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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.

AMA Pro Racing Announces Basic Twins Flat Track Class for 2014 Season

AMA Pro Racing announced a new class for Flat Track racing designed to provide a new stepping stone for up-and-coming Pro-licensed racers, replacing the Pro Singles class in 2014. The new class, to be called Basic Twins, is more or less a revival of the Basic Expert Twins division that ran during the 2007 and 2008 seasons, but dropped when the Pro Singles class was introduced for 2009. The new class will give young racers a chance to showcase their skills on Twins, easing their transition to eventually enter the Grand National Expert Twins class.

US Motorcycle Sales First Half 2011 Results

The U.S. motorcycle industry saw a 4.6% decrease in year-on-year sales over the first six months of 2011, thanks mostly to a 17.3% drop in ATV sales. Motorcycle and scooter sales however saw a 1.7% bump in the first half .