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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.

Harley-Davidson Suspends All Vehicle Production for Two Weeks

Harley-Davidson announced it is pausing assembly and shipments of all motorcycles for a two-week period due to a problem with a component from a third-party supplier. Production halted as of May 18, the day after Harley-Davidson was notified about the problem by the supplier. The official statement was brief, and offered very little in the way of detail.

Eric Bostrom to Race TTXGP for Brammo at Laguna Seca

Eric Bostrom has signed on to ride the Brammo Empulse RR in the electric motorcycle race at Laguna Seca July 28-29. The race is the final stop on the TTXGP‘s North American series and a joint event with the FIM’s ePower series. The AMA racing veteran will join Steve Atlas to represent Team Icon Brammo at Laguna Seca.