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Moto blog

Harley-Davidson Opens First Showroom in Vietnam

Harley-Davidson has opened its first dealership in Vietnam, the world’s fourth largest market for motorcycles. Located in Phu My Hung in District 7 of Ho Chi Minh City, the new Harley-Davidson of Saigon opened its doors this past weekend with a full lineup of 27 models. Vietnam is one of the world’s largest markets with sales of 3.1 million two-wheelers in 2012, trailing only China, India and Indonesia.

Harley-Davidson Denies Plans for Small-Displacement Model for India

India’s 13-million-unit-per-year motorcycle market is comprised of mostly small-displacement models, so it sounds odd at first when manufacturers such as Harley-Davidson and Triumph enter the market with their larger-displacment models. The question quickly arises as to whether they will stick with their existing big-bore models or introduce an all-new, small-capacity model for the Indian market. Manufacturers like the Big Four from Japan already produce smaller models for other markets so it’s a relatively easy task for them to introduce new models such as Honda‘s recently launched 109cc Dream Yuga.

Harley-Davidson Delivers Strong Growth For Fourth Quarter And For Full Year

Harley-Davidson released today its fourth quarter financial statements, revealing the company’s fourth-quarter income from continuing operations was $70.6 million on consolidated revenue of $1.17 billion, compared to 2011 income from continuing operations of $54.6 million on consolidated revenue of $1.18 billion. Fourth-quarter 2012 earnings per share were $0.31, up 29.2% compared to EPS of $0.24 in the year-ago quarter. For the full year, Harley-Davidson income from continuing operations was $623.9 million on consolidated revenue of $5.58 billion, compared to full-year 2011 income from continuing operations of $548.1 million on consolidated revenue of $5.31 billion.