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Old 12-14-2007   #1 (permalink)
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Question Street Triple Production Numbers

Does anyone have a feel for how well the Street Triple has sold in Europe, or North America? I'm not sure I've seen any production numbers for '08, but according to the dealer there are only 400 slated for the US. Just curious as to how she's doing with all the positive press that is out there. Has Triumph come anywhere close to estimating overall demand, or just how high is the demand? I can't see the bike not selling well as fun as it is to ride. It would be nice for this to give Triumph a much deserved boost in sales, brand recognition and street credibility.
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Old 12-15-2007   #2 (permalink)
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> ...just how high is the demand?

Triumph are not noted for discussing production numbers of individual models in any detail, but I think the number of people in this board who pre-ordered late in the program and are having to wait until nearly Spring to see theirs gives us a pretty good indication that the demand may have been higher than they expected.

Not that the expected numbers were all that high, at least over in the States. The oft heard number of 400 for the U.S. dealers (this is apart from the reservation program) is pretty low, compared to some of their other model introductions.

> It would be nice for this to give Triumph a much deserved boost in sales, brand recognition and street credibility.

The Rocket III did the most of any model in the Hinckley era to promote brand recognition. The Daytona 675 was a huge boost in credibility. And to a lesser extent the '05 Speed Triple and '07 Tiger helped in all those areas recently too. I suspect, however, that Triumph expected only that the Street would be useful in keeping the buzz alive, not that it would really do that much for overall sales. Certainly, having so few of them in showrooms... and most of those not arriving until halfway through the model year... is less than ideal for boosting sales.

Ergo, I don't believe sales numbers were the primary goal. If I had to guess why the Street was introduced in such a hesitant way, I'd say it was probably because they had to spend so much effort getting the Twin models ready for Euro 3 emission requirements that they didn't have resources to devote to gee-whiz all-new models this time around. In addition, it's been clear for a while that we're on one of the regular downward slopes of the motorcycle demand curve, so there's less incentive to be adventurous right now.

The R&D and tooling for the Twins had to be done, because they are a very profitable line, but EFI is just not glamorous any more. The Rocket III Touring is wonderful and may be a decent seller, but it had been anticipated for so long that it's not perceived as anything really new. There is at least one new engine in development, but it won't be ready until next year. That didn't leave much in the way of glamour for '08. They needed something to keep the buzz alive this year, whether it turned out to be a big selling model or not. The Street is certainly generating great press for them, and it's a wonderful enough machine that it'll probably be very popular too.
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Old 12-15-2007   #3 (permalink)
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I reckon they will use the daytona/street frame and engine in a baby tiger in 2008, possibly call it the Tiger Cub.

Triumph has released figures showing its strong sales success in the 2007 financial year.

Turnover was up 10 per cent from £200 million to £220 million. The sales of Triumph motorcycles also rose by 10 per cent to 41,125 units.

The launch of the Triumph Tiger and the continued success of the Triumph Daytona 675 and Triumph Speed Triple contributed to this strong performance.
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Old 12-15-2007   #4 (permalink)
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A Tiger Cub based on the 675 motor and ST3 frame would have me seriously thinking about multiple bike syndrome. My wife would kill me, but it would be a magnificent sacrifice. The only thing I would want to make sure Triumph do if they build a Tiger Cub is lengthen the headstock so it could have insane motard steering lock. It would be the ideal bike for stoooopit fun!
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Old 12-15-2007   #5 (permalink)
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Wouldn't it just! I don't know that I would want to clamber over boulders and logs on it, or ford streams the way some folks have done with 955 Tigers, but I'll bet it would be incredible fun in the dirt and through the woods and such places where its big brother is really too heavy to be the ideal tool...
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Old 12-15-2007   #6 (permalink)
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Quote:
Originally Posted by Diego View Post
I'll bet it would be incredible fun in the dirt and through the woods and such places where its big brother is really too heavy to be the ideal tool...
I can tell you that the Striple as comes is already very confidence-inspiring on gravel roads, fire roads etc. I took a few wrong turns in the mountains on my demo ride and was pleasantly surprised by how well it turned out once I decided to trust the bike.
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Old 12-15-2007   #7 (permalink)
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Shakey,

I can only toss this out...my dealer stated that they are getting only six. A green one pre-sold to one of their employees, a white one now w/ my name on it, and 4 unspoken f/ black ones.

Btw, my sales guy rides a Daytona 675.

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Old 12-15-2007   #8 (permalink)
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It's the same with my dealer. 6 for '08 and 4 are already sold counting mine. Having read various posts on different sites the riders in Europe are snapping them up as quick as they arrive with most on a waiting list for spring delivery, or later. I wasn't expecting monster production numbers, but I can't imagine Hinkley didn't have a clue it would be so popular in Europe.
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Old 12-15-2007   #9 (permalink)
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> I wasn't expecting monster production numbers, but I can't imagine Hinkley didn't have a clue it would be so popular in Europe.

It's been widely reported that they figured on more sales in Europe than the States, as it's a size range that has been more popular there for a long time. But that only gives them a clue about the relative apportionment of sales, not the magnitude.

They had no intention of letting production of this model be sales-projection driven. When the overall market is soft, you don't want to tie up capital making too many of a product that's still an unknown in the marketplace. Hence the reservation program, to give them some hard numbers.
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Old 12-16-2007   #10 (permalink)
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Shakey- did you get your bike from Cycle Barn? I haven't been up there for a while, so I don't know if they have had one in the shop yet.
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