1941 Indian 441 on 2040-motos

Moto blog

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.

Indian Motorcycle Rolls in to Cleveland for the IMS

This weekend the Progressive International Motorcycle Show (IMS) rolls into Cleveland’s I-X Convention Center this weekend. Following much of the same schedule that was used in the Washington, DC IMS event, Indian Motorcycle will keep the program action-packed for all attendees who visit the Indian display area. As part of Indian’s efforts to support and honor our military, admission to Stars and Stripes Saturday Sponsored by Indian Motorcycle will be free to all military personnel with a valid military ID.

India Raises Import Duty on Motorcycles to 75%

The government of India has laid out its budget for 2013-2014, increasing the import duty for large motorcycles. The news will impact several major manufacturers hoping to gain a stake in the world’s second largest motorcycle market. India has become the hotspot for manufacturers but one of the biggest obstacles they face is the duty India levies on luxury goods.