Harley Davidson...Inc. is reporting on Monday July 13 after the close They announced this morning the introduction of a new engine: Harley-Davidson Announces New Motorcycle Engine: The 'Twin Cam 88'<HDI.N>
Harley-Davidson Announces New Motorcycle Engine: The 'Twin Cam 88' MILWAUKEE, JULY 10 /PRNewswire/ -- Continuing a tradition of leadership in the heavyweight motorcycle industry, Harley-Davidson (NYSE: HDI) announces the introduction of its new Big Twin engine, the "Twin Cam 88."
The Twin Cam 88, which will debut on many of Harley-Davidson's 1999 motorcycle models, follows Harley-Davidson's very successful "Evolution" motor, which entered production in 1983 and continues in production today.
The Twin Cam 88 shares only 18 common parts with the Evolution engine.
In developing this new engine, the company has remained true to the look, sound and feel of a Harley-Davidson engine, while delivering improved performance and durability. At 1450cc's (88 cubic inches), the Twin Cam 88 is the largest displacement engine Harley-Davidson has ever built. The new design delivers an eight-percent increase in horsepower and a 10-percent increase in torque over the Evolution engine. It also keeps the essential qualities of a classic Harley-Davidson engine -- a 45-degree V-Twin, air-cooled, push rod motor.
Historical performance of HDI after their last earnings report:
DATE OPEN HIGH LOW CLOSE VOLUME
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04/13/98 32.000 32.500 31.625 32.500 319,300
04/14/98 33.500 35.375 33.500 35.125 1,189,600
04/15/98 35.375 36.250 35.375 35.625 811,300
04/16/98 35.562 36.062 35.000 35.937 509,100
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