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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.

Hero iON Hydrogen Fuel Cell Concept – Video

Hero MotoCorp may fly a bit below the radar of most American motorcycle enthusiasts, but the Indian manufacturer has emerged as a leader in alternative fuel technologies for two-wheeled vehicle. First came the Hero Leap hybrid scooter (which is now ready to enter serial production), then came the RNT 150 diesel hybrid concept revealed last week. Today, Hero revealed another new concept, this one an electric motorcycle with a hydrogen fuel cell extender at the 2014 India Auto Expo.

Hero MotoCorp Reports Sales of 541,615 Motorcycles and Scooters in December 2012

Whenever we publish stories about the motorcycle industry in India, we still get comments from readers surprised at how big a role that nation’s market plays, and perhaps more poignantly, how small it makes the U.S. market look. The latest sales numbers from Hero MotoCorp, India’s market leader, should further highlight the importance of India’s motorcycle market.