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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.

H-D Confirms Road Glide Dump

In a conference call with investors yesterday, Harley-Davidson Inc. admitted the rumors are true: the Motor Company is dropping the Road Glide. According to the Milwaukee Business Journal, during the investor call Thursday discussing second-quarter results Harley-Davidson (NYSE: HOG) Senior Vice President and CFO John Olin publicly confirmed the previously reported model dump to the Motor Company’s Touring lineup.

US Highland Making a Comeback

US Highland appears to be making a comeback, announcing plans to begin processing new orders and having discussions with several OEMs for the use of the Oklahoma company’s powertrains. The Tulsa-based company did not mention which OEMs it is working with, though US Highland says the discussions could result in sales of over 20,000 units per year. The company is developing fuel injected V-Twin engines in 750cc, 950cc and 1050cc displacements and Singles in 350cc, 450cc and 507cc displacements.