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Recall for 2011 Victory Cross Country

Polaris Industries has initiated a recall campaign for the 2011 Victory Cross Country due to a defect in the handlebar riser and clamp assembly. According to documents filed with the National Highway Traffic Safety Administration, some handlebar clamps and risers may have been machined to deep by the part supplier. As a result, the handlebars may slip within the clamps, potentially causing a rider to lose control.

Polaris Reports Q3 2012 Results

Polaris reported a record third quarter including a 78% year-on-year increase in on-road vehicle sales, most of which is from Victory Motorcycles. According to the Minnesota company’s third quarter report, Polaris recorded a profit of $94.3 million in the three months ended Sept. 30, 2012, compared to a profit of $67.6 million reported in the same quarter of 2011.

Polaris Reports Q1 2012 Results

Polaris Industries reported a 44% increase in on-road vehicle sales revenue and a 40% increase in North American Victory Motorcycle unit sales over the first quarter of 2012. According to Polaris’ first quarter report, its on-road vehicle division (which consists of the Victory and Indian motorcycle brands as well as electric vehicle brands GEM and Goupil) generated $64.7 million in sales revenue, compared to $44.9 million reported in the same quarter of 2011. Of course, the Polaris didn’t yet own Indian, GEM or Goupil during that quarter last year, so the figures are a bit misleading.