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Polaris Reports Q1 2012 Results
Wed, 18 Apr 2012Polaris Industries reported a 44% increase in on-road vehicle sales revenue and a 40% increase in North American Victory Motorcycle unit sales over the first quarter of 2012. According to Polaris’ first quarter report, its on-road vehicle division (which consists of the Victory and Indian motorcycle brands as well as electric vehicle brands GEM and Goupil) generated $64.7 million in sales revenue, compared to $44.9 million reported in the same quarter of 2011. Of course, the Polaris didn’t yet own Indian, GEM or Goupil during that quarter last year, so the figures are a bit misleading.
All 50 States Ranked For Highest Motorcycle Ownership Per Capita
Tue, 18 Feb 2014In a recent study done ranking each of the 50 states (and the District of Columbia) by motorcycle ownership per capita, South Dakota ranked the best. There are a total of 69,284 motorcycles registered in the state, according to the Department of Transportation, and with a total population of 816,598, when you do the math, there’s roughly 12 people in South Dakota for every motorcycle. Considering South Dakota is the home of the Sturgis rally, its ranking on this list may not be much of a surprise.
India Raises Import Duty on Motorcycles to 75%
Thu, 28 Feb 2013The government of India has laid out its budget for 2013-2014, increasing the import duty for large motorcycles. The news will impact several major manufacturers hoping to gain a stake in the world’s second largest motorcycle market. India has become the hotspot for manufacturers but one of the biggest obstacles they face is the duty India levies on luxury goods.
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