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India Raises Import Duty on Motorcycles to 75%

The government of India has laid out its budget for 2013-2014, increasing the import duty for large motorcycles. The news will impact several major manufacturers hoping to gain a stake in the world’s second largest motorcycle market. India has become the hotspot for manufacturers but one of the biggest obstacles they face is the duty India levies on luxury goods.

Dave Grohl Drums to the Sound of a Harley-Davidson Motorcycle

I’ve got a lot of respect for Dave Grohl.  He’s amazingly talented and very driven.  Even after Nirvana, the guy is still kicking and in the spotlight with the Foo Fighters and the millions of other side projects he’s done (ie: Queens of the Stone Age). Apparently he’s also a big motorcycle guy. Harley-Davidson did a little video on Dave, featuring him drumming on a snare drum to the exhaust pipes of a Harley-Davidson.  The seven minute video goes on about how Mr Grohl bought his first motorcycle when the Nirvana album “Nevermind” started to become big.

Harley-Davidson Reports Q2 2014 Sales Results

Harley-Davidson reported a net income of $354.2 million over the second quarter of 2014, thanks to a 12.4% increase in sales revenue. Actual motorcycle sales volume stayed about even, however, with unit sales increasing to just 90,218 motorcycles from 90,193 sold in the same quarter last year. Though sales were statistically the same as they were last year, Harley-Davidson generated $1.48 billion in revenue from motorcycle sales alone, up 16.2% from the $1.27 billion reported in the second quarter of 2013.