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Shelved Harley-Davidson Penster Tilting Trike Prototypes Revealed

The Harley-Davidson Museum has pulled the covers off discarded prototypes of a leaning three-wheeled motorcycle developed by The Motor Company. Harley-Davidson commissioned automobile hot rodding legend John Buttera to build the original prototype (pictured above) in 1998. Codenamed the “Penster”, the Trike looks like it could have been an earlier version of the Can-Am Spyder, but it had a tilting front end similar to the Piaggio MP3.

Arlen Ness B-Day Bash At Petersen Museum

On July 12 the Petersen Automotive Museum is throwing a birthday party for one of motorcycling’s customizing icons, Arlen Ness. The B-day celebration will be followed by a V-Twin Cruise-In on July 13 and punctuated by a summer-long exhibit entitled Arlen Ness: Art on Two Wheels. The July 12th birthday party is open to the public and the $95 ticket price puts you in the company of Arlen and other customizing aristocrats and also includes cocktails and dinner.

Forbes Expects Harley-Davidson to Announce Gains for Q3 2011

In anticipation of Harley-Davidson announcing its third-quarter performance in 2011 Forbes.com expects Harley will reveal its third straight quarter of sales growth. The article says that financial analysts expect “earnings of $0.76 per share, up 47.4% from the same quarter of last year.” Additionally, an 18.8% gain in revenues is expected. Interestingly, the article refers to Harley’s motorcycles as “luxury items,” and as such sees Harley’s increased sales and profit as a possible harbinger of an improving U.S.