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Polaris Reports Q3 2013 Sales Results

Polaris Industries topped the $1 billion mark in sales for the first time in company history during the third quarter. Total sales revenue totaled $1.1 billion in the quarter, up 25.3% from $879.9 million reported in the same quarter last year. “Our record third quarter results reflect both the ongoing demand for our existing products and the potential contained within the initial shipments of our model year 2014 vehicles, the largest new product introduction in the company’s history,” says Scott Wine, chief executive officer of Polaris Industries.

Polaris Acquires French Quadricycle-maker Aixam Mega

Polaris has added another brand to its growing list of acquisitions, buying out Aixam Mega S.A.S., a French manufacturer of light-duty commercial vehicles and quadricycles – small four-wheeled enclosed vehicles that can be driven, in some markets, without an automobile driver’s license. Aixam Mega joins Polaris’ portfolio which already includes Victory Motorcycles, Indian Motorcycles, electric vehicle makers Global Electric Motorcars and Groupil. Like GEM and Groupil, Axiam Mega produces small vehicles, though its products include both electric and diesel-powered vehicles.

Victory Releases MY14 Lineup

Celebrating 15 years of American-made production, Victory Motorcycles unveiled its 2014 lineup today, featuring two new 8-Ball baggers, a $1000 price cut on the High-Ball, a Ness Cross Country and the new Factory Custom paint program. First up, Victory has given its Cross Country and Cross Roads the stripped down 8-Ball treatment – and a stripped down price tag to match. Exposed to their bare bagger bones and painted black, the Cross Country is accessory-free but for its fairing and audio system, while the Cross Roads ditches its Lexan windshield.