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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.

Antiques Roadshow Visits Sturgis Motorcycle Museum

While on location in the Black Hills of South Dakota, PBS’s Antiques Roadshow stopped by the Sturgis Motorcycle Museum to film a segment on motorcycle toys. In the segment host Mark L. Walberg talks with vintage toy expert Noel Barrett about various American-made, antique, cast iron motorcycle toys. Barrett shares the history of these early toys, some tips about how one might tell a reproduction from the real thing, and offers his valuation on several highlighted examples. Walberg also takes a ride on a vintage Harley-Davidson Servi-Car.

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.