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Polaris to Launch Victory in India

Polaris plans to bring its Victory Motorcycles brand to India by the end of the year, says Pankaj Dubey, managing director of Polaris India. “Yes we have decided to launch in the market by the end of 2013,” Dubey tells the Press Trust of India. The American company entered the Indian market in 2012 at the New Delhi Auto Expo.

One and Done: Daytona 200 Winning Project 1 Atlanta Folds

Apparently winning isn’t enough to pay the bills any more, not even if the victory comes at the storied Daytona 200. The 2012 Daytona 200-winning Project 1 Atlanta team has folded after unable to secure funding for the rest of the season. Project 1 Atlanta, and racer Joey Pascarella, stunned AMA Pro Racing fans with a Cinderella story victory at the Daytona 200.

Polaris Reports Q4 2011 Results

Polaris Industries reported a record net profit of $227.6 million for 2011. Polaris’ on-road arm, which consists primarily of Victory Motorcycles saw a 79% year-on-year increase in sales. Sales from on-road vehicles, including Victory and Indian motorcycles as well as small electric vehicles from the newly-acquired GEM and Goupil brands, totaled $146.3 million in 2011, compared to just $81.6 million in 2010.