/ News, Other / Harley-Davidson Reports Second Quarter Profit Up 10%

Harley-Davidson Reports Second Quarter Profit Up 10%

Linked In Share
Harley-Davidson Reports Second Quarter Profit Up 10%

Harley-Davidson’s profit during the second quarter increased 10%, due to the aggressive expansion in emerging markets and revamped models.

Last month Harley-Davidson opened a new dealership in Salvador, Brazil, representing the 104th dealership opened since 2009. This means that the company has accomplished its goal of opening between 100 and 150 dealerships globally, US not included, by 2014. Global sales increased 5.2% and deliveries in the US were up 4.4% to 58,241 units.

“During the second quarter, we completed our first year of seasonal surge production at York with great success,” said CEO and Chairman Keith Wandell. “We also surpassed a milestone for international dealership growth.”

During the second quarter the company reached a profit of $271.7 million ($1.21 per share) compared with $247.3 million ($1.07 per share) during the same period last year, surpassing analysts’ expectations of $1.17 per share. Revenue from motorcycle was up 4% to $1.63 billion, compared with $1.57 billion in 2012, while global sales volumes jumped 5% to 90,193 new bikes.

Harley-Davidson said that it still plans to reach its global sales target of between 259,000 to 264,000 motorcycles by the end of this year. Deliveries in the third quarter are expected to be somewhere between 51,000 and 56,000 units, from 52,793 units in 2012.

Source: freep.com

by Ana Cezara Savin (my Google+) - Thursday, July 25th, 2013 - filed under News, Other. Image credit: .
Linked In Share
Related Articles
Harley Davidson second quarter profit


Discuss: Harley-Davidson Reports Second Quarter Profit Up 10%

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2014 Beijing Motor Show: Kia K4 Concept
2014 Beijing Motor Show: Kia K4 ConceptThe Kia K4 Concept was officially presented in Beijing as the model in question is offering a preview of an upcoming production ...
GM seeks court aid to ban any recall litigations
GM seeks court aid to ban any recall litigationsBecause in 2009 the bankruptcy of General Motors led to the creation of a new company – albeit with the same name – now the ...
2014 Beijing Motor Show: Lexus NX
2014 Beijing Motor Show: Lexus NXThe new Lexus entry-level crossover, the NX, has been officially presented to the public during the 2014 Beijing Motor ...
2014 Beijing Motor Show: Mercedes-Benz C-Class L
2014 Beijing Motor Show: Mercedes-Benz C-Class LThe new Mercedes-Benz C-Class L has been recently introduced at the 2014 Beijing Motor Show. Mercedes-Benz has officially ...
2014 Beijing Motor Show: Honda Spirior Concept
2014 Beijing Motor Show: Honda Spirior ConceptHonda’s newest creation, the Spirior Concept, has been officially presented to the public, in a world premiere, during the ...
Mercedes CLA challenged by VW’s New Midsize Coupe
Mercedes CLA challenged by VW’s New Midsize CoupeJust like Mercedes-Benz challenged the traditional boundaries between premium and mainstream with their new CLA four door coupe, ...
2014 Beijing Motor Show: Bugatti Veyron Grand Sport Vitesse Black Bess
2014 Beijing Motor Show: Bugatti Veyron Grand Sport Vitesse Black BessThe Bugatti Veyron Grand Sport Vitesse Black Bess has been officially introduced during the 2014 Beijing Motor Show. The model ...
2014 Beijing Motor Show: Volkswagen Golf Edition Concept
2014 Beijing Motor Show: Volkswagen Golf Edition ConceptVolkswagen has officially introduced the new Golf Edition Concept during the 2014 Beijing Motor Show, in a premiere. The German ...
Daimler aims to expand production capacity in China
Daimler aims to expand production capacity in ChinaMercedes-Benz, hot on the heels of both Audi and BMW as it aims to take back its lost crown as the world’s biggest premium ...
Automakers seek delay in EU efforts on emission testing
Automakers seek delay in EU efforts on emission testingThe European carmakers have increased their pressure on EU officials in a bid to push back a new emission testing ...
McLaren should focus on track, not court – Horner
McLaren should focus on track, not court – HornerApr.22 (GMM/Inautonews.com) Red Bull has advised McLaren to focus on upping its game rather than taking the reigning world ...
Magnussen prefers Button over Alonso as teammate
Magnussen prefers Button over Alonso as teammateApr.22 (GMM/Inautonews.com) Kevin Magnussen says he is happy with the current configuration of McLaren's driver ...
Lauda gave Hamilton ‘money can’t buy’ reward
Lauda gave Hamilton ‘money can’t buy’ rewardApr.22 (GMM/Inautonews.com) Niki Lauda gave Lewis Hamilton a 'money can't buy' reward for securing his first-ever F1 hat-trick ...
‘Pressure effect’ is Vettel’s new challenge – Massa
‘Pressure effect’ is Vettel’s new challenge – MassaApr.22 (GMM/Inautonews.com) Sebastian Vettel has "forgotten" how to drive something other than the best car in the field. That ...
Jaguar Land Rover to start local production in China
Jaguar Land Rover to start local production in ChinaThe British multinational company owned by India’s Tata Motors is poised to begin local car assembly in China by the end of ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

kia k4 concept 1
Mercedes-Benz C-Class L 1
honda spirior concept 1
Bugatti Veyron Grand Sport Vitesse Black Bess 1
volkswagen golf edition concept 1
lamborghini aventador nazionale ad personam 1
2015 peugeot 408 sedan 1
audi tt offroad concept 1
Volkswagen Golf R 400 Concept 1
2015 Ford Escort 1
2015 Chevrolet Cruze 1
Lincoln MKX Concept 1

More automotive from inautonews
The Kia K4 Concept was officially presented in Beijing as the model in question is offering a preview of an upcoming production car. The new Kia K4 Concept is offering a preview of a production model which will ride on the same platform as the Hyundai Mistra. The vehicle will be produced in ...
read more
Inautonews Editors Section
Do you have £200,000? Then you can have the trip of a (hazardous) lifetime
Do you have £200,000? Then you can have the trip of a (hazardous) lifetimeAre you tired of the ever-boring home to work commute? Well, if you’re the adventurous type and can afford the paycheck, the world's most hazardous ...
Check out the everyday cars of St. Moritz – photo gallery
Check out the everyday cars of St. Moritz – photo gallerySt. Moritz is the oldest winter holiday destination in the world – and on the same time it is probably the most expensive ski resorts in the ...
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety US judge doesn’t order GM to park recalled carsThe federal District Judge Nelva Gonzales Ramos decided yesterday General Motors doesn’t need to ... GM says recalled cars safe, but hasn’t tested them for all situationsAlthough the automaker has not made tests for a single problem that is known to have the engine ...
Safety Section