

 

[Rocky]

Triumph did lose some dealerships early on in the recession. The Jacksonville dealership closed as did the Longwood and Orlando dealerships as well as the Ft Lauderdale leadership. The Suzuki-Yamaha-Kawasaki dealership picked up the Triumph franchise in Jacksonville. I have no idea how that dealership is doing with Triumph as I moved form that area.

The Daytona Triumph-Ducati dealership owned by Bruce Rossmeyer's daughter closed after Bruce Rossmeyer's death. The BMW dealership in Daytona Beach picked up the both the Triumph and Ducati franchises and appear to be doing well with the Triumph franchise. They also opened a dealership in Orlando selling Triumph-BMW-KTM. This dealership seems to be successful. I bought my XC from them.



I have only seen a couple of Triumph only dealerships in the Southeast. Most of the multi-brand dealerships have divided their showrooms into sections for each brand.

The dealer I bought my bike from in 1992 also sold Harleys.
A few years later H-D told them to either put up a wall or expand the building to house H-D only with a separate entrance- or set up in another location for the H-D line only - or lose the franchaise.
Fortunately, the dealership was in good financial shape and set up in another building.
The Japanese bikes are altogether in the main showroom in their own sections without walls.