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Harley-Davidson Hires ex-GM Engineer Federico

Harley-Davidson has hired a former General Motors engineer and executive, most recently recognized for leading the automaker’s internal investigation of its ignition switch fiasco that resulted in a recall of 2.6 million vehicles. Jim Federico retired from GM on May 5 after working in various roles with the company over nearly four decades, most recently as executive director of global vehicle integration. Federico will join Harley-Davidson on June 2 as vice president of engineering.

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.

2013-2014 Harley-Davidson Breakout Recalled for Faulty Fuel Indicators

Harley-Davidson is recalling 2013-2014 Breakout models, including CVO versions, because the fuel level indication system may not be properly reading the correct amounts of fuel. As of this publishing, recalls have been announced by government agencies in Australia and Canada; the National Highway Traffic Safety Administration has not yet posted a recall but U.S.-based members of the Harley-DavidsonForums.com report American dealerships have already started receiving recall bulletins. According to a recall announcement by Transport Canada, some Breakout and CVO Breakout models may run out of fuel despite the fuel and range indicators indicating there is still enough fuel in the tank.