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Harley-Davidson Closing Australian Cast Wheel Subsidiary

Harley-Davidson is closing its cast wheel and hub producing subsidiary New Castalloy, deciding to outsource production to third-party suppliers. Based in Adelaide, Australia, New Castalloy produces about 1,450 wheels and 500 wheel hubs per day for Harley-Davidson. That work will be transferred to outside suppliers by the middle of 2013.

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.

Harley-Davidson's New 121ci CVO Engine Has VVT

Another leaked image reveals more secrets A couple of days ago, we were tipped off by Harley-Davidson blogger Dr. Dan Morel about photos of an alleged new CVO Road Glide and CVO Street Glide taken from the factory floor. Morel has since sent us another photo, offering a clear look at the CVO Road Glide’s right side, including evidence that the new 121ci engine uses variable valve timing.