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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.

Hero Moto Unveils Leap Hybrid Scooter Concept, Claims 235 MPG

Indian manufacturer and former Honda partner Hero MotoCorp has unveiled a new hybrid scooter prototype at the 2012 Auto Expo in New Delhi. The Hero Leap runs on a series hybrid powertrain with the battery-powered electric motor providing most of the power and the gasoline engine acting as a range extender, charging the battery and supplying power when the battery runs low. Hero claims fuel economy of up to 100 km/l, which translates to an eye-popping 235 mpg.

Indian Motorcycle To Electrify Sturgis With Reveal of 2014 Chief

Indian Motorcycle today released the schedule and additional details of one of the most highly anticipated motorcycling events in decades —the debut of the all-new 2014 Indian Chief.  Two and a half years in the making, the reveal will be a thrilling inauguration to the 73rd Annual Sturgis Motorcycle Rally.  Today’s news follows the company’s announcement that the 2014 Chief, powered by the new Thunder Stroke 111 engine, will start at $18,999. A sneak peek video of the new 2014 Indian Chief is available here. Indian invites all motorcycle riders and enthusiasts to experience a new era in American motorcycling with the public unveiling of the 2014 Indian Chief on Saturday, August 3, at 8 p.m.