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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.

Indian Motorcycle Rolls in to Cleveland for the IMS

This weekend the Progressive International Motorcycle Show (IMS) rolls into Cleveland’s I-X Convention Center this weekend. Following much of the same schedule that was used in the Washington, DC IMS event, Indian Motorcycle will keep the program action-packed for all attendees who visit the Indian display area. As part of Indian’s efforts to support and honor our military, admission to Stars and Stripes Saturday Sponsored by Indian Motorcycle will be free to all military personnel with a valid military ID.

Hero MotoCorp Launches 125cc Ignitor in India

Hero MotoCorp has launched the Ignitor, a 125cc premium model based on the CBF Stunner from former partner turned rival Honda. The Ignitor is one of the final models Hero will produce with technology licensed from Honda, and it is expected to bridge the gap before Hero introduces its own new models (with help from a gentleman named Erik Buell.) Like the Stunner, the Hero Ignitor is powered by a 125cc single-cylinder engine. Both models claim 11hp and 8 ft-lb., but the Ignitor reaches its peak torque at 5000 rpm while the Stunner has to spin up to 6500 rpm.