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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.

Forbes Expects Harley-Davidson to Announce Gains for Q3 2011

In anticipation of Harley-Davidson announcing its third-quarter performance in 2011 Forbes.com expects Harley will reveal its third straight quarter of sales growth. The article says that financial analysts expect “earnings of $0.76 per share, up 47.4% from the same quarter of last year.” Additionally, an 18.8% gain in revenues is expected. Interestingly, the article refers to Harley’s motorcycles as “luxury items,” and as such sees Harley’s increased sales and profit as a possible harbinger of an improving U.S.

Tsunami-Tossed Harley-Davidson from Japan Washes Up in Canada

A shipping container holding a Harley-Davidson motorcycle with Japanese plates was discovered on a beach in British Columbia, Canada. The container, which appears to be the cargo area of a box truck, is believed to be one of the first notable pieces of debris set adrift by the 2011 Japanese tsunami to land in North America. Beachcomber Peter Mark discovered the containerwhile riding his ATV along an isolated beach on Graham Island, an island south of the Alaskan Panhandle.