Harley-Davidson 3rd Quarter Earnings and Retail Motorcycle Sales Rise Sharply

22 10 2013

EPS Climbs 23.7% on 7.5% Revenue Growth

Retail Motorcycle Sales Rise 15.5% Worldwide, 20.1% in the U.S.

MILWAUKEE, WI – October 22, 2013 – (Motor Sports Newswire) – Harley-Davidson, Inc. (NYSE: HOG) earnings and dealer new motorcycle sales rose sharply in the third quarter of 2013, compared to the year-ago period.

Diluted earnings per share increased 23.7% to $0.73, primarily on strong operating results in the motorcycles segment, including higher motorcycle shipments and gains in plant operating efficiencies, compared to the year-ago period. Third-quarter net income was $162.7 million on consolidated revenue of $1.34 billion, compared to net income of $134.0 million on consolidated revenue of $1.25 billion in the year-ago period.

Worldwide retail sales of new Harley-Davidson motorcycles increased 15.5% in the quarter, including a 20.1% increase in the U.S., compared to last year’s third quarter.

Through nine months, Harley-Davidson net income was $658.6 million on consolidated revenue of $4.71 billion, compared to net income of $553.3 million on consolidated revenue of $4.41 billion in the year-ago period. Nine-month 2013 diluted earnings per share were $2.93, up 22.1% compared to $2.40 in the year-ago period.

“Harley-Davidson had a great third quarter, with strong financial performance and retail sales growth,” said Keith Wandell, Chairman, President and Chief Executive Officer of Harley-Davidson, Inc.

“Rider response to the 2014 motorcycles we introduced August 18 was extremely positive. In fact, initial retail sales of the new Project Rushmore motorcycles sparked the largest year-over-year new model year sales increase in two decades. We also capped our year-long 110th Anniversary celebration in late August when throngs of riders joined us in Milwaukee from around the world for a huge three-day party like only Harley-Davidson can throw.

“Everyone at Harley-Davidson is proud of our accomplishments and results so far this year, as we continue to see the benefits of our manufacturing, product development and retail strategies. Our employees, dealers and suppliers come to work every day with a relentless focus on providing our customers a great experience,” Wandell said.

Retail Harley-Davidson Motorcycle Sales
Dealers worldwide sold 70,517 new Harley-Davidson motorcycles in the third quarter of 2013, compared to 61,053 motorcycles in the year-ago quarter. In the U.S., dealers sold 48,529 new Harley-Davidson motorcycles in the quarter, up 20.1%, compared to sales of 40,402 motorcycles in the year-ago period. In international markets, dealers sold 21,988 new Harley-Davidson motorcycles during the third quarter, up 6.5% compared to 20,651 motorcycles in the year-ago period, with unit sales up 10.0% in the Asia Pacific region, 1.6% in the EMEA region, 15.6% in the Latin America region, and 7.0% in Canada.

Retail sales were driven by strong double-digit growth in the sale of touring motorcycles following the third-quarter launch of the Company’s Project Rushmore line of revamped motorcycles.

Through nine months, dealers sold 214,964 new Harley-Davidson motorcycles worldwide, compared to 206,444 motorcycles in the year-ago period, with retail unit sales up 4.1% in the U.S., 11.3% in the Asia Pacific region, 20.1% in the Latin America region and 3.7% in Canada, and down 2.2% in the EMEA region, compared to the first nine months of 2012.

Harley-Davidson Motorcycles and Related Products Segment Results
Third-Quarter Results: Operating income from motorcycles and related products grew 21.2% to $175.5 million in the third quarter of 2013, compared to operating income of $144.8 million in the year-ago period. Operating income in the quarter benefited from higher motorcycle shipments, higher gross margin and lower restructuring expense, compared to the prior-year period.

Revenue from motorcycles grew 10.7% to $857.0 million, compared to revenue of $774.0 million in the year-ago period. The Company shipped 54,025 motorcycles to dealers and distributors worldwide during the quarter, in line with shipment guidance and a 2.3% increase compared to shipments of 52,793 motorcycles in the year-ago period.

Revenue from motorcycle parts and accessories was $250.2 million during the quarter, up 7.0%, and revenue from general merchandise, which includes MotorClothes® apparel and accessories, was $66.1 million, down 12.6%, compared to the year-ago period.

Gross margin was 35.3% in the third quarter of 2013, compared to 34.7% in the third quarter of 2012. Third-quarter operating margin from motorcycles and related products was 14.9%, compared to operating margin of 13.3% in last year’s third quarter.

Nine-Month Results: Through nine months the Company shipped 213,853 motorcycles to dealers and distributors worldwide, a 6.6% increase compared to the year-ago period. Nine-month revenue from motorcycles grew 9.8% to $3.29 billion, revenue from parts and accessories increased 0.8% to $703.8 million and revenue from general merchandise decreased 2.4% to $220.0 million, compared to the first nine months of 2012. Gross margin through nine months was 36.4% and operating margin was 19.2%, compared to 35.6% and 16.8% respectively in the year-ago period.

Financial Services Segment Results
Operating income from financial services was $76.1 million in the third quarter of 2013, a 5.1% increase compared to operating income of $72.4 million in last year’s third quarter. Financial services results reflect higher net interest income. Through nine months, operating income from financial services was $221.8 million, compared to operating income of $221.7 million through nine months in 2012.

Guidance
Harley-Davidson continues to expect to ship 259,000 to 264,000 motorcycles to dealers and distributors worldwide in 2013. The Company continues to expect full-year 2013 gross margin of 35.25% to 36.25%. The Company also continues to expect capital expenditures of $200 million to $220 million in 2013.

Restructuring
In the third quarter, the Company incurred restructuring charges of $0.6 million. Harley-Davidson continues to expect restructuring activities initiated since 2009 to result in one-time overall costs of approximately $485 million, including approximately $3 million in 2013. The Company continues to expect savings of approximately $305 million in 2013 from restructuring activities initiated since 2009, rising to annual ongoing savings of approximately $320 million beginning in 2014.

Income Tax Rate
Through nine months, the Company’s effective tax rate was 34.3%, compared to 35.3% in the year-ago period. The lower effective tax rate in the first nine months of 2013 was primarily driven by the retroactive reinstatement of the Research and Development Tax Credit and a third-quarter adjustment to the valuation allowance on deferred tax assets. The Company now expects its full-year 2013 effective tax rate will be approximately 34.7%.

Cash Flow
Cash and marketable securities totaled $1.15 billion at the end of the third quarter, compared to $1.93 billion at the end of last year’s third quarter. During the first nine months of 2013, Harley-Davidson generated $825.1 million of cash from operating activities, compared to $712.5 million in the year-ago period. On a discretionary basis, the Company repurchased 1.6 million shares of Harley-Davidson, Inc. common stock during the third quarter of 2013 at a cost of $92.8 million. In the third quarter, there were 223.5 million diluted weighted average common shares of Harley-Davidson stock outstanding, compared to 228.0 million shares in the year-ago period. At the end of the third quarter of 2013, there were 11.0 million shares remaining on board-approved share repurchase authorizations.

Company Background
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Harley-Davidson Motor Company produces heavyweight custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. Harley-Davidson Financial Services provides wholesale and retail financing, insurance, extended service and other protection plans and credit card programs to Harley-Davidson dealers and riders in the U.S., Canada and other select international markets. For more information, visit Harley-Davidson’s website at www.harley-davidson.com.

Conference Call and Webcast Presentation
Harley-Davidson will discuss third-quarter results on a Webcast at 8:00 a.m. CT today. The Webcast presentation will be posted prior to the call and can be accessed at http://investor.harley-davidson.com/. Click “Events and Presentations” under “Resources.” The audio and visual support for today’s call will be available at Harley-Davidson.com. The audio can also be accessed until November 6 by calling (404) 537-3406 or (855) 859-2056 in the U.S. The PIN number is 69184133#.

Forward-Looking Statements
The Company intends that certain matters discussed in this release are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company “believes,” “anticipates,” “expects,” “plans,” or “estimates” or words of similar meaning. Similarly, statements that describe future plans, objectives, outlooks, targets, guidance or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated as of the date of this release. Certain of such risks and uncertainties are described below. Shareholders, potential investors, and other readers are urged to consider these factors in evaluating the forward-looking statements and cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are only made as of the date of this release, and the Company disclaims any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

The Company’s ability to meet the targets and expectations noted depends upon, among other factors, the Company’s ability to (i) execute its business strategy, (ii) adjust to fluctuations in foreign currency exchange rates, interest rates and commodity prices, (iii) manage through inconsistent economic conditions, including changing capital, credit and retail markets, (iv) implement and manage enterprise-wide information technology solutions, including solutions at its manufacturing facilities, and secure data contained in those systems, (v) anticipate the level of consumer confidence in the economy, (vi) continue to realize production efficiencies at its production facilities and manage operating costs including materials, labor and overhead, (vii) manage production capacity and production changes, (viii) manage changes and prepare for requirements in legislative and regulatory environments for its products, services and operations, (ix) provide products, services and experiences that are successful in the marketplace, (x) manage risks that arise through expanding international operations and sales, (xi) manage the credit quality, the loan servicing and collection activities, and the recovery rates of HDFS’ loan portfolio, (xii) successfully implement with its labor unions the agreements that it has executed with them that it believes will provide flexibility and cost-effectiveness to accomplish restructuring goals and long-term competitiveness, (xiii) effectively execute the Company’s restructuring plans within expected costs and timing, (xiv) manage supply chain issues, including any unexpected interruptions or price increases caused by raw material shortages or natural disasters,(xv) develop and implement sales and marketing plans that retain existing retail customers and attract new retail customers in an increasingly competitive marketplace, (xvi) adjust to healthcare inflation and reform, pension reform and tax changes, (xvii) retain and attract talented employees, (xviii) manage the risks that our independent dealers may have difficulty obtaining capital and managing through changing economic conditions and consumer demand, (xix) continue to have access to reliable sources of capital funding and adjust to fluctuations in the cost of capital, (xx) continue to develop the capabilities of its distributor and dealer network, and (xxi) detect any issues with our motorcycles or manufacturing processes to avoid delays in new model launches, recall campaigns, increased warranty costs or litigation.

In addition, the Company could experience delays or disruptions in its operations as a result of work stoppages, strikes, natural causes, terrorism or other factors. Other factors are described in risk factors that the Company has disclosed in documents previously filed with the Securities and Exchange Commission.

The Company’s ability to sell its motorcycles and related products and services and to meet its financial expectations also depends on the ability of the Company’s independent dealers to sell its motorcycles and related products and services to retail customers. The Company depends on the capability and financial capacity of its independent dealers and distributors to develop and implement effective retail sales plans to create demand for the motorcycles and related products and services they purchase from the Company. In addition, the Company’s independent dealers and distributors may experience difficulties in operating their businesses and selling Harley-Davidson motorcycles and related products and services as a result of weather, economic conditions or other factors.

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Harley-Davidson

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Announcing BikeBandit.com AMA Vintage Motorcycle Days

9 05 2013

Special promotion at July 19-21 event will see a BikeBandit.com gift card given away every 10 minutes

PICKERINGTON, OH – May 9, 2013 – (Motor Sports Newswire) – The American Motorcyclist Association is pleased to announce that BikeBandit.com, the country’s leading online source for motorcycle parts, gear and accessories, is the title sponsor for the 2013 BikeBandit.com AMA Vintage Motorcycle Days, set for July 19-21 at Mid-Ohio Sports Car Course in Lexington, Ohio.

2013 Bikebandit Vintage MC Days“Vintage bike owners have a passion for keeping cool older bikes on the road, and they know that BikeBandit.com has everything they need to do just that: from OEM parts and accessories for all makes and models to gear with modern protection and vintage flair from the best brands,” said Kailin Terrill, BikeBandit.com’s marketing director. “We’re psyched to fuel that passion as the title sponsor of BikeBandit.com AMA Vintage Motorcycle Days.”

A significant benefit of BikeBandit.com’s sponsorship will be a special giveaway drawing for AMA Vintage Motorcycle Days attendees. Every hour, from noon Friday to noon Sunday, six BikeBandit.com gift cards will be awarded at the AMA tent — the equivalent of a gift card every 10 minutes. Winners of AMA Vintage No. 1 plates in the roadracing, motocross, hare scrambles and trials competitions will also receive special BikeBandit.com gift cards.

“AMA members know BikeBandit.com for the company’s reputation for service and fast shipping, plus longstanding special savings on parts and accessories only for AMA members,” said AMA Director of Communications and Marketing Grant Parsons. “It’s great to have BikeBandit.com expand that support to the country’s premier celebration of vintage bikes and the people who love them at AMA Vintage Motorcycle Days. BikeBandit.com makes a great event even better,” Parson said.

With proceeds supporting the AMA Motorcycle Hall of Fame, AMA Vintage Motorcycle Days is the country’s premier celebration of vintage motorcycles and motorcycling heritage. In addition to the AMA Classic Field Meet Challenge, the event includes amateur national championship roadracing, demo rides of current street and off-road motorcycles, motocross, hare scrambles, trials and dirt-track in vintage classes. The weekend also features North America’s largest motorcycle swap meet, bike shows and seminars on a number of topics by noted motorcycling experts.

For a limited time, AMA members can call (800) 262-5646 for advance discounted tickets ($25 single-day/$45 weekend, with no convenience charge). But hurry! These prices are only good through Memorial Day weekend. Non-AMA members, please visit www.midohio.com or call (800) 643-6446 for tickets.

About the American Motorcyclist Association

Founded in 1924, the AMA is a not-for-profit member-based association whose mission is to promote the motorcycle lifestyle and protect the future of motorcycling. As the world’s largest motorcycling rights and event sanctioning organization, the AMA advocates for riders’ interests at all levels of government and sanctions thousands of competition and recreational events every year. The AMA also provides money-saving discounts on products and services for its members. Through the AMA Motorcycle Hall of Fame in Pickerington, Ohio, the AMA honors the heroes and heritage of motorcycling. For more information, visit www.americanmotorcyclist.com.

About BikeBandit.com

BikeBandit.com is the web’s largest power sports store with more than 8 million factory fresh motorcycle and ATV parts online, including OEM parts from all the major manufacturers, plus a huge number of hard-to-find motorcycle parts, motorcycle accessories, motorcycle tires, motorcycle helmets, motorcycle gloves, motorcycle boots, motorcycle GPS systems, motorcycle jackets, and more.

AMA-#2

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Harley-Davidson Celebrates ‘Women Riders Month’ With Nationwide Search For Top Stories Of Female Independence

2 05 2013

MILWAUKEE, WI – May 2, 2013 – (Motor Sports Newswire) – As Harley-Davidson’s year-long, global 110th Anniversary Celebration rolls on, the company continues to highlight the independent spirits that have fueled the brand for more than a century. In May, Harley-Davidson will shine its headlight on women riders as part of the fifth annual Women Riders Month.

There’s never been a glass ceiling for women when it comes to Harley-Davidson, as female riders have been an integral part of the family since the company’s early days. In fact, dozens of female Harley riders have blazed historic trails, including the mother and daughter team of Avis and Effie Hotchkiss who in 1915 crossed America – twice – on a three-speed V-Twin Harley-Davidson with a sidecar.

Next month, Harley-Davidson is engaging its fans around the world to uncover modern day stories of independent women like Avis and Effie Hotchkiss , who embody freedom, self-expression and rebellion.  From May 1 to May 15, 2013, fans are encouraged to share stories of incredible women riders through a crowd-sourcing application called “Fan Machine” on Harley-Davidson’s Facebook page (www.Facebook.com/harley-davidson). Submitted stories should highlight how these women riders have unleashed their inner rebel as well as inspired other women to do the same.

“Our brand unites independents from all walks of life,” said Claudia Garber , Director of Women’s Outreach Marketing for Harley-Davidson. “There are thousands of women who have taken to life on two wheels…and they all have a story to tell.  These stories are not only the lifeblood of the Harley-Davidson experience, but are instrumental in inspiring other women to live out their own dreams.”

The top 10 fan submissions will be featured on Harley-Davidson’s Facebook page and other social media channels, as well as the official Web site (www.harley-davidson.com/women). Each winner will also receive a $200 Harley-Davidson gift card and Harley-Davidson merchandise.

Women interested in riding are encouraged to visit the updated Women Riders section of the Harley-Davidson Web site at www.harley-davidson.com/womenriders. The site features tools designed to help women in their journey toward riding, including information on local Women Riders Month events planned throughout May across the country.

About Harley-Davidson Motor Company

Harley-Davidson Motor Company produces heavyweight custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. For more information, visit Harley-Davidson’s website at www.harley-davidson.com.

SOURCE: Harley-Davidson

Harley-Davidson

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Penske Logistics Wins Bid to Operate BMW of North America Parts Distribution Center

1 05 2013

READING, PA – April 30, 2013 – (Motor Sports Newswire) – Penske Logistics announced it has been awarded the contract to be the operational manager of the BMW of North America, LLC parts distribution center in Nazareth, Pa.  Financial terms were not disclosed. Under the agreement, Penske Logistics will provide a trained labor force for the aftersales warehousing and fulfillment facility that currently supplies automotive parts, motorcycle parts, and lifestyle items for distribution to BMW Group dealerships in North America.

“We are pleased to further expand our existing relationship with BMW,” said Penske Logistics President Marc Althen . “We are collaborating closely to ensure a smooth transition of the operations and in welcoming the employees into our organization.”

Penske Logistics will begin operational management of the 875,000 square foot facility starting July 1. Employment continuity will be offered to the employees at the facility. In addition, Penske has worked with both BMW NA and UAW Local 2326 leadership to reach a labor agreement for the unionized workforce at the site and a transition plan for the workers.

“We are very pleased to expand our current relationship with Penske Logistics” said Lawrence Demski , Department Head, BMW of North America Parts Logistics.  “We are confident this global company will deliver world class performance at our largest parts distribution center in North America serving BMW, MINI, Rolls-Royce, and BMW Motorrad.”

About Penske Logistics

Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to leading companies around the world. Penske Logistics delivers value through its design, planning and execution in transportation, warehousing and freight management. To learn more visit www.PenskeLogistics.com. Connect with Penske Logistics on social media: Move Ahead Blog, Facebook, Twitter, LinkedIn, Google+ and YouTube.

About BMW Group In North America

BMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of Motor Cars; DesignworksUSA, a strategic design consultancy in California; a technology office in Silicon Valley and various other operations throughout the country.  BMW Manufacturing Co., LLC in South Carolina is part of BMW Group’s global manufacturing network and is the exclusive manufacturing plant for all X5 and X3 Sports Activity Vehicles and X6 Sports Activity Coupes. The BMW Group sales organization is represented in the U.S. through networks of 338 BMW passenger car and BMW Sports Activity Vehicle centers, 139 BMW motorcycle retailers, 117 MINI passenger car dealers, and 34 Rolls-Royce Motor Car dealers.  BMW (US) Holding Corp., the BMW Group’s sales headquarters for North America, is located in Woodcliff Lake, New Jersey.

SOURCE: Penske Logistics

PENSKE TRUCK LEASING LOGO

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BikeBandit.com Launches New YouTube Video Channel

10 10 2012

SAN DIEGO, CA – October 9, 2012 – (Motor Sports Newswire) – BikeBandit.com, the largest online source for ATV and motorcycle OEM parts, is pleased to announce they have launched a new and improved YouTube video channel (http://www.youtube.com/user/partsbandit) now featuring in-depth reviews of products and parts.

“We now have a constant flow of helpful and unique product videos that are made in house by BikeBandit.com employees,” said a BikeBandit.com representative. “We’ve completely revamped our videos and are now producing about ten videos a week.”

The channel has already attracted a growing online audience of people on every continent who are interested in motorcycles and ATVs, and has provided them with the opportunity to see and experience the best new motorcycle apparel and gear. BikeBandit.com posted its first video in January of 2009, and since then has garnered almost one million video views. The channel is now firing up in earnest with brand new videos from manufacturers as well as the BikeBandit.com staff.

Current “how-to” videos on the BikeBandit.com YouTube channel include tips on choosing the right Dunlop Geomax tire, a Galfer Sportbike brake pads installation guide, Clymer motorcycle repair manuals, Joe Rocket motorcycle apparel videos, and much more.

“Our customers asked for more in-depth product reviews, and or staff came through with flying colors,” said the BikeBandit.com representative. “Viewers are going to start to see a lot more videos with product information, helpful how-to videos, and other useful videos regarding motorcycles, dirt bikes, and ATVs.”

The BikeBandit.com channel currently hosts more than 250 uploaded videos, which are available for viewing everywhere. For more information, visit http://www.bikebandit.com/ or to view new BikeBandit.com videos, visit their YouTube page at http://www.youtube.com/user/partsbandit.

About BikeBandit.com:
BikeBandit.com is the web’s largest power sports store with more than 8 million factory fresh motorcycle and ATV parts online, including OEM parts from all the major manufacturers, plus a huge number of hard-to-find motorcycle parts, motorcycle tires, motorcycle accessories, motorcycle helmets, motorcycle gloves, motorcycle GPS systems, motorcycle jackets, and more.

SOURCE: BikeBandit.com

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CycleTrader.com Announces Fast Deals, Offering 50% Off Motorcycle Parts, Gear & Accessories

4 11 2011

The nation’s leading powersports marketplace launches new motorcycle deals service offering consumers huge discounts

Norfolk, VA – November 04, 2011 – (Motor Sports Newswire) – CycleTrader.com, the nation’s leading powersports marketplace and a division of Dominion Enterprises, will soon launch Fast Deals, offering consumers at least 50% off motorcycle parts, gear and accessories. Motorcycle enthusiasts who register will start receiving weekly email deals in early November. Fast Deals will be emailed to each registered user’s inbox and will be available for purchase for seven days.

Fast Deals are perfect for motorcycle enthusiasts who are fixing up a bike, buying gear for their motorcycle, or purchasing a gift for a friend who rides. Paige Bouma, sales development manager for CycleTrader.com, said, “This exciting new consumer offering will provide a valuable service to our loyal fans, allowing motorcycle enthusiasts to receive the products they want at an unbelievable price—in this economy, every dollar we can save our customers matters.”

Motorcycle owners who sign up now will be one of the first groups to receive CycleTrader’s Fast Deals, powered by Sold.com e-commerce solutions. Merchants interested in advertising their deals should contact scott(dot)volmer(at)cycletrader(dot)com or call (866) 476-3022.

About CycleTrader.com
Cycle Trader is the leading powersports marketplace connecting buyers and sellers to new and used motorcycles, ATVs, PWCs, and snowmobiles. With more than 160,000 vehicles available, Cycle Trader offers the widest selection of powersports vehicles online. Visit http://CycleTrader.com.

About Sold.com
Sold.com is a daily coupon service that provides exceptional, discounts to consumers on exciting products and services. For customers, Sold.com provides a way to save money while finding, exploring and taking advantage of new opportunities. For merchants, Sold.com is strategic way to increase brand awareness and market share through structured deals that attract new customers and build volume through repeat business. For additional information, visit http://sold.com.

About Dominion Powersports Solutions
Dominion Powersports Solutions, headquartered in Norfolk, VA, is a leading network of world-class business solutions for powersports dealers. Dominion Powersports Solutions’ products include CycleTrader.com, the nation’s leading marketplace for new and used motorcycles; PowerSports Network, the leader in web, e-commerce and mobile solutions for dealerships; Traffic Log Pro, a web-based lead management system; ZiiOS, a cloud dealer management system; and Dominion Insights, a business analytics tool for dealerships and manufacturers.

Dominion Powersports Solutions is a division of Dominion Enterprises, a leading marketing services and publishing company serving the automotive, recreational and commercial vehicle, real estate, apartment rental, employment, parenting, travel, and daily deals industries. Headquartered in Norfolk, Va., with 3,300 employees nationwide, the company provides a comprehensive suite of technology-based marketing solutions, more than 60 market-leading websites, and 280 magazines. For more information, visit http://dominionenterprises.com

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New CVOtm Road Glide® Custom Offers Bagger Bravado

20 07 2011

MILWAUKEE (July 20, 2011) – Harley-Davidson Custom Vehicle OperationsTM  takes bagger swagger to a new level with the 2012 CVO Road Glide®  Custom, a chrome-drenched, shark-nosed beauty that snarls with Screamin’ Eagle authority. This limited-production motorcycle features the most-powerful V-Twin engine offered by Harley-Davidson, an exclusive multi-color paint scheme, a new high-output sound system and a host of fresh custom components. Bombing the boulevard or scorching the highway, the CVO Road Glide® Custom offers an unmatched hot-rod touring experience.

CVO motorcycles are customized using exclusive components and paint treatments combined with premium accessories from the Harley-Davidson Genuine Motor Accessories catalog. The CVO program is often used to introduce new custom components and techniques before they are offered as individual accessories. Harley-Davidson CVO motorcycles are backed by a two-year, unlimited mileage warranty.

The CVO Road Glide Custom features a distinctive, frame-mounted fairing that offers a lighter steering feel than a fork-mounted fairing, and incorporates dual headlamps and a cockpit-style instrument display. Its Harley-Davidson Touring chassis has a single-spar, rigid backbone frame and two-piece swingarm designed to deliver responsive maneuverability and long-haul durability. Chassis geometry and suspension are calibrated to deliver confident handling and comfort. Hand-adjustable hydraulic rear shocks accommodate variable passenger and luggage loads. An Anti-lock Braking System (ABS) and cruise control are standard equipment.

Key CVO Road Glide Custom Features

  • Screamin’ Eagle Twin Cam 110 engine with 110-cid (1803cc), rubber-mounted within the frame, is rated at 122 ft. lbs. of torque at 3750 rpm. The engine is equipped with Electronic Sequential Port Fuel Injection (ESPFI) and Electronic Throttle Control (ETC), and is mated to a 6-speed Cruise Drive transmission.
  • New Heavy Breather engine air intake with a black aluminum cover and bright aluminum “cut back” details over an exposed air filter element.
  • Black billet aluminum muffler end caps with chrome spears on chrome dual exhaust with four-inch touring mufflers.
  • New high-output amplified audio system with 100 watts of power per channel (200 watts total) and MTX Audio two-way, five-by-seven-inch fairing-mount speakers and two-inch dash-mount tweeters. Amplifier is located within the fairing. Harman/Kardon Advanced Audio radio features CD/AM/FM/WB. The system includes an 8GB Apple iPod nano with an etched Bar & Shield logo, iPod radio interface and iPod holder located the right-side saddlebag.
  • New custom two-piece seat with diamond-pattern contrast stitching; thread or cover color-coordinated to motorcycle paint color. Passenger pillion is removable.
  • New black internally wired handlebar with matching black hand controls.
  • New Wind Splitter aerodynamic smoked windscreen.
  • New color-matched, low-profile fuel tank console with illuminated CVO graphic insert.
  • New brushed-nickel Skull fuel tank and fairing medallions.
  • Contrast Chrome Agitator Custom wheels (19-inch front, 18-inch rear) with matching Agitator floating front brake rotors.
  • Rumble Collection features black rubber with brilliant chrome highlights on the rider footboard inserts, passenger footpeg inserts, shifter pegs, brake pedal, and hand grips.
  • Injection-molded, extended hard saddlebags; color-matched rear fascia with LED brake/turn lights.
  • Customer Care package includes a tool kit, microfiber detail cloth and H-D jiffy stand coaster.

The CVO Road Glide Custom will be offered in three custom color schemes, each with a gloss black powdercoat powertrain, a color-matched inner fairing and speedometer/tachometer housing, color-matched upper fork sliders, license plate light cover, and rear fender strut covers.

  • White Gold Pearl and Starfire Black with Real Smoke graphic (Black seat with gold stitching)
  • Maple Metallic and Vivid Black with Real Smoke graphic (Black seat with grey stitching)
  • Candy Cobalt and Twilight Blue with Real Smoke graphic (Brown seat with gold stitching)

The 2012 CVO Road Glide Custom has a suggested U.S. retail price of $30,699. Production will be limited to approximately 2,100 units.

Harley-Davidson Motor Company produces heavyweight custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson  motorcycle parts, accessories, riding gear and apparel, and general merchandise. For more information, visit Harley-Davidson’s Web site at www.harley-davidson.com.

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