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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 Unleashes Sturgis Event Schedule

Indian’s recently introduced Roadmaster may be stealing all of the headlines, but the motorcycle company isn’t stopping there. The Indian event schedule for 74th annual Sturgis Motorcycle Rally is packed with events designed to capture the attention of Indian owners and possibly create some new Indian owners. As one would expect, Indian will have its entire model line available for the public to lust for and fondle at the Indian Motorcycle Display at 3rd and Lazelle.

Lambretta Licensees Deny Consortium’s Trademark Infringement Claims

Two companies named in the Lambretta Consortium’s claims of trademark infringement say they have legitimate rights to use the Italian scooter brand’s name. Clag International and Motom Electronics Group (MEG) have released a joint statement saying Italian courts have ruled their licenses to use the Lambretta name are valid. The statement was released in response to the Lambretta Consortium’s announcement about taking legal action against unlicensed use of the brand.