Harley-Davidson Displays Strong Fourth-Quarter and Full Year
Fourth-quarter income from continuing operations was $70.6 million on consolidated revenue of $1.17 billion, compared to income from continuing operations in the year-ago period of $54.6 million on consolidated revenue of $1.18 billion. Fourth-quarter 2012 earnings per share were $0.31, up 29.2 percent compared to EPS of $0.24 in the year-ago quarter. For the full year, Harley-Davidson income from continuing operations was $623.9 million on consolidated revenue of $5.58 billion, compared to full-year 2011 income from continuing operations of $548.1 million on consolidated revenue of $5.31 billion. Full-year 2012 EPS was $2.72, up 16.7 percent from EPS of $2.33 in 2011.
AIMExpo Announces OEM Involvement
AIMExpo’s Larry Little, VP and general manager of the motorcycle group at Marketplace Events, announces that the Orlando show has a tier-one Japanese OEM commitment.
Suzuki Celebrates 50th Anniversary in U.S. with Customer Appreciation Promotions
To commemorate the 50th anniversary of this historic date, Suzuki will be offering customers the opportunity to win a variety of prizes, including motorcycles, ATVs and genuine Suzuki accessories every month until the anniversary date. On Aug. 16, Suzuki will host a customer appreciation event during the Indianapolis MotoGP race weekend to commemorate this historic achievement.
Zero Launches ‘Cash for Carbon’ Consumer Trade-In Bonus
In support of its popular 2012 model line, Zero offers $2,500 in additional trade value on top of whatever amount the dealer offers the consumer available towards the purchase price of a new 2012 Zero motorcycle. This incentive is presented in addition to the recently announced 10 percent federal tax credit available as part of the American Taxpayer Relief Act, offering up to an additional $2,500 in incentives for new Zero Motorcycle consumers.
BMW Motorrad Achieves New Sales Record
The company reported a 14 percent increase in sales for 2012, nearly double the gain posted the previous year. The double digit increase was fueled by sales of the popular S 1000 RR superbike, which had a 20.9 percent increase in sales of 1,934 compared to 1,600 in 2011.
CHRISTINI AWD Releases 2013 All Wheel Drive Motorcycle Lineup
The latest lineup includes the 2-stroke CHRISTINI AWD 250 and AWD 300, as well as the AWD 450, 450 Dual Sport, 450 Supermoto, and the newest addition: the CHRISTINI AWD 450 Enduro.
Government Tax Credit Extension for Electric Vehicles Promises Growth for Brammo Customers
The federal tax credit for electric motorcycles and other two- and three-wheeled vehicles has been extended through 2012 and 2013. With this extension, electric motorcycle enthusiasts will continue to receive personal tax incentives when purchasing the Enertia Plus, Empulse and Empulse R models.
Yamaha to Produce 2013 Red Utility ATVs at Georgia Facility
Red versions of Yamaha’s popular utility ATV models, including the Grizzly 700 FI EPS, Grizzly 550 FI EPS and Grizzly 450 EPS, should start arriving at dealers before the end of the year.
Erik Buell Racing Secures Financing for Dealer Network Expansion
Through the deal with GE Capital’s Commercial Distribution Finance, EBR dealers will get floorplan financing, allowing them to stock, market and sell the manufacturer’s inaugural lineup of motorcycles. The lineup thus far includes the 1190RS, the company’s first sportbike model.
Honda Motorcycle & Scooter India Factory Switches to Cheaper, ‘Greener’ Energy
The Honda factory in Manesar, India, has installed two of GE’s natural gas-fired Jenbacher cogeneration units, which use cheaper energy to generate 4 megawatts (MW) of reliable on-site power. This change has also reduced industrial greenhouse gas emissions by 48 percent.
Zero Motorcycles to Showcase New Lineup at Progressive International Motorcycle Shows
The nationwide tour kicks off tomorrow at the Long Beach Motorcycle Show and will make six other stops in cities across the country. The Long Beach Motorcycle Show runs through Dec. 9 and takes place at the Long Beach Convention Center.
Arctic Cat To Release 4-Seater Wildcat in February
The new Wildcat 1000 will include an all-new clutching system and sway bar. It also will feature improved acceleration while maintaining strong torque and horsepower, according to the company.