MILWAUKEE (WSAU-Wheeler News) Harley-Davidson reports a 22-percent increase in its quarterly earnings. The Milwaukee-based motorcycle company credits sales increases in Europe and the Asian Pacific, strong sales of its new Project Rushmore touring bikes, and more efficient factory operations.
Harley reports a net income of almost $266-million from January through March. That's up from $224-million during the first quarter of 2013. Earnings jumped from 99-cents a share last year to $1.21-per-share in the same quarter of this year.
Harley-Davidson -- with Wisconsin plants in Metro Milwaukee and Tomahawk -- shipped almost 81,000 motorcycles to dealers and distributors int he first quarter. That's 7.3-percent more than a year ago.