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Duhamel Wins FIM e-Power/TTXGP Race at Le Mans

Miguel Duhamel can put another victory on his already-impressive resume after winning his first ever electric motorcycle race, taking the checkered flag in the FIM e-Power/TTXGP race at France’s Le Mans circuit. Riding for Lightning-Barracuda, Duhamel took the checkered flag by edging Muench Racing’s Mattias Himmelmann in the eight-lap race by 1.929 seconds. Duhamel started on the pole but it was Himmelmann who took the early lead.

Polaris Reports Q2 2013 Results

Polaris Industries reports a 11.8% increase in net sales and a 14.6% increase in profit over the quarter ended June 30, 2013. The company earned a record $80 million in profit in the quarter, compared to $69.8 million in the same quarter last year. Most of the gains however were from Polaris’ off-road vehicles, its GEM, Goupil and Aixam small vehicles and sales of parts, garments and accessories including Klim apparel.

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.