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Polaris Reports Q3 2012 Results

Polaris reported a record third quarter including a 78% year-on-year increase in on-road vehicle sales, most of which is from Victory Motorcycles. According to the Minnesota company’s third quarter report, Polaris recorded a profit of $94.3 million in the three months ended Sept. 30, 2012, compared to a profit of $67.6 million reported in the same quarter of 2011.

2014-2015 Victory Models Recalled for Risk of Engine Seizure

Polaris Industries announced a recall on several 2014 Victory models and the 2015 Gunner because of a manufacturing error that may cause an engine to seize. The recall campaign affects 872 units in the U.S. In addition to the 2015 Victory Gunner, the recall affects the Boardwalk, Cross Country, Cross Country 8-Ball, Hammer 8-Ball, Jackpot, Judge, Ness Cross Country, Vegas 8-Ball and Vision from the 2014 model year.

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.