Celebrating 110 Years With Indian Motorcycle Company at the Sturgis Motorcycle Rally

Indian Motorcycle’s entire 2012 lineup will be displayed in Sturgis for the 71st annual motorcycle rally.  Indian Motorcycle accessories will also be on display with apparel for purchase. The show truck is located on the corner of 4th and Lazelle Streets in downtown Sturgis

In addition to the events display, Indian Motorcycle is inviting all 1901- 2011 Indian owners to park their motorcycles by the Indian Motorcycle Display to celebrate the 110 years of the company and enjoy the camaraderie of fellow Indian motorcycle owners.  Indian Motorcycle Company is proud to sponsor a breakfast and self-guided ride to the Sturgis half-mile flat track races for all Indian Motorcycle Owners. The ride will start with breakfast at the First Presbyterian Church, located at 1319 Junction Ave, Sturgis, South Dakota 57785 between 9:30am- 10:30am. The ride will leave from downtown Sturgis wind through scenic Spearfish Canyon, ending at the 1/2mile Flat Track Races in Sturgis. Please join us for a fun day of riding and racing. For more information the flat track races visit www.jackpinegypsies.com

 Indian motorcycle is the featured brand at the Knuckle Saloon, located at 931 1st Street in Sturgis . Friday August 12th, starting at 6pm is an Indian gathering. This is open to the public, and we invite Indian Motorcycle owners to show off rides and share some stories.

For more information on the Indian Motorcycle event schedule, dealership locations and openings, the motorcycles, accessories, apparel and gifts visit www.indianmotorcycle.com

 About Polaris

With annual 2010 sales of $1.99 billion, Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER® for recreational and utility use, snowmobiles, motorcycles and on-road electric powered vehicles.

Polaris is a recognized leader in the power sports industry, among the global sales leaders for both snowmobiles and ORVs.  The Company has established a presence in the heavyweight cruiser and touring motorcycle market with Victory motorcycles and the acquisition of the Indian motorcycle brand. Additionally, Polaris continues to invest in the Global on-road low speed vehicle industry with internally developed vehicles and the acquisition of Global Electric Motorcars (GEM).  Polaris enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships.

Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII”, and the Company is included in the S&P Mid-Cap 400 stock price index.

Information about the complete line of Polaris products, apparel and vehicles accessories are available from authorized Polaris dealers or anytime at www.polarisindustries.com

Polaris to Acquire Global Electric Motorcars LLC

MINNEAPOLIS (April 25, 2011) — Polaris Industries Inc. (NYSE:  PII) today announced an agreement to acquire Global Electric Motorcars LLC (GEM), a wholly owned Fargo, N.D. based subsidiary of Chrysler Group LLC and manufacturer of premium electric-powered vehicles.  GEM is the recognized leader within the low-speed vehicle market, with a well-respected brand and approximately $30 million in sales during the 2010 calendar year.  Since the company was established in 1998, they have placed over 45,000 electric-powered vehicles on the road worldwide.  GEM has developed business-to-business sales expertise within the fleet and government vehicle markets, and has created a competitive advantage with core competencies in make-to-order vehicle fulfillment and mobile service support.

 

“GEM provides Polaris with an established position in the low-emission small vehicle market and supports Polaris’ strategy of penetrating on-roadmarket segments poised for growth,” said Scott Wine, Polaris chief executive officer. “We are excited about the outlook for growth within this market space, and are looking forward to developing even stronger growth prospects for the GEM business.”

 

“Our vision is to accelerate profitable sales growth for GEM, by combining Polaris’ strength in new product innovation with the most-recognized brand in the low speed vehicle market space,” said Mike Jonikas, Vice President of the On-Road Vehicle Division.  “These new product efforts for GEM will be supported by an expanded distribution presence within select domestic and international markets.”

 

The agreement to acquire GEM will officially close within the next 60 days once Polaris secures the required state sales certifications to sell GEM products.  During this interim period, since Polaris will not yet have officially acquired GEM, operations will proceed as usual and Polaris will continue to learn and understand the GEM business through information exchange.  Following this interim period, Polaris will be in a position to outline specific plans for the GEM business.