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Five Takeaways from Harley-Davidson's Q4 2022 Results

Del Mar delays, Project Fuel and the X350RA Harley-Davidson presented its fourth quarter 2022 financial results, and the results were generally strong, but not without a few hiccups. The quarter was strong, compared to the previous year, with revenues ($1.14 billion vs $1.02 billion), operating income (profit of $4 million vs loss of $7 million) diluted earnings per share ($0.28 versus $0.14) showing increases in 2022. For the year, Harley-Davidson reported revenues of $5.76 billion compared to $5.34 billion in 2021, and an operating income of $909 million compared to $823 million in the previous year.

Harley-Davidson to Assemble More Models in India

Harley-Davidson is expanding its assembly operations in India, increasing the number of models imported as complete knockdown kits to nine. Harley-Davidson will now assemble the Fat Boy, Fat Boy Special and Heritage Softail Classic in India, joining six models already being assembled in India. The move follows India’s new budget which increases import duties on motorcycles with engines larger than 800cc to 75% from the previous rate of 60%.

Harley-Davidson Tri-Glide Led Inauguration Parade

While at the time, most of the attention was on President Barack Obama, motorcycle enthusiasts would have surely noticed the one-of-a-kind 2009 Harley-Davidson Police concept Tri-Glide Ultra Classic which led the inauguration parade to the White House on January 20th. Lieutenant Scott Fear, Commander of the U.S. Park Police Motor Unit, led a dozen side car-equipped Electra Glides in a formation riding the heavily modified Trike, which was sourced by Harley-Davidson of Frederick.