That's right, it seems it's confirmed that a Harley Davidson 500cc motorcycles is a reality and indeed in final development stages. Moreover, it could be possibly built here in India. This could possibly be related to a cruiser spied sometime back on Delhi-Jaipur Highway.
Here's the full news:
Harley developing 500cc model - Motorcycle news: New bikes - Visordown
Here's the full news:
Harley developing 500cc model - Motorcycle news: New bikes - Visordown