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Polaris Reports Q1 2013 Results

Polaris Industries reported a 26% increase in net income over the first quarter of 2013, but a 2.9% decline in on-road vehicle sales (comprised almost entirely of Victory and Indian Motorcycles). The company’s first quarter filings report a net income of $75.5 million, up from the $60.1 million reported over the same period in 2012. Much of the increase can be attributed to a 217% increase in net sales from its snowmobile division, spurred in large part by increase in snowfall across many regions of North America.

Our Magnificent seven

Remember to dust your Union Jacks down if you happen to be visiting any Grand Prix this year as we have no less than seven youngsters to cheer on in the junior Moto GP classes. I don’t think we’ve ever had this many ‘yoofs’ in the GP paddock so let’s hope they can do the business and bring an end to our long drought of Grand Prix titles. And that could be soon as Scott Redding is already a hot favourite for the 2011 Moto 2 championship on his Marc VDS Suter machine.

Indian Teases A New Model Announcement

Indian Motorcycles is big on history. So, if recent history is applicable, we expect to see a new Indian model announced tomorrow at the 74th annual Sturgis Rally. The clues are everywhere.