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Harley-Davidson Reports Q1 2013 Results

Harley-Davidson reported 15.9%  increase in motorcycle revenue despite selling 9.1% fewer motorcycles over the first quarter of 2013. According to the company’s first quarter 2013 report, Harley-Davidson recorded revenues of $1.15 billion from motorcycle sales, compared to $995.9 million in the same quarter of 2012. At the same time, Harley-Davidson sold 54,254 motorcycles worldwide over the first quarter, down from 59,677 motorcycles in the same period last year.

Harley-Davidson Discontinuing Road Glide and Other Models for 2014

A leaked memo sent out to Harley-Davidson dealers reveals plans to drop several models from the company’s 2014 lineup. Slated to disappear are the XR1200X Sportster, the FXS Softail Blackline, and the FLHTC Electra Glide Classic. Also being discontinued, at least for 2014, is the FLTRX Road Glide Custom and FLTRU Road Glide Ultra, as the tourer models undergo a design refresh.

H-D Confirms Road Glide Dump

In a conference call with investors yesterday, Harley-Davidson Inc. admitted the rumors are true: the Motor Company is dropping the Road Glide. According to the Milwaukee Business Journal, during the investor call Thursday discussing second-quarter results Harley-Davidson (NYSE: HOG) Senior Vice President and CFO John Olin publicly confirmed the previously reported model dump to the Motor Company’s Touring lineup.