Tuesday, January 31, 2012
Sudco International Introduces "Big and Small" Marketing Campaign for 2012
Sudco International, one of America's leading distributors of Original Equipment (OEM) quality stock replacement and high performance parts for classic and late model Japanese & European street & dirt Bikes, ATVs and personal watercraft, has just introduced a fun new marketing campaign for 2012. The campaign entitled "Big and Small" features a attractive '60's diner waitress caring a food tray featuring both a "Big and "Small" hamburger order - with the sub headline "Whatever size your order, Sudco always treats you as our most important customer."
"The idea in the marketing campaign is to let dealers and customers know that Sudco really appreciates their orders, no matter what size," explains Jim Gianatsis, creative director and photographer at Gianatsis Design Design Associates who produced the new 2012 marketing campaign for their client Sudco. "There are a few big distributors out there who require huge monthly order volumes, or minimums, if dealers want to buy from them. Sudco just doesn't think that's right, especially in the current economic climate, and for smaller dealers and repair shops who might only need a set of NGK Spark Plugs, an RK Chain, Sudco Piston Kit or a Vesrah Gasket Set to get their customer back on the road. Whatever size the order, it's just as important to Sudco as it is to the dealer."
The Sudco marketing campaign was photographed by Gianatsis, who also shoots the popular FastDates.com Motorcycle PinUp Calendars, with beautiful model, former Miss Teen Utah, Liz Leyda. Look for more pictures from the shoot on the Sudco.com website and in the next edition of the FastDates.com Calendars.
For additional information and to order, contact Sudco direct. Dealers call Sudco for a copy of the Sudco Main Products Catalog featuring a compete line of stock replacement and high performance parts, including Keihin and Mikuni Carburetors, for dirt bikes, street bikes, ATVs and personal watercraft. The Catalog is also available digitally on their website.
Sudco International
2410 South Sequoia Drive
Compton CA 90220
1-310-637-8330
www.Sudco.com.
Major Motorcycle Rallies for 2012
Motorcycle rallies (biker rallies) are simply gatherings of riders and motorcycles at specified times and places usually with attendant vendors, food, games, and other activities.
Motorcycle rallies or biker rallies may last from a day to more than a week. Some major motorcycle or biker rallies are built around organized professional motorcycle races.
Motorcycle rally attendance varied widely from a low of a couple of dozen riders or less to huge organized rallies with hundreds of thousands of riders.
My updated article, Motorcycle Rallies (Biker Rallies) - Major Rallies for Motorcycles, gives basic information about motorcycle rallies. The second page of this article contains my list of the top motorcycle rallies.
The picture shows me raising my arm after I parked my bike on Main Street at the 1993 Sturgis Rally. That was the year of the great Midwest floods.
Monday, January 30, 2012
Polar Bear Grand Tour to The Exchange in Rockaway, NJ
Saturday, January 28, 2012
Three Drifters on Canyon Roads
Motorcycle Pictures of the Week - Pete
Thursday, January 26, 2012
S&P Boosts Ratings For Harley-Davidson
(AP) NEW YORK — Standard & Poor's Ratings Services on Wednesday raised its investment grade long-term corporate credit and senior unsecured ratings for Harley-Davidson Inc. to "BBB+" from "BBB," citing the company's 11 percent jump in motorcycle shipments.
The ratings service also affirmed the Milwaukee-based company's "A-2" short-term rating. Harley's ratings are no longer under review for possible upgrade and the outlook is stable.
On Tuesday, Harley said its worldwide shipments rose 11 percent in 2011, marking its first year-over-year increase after four years of declines.
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Wednesday, January 25, 2012
Polaris Reports Record 2011 Fourth Quarter and Full Year Results
- Fourth quarter 2011 earnings per diluted share increased 15% to a record $0.90 with sales increasing 26% from the year earlier period to a record $782.0 million.
- All product lines experienced increased sales and market share for the full year 2011.
- International sales increased 43% in the fourth quarter 2011 and 39% for full year 2011 despite a volatile European economic environment.
- Full year 2011 earnings per diluted share increased 50% to a record $3.20 with record sales of $2,656.9 million, an increase of 33% from the 2010 full year.
- Full year 2011 gross profit margins improved 130 basis points over 2010.
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 25, 2012-- Polaris Industries Inc. (NYSE:PII) today reported record net income of $0.90 per diluted share for the fourth quarter of 2011, up 15 percent over the 2010 fourth quarter. Net income for the fourth quarter 2011 was a record $63.9 million, an increase of 17 percent over the same period in 2010. Record sales of $782.0 million for the fourth quarter 2011 increased 26 percent over 2010 fourth quarter sales of $618.4 million.
Full Year Results
For the full year ended December 31, 2011, Polaris reported record net income of $227.6 million, or a record $3.20 per diluted share, compared to $147.1 million, or $2.14 per diluted share for the year ended December 31, 2010. This represents a 50 percent increase on a diluted share basis and a 55 percent increase in net income. Sales for the full year 2011 totaled a record $2,656.9 million, an increase of 33 percent compared to sales of $1,991.1 million for the full year 2010.
“Our record fourth quarter results were a fitting ending to a year in which we generated record annual sales and earnings and significantly exceeded our initial expectations. Our top and bottom-line expansion, and the momentum we are sustaining throughout our business, directly results from our focus on driving innovation, enhancing our product offering, reducing costs, and growth through new global markets and adjacencies,” stated Scott Wine, Polaris' Chief Executive Officer. “Specifically, during the year we furthered our leading market share position in off-road vehicles while continuing to gain market share in motorcycles and snowmobiles. Moreover, we introduced over 20 new vehicles, including award-winning products like the RANGER RZR 570 value recreational off-road vehicle, the 800 Pro-RMK snowmobile, and the Victory Cross Country Tour motorcycle. Our operations team managed to meet the increased demand for these vehicles while bringing our new Monterrey manufacturing facility online on time and on budget, driving initial 2011 savings on plan with future projections in line with stated expectations. Building on our surging core businesses, our military and Bobcat adjacencies continue to gain momentum, and we have made considerable progress in expanding our international presence with increased sales in Europe, China, and India. Lastly, we added to our small electric vehicle portfolio with the acquisition of Global Electric Motorcars (GEM) and Goupil Industrie SA, which expands our ability to compete in this fragmented, fast-growing $4 billion market.”
2012 Business Outlook
Wine continued, “The implementation of our strategic initiatives and continued focus on innovation positions us well to realize continued success in 2012. We anticipate further growth and market share gains in our core businesses, while maintaining our focus on expanding our gross and net margins while expanding our investments for future growth and profitability. This motivated and disciplined Polaris team is committed to executing on our strategy in an effort to deliver what we expect to be another excellent year for our shareholders.”
Full year 2012 earnings are expected to be in the range of $3.65 to $3.80 per diluted share, which represents an increase of 14 to 19 percent when compared to full year 2011 earnings. Net income for full year 2012 is also expected to increase in the range of 14 to 19 percent over full year 2011. Sales for full year 2012 are expected to increase five to eight percent over full year 2011 sales, with sales increases projected in each product line and geographic region with the exception of snowmobiles.
Summary of Operations
Off-road Vehicles (“ORV’) sales increased 18 percent during the fourth quarter 2011 from the fourth quarter 2010. This increase reflects continued market share gains for both ATVs and side-by-side vehicles driven by industry leading product offerings and the continued success of the MVP retail go-to-market process. Polaris’ North American ORV unit retail sales to consumers increased mid-teens percent for the 2011 fourth quarter compared to the 2010 fourth quarter, with ATV unit retail sales growing upper single digits percent and side-by-side vehicle unit retail sales increasing about 20 percent over the prior year. North American dealer inventories of ATVs continued to decline, decreasing eight percent from the 2010 fourth quarter and sequentially decreasing six percent from the third quarter of 2011. Side-by-side North American dealer inventories for both the 2011 fourth quarter and sequentially from the 2011 third quarter were up to accommodate the continued strong retail demand. ORV sales outside of North America increased 42 percent in the fourth quarter of 2011 compared to a year ago. The Company continued to be an innovation leader in 2011 with several new ATV and side-by-side vehicles introduced during the year, including the most recent introduction in January 2012 of the high performance RANGER RZR XP4 900 to Polaris’ family of recreational vehicles. The RANGER RZR XP4 900 has all the features of the two seated version of the RZR XP 900 including an 88 horsepower electronic fuel injected twin cylinder engine and 3-link trailing arm independent rear suspension with 12.5 inches of travel, but with the ability to deliver razor-sharp performance and agility for 4 passengers. For the full year 2011, Polaris ORV sales increased 32 percent compared to the prior year.
Snowmobile sales increased 63 percent during the 2011 fourth quarter compared to the prior year’s fourth quarter. The fourth quarter 2011 increase in sales reflects significantly reduced snowmobile dealer inventory levels entering the 2011 - 2012 selling season compared to the prior year resulting in increased orders from dealers, as well as the impact of a shift in shipments of snowmobiles later in the year as the Company chose to ship its snowmobiles closer to expected consumer demand compared to last year. Polaris’ North American snowmobile retail sales to consumers in the 2011 season-to-date period were up high single digits percent over the 2010 season-to-date period despite the lack of snowfall in many parts of the snowbelt regions of the United States. North American dealer inventories of snowmobiles at December 2011 were seven percent higher than the very low levels a year ago. Sales of snowmobiles outside of North America, principally the Scandinavian region, increased 52 percent in the fourth quarter of 2011 compared to a year ago. For the full year 2011, sales of Polaris snowmobiles increased 48 percent compared to the prior year.
Sales of On-Road Vehicles increased 69 percent during the fourth quarter of 2011 when compared to the same period in 2010. On-Road Vehicle sales are comprised of Victory and Indian brand motorcycles, as well as the Company’s small electric vehicles sales of GEM and Goupil. Victory motorcycle North American unit retail sales to consumers increased about 20 percent during the 2011 fourth quarter when compared to a strong 2010 fourth quarter, resulting in continued market share gains. North American dealer inventory of Victory motorcycles increased five percent at December 2011 compared to last year levels as the Company added Victory dealers in 2011. Sales of On-Road Vehicles to customers outside of North America increased 111 percent compared to the prior year’s fourth quarter. The increase in On-Road Vehicle sales outside North America is primarily due to increased sales from Victory motorcycles and the addition of sales from the acquisition of Goupil in the 2011 fourth quarter. For the full year 2011, Polaris On-Road Vehicle sales increased 79 percent compared to the prior year.
Parts, Garments, and Accessories (“PG&A”) sales increased 13 percent during the fourth quarter 2011 compared to the same period last year primarily due to increased ORV, Victory motorcycle and international related PG&A sales. For the full year 2011, Polaris PG&A sales increased 19 percent compared to the prior year.
Gross profit dollars increased 19 percent to $204.3 million for the fourth quarter 2011 compared to $171.5 million for the fourth quarter of 2010 primarily due to higher volume. Gross profit as a percentage of sales was 26.1 percent for the fourth quarter of 2011, a decrease of 160 basis points from 27.7 percent for the fourth quarter of 2010. The decrease in gross profit margin percentage for the 2011 fourth quarter was primarily due to higher commodity prices, as anticipated, unfavorable product mix and negative currency impacts, partially offset by manufacturing realignment savings and continued product cost reduction efforts during the quarter. For the 2011 full year, gross profit as a percentage of sales increased 130 basis points to 27.9 percent.
Operating expenses for the fourth quarter 2011 increased 21 percent to $118.1 million compared to $97.6 million for the fourth quarter of 2010. As a percent of sales, operating expenses decreased 70 basis points to 15.1 percent compared to 15.8 percent for the same period last year. Operating expenses in absolute dollars for the fourth quarter 2011 increased primarily due to incremental investments made in global market expansion and new product development initiatives along with the added operating expenses of the acquisitions made in 2011. Operating expenses, as a percent of sales, decreased due to leverage achieved from the increased sales volume during the quarter. For the 2011 full year, operating expenses, as a percent of sales, decreased 80 basis points to 15.6 percent.
Income from financial services increased 65 percent to $7.0 million during fourth quarter 2011 from $4.2 million in the fourth quarter of 2010 primarily due to increased profitability generated from the retail credit portfolios with Sheffield, GE and HSBC. For the 2011 full year, income from financial services was $24.1 million, a 43 percent increase compared to $16.9 million for the full year 2010.
Interest expense increased to $1.2 million for the fourth quarter 2011 from $0.5 million for the fourth quarter 2010 due to higher interest rates on the long-term senior notes issued in May 2011. For the 2011 full year, interest expense was $4.0 million compared to $2.7 million for the full year 2010.
Non-operating other income was $4.6 million in the fourth quarter of 2011 as compared to $0.7 million in the fourth quarter of 2010. The increase in other income is the result of foreign currency exchange rate movements and the resulting effects on foreign currency transactions and balance sheet positions related to the Company’s foreign subsidiaries. For the 2011 full year, non-operating other income (expense) was $0.7 million income compared to $0.3 million expense for the full year 2010.
The Income tax provision for the fourth quarter 2011 was recorded at a rate of 33.8 percent of pretax income compared to 30.4 percent of pretax income for the fourth quarter 2010. The higher income tax provision rate in the 2011 fourth quarter is primarily due to last year’s fourth quarter rate reflecting the cumulative benefit to adjust for the extension of the research and development credit by the U.S. Congress late in the fourth quarter of 2010. For the 2011 full year, the income tax provision was recorded at a rate of 34.3 percent of pretax income compared to 32.7 percent for the full year 2010.
Financial Position and Cash Flow
Net cash provided by operating activities was $302.5 million for the year ended December 31, 2011 compared to $297.6 million for the full year 2010. The increase in net income was mostly offset by an increased investment in working capital, particularly increased accounts receivables related to the Company’s continued international expansion, a short-term income tax receivable and higher factory inventory levels supporting business growth. Total long-term debt at December 31, 2011 was unchanged from a year ago at $100.0 million. The Company’s debt-to-total capital ratio was 17 percent at December 31, 2011, compared to 35 percent for the same period in 2010. Cash and cash equivalents were $325.3 million at December 31, 2011 compared to $393.9 million for the same period in 2010. During 2011 Polaris used cash for investment activities totaling $141.1 million primarily for capital investments to remain competitive and to acquire several businesses. The Company used $227.5 million of cash for financing activities including debt reduction, the repurchase of Polaris stock and the payment of dividends to shareholders.
Polaris’ Board of Directors moves dividend pay date
Due to the scheduling timetable of the Company’s 2012 Board of Directors’ meetings, each of the quarterly dividend declarations by the Board of Directors in 2012 are anticipated to be approximately two weeks later than historically declared. As a result, the anticipated quarterly dividend pay dates will be approximately one month later in 2012 than in prior years. Polaris has increased dividends for 16 consecutive years through 2011 and management will recommend to the Board of Directors to once again increase the dividend for 2012. The Board of Directors expects to declare the first quarter 2012 dividend amount sometime in the first week of February 2012.
Conference Call and Webcast Presentation
Today at 9:00 AM (CT) Polaris Industries Inc. will host a conference call and webcast to discuss Polaris’ 2011 fourth quarter and full year earnings results released this morning. The call will be hosted by Scott Wine, CEO, Bennett Morgan, President and COO, and Mike Malone, Vice President Finance and CFO. A slide presentation and link to the audio webcast will be posted on the Investor Relations page of the Polaris web site at www.polarisindustries.com/irhome.
To listen to the conference call by phone, dial 800-374-6475 in the U.S. and Canada, or 973-200-3967 Internationally. The Conference ID is #75877934.
A replay of the conference call will be available approximately two hours after the call for a one-week period by accessing the same link on our website, or by dialing 855-859-2056 in the U.S. and Canada, or 404-537-3406 Internationally.
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Tuesday, January 24, 2012
Harley-Davidson Earnings, Retail Sales Motorcycle Sales Show Continued Strength
MILWAUKEE, January 24, 2012 -- Harley-Davidson, Inc. (NYSE: HOG) reported a strong finish to 2011, with improved fourth-quarter performance capping a year of earnings and dealer retail sales growth.
Income from continuing operations was $54.6 million, or $0.24 per share, in the fourth quarter of 2011, compared to a loss of $42.1 million, or $0.18 per share from continuing operations in the year-ago quarter. For the full year 2011, income from continuing operations more than doubled to $548.1 million, or $2.33 per share, compared to income of $259.7 million, or $1.11 per share, from continuing operations in 2010.
Retail sales of new Harley-Davidson motorcycles grew 10.9 percent worldwide in the fourth quarter compared to the prior-year period, including an 11.8 percent increase in the U.S. For the full year 2011, new Harley-Davidson motorcycle retail sales rose 5.9 percent worldwide and 5.8 percent in the U.S.
On a segment basis, full-year operating income from Motorcycles and Related Products grew 48.2 percent on higher shipment volume and operating margin improvement, while operating income from Financial Services grew 47.8 percent on continued improvement in credit performance, compared to 2010.
“Our improved performance in 2011 is the result of the tremendous efforts of all of our employees, dealers and suppliers,” said Keith Wandell, President and Chief Executive Officer of Harley-Davidson, Inc.
“Harley-Davidson is all about fulfilling dreams through remarkable motorcycles and extraordinary customer experiences. In 2011 we made strong progress at transforming our business to be more agile and effective than ever at exceeding customer expectations,” Wandell said. “The changes underway across the organization will enable Harley-Davidson to be world class and customer led like never before, with shorter product development lead times, flexible manufacturing and an unmatched premium retail experience.
“At retail, we believe the solid improvement in new Harley-Davidson motorcycle sales reflects the strong appeal of our product lineup to a diverse customer base and the great efforts of our dealers, combined with results from our investments in growth opportunities across all regions and improved consumer confidence in the U.S. While we are encouraged by the retail sales trend, we continue to keep a close watch on the marketplace and remain cautious in our expectations for 2012,” Wandell said.
Retail Harley-Davidson Motorcycle Sales
On a worldwide basis, dealers sold 40,359 new Harley-Davidson motorcycles in the fourth quarter of 2011, a 10.9 percent increase compared to 36,390 motorcycles sold in the year-ago period. Dealers sold 23,753 new Harley-Davidson motorcycles in the U.S., an 11.8 percent increase compared to the fourth quarter of 2010. In international markets, dealers sold 16,606 new Harley-Davidson motorcycles during the fourth quarter, an increase of 9.7 percent compared to the year-ago period.
For the full year, worldwide retail sales of new Harley-Davidson motorcycles increased 5.9 percent to 235,188 units, compared to sales of 222,110 units in 2010. U.S. retail sales of new Harley-Davidson motorcycles increased 5.8 percent to 151,683 units, and in international markets sales increased 6.1 percent to 83,505 units, for the full year compared to 2010. Industry-wide U.S. heavyweight new motorcycle (651cc-plus) retail unit sales increased 4.3 percent for the full year, compared to 2010.
Fourth-quarter and full-year data are listed in the accompanying tables.
Harley-Davidson Motorcycles and Related Products Segment Financial Results Fourth-Quarter Segment Results: Revenue from Motorcycles during the fourth quarter of 2011 of $791.9 million was up 13.5 percent compared to the year-ago period. The Company shipped 50,730 motorcycles to dealers and distributors worldwide during the quarter, compared to shipments of 44,481 motorcycles in the fourth quarter of 2010.
Revenue from Motorcycle Parts and Accessories (P&A) totaled $161.2 million during the quarter, up 7.9 percent, and revenue from General Merchandise, which includes MotorClothes® Apparel and Accessories, was $69.3 million, up 12.8 percent compared to the year-ago period. Gross margin was 31.2 percent in the fourth quarter of 2011, compared to 29.6 percent in the fourth quarter of 2010. Fourth-quarter operating margin from motorcycles and related products was 3.5 percent on operating income of $35.6 million. In 2010, the Company had an operating loss in the fourth quarter from motorcycles and related products of $6.8 million.
Twelve-Month Segment Results: For the full year of 2011, the Company shipped 233,117 motorcycles to dealers and distributors, a 10.7 percent increase compared to 210,494 units shipped in 2010.
Revenue from Motorcycles for the full year was $3.55 billion, a 13.3 percent increase compared to the year-ago period. Full-year P&A revenue was $816.6 million, a 9.0 percent increase compared to 2010. General Merchandise revenue was $274.1 million, a 5.8 percent increase compared to 2010.
Gross margin for the full year was 33.4 percent and operating margin was 12.0 percent, compared to 34.2 percent and 9.1 percent respectively in 2010.
Financial Services Segment The Financial Services segment recorded operating income of $56.8 million in the fourth quarter of 2011, compared to operating income of $43.5 million in the year-ago quarter. The increase in fourth-quarter operating income was largely the result of continued improvement in credit performance at Harley-Davidson Financial Services. For the full year, operating income from financial services was $268.8 million, compared to operating income of $181.9 million in 2010.
Guidance Harley-Davidson expects to ship 240,000 to 245,000 motorcycles to dealers and distributors worldwide in 2012, a three-to five-percent increase compared to 2011. In the first quarter of 2012, the Company expects to ship 58,000 to 63,000 motorcycles.
For the full year, Harley-Davidson expects gross margin to be between 34.75 percent and 35.75 percent. The Company expects capital expenditures of between $190 million and $210 million in 2012, which includes approximately $25 million to support restructuring activities.
Restructuring Update In 2011, Harley-Davidson realized cumulative savings from restructuring activities initiated since early 2009 of $217 million, in line with company estimates of $210 million to $230 million. Upon completion, Harley-Davidson continues to expect restructuring activities to generate annual ongoing savings of $315 million to $335 million, beginning in 2014. For the full year 2011, Harley-Davidson incurred one-time restructuring costs of $68.0 million. The Company now expects all restructuring activities initiated since 2009 to result in one-time overall costs of $500 million to $520 million through 2013, including $50 million to $60 million in 2012, a $5 million reduction to the range previously provided.
Income Tax Rate
For the full year 2011, the Company’s effective income tax rate from continuing operations was 30.9 percent, compared to 33.5 percent in 2010. The lower 2011 effective tax rate was mainly driven by a 2011 change in the Wisconsin income tax law associated with certain net operating losses, and a one-time tax charge in 2010 associated with the federal healthcare legislation. In 2012, the Company expects its full-year effective tax rate from continuing operations to be approximately 35.5 percent.
Cash Flow Cash and marketable securities totaled $1.68 billion at year-end 2011, compared to $1.16 billion at year-end 2010. For full-year 2011, Harley-Davidson generated $885.3 million of cash provided by operating activities from continuing operations, compared to $1.16 billion in 2010. Capital expenditures for full-year 2011 were $189.0 million.
Share Repurchase
The Company repurchased 3.5 million shares of Harley-Davidson, Inc. common stock at a cost of $127.0 million during the fourth quarter of 2011. At year-end 2011, there were approximately 230.5 million shares of Harley-Davidson common stock outstanding and 18.6 million shares remaining on board-approved share repurchase authorizations.
Discontinued Operations
In the fourth quarter of 2011, Harley-Davidson recognized a $51.0 million benefit on income from discontinued operations, driven by the reversal of tax amounts reserved in prior years related to the divestiture of the Company’s MV Agusta subsidiaries. The amounts had been reserved pending an agreement with the IRS on the tax treatment of the transaction. With the agreement, the Company anticipates no further financial adjustments related to MV Agusta.
Company Background
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Harley-Davidson Motor Company produces heavyweight custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. Harley-Davidson Financial Services provides wholesale and retail financing, insurance, extended service and other protection plans and credit card programs to Harley-Davidson dealers and riders in the U.S., Canada and select European countries. For more information, visit Harley-Davidson's Web site at www.harley-davidson.com.
Conference Call and Webcast Presentation
Harley-Davidson will discuss fourth-quarter results on a Webcast at 8:00 a.m. CT today. The Webcast presentation will be posted prior to the call and can be accessed at http://investor.harley-davidson.com/. Click “Events and Presentations” under “Resources.” The audio portion of today’s call will also be posted at harley-davidson.com beginning approximately two hours after the conclusion of the call for one year. The audio may also be accessed until February 7, 2012 by calling 404-537-3406 or 855-859-2056 in the US, pin number 36261875#.
Forward-Looking Statements
The Company intends that certain matters discussed in this release are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company “believes,” “anticipates,” “expects,” “plans,” or “estimates” or words of similar meaning. Similarly, statements that describe future plans, objectives, outlooks, targets, guidance or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated as of the date of this release. Certain of such risks and uncertainties are described below. Shareholders, potential investors, and other readers are urged to consider these factors in evaluating the forward-looking statements and cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are only made as of the date of this release, and the Company disclaims any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
The Company’s ability to meet the targets and expectations noted depends upon, among other factors, the Company's ability to (i) execute its business strategy, (ii) effectively execute the Company’s restructuring plans within expected costs and timing, (iii) implement and manage enterprise-wide information technology solutions, including solutions at its manufacturing facilities, and secure data contained in those systems, (iv) adjust to fluctuations in foreign currency exchange rates, interest rates and commodity prices, (v) anticipate the level of consumer confidence in the economy, (vi) manage through inconsistent economic conditions, including changing capital, credit and retail markets, (vii) continue to realize production efficiencies at its production facilities and manage operating costs including materials, labor and overhead, (viii) successfully implement with our labor unions the agreements that we have executed with them that we believe will provide flexibility and cost-effectiveness to accomplish restructuring goals and long-term competitiveness, (ix) manage risks that arise through expanding international operations and sales, (x) manage supply chain issues, including any unexpected interruptions or price increases caused by raw material shortages or natural disasters, (xi) manage production capacity and production changes, (xii) provide products, services and experiences that are successful in the marketplace, (xiii) develop and implement sales and marketing plans that retain existing retail customers and attract new retail customers in an increasingly competitive marketplace, (xiv) manage the risks that our independent dealers may have difficulty obtaining capital and managing through changing economic conditions and consumer demand, (xv) continue to have access to reliable sources of capital funding and adjust to fluctuations in the cost of capital, (xvi) manage the credit quality, the loan servicing and collection activities, and the recovery rates of HDFS’ loan portfolio, (xvii) sell all of its motorcycles and related products and services to its independent dealers, (xviii) continue to develop the capabilities of its distributor and dealer network, (xix) manage changes and prepare for requirements in legislative and regulatory environments for its products, services and operations, (xx) adjust to healthcare inflation and reform, pension reform and tax changes, (xxi) retain and attract talented employees, and (xxii) detect any issues with our motorcycles or manufacturing processes to avoid delays in new model launches, recall campaigns, increased warranty costs or litigation.
In addition, the Company could experience delays or disruptions in its operations as a result of work stoppages, strikes, natural causes, terrorism or other factors. Other factors are described in risk factors that the Company has disclosed in documents previously filed with the Securities and Exchange Commission.
The Company’s ability to sell its motorcycles and related products and services and to meet its financial expectations also depends on the ability of the Company’s independent dealers to sell its motorcycles and related products and services to retail customers. The Company depends on the capability and financial capacity of its independent dealers and distributors to develop and implement effective retail sales plans to create demand for the motorcycles and related products and services they purchase from the Company. In addition, the Company’s independent dealers and distributors may experience difficulties in operating their businesses and selling Harley-Davidson motorcycles and related products and services as a result of weather, economic conditions or other factors.
Monday, January 23, 2012
Polar Bear Grand Tour to Sir John's on January 22, 2012
Saturday, January 21, 2012
Motorcycle Picture of the Week - Tam
Victory Introduces 2013 Model The Judge
At the intersection of exhilarating American V-Twin power and dynamic muscle bike styling is the all-new Victory Judge. This is a new cruiser from Victory, the only brand that can combine such powerful new styling with dominating V-Twin power and smooth, confidence-inspiring handling for riders of all sizes.
STYLE
The Victory Judge has a powerful silhouette and details that evoke visions of classic American muscle cars. Deeply sculpted bodywork and blacked-out components give the bike a strong purpose. Three paint options including a sinister Gloss Black, Sunset Red, and a signature Suede Nuclear Sunset, host the minimal graphics. No frills, no excess, no excuses. Lots of bikes look good when parked, the Judge looks like it’s just resting up for the next challenge.
The fuel tank features signature Victory styling, the new headlight has crisp design lines and the side covers have oval faces just waiting to be customized. The frame, dual exhaust, triple trees, cases, cylinder heads and more are blacked-out. The Judge says “just drop the polish and pull the trigger.”
The drag bars and bodywork are all new, as is the styling of the taillight, fender struts and new EFI covers between the cylinders. The Victory Judge features new 5-spoke cast wheels that evoke memories of performance mag wheels seen at race tracks in the 70’s. These 16” rims are shod with premium Dunlop Elite II tires with raised white lettering, the perfect look on this performance cruiser.
PERFORMANCE
The Judge pulses with Victory Engineering DNA, delivering premium power and braking, and a smooth ride and handling.
A Judge rider is in an engaged riding position, on top of the action, and in total command of the bike. The mid-mount lower controls create comfortable, confidence-inspiring ergonomics. A rider’s intuitive, natural leaning produces easy, responsive handling. Roll smoothly through tight turns and carve twisties on the gas as the premium suspension and semifloating brake rotors blend into seamless performance.
With the rearward control positions and 25.9” (658 mm) seat height, the Judge is an ideal cruiser for riders with modest inseams. Its incredible balance and low center of gravity invite riders of all heights to get on and go.
Street-owning power flows from within the Freedom® 106/6 V-Twin. It serves up 113 ft-lbs of torque that let a rider punch through the gnarliest traffic, hustle through the curves and decimate any straightaway. Helical cut gears in the proven 6-speed transmission deliver consistently smooth shifting. The true overdrive of 6th gear delivers smooth highway cruising, and a positive neutral finder simplifies the stoplight to stoplight battles.
The 4.5-gallon (17.0 liter) fuel tank offers great range and is coupled to a high-end fuel injection system that can handle any riding conditions. Pure Victory Gear, available from Victory dealers and 24/7 at www.purepolaris.com, features Judge-specific accessories so every rider can make their Judge truly their bike.
THE VERDICT
The all-new Victory Judge presides where American V-Twin power intersects with dynamic muscle bike styling that only Victory can deliver. The Judge opens a new chapter of outstanding Victory cruiser performance. It serves up incredible handling and street-dominating power for a phenomenal riding experience.
Specifications
ENGINE TYPE 4-Stroke 50˚ V-Twin
COOLING SYSTEM Air / Oil
DISPLACEMENT 106 ci / 1731 cc
BORE X STROKE 101 x 108 mm
COMPRESSION RATIO 9.4 : 1
VALVE TRAIN Single Overhead Camshafts with 4 Valves per Cylinder,
Self-adjusting Cam Chains, Hydraulic Lifters
FUEL SYSTEM Electronic Fuel Injection with Dual 45 mm Throttle Body
FUEL CAPACITY 4.5 gal / 17.0 ltr
EXHAUST Staggered Slash-cut Dual Exhaust with Crossover
OIL CAPACITY 5.0 qts / 4.75 ltr
CHARGING SYSTEM 38 Amps Max Output
BATTERY 12 Volts / 18 Amp Hours
PRIMARY DRIVE Gear Drive with Torque Compensator
CLUTCH Wet, Multi-plate
TRANSMISSION 6-speed Overdrive Constant Mesh
FINAL DRIVE Carbon Fiber Reinforced Belt
CHASSIS DIMENSIONS
Length 92.0 in / 2337 mm
Wheelbase 64.8 in / 1647 mm
Seat Height 25.9 in / 658 mm
Ground Clearance 4.7 in / 120 mm
Rake/ Trail 31.7˚ / 6.7 in / 170 mm
Dry Weight 660 lbs / 300 kg
GVWR 1151 lbs / 522 kg
FRONT SUSPENSION
Type Conventional Telescopic Fork
Travel 5.1 in / 130 mm
REAR SUSPENSION
Shock Absorber Single, Mono-tube Gas
Swingarm Cast Aluminum with Rising Rate Linkage
Travel 3.0 in / 75 mm
Adjustments Preload Adjustable Spring
BRAKES
Brake System Type Conventional
Front System Type 300mm Floating Rotor with 4-piston Caliper
Rear System Type 300mm Floating Rotor with 2-piston Caliper
WHEELS
Front 16 x 3.5 in
Rear 16 x 3.5 in
TIRES
Front 130/90 B16 67H Dunlop 491 Elite II-RWL
Rear 140/90 B16 77H Dunlop 491 Elite II-RWL
COLOR OPTIONS Gloss Black, Suede Nuclear Sunset, Sunset Red
Friday, January 20, 2012
Extreme ReTrailers
A stale economy, inflated gas prices, deep discounts on new bikes…data recently collected by the Motorcycle Industry Council suggests that more Americans are riding for transportation, not just recreation, and that a greater percentage of women are taking to the trend.
The Motorcycle Industry Council’s latest statistics indicate 25 percent of all motorcyclists are female, that's one out of four riders. Guess what…women control 85 percent of household spending decisions therefore control family's buying power.
Retailers would be smart to take advantage of a woman’s love of shopping. Bike rallies…gatherings…shows…bike runs…they can set up shop at any event…anywhere they can drive to with an Extreme ReTrailer . ExTreme ReTrailers specializes in state-of-the-art, fully-functional retail outlets operating from 7’x14’ trailers. Complete with exterior and interior branding, ExTreme ReTrailers will custom-design a trailer and turn it into a biker's merchandising dream. www.extremeretrailers.com
Entrepreneur, Julia Hutton, a business woman in her 60’s, is the genius behind ExTreme ReTrailers. She runs Biker Babes and Beyond out of an ExTreme ReTrailer …very successfully. Hutton sells trailers customized to any business.
Thursday, January 19, 2012
Chrome Capital’s Testride Gets Mid-Atlantic Motorcycle Riders Out Of Showrooms And Onto Their Bikes Faster Than Ever
New 2- and 3-year leasing program now available at Rommel Harley-Davidson dealerships in New Castle and Smyrna, DE, and Annapolis, MD
New Castle, DE, January 19, 2012 – Chrome Capital, a Naples, FL-based finance company, has signed dealership agreements with Rommel Harley-Davidson, formerly Mike’s Famous Harley-Davidson and Harley-Davidson of Annapolis, to support their New Castle, Smyrna, and Annapolis Harley-Davidson dealerships with Chrome’s TestRide, an innovative leasing program designed to put more riders on more Harley-Davidson motorcycles.
Chrome’s TestRide means customers can ride a Harley motorcycle for two or three years with no further obligation. When the TestRide period comes to an end, the customer has options, not obligations. Chrome’s lease affords the customer all end-of-lease options available through a standard vehicle lease: purchase the bike, renew the lease, or return the bike to the dealer.
“TestRideis a revolutionary step forward to help Harley dealers generate additional revenue each month. Chrome’s lease pricing is spot on, and provides an exciting opportunity for our customers to realize their dream of riding a Harley motorcycle today,” says Brad Hopkins, Rommel Harley-Davidson’s President.
“Having an alternative to traditional financing is a real competitive advantage for our dealerships,” says Aaron Joyner, General Sales Manager of Rommel Harley-Davidson. “The TestRide lease product addresses many of our customers’ preference of trading/upgrading every three years, while alleviating any loan obligations at year three found with the traditional finance products.” Mr. Joyner continues, “In my book, the big winners are the newest riders. All new H-D Rider’s Edge graduates are presented the TestRide lease. It’s the perfect way to ride a Harley motorcycle without a long-term commitment on their first bike.” Rider’s Edge is Harley-Davidson’s training class for novice riders.
Chrome Capital’s dealer relationships currently stretch from New Jersey to Florida, and the company aims to sign on the top 200 U.S. Harley-Davidson dealerships by the end of 2012. Chrome Capital is led by a seasoned management team including Peter E. Wasmer, CEO; Stephen J Swain, CFO; and Brian Cramer, Vice President of Dealer Development and Marketing.
Peter Wasmer, President.
239-213-9922
peter.wasmer (at) chromecapital.com
www.chromecapital.com
New Company Emerges From Big Dog’s Ashes
BDM Performance Products is a startup still struggling to emerge from the crash of Big Dog Motorcycles.
BDM is a new company created in April after the Big Dog bankruptcy by Big Dog founder Sheldon Coleman to supply parts and accessories for the 25,000 plus Big Dog motorcycles on the market. It operates in several warehouses and offices on the former Big Dog site at Douglas and Hydraulic.
Read More
S&S Cycle Jetting For Drag Pipes
Bruce Tessmer of S&S Cycle, Inc. tells you tuning your performance carb to fix an exhaust problem is like putting your arm in a sling to cure a headache.
Tuesday, January 17, 2012
Gas Tank for Harley-Davidson Baggers and Dressers
Pompano Beach, FL (PRWEB) January 16, 2012
Demon's Cycle Inc., a custom motorcycle builder and custom motorcycle parts supplier, is pleased to announce the release of its new custom stretched gas tank for the Harley-Davidson FLH Bagger. The key feature is the large 6.6 gallon gas capacity which allows for longer non-stop trips.
The one-piece stretched unit has a custom steel dash and fits the 2008 to 2011 Harley-Davidson Touring FLHT/FLTR models and it can be fitted, with minor modifications to the 2003 – 2007 Touring Dresser models.
“We are very pleased with our new custom stretch tank for the Harley Baggers,” said Thomas Steinbacher, owner of Demon’s Cycle. “It is similar to the Paul Yaffe's Originals / Bagger Nation gas tank, but its greater fuel capacity and better build quality makes a better choice for custom bike builders.”
Gas tanks are part of the cool design and style of a motorcycle and as such the new wider custom tank from Demon's Cycle provides flowing and elegant lines that perfectly compliment the stance of the Harley-Davidson Bagger. With custom stretched low profile steel dash, chrome pop-up gas cap, rubber trim and all the necessary mounting brackets, this 28 inch long, 19 inch wide tank provides custom style, beauty and long range.
About Demon's Cycle
Demon's Cycle is a multi-million dollar international custom motorcycle wholesale company that sells direct to the public. Based in Pompano Beach, South Florida, Demon's Cycle was started more than nineteen years ago by Tom Steinbacher and has a reputation as a pioneer of radical motorcycle designs, Euro style bikes and custom chopper concepts. Demon's Cycle is an international custom motorcycle wholesale company that sells to the public direct . As well as building custom motorcycles and selling rolling chassis, Demon's Cycle specialize in the sale of custom parts for Harley-Davidson motorcycles. They offer a wide range of parts including gas tanks handlebars and all the necessary auxiliary components like air cleaners and wheels.
Contact:
Demon's Cycle Inc.
1407 SW 10th Ave.
Pompano Beach, FL 33069
Telephone: 954-943-0000
Web: www.demonscycle.com
2012 Drag Specialties Fatbook and OldBook
Press Release:
Now with over 1,500 pages! That’s right, our new 2012 FatBook now features over 1,500 pages packed with all the latest products and information for both dealers and riders. It features all of the most up-to-date Evolution through Twin Cam parts, accessories and fitment information available anywhere.
Again we have added to our own trusted line of products that feature the Drag Specialties name, plus, there are expanded or completely new selections from big names like Python, Saddlemen, Memphis Shades, Vance & Hines, Klock Werks, Covington’s, Carl Brouhard, Revolution Performance and Akrapovic just to name a few.
While the FatBook remains the very best source for late-model V-Twins, please remember to also use the 2012 OldBook for all of your Pre-1984 H-D, and now Indian, needs as well. Together these catalogs remain the best source for the largest assortment of parts and accessories, along with the most up-to-date information available anywhere, to keep American V-Twins rolling in style.
Building further upon the success and demand for our OldBook, it is back again for 2012 and is of course bigger and better than ever. This incredible catalog that focuses on the pre-84 models now has a section dedicated to the specialized needs of early Indian owners.
The 2012 OldBook is still organized in an easy-to-use format that features sections specific to Shovelhead, Panhead, Knucklehead, Ironhead XL, the new Indian section and a General section for those all-inclusive items like tires and wheels.
Now amongst almost 700 pages of products and information, you will find new additions throughout the 2012 OldBook where we have tried to add much of what you have asked for – especially those little hard-to-find-elsewhere items. For general maintenance, restoration/preservation, even customization, this catalog has everything the classic H-D or Indian owner could possibly want.
For more information, go to www.dragspecialties.com or contact your
Drag Specialties sales rep.
Monday, January 16, 2012
Polar Bear Grand Tour Run to the Wearhouse Grill on January 15, 2012
Friday, January 13, 2012
Custom Chrome Europe Dealer Show 2012 Cancelled
To support parent company, CCE calls off Dealer Show at Mainz/Germany
March 24th/25th 2012
It is our sad task to inform you that this year´s 14th edition of the Custom Chrome Europe Dealer Show with the 2012 Custom Chrome International Bike Show Series European Championship had to be cancelled.
The surprise news comes from CCE Headquarter Bad Kreuznach and was made to support CCI in California where re-structuring is taking place with the task of adapting CCI’s US operations to the necessities of the current American market situation.
In 2011, Custom Chrome Europe has enjoyed another record sales year and great success in both the European Custom bike market as well as the great support for the Dealer Show at Mainz, which in the last decade has become one of the most important Custombike events in the European Bike Show calendar, thanks to the attending builders, CCE suppliers, CCE customers and Custombike press. The glamourous event has given the European Custombike scene a high class showcase for their ingenuity and creativity and has been published worldwide. Preparations for the 2012 event were well underway and in the final stages, when announcements from CCI Headquarters forced a sudden
change of plans.
"It was a really tough decision to make a break in such a successful series", states Andreas Scholz, Managing Director Custom Chrome Europe GmbH, "but we can not celebrate a party when our parent company is forced to lay off employees." "It is our duty to help them in a challenging time," adds Scholz, "and fortunately Custom Chrome Europe’s business is solid to enable us to help."
Custom Chrome Europe’s business is not affected by the decision, as the European 2012/2013 Catalogue, again in 5 languages, is ready to be printed and European business is running strong. CCE will also continue ongoing activities that support the scene, such as the "Rookie of the Year" contest on facebook. "We will meet our customers at their national events which we will attend with our new show booth concept," says Scholz, "and we will continue the Custom Chrome International Bike Show Series at the other already announced events."
For additional questions: axel_scherer@customchrome.de • Phone +49 (0) 671 88888 201
Thursday, January 12, 2012
2012 Biker's Choice Catalog Now Available
Wednesday, January 11, 2012
Thermal Arc’s Fabricator 252i “3-in-1” MIG-Stick-TIG Welder
Thermal Arc’s Fabricator 252i “3-in-1” MIG-Stick-TIG Welder Offers Best Performance, Value of any 250-Amp Welder
• Fabricator 252i inverter offers unsurpassed process flexibility for broad range of applications on steel, stainless and aluminum and other alloys
• Unit weighs 66 lbs. for portability, runs smoothly off generator power
• 5- to 300-amp output range for thin to ½” thick steel
• Operator-friendly features improve welding performance
• Priced about the same as competitive MIG-only units; MSRP of $2,509
Thermal Arc, a Thermadyne brand leader in arc welding technology, has launched the Fabricator 252i “3-in-1” MIG-Stick-TIG welding system. Weighing 66 lbs. and with an output range of 5- to 300-amps (250 amps at 40% duty cycle), the Fabricator 252i is the second in a new category of welding products: multi-process, fully integrated, portable welders. With an MSRP of $2,509 for the base package, the Fabricator 252i provides three welding processes for the price of competitive MIG-only units.
Unlike other welders, the Fabricator 252i enables users to choose the best process for the application at hand. For example, its MIG and gas-shielded flux cored outputs provide maximum productivity in the shop. The Stick and self-shielded flux cored processes work better in windy and outdoor conditions, as well as on rusty or dirty metal, while the DC TIG process enables users to weld stainless, copper, nickel, bronze or brass alloys or on applications requiring precise control over heat input and weld bead placement.
Thermal Arc designed the Fabricator 252i for light industrial fabrication, mechanical contractors, farm/ranch, motorsports, maintenance/repair, light construction and continuing technical educational and training facilities.
The Fabricator 252i incorporates advanced inverter technology to optimize arc performance for all three welding processes and provide such features such as:
- MIG inductance control to improve arc stability and reduce spatter.
- MIG spot and stitch welding control (techniques commonly used on sheet metal where users set On/Off and dwell time).
- Stick Hot Start to prevent the electrode from sticking.
- Stick Arc Force Control to adjust arc characteristics for all electrodes (including E7018 for structural steel and E6010 for pipe welding).
- LIFT TIG for arc starts without high frequency.
Digital meters, a comprehensive set-up chart and quick-change (no tools) polarity connections make the unit extremely user friendly. Other performance enhancing features include a 10-pin receptacle for MIG welding aluminum with a spool gun, burn back control, run-in speed control and wire sharp to improve MIG arc starts, downslope control to reduce crater cracking when TIG welding, adjustable pre- and post-flow and 4T trigger hold control to reduce hand fatigue on long TIG or MIG welds.
“The 3-in-1 design approach delivers superior features and value for our customers,” says David Wilton, Vice President, Welding Products. “Exceptional arc performance across all three welding processes coupled with lightweight portability means customers no longer need to purchase two or three welders to achieve multi-process capabilities.”
Welding Outputs
Using 208- to 230V primary power, the Fabricator 252i provides the following outputs:
- MIG/Flux Cored: 5 to 300 amps/14 to 30 volts (250A/26.5V @ 40% duty cycle). It can run solid wires from .023- to .045” diameter, flux cored wires from .030- to .045" and aluminum wires from .030- to 3/64”. The unit accepts 4-, 8- and 12”-diameter wire spools.
- Stick (DC only): Up to 300 amps (230A/29.2V @ 40% duty cycle), suitable for running Stick electrodes up to 1/4” diameter.
- TIG (DC only): 5 to 300 amps (250A/20V @ 40% duty cycle), suitable for running all common diameter tungsten electrodes.
By far the best value of any product in the market in this category today, the Fabricator 252i is essentially a free Stick/TIG welder for the price of a MIG unit. Thermal Arc tests the output of its units at 104o F, so users can be assured of getting full output even in hot conditions. With an IP23S NEMA rating, the unit is suitable for outdoor use.
The Fabricator 252i features power factor correction (PFC), which lowers the unit’s primary current draw and enables it to provide full output on a 50-amp circuit. The Fabricator 252i tolerates voltage fluctuations from 187 to 276 VAC, which makes it especially suited for running off any generator (including PTO-driven units) that supplies at least 8.2 kVA (6.6 kW) of power.
The unit comes with a TWECO Spray Master 250-amp MIG gun, TWECO WeldSkill 200 amp Stick electrode holder and Victor EDGE regulator. Popular accessories include a TIG torch and remote foot control, a hand pendant for remote Stick/TIG amperage control, a TWECO 200-amp spool gun for aluminum, single- and dual-cylinder carts for shop mobility and a roll-cage for skidding or carrying in portable applications.
For more information on the Fabricator 3-in-1 Series and other Thermal Arc welders and accessories, visit www.thermalarc.com or contact your regional Thermadyne sales representative.
Thermal Arc, a leader in arc welding technology, provides a complete line of superior quality power supplies and accessories. Their extensive array of welding power source products include MIG (GMAW), Stick (SMAW), TIG (GTAW), multi-process, wire feeders and plasma welding systems.
Thermadyne Holdings Corporation is headquartered in St. Louis, Mo. Thermadyne is a leading global manufacturer and marketer of metal cutting and welding products and accessories under a variety of premium brand names including Victor, Tweco, Arcair, Thermal Dynamics, Thermal Arc, Stoody, TurboTorch, Firepower and CIGWELD. For more information about Thermadyne, its products and services, visit the company's website at www.thermadyne.com.
Monday, January 9, 2012
Polar Bear Grand Tour Run to De Thomasi's East 5 Points Inn on January 8, 2012
Polaris Schedules Fourth Quarter and Full Year 2011 Earnings Release and Conference Call
MINNEAPOLIS, Jan 09, 2012 (BUSINESS WIRE) -- Polaris Industries Inc. PII +3.14% announced today that it will release its fourth quarter and full year 2011 financial results on Wednesday, January 25, 2012, and will hold a conference call and webcast at 9:00 a.m. Central Time on the same day to discuss the release.
The call will be hosted by Scott Wine, CEO, Bennett Morgan, President and COO and Mike Malone, Vice President Finance and CFO.
A slide presentation and link to the webcast will be posted on the Polaris Investor Relations web site at www.polarisindustries.com/irhome . To listen to the conference call by phone, dial 800-374-6475 in the U.S. and Canada, or 973-200-3967 Internationally. The Conference ID is #75877934.
A replay of the conference call will be available approximately two hours after the call for a one-week period by accessing the same link on our website, or by dialing 855-859-2056 in the U.S. and Canada, or 404-537-3406 Internationally.
About Polaris
Polaris is a recognized leader in the powersports industry with annual 2010 sales of $1.99 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER(R) side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.
Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands. Additionally, Polaris continues to invest in the global on-road ultra-light electric/hybrid vehicle industry with Global Electric Motorcars (GEM) and Goupil Industrie SA, and internally developed vehicles. Polaris enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol "PII", and the Company is included in the S&P Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicles accessories are available from authorized Polaris dealers or anytime at www.polarisindustries.com .
SOURCE: Polaris Industries Inc.