2011 Harley-davidson Flhtcu Ultra Classic Electra Glide Touring on 2040-motos

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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.

Harley-Davidson to Assemble More Models in India

Harley-Davidson is expanding its assembly operations in India, increasing the number of models imported as complete knockdown kits to nine. Harley-Davidson will now assemble the Fat Boy, Fat Boy Special and Heritage Softail Classic in India, joining six models already being assembled in India. The move follows India’s new budget which increases import duties on motorcycles with engines larger than 800cc to 75% from the previous rate of 60%.

Harley-Davidson Sells Test Track to Chrysler

Harley-Davidson has sold its 531-acre private test track in Florida to the Chrysler Group for $7 million. The property, located off of Interstate 75 in Naples, Fla., includes six miles of track including a 2.1-mile straightaway and several buildings. The track was originally built for Ford, with construction completed in 1992.