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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.

Team Hammer Releases Martin Cardenas

AMA Pro Racing’s Team Hammer has released Martin Cardenas from his contract to allow the reigning AMA Daytona Sportbike Champion “to better pursue his goal of returning to World Championship competition as soon as possible.” Though the eventual goal appears to be for Cardenas to move up to the World Superbike Championship, rumors have Cardenas landing with the Yoshimura Suzuki factory team to race in the AMA Superbike Championship in 2013 as an eventual stepping stone towards international racing. Cardenas won the 2010 and 2012 AMA Daytona Sportbike championships with Team Hammer riding a Suzuki GSX-R600. Team Hammer held a contract option for Cardenas for the 2013 season but decided to release the Colombian racer, allowing him to take a different route towards a WSBK career.

NHTSA Launches Recall Look-up by VIN Tool

The U.S. Department of Transportation and the National Highway Traffic Safety Administration have launched a new free online tool that should make it easier for consumers to inspect their vehicles’ safety recall histories. The new search tool, available at http://www.safercar.gov/vinlookup, allows people to look for recall campaigns by entering Vehicle Identification Numbers.