Nonsense!
If that was the case gp bikes, royal distributing, pro6 etc would all have been out of business by now, but they're not.
People that understand business adapt to changes, people that don't close their business down complaining about the customers and why they couldn't make money.
And what did they do in order to "adapt" that others didn't?
I've read that the dealerships more likely to have survived the last 15 years or so, are the ones with premium brands, because those more likely to buy them are less affected by the financial set-backs we've seen, i.e. are better heeled than those attracted to other, less distinctive brands, and/or are more dedicated to the sport.
I also read, many years ago, when Cycle World West closed, (how long was that?!) that there were 2 major culprits: the industry itself, focused too much on higher and higher numbers, RR type bikes, and the insurance companies making it almost impossible for young riders/new riders to afford insurance. Interestingly, it seems the industry is reeling itself in lately, introducing more and more entry level, mild performance bikes; and the government is FINALLY, doing, or at least paying lip service to doing something about the stupid insurance rates in Ontario.
I wonder if that will bring the motorcycle business back to where it once was. I miss spending a Saturday, cruising the dealerships looking for deals. I for one don't mind paying a little more at a dealership in order to have personal service, as long as there's no sexy young women trying to sell me something. I'm not that ****ing stupid.