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Polaris Reports Q2 2013 Results

Polaris Industries reports a 11.8% increase in net sales and a 14.6% increase in profit over the quarter ended June 30, 2013. The company earned a record $80 million in profit in the quarter, compared to $69.8 million in the same quarter last year. Most of the gains however were from Polaris’ off-road vehicles, its GEM, Goupil and Aixam small vehicles and sales of parts, garments and accessories including Klim apparel.

Louisiana Bill Updates Maximum Handlebar Height Legislation

Louisiana state lawmakers have approved a bill that would change the maximum height of motorcycle handlebars. Current state law restricts handlebar height to no more than 15 inches above the seat, a somewhat arbitrary level, but a common choice with 17 other states. The House has voted 87-0 in favor of Senate Bill 582 to change the maximum height to the rider’s shoulder level, as measured while sitting on the seat.

What’s next for Polaris?

Polaris Industries, the parent company of Victory Motorcycles, announced this week it will form a new on-road vehicle division. The official announcement says the new division “maximizes cohesive and strategic growth for Victory Motorcycles and other on-road products and brands”. Which begs the question: what other on-road products and brands?