IMO at the time that was just the thing our government *should* have done.
How many 750cc bikes was HD building at the time? Do you think by putting a large tariff on the >700cc bikes really made people buy HD instead of Japanese, or did it just keep people from buying motorcycles?
Here is a pretty good look at the tariff written in 1984. Remember this was written at the beginning of the tariff.
Taking America for a Ride: The Politics of Motorcycle Tariffs
The tariff did make the Japanese build 690-699cc bikes that would come in under the tariff. It wasn't just the Japanese that had to pay the tariffs, so did the Europeans. It also gave some breathing room to HD and maybe the tariff is what kept the creditors at bay until the company turned around.
And yes, HD did go to the .gov and ask that the tariff be lifted 1 year early. I don't feel the tariff is what brought HD out of the situation it was in. New owners, improved bikes and the reputation that the bike was of a higher quality is what I feel brought HD out of near folding. When AMF had the company it suffered because all they looked at was making money. Quality suffered and so did the reputation of HD. The standing joke back then was, "Why are their still Harley's on the road? Because the tow trucks haven't arrived yet".
It took a few years but they fought against that reputation, improved engineering and made a bike that people would look at and sometimes buy.
We are now in nearly the same situation as the very early 80's. The economy is in the dumps, motorcycle sales are in the toilet, dealerships are closing or being sold, there is a glut of new HD's on the showroom floors. I don't know how they will weather this turn-down, but I am sure they will. I just think there will be a lot less dealerships in the future.
Image is another issue. Right now most HD riders are probably 40+ years old (if not older). It is perceived as an old geezer bike, rather than the bike of the rebels as it was decades ago. A young guy coming up now will see the HD riders and may feel he does not want a HD because of the perception it is for older riders. I would love to see them start marketing to the younger rider, but even if they did, could a 20-25 y/o really afford one?
It is a conundrum, I would hate to see HD go under, and I don't think it will. After all, they are one of the true American motorcycle makers that have been around forever. In fact they are the only one IMO. Indian tried a comeback, that didn't work. Victory, while made in the USA is IMO just riding on HD's coat tails.
Right now the stock is running near its 52 week high of a little over 43 dollars so there is still plenty of investor interest in HD, and that might be what saves it. They may have to cut into their offerings to get through the lean years but I think they will be around for a while yet.
bob