23/10/2007 by info.

HARLEY-DAVIDSON has announced its results for the third quarter ended September 2007.

Revenue for the quarter was $1.54 billion compared to $1.64 billion in the year ago quarter, a 5.8 percent decrease. Net income for the quarter was $265.0 million compared to $312.7 million, a decrease of 15.3 percent versus the third quarter of 2006. Third quarter diluted earnings per share were $1.07, a 10.8 percent decrease compared to last year’s $1.20. During the third quarter the Company repurchased $509 million of its common stock.

“Harley-Davidson’s third quarter financial results are disappointing but not unexpected. In early September, we announced that we would reduce planned motorcycle shipments for the rest of 2007, and our results for the quarter are consistent with the Company’s revised guidance,” said Jim Ziemer, Chief Executive Officer of Harley-Davidson.

Revenue from Harley-Davidson motorcycles was $1.18 billion, a decrease of $110.7 million or 8.6 percent versus the same period last year. Shipments of Harley-Davidson motorcycles totaled 86,535 units, a decrease of 10,511 units or 10.8 percent compared to last year’s third quarter.

During the third quarter, worldwide retail sales of Harley-Davidson motorcycles decreased 0.2 percent compared to the third quarter of 2006. U.S. retail sales of Harley-Davidson motorcycles decreased 2.5 percent for the quarter. The heavyweight motorcycle market in the U.S. decreased 4.4 percent for the same period.

Retail sales of Harley-Davidson motorcycles grew 8.8 percent in the Company’s international markets during the third quarter of 2007 compared to the third quarter of 2006. Third quarter retail sales increased 10.7 percent in Europe; Canada was down 7.7 percent; and Japan was up 9.1 percent. All other international markets combined were up 20.8 percent.

www.harley-davidson.com

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23/10/2007 by info.

JIMS has released a line of race engines beginning with the 131ci Twin Cam race engine.

The 131ci, which fits into all stock and after market frames, features a 4- 1⁄2 stroke with a bore diameter of 4-5⁄16in. The CNC-ported heads were developed specifically to flow maximum air, and the oil pump is upgraded from the stock H-D unit. A billet cam support plate, which utilizes Harley-Davidson’s new hydraulic cam chain tensioner, is fitted as are the new JIMS Powerglide II hydraulic tappets.

The engines fit Twin Cam Touring and Dyna models, as well as the ‘91-’99 Evolution model.
An additional version of the 131ci motor has been developed which will bolt directly into Evolution style frames of older H-D models.

The range of 131ci engines is complemented by a 120ci Twin Cam race engine for 2000 - 2006 Softail models. The JIMS 120ci is the only race engine available for counter-balanced Softail models. It is claimed to deliver 121hp and 125 ft-lbs of torque.

JIMS thick-walled cases offer greater strength and can support a bore size of up to 4.800. This engine features pressed flywheels, forged pistons, Screamin’ Eagle valve springs, forged 4340 steel connecting rods and the latest JIMS Powerglide II tappets.

As with the 131ci version Jims offers a 120ci Twin Cam engine which will bolt into a frame designed for an Evo.

JIMS USA
Camarillo, California, USA
Tel: 805 482 6913

www.jimsusa.com

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