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BRIEFS
In December , Curtiss Motorcycles announced that it was offering what it described as " a rare collection of electric prototypes " to investors participating in its direct-toinvestor stock-selling campaign . Inspired by the work of original founder and pioneer Glenn H . Curtiss , the prototypes are said to span the key foundational years of the Curtiss team ' s light electric vehicle architectural research and development program , beginning with the 2018 Zeus Concept prototype , the winner of that year ' s " Most Innovative Motorcycle " award at The Quail Motorcycle Gathering . Other prototypes being made available include one-of-a-kind Alpha and Beta validation examples of ' The 1 ' by Curtiss , the company ' s debut model , as well as the very first pre-production unit that currently resides in L . A .' s Petersen Automotive Museum .
Fort Worth , Texas based Tucker Powersports has announced that the company ’ s ownership group has provided additional funding for the company . " In the past 24 months , Tucker has become a leader in electric mobility recreation in the powersports industry and has added several exclusive distribution agreements with companies focused on products for the industry ’ s evolving customer base . The funding will support Tucker ’ s current operations and projects , driving longterm growth for the company ."
Honda ' s plans to involve itself in the space exploration industry have started to take shape with a research and development contract with the Japan Aerospace Exploration Agency ( JAXA ) for a " circulative renewable energy system " that is designed to supply electricity to maintain the functionality of the living space and various systems on lunar rovers . Based on this contract , Honda will be commissioned by JAXA to first conduct concept studies , then to develop an " early-stage prototype " by the end of the Japanese 2023 fiscal year ( March 31 , 2024 ).
Husqvarna Motorcycles ' partnership with Boise , Idaho clutch specialist Rekluse is set to continue through the 2023 racing season .
Harley Completes Second Year of Hardwire Strategic Plan with " Strong Q4 "
Harley-Davidson says it shipped 34,000 units in Q4 , + 18 % on the yearago period , and 193,500 units in FY2022 , + 3 % on the 2022 full year . In motorcycle retail terms , Harley says North America was down by -12 % for 2022 at 117,100 units , -1 % in EMEA at 30,500 units and + 12 % in Asia Pacific at 27,900 units - Japan was Harley ' s ' Star Market ' in terms of international sales in 2022 . Electric motorcycle shipments were up by 30 % for the full year at 597 units from 461 in 2021 , but following the LiveWire flotation , and contrary to over trend of Harley unit sales , only 69 units were sold in the final quarter of 2022 ( -63 % from 186 units in Q4 / 2021 ). Harley shares leapt to $ 51.33 at the end of the week of release , from $ 44.77 at the start of that week . Counterintuitively , LiveWire shares are staging somewhat of a comeback , having been launched at $ 8.25 on September 27 , sos3 , and briefly flirting with the dizzy heights of $ 9.63 before dropping as low as $ 4.20 by the end of December . They had been rallying through January and closed at $ 6.70 following release of the results . Harley ' s full-year bullet-point highlights cite a diluted EPS of $ 4.96 , up 18 % versus the prior year . It says it grew the combined revenue of HDMC and LiveWire by 9 % behind higher wholesale shipments and improved global pricing realization , achieving 12 % combined operating margin for HDMC and LiveWire - an increase of three points versus prior year " as pricing and productivity offset cost inflation ." HDFS operating income finished down 23 % and in-line with expectations as loss rates normalized throughout the year , and Harley says it completed the aforesaid carve-out and stand-up of LiveWire as a separate public company . For the full year 2023 , Harley says it expects HDMC revenue growth of 4 to
7 % and operating income margin of 14.1 to 14.6 %; HDFS operating income decline of 20 to 25 %; LiveWire motorcycle wholesale units 750 – 2,000 [ bearing in mind that the forecast was to be doing 100,000 units in 2025 ) and operating income loss of $ 115 to $ 125m . Harley expects 2023 capital investments of $ 225 to $ 250m . LiveWire became a separate public company trading on the New York Stock Exchange ( Ticker : LVWR ) on September 27 , 2022 . Following the results , Harley-Davidson had an equity interest in LiveWire Group of approximately 89.4 % [ as opposed to a stated expectation of 70 %].
Harley-Davidson sales revenue and production data … 4th quarter 2022
Income statements in THREE MONTHS ENDED TWELVE MONTHS ENDED $ 1,000s ( except share ) 2022 Q4 2021 Q4 2022 Q4 2021 Q4
Net sales revenue |
$ 918,683 |
$ 803,142 |
$ 4,887,672 |
$ 4,504,434 |
Gross profit |
$ 243,810 |
$ 158,449 |
$ 1,527,873 |
$ 1,299,527 |
Total operating income |
$ 3,713 |
$( 7,307 ) |
$ 909,278 |
$ 823,439 |
Net income |
$ 39,677 |
$ 21,567 |
$ 739,214 |
$ 650,024 |
Diluted earnings per common share |
$ 0.28 |
$ 0.14 |
$ 4.96 |
$ 4.19 |
NET SALES REVENUE |
|
|
|
|
H-D Motorcycles |
$ 666,387 |
$ 542,377 |
$ 3,787,484 |
$ 3,468,689 |
Parts & Accessories |
$ 151,350 |
$ 164,433 |
$ 731,645 |
$ 740,893 |
General Merchandise |
$ 72,547 |
$ 72,720 |
$ 271,107 |
$ 228,011 |
Other |
$ 17,916 |
$ 8,687 |
$ 58,013 |
$ 29,051 |
PRODUCT MIX |
2022 Q4 |
2021 Q4 |
2022 Q4 |
2021 Q4 |
Grand American Touring |
14,558 |
14,476 |
89,849 |
93,961 |
Cruiser |
11,685 |
7,191 |
59,010 |
59,033 |
Adventure Touring |
2,031 |
1,361 |
10,774 |
9,916 |
Sportster / Street |
5,709 |
5,861 |
33,894 |
25,123 |
Total |
33,983 |
28,889 |
193,527 |
188,033 |
RETAIL SALES OF H-D MOTORCYCLES : |
2022 Q4 |
2021 Q4 |
2022 Q4 |
2021 Q4 |
United States |
18,367 |
18,761 |
109,190 |
125,713 |
Canada |
816 |
733 |
7,924 |
8,005 |
EMEA Region |
6,562 |
6,466 |
30,510 |
30,907 |
Asia Pacific Region |
7,532 |
6,794 |
27,905 |
25,020 |
Latin America Region |
557 |
1,032 |
2,922 |
3,652 |
Total |
33,834 |
33,786 |
178,451 |
193,297 |
10 AFTERMARKET MOTO DESIGN - MARCH 2023 www . AMDchampionship . com