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Collection Of Rare Indian Motorcycles Up For Auction, March 8

On March 8, four rare Indian motorcycles, some of which date back over a century, will be up for auction at the Amelia Island Concours d’Elegance. Now in its 16th year, the single-day sale includes a stunning roster of more than 80 investment-quality vehicles including a stellar group of early Indian motorcycles. The oldest of the collection is a 1909 Indian 5HP Light Twin. This model is significant as it marks Indian’s departure from using modified bicycle frames to incorporating loop frames, previously only seen on the company’s racing motorcycles. A new, streamlined torpedo-type gas tank was fitted between the upper and lower tank rails, and oil was carried in a large capacity half-gallon tank that was fixed to the frame beneath the seat.

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.

Polaris Reports Q3 2013 Sales Results

Polaris Industries topped the $1 billion mark in sales for the first time in company history during the third quarter. Total sales revenue totaled $1.1 billion in the quarter, up 25.3% from $879.9 million reported in the same quarter last year. “Our record third quarter results reflect both the ongoing demand for our existing products and the potential contained within the initial shipments of our model year 2014 vehicles, the largest new product introduction in the company’s history,” says Scott Wine, chief executive officer of Polaris Industries.