15/11/2011 | By:

Suzuki reported its second consecutive profitable quarter from its motorcycle division, following  11 consecutive quarters in the red.

For the quarter ended Sept. 30, 2011, Suzuki raked in 62.3 billion yen (US$808.5 million) from motorcycle sales, compared to the 61.4 billion yen (US$796.8 billion) reported in the same period last year. Operating income for the quarter totaled 400 million yen (US$5.2 million), an improvement from the 300 million yen (US$3.9 million) profit reported in the first quarter. By comparison, the total 700 million yen (US$9.1 million) operating income reported this year is a big improvement from the 4.1 billion yen (US$53.2 million) loss reported in the first half last year.

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31/10/2011 | By:

Honda reports a 20.0% year-on-year increase in motorcycle and ATV sales over the second quarter ended Sept. 30, 2011. Despite a record second quarter for motorcycle sales, Honda saw a drop in net profit due to struggling auto sales and the aftereffects of the Japanese earthquake in March and flooding in Thailand.

According to its second quarter 2011-2012 report, Honda sold 3.28million motorcycles, a new second quarter record. By comparison, Honda sold 2.73 million motorcycles in the same quarter last year.

Motorcycles generated 38.9 billion yen (US$498.7 million) in operating income, a 29.6% increase from the same quarter last year. Despite the strong performance from its motorcycle division, Honda saw a 55.5% drop in net income, taking in 60.4 billion yen (US$774.3 million) over the quarter, compared to 135.4 billion yen (US$1.74 billion) reported last year. Honda attributes the decrease to parts shortages created by the March earthquake and tsunami, as well as a strong yen.

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19/07/2011 | By:

Polaris Industries reported a 99% increase in on-road vehicle (i.e. Victory Motorcycles) sales, and a 90% increase in overall net income over the second quarter of 2011.

For the quarter ended June 20, 2011, Polaris reported $30.9 million in product sales from its on-road division which consists primarily of Victory Motorcycles. That is nearly double the $15.5 million reported in the same quarter of 2010.

Victory’s North American unit sales were up 40% over the second quarter, while the rest of the heavyweight cruiser and touring industry saw only a single-digit increase in U.S. sales. Sales outside of North America increased by 34%.

Overall, Polaris reported all-time record second quarters in both sales ($607.9 million) and net income ($48.7 million).

[Source: Polaris]

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19/07/2011 | By:

Harley-Davidson reported a net income of $190.6 million over the second quarter of 2011, thanks to the first year-on-year quarterly improvement in the U.S. market in nearly five years.

For the three months ended June 26, 2011, Harley-Davidson’s operating income totaled $301.9 million, a 38.0% increase from the $218.8 million reported in the same period of 2010. The increase can be attributed to an 18.0% increase in motorcycle sales revenue and a decrease in expenses from Harley-Davidson Financial Services.

Worldwide retail sales of Harley-Davidson motorcycles totaled 83,396 units, a 5.6% increase from the second quarter of 2010. U.S. sales totaled 53,599 units, a 7.5% increase from the 49,841 units sold in 2010. This represents Harley-Davidson’s first year-over-year quarterly increase in the U.S. since the fourth quarter of 2006.

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