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Moto blog
Polaris Reports Q2 2013 Results
Tue, 23 Jul 2013Polaris 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.
Matchless Making A Comeback With Model X, To Be Shown At EICMA
Tue, 09 Sep 2014Legendary English marque, Matchless, is attempting to emulate another famous brand, Indian, by forming a comeback. After being purchased by the Malenotti family in 2012, the brand is now going through a revival. If you’re at all in tune with the fashion world, then the Matchless name might be familiar, as many A-list celebrities wear the Matchless-labeled clothing managed by Michele Malenotti.
Polaris Acquires French Quadricycle-maker Aixam Mega
Thu, 11 Apr 2013Polaris has added another brand to its growing list of acquisitions, buying out Aixam Mega S.A.S., a French manufacturer of light-duty commercial vehicles and quadricycles – small four-wheeled enclosed vehicles that can be driven, in some markets, without an automobile driver’s license. Aixam Mega joins Polaris’ portfolio which already includes Victory Motorcycles, Indian Motorcycles, electric vehicle makers Global Electric Motorcars and Groupil. Like GEM and Groupil, Axiam Mega produces small vehicles, though its products include both electric and diesel-powered vehicles.
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