2009 Indian Chief Deluxe Cruiser on 2040-motos

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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 Announces Removal of Brake Throttle Override

Today, Indian Motorcycle Product Director, Gary Gray, told us that, because of feedback from journalists and the riding public, effective immediately, the Brake Throttle Override (BTO) system developed to prevent unintended acceleration in its ride-by-wire throttle system will not be installed on any of the 2015 Indian models. Additionally, owners of a current Indian who wish to have the BTO disabled on their motorcycle can simply take it to an Indian dealer to have its ECU flashed with the new software. Although the BTO has been present on all Indian models since their release last year, we first noticed its effects on a group ride at the Roadmaster’s introduction.

Polaris Reports Increased Results for Both Fourth Quarter and Full Year

  For 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.