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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.

Results of FIM e-Power/TTXGP Race at Oschersleben

Team Zongshen rider Yu Tang came through in a surprise win in Sunday’s FIM e-Power International Championship event at Oschersleben. After teammate Ho Chi Fung’s respectable third place in Saturday’s three-lap sprint, Tang found himself on the highest step of the podium after favorites, and Munch Racing teammates, Matthias Himmelmann and Katja Poensgen experienced mechanical trouble. The Zongshen rider took the chequered flag at the end of the ten-lap race ahead of Udo Reichmann (Reichmann Racing-Mavizen) and Christian Amendt (epo-Bike).  The early part of the race saw Matthias Himmelmann in front as expected, as he set a blisteringly fast lap of 1’37.771 in warm-up.

Polaris Reports Q1 2014 Sales Results

Polaris Industries reported a 52% increase in motorcycle revenues over the first quarter of 2014, thanks in large part to the addition of Indian Motorcycles. Motorcycle sales generated $78.9 million in sales revenue for Polaris, compared to $51.8 million in the same quarter last year. The key thing to remember however, is Indian Motorcycles wasn’t relaunched until late summer, so last year’s first quarter sales were made up almost entirely of Victory Motorcycles.