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Polaris Reports Q1 2012 Results

Polaris 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.

Indian Announces ‘Honoring Heroes’ Incentive Program

Today, Indian Motorcycle announced the Honoring Heroes incentive program which supports North American military personnel. Furthering a “nearly 100 year commitment to Armed Forces,” Indian will give any active, reserve, National Guard, and retired military personnel a $1,000 incentive towards the purchase of any new Indian Chief models. Those who follow Indian Motorcycle news most likely know that the Honoring Heroes program for all U.S.

Vespa Arrives in India

Piaggio has launched its Vespa brand in India, introducing the iconic scooter to the world’s second-largest two-wheeler market. When we think of motorcycle in India, we tend to think of low-cost small displacement motorcycles and scooters. That’s beginning to change with the influx of larger displacement models commonly found in other markets.