Harley-Davidson reported a net income of $247.3 million over the second quarter of 2012, a 29.7% increase from a profit of $190.6 million from the same quarter in 2011.
The Motor Company sold 85,714 motorcycles worldwide in the quarter ended June 30, 2012, a 2.7% year-on-year increase from 83,396 units in 2011. U.S. sales increased at an even higher pace with the 55,761 units sold in the quarter representing a 4.0% increase from last year’s second quarter total of 53,599 units.
Sales were down 9.1% in Europe as the struggling economy generated 14,639 unit sales compared to 16,106 units last year. Sales were also down in Japan with Harley-Davidson selling 2,898 units compared to 3,128 units in 2011. Meanwhile, sales increased 10.0% in the Asia-Pacific region and37.9 in Latin America. Continue Reading »