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Harley-Davidson Delivers Strong Growth For Fourth Quarter And For Full Year

Harley-Davidson released today its fourth quarter financial statements, revealing the company’s fourth-quarter income from continuing operations was $70.6 million on consolidated revenue of $1.17 billion, compared to 2011 income from continuing operations of $54.6 million on consolidated revenue of $1.18 billion. Fourth-quarter 2012 earnings per share were $0.31, up 29.2% 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.

Harley-Davidson Confirms 500cc Model on the Way, Says Electric Harleys Not That Far-Fetched

It’s only been a couple of weeks since Harley-Davidson broke new ground by unveiling new “Twin-Cooled” liquid precision-cooling engine technology its new Project Rushmore suite of customer-driven refinements, but the Motor Company appears to have even more ambitious plans in the works. Speaking at Harley-Davidson’s 110th anniversary celebrations, Chief Operating Officer Matthew Levatich confirmed the company is producing a new 500cc model and opened the possibility of an electric Harley-Davidson somewhere down the line. We’ve previously written about Harley-Davidson’s plans to introduce a new 500cc V-Twin model for the Indian market.

Keanu Reeves Starts Arch Motorcycle Company – Production to Begin in 2013

Actor Keanu Reeves is getting into the motorcycle business, starting up the Arch Motorcycle Company with Gard Hollinger of L.A. County Choprods. The new company will build motorcycles based on the KR GT-1 prototype pictured above, with production set to begin in 2013.