Warren Buffett loaned $300 million to Harley-Davidson in 2009 crisis - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Warren Buffett loaned $300 million to Harley-Davidson during the financial crisis. Here's the story of how he helped the motorcycle maker.

"It was the bridge we needed to get us through a rough time," the motorcycle maker's finance chief said in 2014.

The first two elements translated into targeting younger and more diverse riders; closing plants, combining operations, and outsourcing some distribution; and laying off about 1,100 employees or about 12% of its workforce. "It was the bridge we needed to get us through a rough time," Harley-Davidson's finance chief, John Olin,The group needed the cash to continue offering financing to motorcycle dealerships and retail customers, and to keep its production lines humming, Olin continued.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Buy Harley-Davidson's electric bikes. Help keep HD with us into the future. EVs are the future.

Becz he understood social distancing

It says right there in the title, he loaned them 300M...

Dementia

This is one of those brands that would have zero impact on humanity if it were to disappear completely.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Sallie Krawcheck's Ellevest: Assets trail digital wealth rivals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is it discriminating to say that with 80 mil under mgmt she is rather a failure?
Source: BusinessInsider - 🏆 729. / 51 Read more »

PRESENTING: An inside look at winners and losers of fitness industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the hospital at Javits Center, from Navy Reserve officer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Microsoft expect 70 bln. Income from RAM OS cartridge Windows sales ( which increase stability and security of OS)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Last sold 04/28/2011 for $25,500,000, annual taxes are $460k, overpriced and the payments will kill you before any thief will. BTW there is another house on the island going for $27.9M
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett's Acme Brick battles conspiracies it supplied BLM protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. How absurd. We all know it was Bill Gates. Warren Buffett's Quieter Quest to Kill Solar in the West The new George Soros?
Source: BusinessInsider - 🏆 729. / 51 Read more »

US government refuses to say which small businesses received PPP loans - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BREAKING WHO says coronavirus situation 'worsening' worldwide COVID19., No worries. Audit can start end of Jan 2021. The US government didn’t even say which congresspeople used taxpayer money to settle sexual harrasment claims.
Source: BusinessInsider - 🏆 729. / 51 Read more »