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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 MotoCorp Trademarks 8 Models with USPTO

Hero MotoCorp is getting closer to launching its small-displacement motorcycles and scooters in America, recently filing trademarks for eight models with the U.S. Patent and Trademark Office. On Aug.

Hero Moto Unveils Leap Hybrid Scooter Concept, Claims 235 MPG

Indian manufacturer and former Honda partner Hero MotoCorp has unveiled a new hybrid scooter prototype at the 2012 Auto Expo in New Delhi. The Hero Leap runs on a series hybrid powertrain with the battery-powered electric motor providing most of the power and the gasoline engine acting as a range extender, charging the battery and supplying power when the battery runs low. Hero claims fuel economy of up to 100 km/l, which translates to an eye-popping 235 mpg.