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Polaris Reports Increased Results for Both Fourth Quarter and Full Year
Wed, 30 Jan 2013For the 2012 year ending December 31, 2012, Polaris Industries, Inc., (NYSE: PII) reported record net income of $4.40 per diluted share, a 38% increase compared to $3.20 per diluted share. For the fourth quarter of 2012 Polaris reported a net income of $1.24 per diluted share, up 38 percent from the prior year’s fourth quarter net income of $0.90 per diluted share. Reported net income for the full year was $312.3 million, up 37 percent from the previous year’s net income of $227.6 million.
Polaris Reveals All-New Indian Thunder Stroke 111 Engine
Mon, 11 Mar 2013Indian Motorcycle revealed its all-new Thunder Stroke 111 engine, the first engine developed under its new Polaris Industries ownership and the powerplant for the 2014 model year. According to Polaris, the Thunder Stroke 111 engine has already undergone over a million miles of testing, including thousands of miles of on-road testing. Polaris deserves some credit for developing an all-new engine for Indian Motorcycle instead of just re-using the 106ci Freedom V-Twin engine used in the current Victory Motorcycles lineup.
Indian Files EFTR Trademark for an Electric Motorcycle UPDATE
Wed, 10 Jun 2020UPDATE (June 12, 2020): An Indian Motorcycle PR representative reached out to comment on this story, explaining that the EFTR will NOT be an electric version of the FTR, but rather a “youth-oriented product” that will be announced later this year. Here’s the full statement from the Indian Motorcycle PR team: “The trademark application upon which Motorcycle.com based a recent story written by Dennis Chung on June 10, is related to a new youth-oriented product that will be unveiled later this year, and is not related to a new electric version of the FTR 1200.” We’re leaving our original story below, but here’s our take on the clarification. The term “youth-oriented product” can mean a lot of things, from children’s balance bikes to mini-bikes like the Honda Monkey to an entry-level motorcycle.
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