2011 Indian Chief on 2040-motos

Moto blog

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.

Indian Motorcycle To Electrify Sturgis With Reveal of 2014 Chief

Indian Motorcycle today released the schedule and additional details of one of the most highly anticipated motorcycling events in decades —the debut of the all-new 2014 Indian Chief.  Two and a half years in the making, the reveal will be a thrilling inauguration to the 73rd Annual Sturgis Motorcycle Rally.  Today’s news follows the company’s announcement that the 2014 Chief, powered by the new Thunder Stroke 111 engine, will start at $18,999. A sneak peek video of the new 2014 Indian Chief is available here. Indian invites all motorcycle riders and enthusiasts to experience a new era in American motorcycling with the public unveiling of the 2014 Indian Chief on Saturday, August 3, at 8 p.m.

Polaris Reports Q1 2013 Results

Polaris Industries reported a 26% increase in net income over the first quarter of 2013, but a 2.9% decline in on-road vehicle sales (comprised almost entirely of Victory and Indian Motorcycles). The company’s first quarter filings report a net income of $75.5 million, up from the $60.1 million reported over the same period in 2012. Much of the increase can be attributed to a 217% increase in net sales from its snowmobile division, spurred in large part by increase in snowfall across many regions of North America.