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Indian Motorcycle Australia will close its company-owned stores in Brisbane, Sydney, Melbourne and Perth and move to a system of privately owned dealerships. Changes will occur gradually throughout the year with their stores closing as alternative dealerships can be found. Existing customers will be notified. They say it will increase the spread of dealerships throughout …
The global motorcycle sales slump has forced Harley-Davidson to close one factory, while Royal Enfield sales cool and Indian Motorcycle sales boom. Harley will close their Kansas City plant which makes Softail, Sportster and Street models and move operations to their York, Pennsylvania, factory which assembles Touring, CVO and Trike models and makes parts such as frames, …
Indian Motorcycle will definitely produce smaller capacity bikes and go electric, but not within the next three to five years. Polaris President of Motorcycles Steve Menneto has told Motofire that smaller-capacity bikes would fit in with their global strategy. His comments follow the successful unveiling of the FTR1200 custom bike (pictured above) at the Milan …
An Italian family and the previous Italian owner have joined the bidding to buy Ducati, along with Polaris, KTM, Can-Am Spyder company BRP, and Indian manufacturers. The latest list of potential buyers comes from Reuters which has been reporting on the deal since December 2015 from inside sources. Harley-Davidson had been listed as a possible …
Indian Motorcycle Australia is offering test riders the opportunity to win a motorcycle with their 1 in 50 Competition. If you book a “Weekend Escape” on any Indian motorcycle before the end of September 2017, and buy a bike from their Polaris-owned Sydney, Brisbane, Melbourne or Perth dealerships, you have a one-in-50 chance of winning …
Despite axing Victory Motorcycles, a bump in Indian Motorcycle sales has helped Polaris reach a better-than-expected 17% increase in sales revenue in the first quarter of 2017. The company recorded $1,153.8 million in sales revenue, but a net loss of $2.9m partly due to the $38.6 million cost of winding down Victory Motorcycles. Polaris Industries …
Volkswagen is reported to be looking for buyers for Ducati to help pay off its multi-billion-dollar costs of the 2015 emissions scandal. So far news agencies such as Reuters are only quoting “two people familiar with the matter”, which doesn’t sound very authoritative. And they say they are only testing the waters for interest and …
Harley-Davidson is still the world’s “strongest” motorcycle brand, although it has slipped 14 places in the annual list of automotive brands, according to Brand Finance. The global finance analysis company values the brands of thousands of the world’s biggest companies every year, including automotive companies. Brands are evaluated to determine their strength based on factors …
American ATV and motorcycle manufacturer Polaris is currently in talks with MV Agusta to buy a major share in the Italian sportsbike manufacturer. The preliminary talks have been confirmed by none other than MV Agusta President and CEO Giovanni Castiglioni in an interview with US magazine Cycle News. Polaris developed Victory Motorcycles in 1998, bought …
With the addition of the Indian Springfield hard bagger, the range is complete and there won’t be any new platforms or a learner bike, says Peter Alexander managing director of Polaris Australia and New Zealand. In a long and wide-ranging interview with the boss of Polaris which owns and operates Indian and Victory motorcycles, Peter …