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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.

Three-Year-Old Motorcycle Prodigy?

Even though Tiger woods started paying golf at age two, this story of a three-year-old boy from New Delhi, India is probably just as impressive, maybe more.  Azeem Khan, photographed on the Royal Enfield Bullet above, has been granted a special license by judges in India allowing him to ride his motorcycle on side roads but is not allowed out on the main roads by himself. Khan’s father had to customize the bike so that the young boy could reach the controls and prove that he could handle the motorcycle on his own. I used to sit him on my bike and he would always grab at the controls.

Harley-Davidson Reports Q2 2013 Results

Harley-Davidson reported a net profit of $271.7 million for the second quarter ended June 30, 2013, up from the profit of $247.3 million reported in the same period in 2012. For the first half of 2013, Harley-Davidson has recorded $495.9 million in profit, compared to $419.3 million reported in the opening six months last year. “Harley-Davidson again drove strong financial performance in the second quarter, reflecting the many improvements in operations we have made throughout the Company over the past few years as well as our brand strength globally,” says Keith Wandell, chairman, president and chief executive officer of Harley-Davidson, Inc.