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Harley-Davidson Reports Q3 2011 Results

As expected, Harley-Davidson reported a net income of $183.6 million over the third quarter ended Sept. 25, 2011, a 106% increase from the $88.8 million reported in the same quarter of 2010. Harley-Davidson reported sales revenue of $1.23 billion, a 13.4% increase from the $1.09 billion reported in the same quarter of 2010.

Harley-Davidson Recalls 250,000 Motorcycles for Rear Brake Light Switches

Harley-Davidson is issuing a recall for 250,757 units from its Touring, CVO Touring and Trike line from model years 2009 – 2012. The rear brake light switch on the models in question may become degraded due to the heat from the exhaust systems. This may affect brake light function and may result in a brake fluid leak.

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.