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Polaris Forms Joint Venture with Royal Enfield Owners Eicher Motors

Polaris Industries has formed a new joint venture with Eicher Motors, the parent company of Royal Enfield. The new joint venture will develop new products for India and other emerging markets. The new company will be backed by a $50 million investment with both Polaris and Eicher sharing 50%.

Royal Enfield Featured on Jay Leno’s Garage

Late night talk show host and renowned classic vehicle collector Jay Leno has added a new motorcycle to his garage: a 2011 Royal Enfield. Leno received a brand new 2011 Royal Enfield motorcycle from Mike Frankovich, owner of a North Hollywood Royal Enfield dealership. After receiving his Royal Enfield, Leno invited Frankovich and Kevin Mahoney and Ron Greene of Royal Enfield USA, to his Big Dog Garage with several new Royal Enfield Bullets for a segment on Jay Leno’s Garage.

Polaris Reports Q2 2012 Results

Polaris Industries reported a 110% increase in sales from its On-Road division over the second quarter of 2012. The On-Road division consists primarily of Victory Motorcycles but also includes Indian Motorcycles, electric vehicle brands Global Electric Motorcars and Goupil. The acquisitions of the latter three brands contributed to nearly a third of the overall growth.