Dunlop sent us a rather brief press release today touting the virtues of carbon fiber. “It’s light. It’s strong. It’s tough. But have you ever seen it roll?” This was followed by a link to the video below on the eve of the new Dunlop Q3 press introduction.
The BMW Group reported a 14.8% increase in motorcycle revenue and a 6.5% increase in unit sales during the quarter ended Sept. 30, 2011.
The German manufacturer sold 28,862 units over the quarter, including 26,312 BMW-branded motorcycles and 2,550 units from its Husqvarna subsidiary. BMW sales were up 7.4% from the 24,493 units sold in the same quarter of 2010. Husqvarna sales were down 1.9% however from the 2,601 units sold in Q3 2010.
As expected, Harley-Davidson reported a net income of $183.6 million over the third quarter ended Sept. 25, 2011, a 106% increase from the $88.8 million reported in the same quarter of 2010.
Harley-Davidson reported sales revenue of $1.23 billion, a 13.4% increase from the $1.09 billion reported in the same quarter of 2010. Operating income from sales totaled $180.7 million, a year-on-year increase from $101.5 million.
Polaris Industries announced another record quarter with sales growth across all its product lines including on-road vehicle sales which consist mainly of Victory Motorcycles and Indian Motorcycles.
The Medinia, Minn., company reported $67.6 million in net income for the third quarter ended Sept. 30, 2011, a 43% increase from the $47.2 million reported in the same quarter of 2010. Overall sales brought in $729.9 million, a 26% increase from Q3 2010′s $580.1.
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. economy.
Harley will release its Q3 2011 results tomorrow, October 18.
Source: Forbes.com
