Indian Motorcycle reveals Spirit of Munro short film

Photo Credit Barry Hathaway - SoM 4Hello to my friends in the Powersports Industry. One of my most proud career moments is upon us – the release of a short film that captures the enthusiasm, work ethic and commitment by those connected to the Indian Motorcycle brand through the Spirit of Munro tribute motorcycle. Below you will find links to the film itself as well as a behind the scenes mini documentary that lets you visit with some of the amazingly creative people behind this work.

I must give credit and the utmost respect to my friends who made this project possible. As I have managed the program and proudly unveiled it in Daytona Beach in March, it has grown to be seen and appreciated at an International level and has been lauded with many kind words and the support of Indian Motorcycle fans. Jeb Scolman of Jeb’s Metal and Speed in Long Beach California was tasked to build this machine around a prototype Thunder Stroke 111. Jeb did so with three solid months of 18 hour days, taking only Christmas day off, building a truly stunning tribute machine to Burt Munro and the spirit of those who choose to do rather than just watch from the sidelines. It’s a remarkable piece of work that must be seen to be appreciated. It will be on display in Sturgis this summer as we launch the new Indian Chief.

Also requiring credit are Polaris Industries media team members David Shelleny and Mark Nevils who took on pushing the film project through Polaris Industries. Commitment is one thing – but it takes money to make something as beautiful as this film – and they asked favors of suppliers and pushed our managers for final approval and a budget – the results are worth putting their necks on the line as you will see. Adam Brummond and the crew from The Factory did an outstanding job in interpreting our shared vision in the final piece, also calling favors and assembling a committed, talented and rugged crew. Credit Barry Hathaway for some remarkable photos and his own commitment to the project as he documented the secret build for months as well as shot the images of the bike in motion. Todd Eagan accepted the challenge of riding the untested bike on the dry lake. The first time power was applied in gear was on that dry lake. Jeb’s work shone through as the bike tracked perfectly straight. While we certainly were not going for high speeds for the film – Todd told me after two runs “It’s perfect and man does she want to GO!” We estimate speeds on subsequent runs just topping 100 miles per hour. And yes, there is plenty left.

Photo Credit Barry Hathaway - SoM 2 Photo Credit Barry Hathaway - SoM 6 Photo Credit Barry Hathaway - SoM 7 Photo Credit Barry Hathaway - SoM 10 Photo Credit Barry Hathaway - SoM 14 with Jeb Scolman Photo Credit Barry Hathaway - SoM 18 Photo Credit Barry Hathaway - SoM 21 With Todd Eagan and Jeb Scolman Photo Credit Barry Hathaway - SoM 23 Todd Eagan Photo Credit Barry Hathaway - SoM 33 With Robert Pandya Photo Credit Barry Hathaway - SoM 34 with Robert Pandya and Todd Eagan Photo Credit Barry Hathaway - SoM 37 Robert Pandya This complete film project was shot in only two days. It took guts to makes the commitments, skill to tell the story and faith in people that it would represent what is truly a key piece in the long history of motorcycling. This is the first motorcycle to be publically seen powered by the Thunder Stroke 111, and the Spirit of Munro film captures the legacy of this great brand while pushing it forward to the future.  - Robert Pandya

Pricing on New Indian Chief Signals Intent To Compete For Larger Motorcycle Share

indian-silouette Indian Motorcycle, announced it will release the first new Spirit Lake era model during the 2013 annual Sturgis  motorcycle rally, and it will retail for $7,000 less than previous models.

 “We are honored to make today’s important announcements at this time, as it was roughly 112 years ago that the very first Indian Motorcycle prototype was demonstrated to the press on the streets in Springfield, Massachusetts,” said Vice President of Polaris Motorcycles Steve Menneto. “We’re especially proud to reveal that our inaugural model will be the iconic Indian Chief. Riders around the world will be thrilled to know their choice in American motorcycles will now come in the form of an all-new Indian Chief.”

 In addition to announcing the first model to come out of the Spirit Lake, Iowa production plant, pricing for the all-new 2014 Indian Chief will start at an MSRP of $18,999. Inventory is expected to be available at Indian Motorcycle dealerships throughout North America later in the year. Additional Indian Motorcycle dealerships will be opening across the country this summer to accommodate bike demand and service needs.

This pricing sends a clear message that Indian intends to compete for a larger motorcycle share than industry analysts first thought.   It has been widely rumored that Indian would focus on the “luxury” motorcycle market segment with bikes that start in the $25 to $30,000 range.

“When Polaris Industries acquired this brand two years ago, our goal from the outset was to leverage our engineering, manufacturing and operational prowess as a market leader in powersports to design and build a truly exceptional motorcycle that represents the perfect balance of legendary heritage and brilliant, state-of-the-art engineering and technology,” continued Menneto. “All of us at Indian Motorcycle are very proud to offer the 2014 Indian Chief at a starting price of $18,999. We set out to make the power and heritage of this beautiful new bike available at a price point that is competitive and more accessible to people who are looking for authenticity and choice in American motorcycles.”

At this price point, Indian will compete directly with Victory and Harley-Davidson in the large cruiser segment.

 The new Indian Chief will be revealed at the 73rd annual Sturgis Motorcycle Rally in Sturgis, South Dakota, which runs August 3-11, 2013. Specific details on the launch timing will be announced this summer. The Sturgis Motorcycle Rally, the world’s largest motorcycle rally, was started in 1936 by an Indian Motorcycle club, the famed Jackpine Gypsies. Indian Motorcycle is proud to reclaim that heritage and share the historic reveal of the 2014 Indian Chief with the rider community at  the 2013 Sturgis Rally.

 For more information please visit www.indianmotorcycle.com, follow us on Twitter at www.twitter.com/indianmotocycle, and Like Us at www.facebook.com/indianmotorcycle. To learn more about the Jackpine Gypsies, log on to www.jackpinegypsies.com.

ABOUT INDIAN MOTORCYCLE

Indian Motorcycle, a wholly-owned subsidiary of Polaris Industries Inc. (NYSE: PII), is America’s first motorcycle company. Founded in 1901, Indian Motorcycle has won the hearts of motorcyclists around the world and earned distinction as one of America’s most legendary and iconic brands through unrivaled racing dominance, engineering prowess and countless innovations and industry firsts. Today that heritage and passion is reignited under new brand stewardship. To learn more, please visit www.indianmotorcycle.com.

ABOUT POLARIS INDUSTRIES

Polaris is a recognized leader in the powersports industry with annual 2012 sales of $3.2 billion.  Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles.

Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands.  Additionally, Polaris continues to invest in the global on-road small electric/hybrid powered vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris and KLIM branded apparel and Polaris accessories and parts.

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 vehicle accessories are available from authorized Polaris dealers or anytime at www.polaris.com.

INDIAN MOTORCYCLE UNVEILS THE 2013 INDIAN CHIEF VINTAGE FINAL EDITION

Limited Units Available of Special Highly Collectible Model Designed to Commemorate the End of One Era in Motorcycling History, and the Beginning of Another

International Motorcycle Show, Long Beach, Calif. — December 8, 2012 — Indian Motorcycle, the original American motorcycle company, today announced the 2013 Indian Chief Vintage Final Edition, the final version of the Kings Mountain era of Indian Motorcycle, which is available in very limited quantity. The new model year 2013 Indian Chief Vintage Final Edition was unveiled before a gathering of the motorcycle industry press from the floor of the International Motorcycle Show in Long Beach, California, which takes place December 7th through December 9th at the Long Beach Convention Center.

This announcement marks the end of the Kings Mountain era of the Indian Chief, and signifies an important milestone in the 111-year storied history of the Indian Motorcycle brand. With a paint scheme emulating the iconic Indian Chief on display at the 1939 World’s Fair in New York, the stunning new collectible 2013 Indian Chief Vintage Final Edition is a fully accessorized motorcycle that befits its place in the history of motorcycling. The extremely limited number of these bikes available is sure to excite collectors and pave the way for the new era in Indian Motorcycle under the leadership of Polaris Industries.

The 2013 Indian Chief Final Edition comes fully loaded with the World’s Fair-inspired paint scheme of Indian Red, Thunder Black, and Gold Pinstripe; auxiliary driving lamps; black leather solo seat with included detachable passenger seat; windshield; black leather saddlebags; chrome grab rail; leather fringe; engine guards; and chrome fender tips. Powered by the PowerPlus 105ci engine, this historic 2013 model will be manufactured in an extremely limited run and wears a custom-designed, numbered emblem on the frame to commemorate the brand’s historic achievements.

 

“We are working hard designing and building the new Indian Motorcycle, but we knew it was important to honor and celebrate the long and proud heritage of Indian Motorcycle, and the Kings Mountain era played a key role in that continuing history,” said Steve Menneto, Vice President of Motorcycles at parent company Polaris Industries. “When we acquired the Indian Motorcycle brand in 2011, our strategy was to retain the existing design, quality and high level of detail for which Indian Motorcycle has always been known, while making significant detail improvements in order to satisfy the continued demand from Indian Motorcycle dealers. The Final Edition is an acknowledgement of our gratitude to the team at Kings Mountain for sustaining the Indian Motorcycle story and its heritage as America’s original motorcycle brand.”

The Kings Mountain, North Carolina assembly line was transitioned to Polaris’ Spirit Lake, Iowa production facility in 2011. The line was transported and returned to full operation in an astounding eight weeks, and continued to produce new units for the Indian Motorcycle dealer base. The state-of-the-art Spirit Lake plant also manufactures Polaris Rangers and Victory Motorcycles, though each brand is built on its own dedicated assembly line.

Pricing and Availability

The 2013 Indian Chief Vintage Final Edition is exclusively available for purchase in North America with a MSRP of $37,599 and $39,599 in Canada. Interested parties are encouraged to contact their local Indian Motorcycle dealer as soon as possible due to limited availability. Log on towww.indianmotorcycle.com for dealer and model information.

Polaris Enters Indian Market with Eicher Motors Limited

MINNEAPOLIS (July 24, 2012) — Polaris Industries Inc. (NYSE: PII) today announced a joint venture with Eicher Motors Limited, a leading manufacturer of commercial vehicles and motorcycles in India. The joint venture will develop and market new products to meet the diverse vehicle needs in India and other emerging markets. The agreement creates a new operation, wherein Polaris and Eicher each control 50 percent. The overall investment is expected to be approximately $50 million, shared equally between the partners over a three-year period.

 

Polaris Industries Inc. CEO Scott Wine (right) and Eicher Motors Limited CEO and Managing Director Siddhartha Lal (left) happily shake hands after signing an agreement for their companies to enter into a joint venture. Both men expressed great excitement about the potential of this new joint venture, in which the companies will cooperatively develop new products for India and other emerging markets. (Photo: Polaris Industries Inc.)

“This agreement instantly expands and enhances Polaris’ presence in India and supplying access to additional emerging markets around the globe and leverages Polaris’ strength in product innovation and vehicle development” said Scott Wine, Polaris CEO. “Eicher’s financial strength and rich history as a leader in the Indian market makes them the perfect partner for Polaris in India. This joint venture represents an incredible opportunity to develop new vehicles and realize global growth.”

Eicher is a well-established, powerful brand in India. The company today is comprised of Royal Enfield, an iconic motorcycle brand, and VE Commercial Vehicles Limited (VECV), a 50/50 venture with Volvo. VECV, established in 2008, manufactures and markets medium-to-heavy-duty trucks and buses, engineering components and provides engineering design solutions. Between its two business divisions, Eicher has a dealer network with more than 400 locations in India.

“At Eicher Motors Limited, we are committed to long term growth and value creation for our stakeholders through both organic and inorganic expansion,” said Siddhartha Lal, managing director and CEO, Eicher Motors Limited. “This joint venture strongly supports our strategic direction. Currently, we are active in the commercial vehicle and motorcycle categories. Collaborating with Polaris allows us to enter new profitable vehicle segments.”

The joint venture will benefit from the complementary and shared strengths each partner provides, utilizing these collective talents to co-develop new products for emerging markets. Polaris’ unmatched innovation in engineering and design, paired with Eicher’s powertrain expertise, economical engineering and knowledge of local markets create a powerful combination. The companies’ shared dedication to manufacturing excellence and responsible management further strengthens this partnership.

While strategies are still under discussion, Eicher and Polaris plan to cooperatively build a new manufacturing facility to support this joint venture, with production projected to start in 2015.

Indian Announces 2012 Models and Pricing

When Polaris Industries bought the iconic Indian brand in April of this year it was wildly speculated that Polaris would introduce sweeping changes to the marquee.  At the dealer meeting the new models were unveiled and there were very few changes evident.  This wasn’t surprising to industry watchers.  It takes time to overhaul designs.  Major engine architecture modifications, if that’s the direction Polaris is going, won’t be seen for at least another year.

Gone is the Indian RoadMaster, and there’s no Indian Scout, despite internet rumors to the contrary.

Yet with only three new models, there is little doubt they’ve felt the strong hand of legendary Polaris engineering.  Behind the scenes in the areas of quality, fit and finish these 2012 models are sure to be vastly improved  across the board.

Pictures and More after the poll

Retail prices have remained somewhat constant from last year.  The Vintage Chief starts at $35,999 and tops out at $36,899.  The Indian Chief Classic retails at $26,499 and the Indian Chief Darkhorse is just shy of $28,000.

Additionally for the first model year under this new stewardship, the inaugural motorcycles will be numbered to 110 – signifying the years since the Indian Motorcycle brand was born. These numbered motorcycles will be highly collectible with badges and certificates authenticating the historical significance of the first production run of bikes under Polaris ownership.

 

 

 

 

Polaris Recalls Steering Component

Vehicle Make / Model: Victory / Cross Country                                                                                                                      Model Year(s): 2011

Manufacturer: Polaris Industries, Inc.                                                                                                                                         Mfr’s Report Date: May 31, 2011

NHTSA Campaign ID Number: 11V305000                                                                                                                               NHTSA Action Number: N/A

Component: Steering : Wheel and Handle Bar

Potential Number of Units Affected: 840

Summary:
Polaris is recalling certain model year 2011 Victory Cross Country Motorcycles manufactured from Jan.1, through April 11,2011. The handlebar clamps and/or risers may have been machined incorrectly which could cause the handlebars to slip in the clamps.

Remedy:
Polaris will notify owners, and dealers will test and replace defective riser/clamp assemblies, free of charge, the safety recall is expected to begin during June 2011. Owners may contact Victory Customer Service @ 1-888-704-5290

Notes:
Owners may also contact the National Highway Traffic Safety Administration’s Vehicle Safety Hotline @ 1-888-327-4236 (TTY 1-800-424-9153) OR GO TO HTTP://WWW.SAFERCAR.GOV .


Roadsmith Introduces Indian Trike Conversion

White Bear Lake, MN ( May 25, 2011)- The unmistakable look of the Indian Motorcycle has been turning heads for over a 110 years and the Indian Chief has always been the most iconic of the tribe. It was with this in mind that legendary trike company, Roadsmith Trikes, took on this model as their newest design and initial foray into this brand of motorcycle trike conversion.

Following Indian’s recent sale to Polaris Industries, it’s a sure bet that this brand will receive a much needed boost from its new owners and, quite possibly, a return to its former popularity and status. Knowing this, Roadsmith’s design team went to great lengths to capture every nuance of the design and personality of this easily recognizable motorcycling legend.

With its swooping rear fenders and graceful lines, this new trike design continues the look and feel of the original while, at the same time, creating a comfortable and utilitarian three-wheeled version. Complete with a spacious trunk (requiring only one hand to open) and fully independent suspension, this new model offers all of the comfort and convenience one would expect from a Roadsmith.  Options include the company’s proprietary AccuRideTM Automatic Leveling Suspension System, as well as a host of other convenient and stylish options and accessories.

 

Roadsmith Trikes is based in White Bear Lake, MN where it manufactures and distributes twelve different trike conversion kits for Honda, Harley-Davidson and now Indian motorcycles. They are also represented by over a hundred dealers in the U.S. and Canada as well as their own retail locations, The Trike Shop at Destination Daytona and on Beach Street in Daytona Beach, FL.

 

Mark Blackwell Joins The Board Of Zero Motorcycles

SANTA CRUZ, Calif. (May 10, 2011) – Zero Motorcycles, the global leader in the electric motorcycle industry, today announced that Mark Blackwell joined its Board of Directors. Mark was inducted into the AMA Motorcycle Hall of Fame in 2000. Mark started racing while in his teens and was one of the very first American Motocross superstars. After his racing career, Mark has held positions of increasing responsibilities in the motorcycle industry, initially at Suzuki, then at Husqvarna, at Suzuki again and finally at Victory Motorcycles where he was Vice President & General Manager through a critical growth period for the brand. In addition to his new responsibilities with Zero, Mark remains an executive of Polaris Industries.

“I am delighted to join the Board of Zero Motorcycles. I have tracked the progress of the company from afar and been impressed with its growing product line and its increasingly well-established brand, channel, and supply chain. I look forward to helping the company grow in the coming years and advising its team of talented, industry-experienced executives,” said Mark Blackwell.

“My colleagues and I have known Mark for a while and we greatly value his industry insight, knowledge of motorcycles, and years of managerial expertise,” said Aflalo Guimaraes, Managing Director of The Invus Group, LLC and a Zero board member. “We are excited Mark has elected to join the Board of the company and we know his contributions and talents will make an enormous impact on our business moving forward. We look forward to a close and productive relationship with him.”

About Zero Motorcycles:
Zero Motorcycles is the next step in motorcycle evolution and represents the ultimate electric motorcycle technology. Unencumbered by conventional thinking about how they design, manufacture and sell high performance electric motorcycles, they are on a mission to turn heads and revolutionize their industry by combining the best aspects of a traditional motorcycle with today’s most advanced technology.

 

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.

 

Polaris Reports Record First Quarter 2011 Results; EPS Increased 127% to $1.34 on 49% Sales Growth

MINNEAPOLIS, Apr 20, 2011 (BUSINESS WIRE) — Polaris Industries Inc. (NYSE:PII) today reported record first quarter net income of $47.3 million, or $1.34 per diluted share, for the quarter ended March 31, 2011. By comparison, 2010 first quarter net income was $19.8 million, or $0.59 per diluted share. Sales for the first quarter 2011 totaled $537.2 million, an increase of 49 percent from last year’s first quarter sales of $361.7 million.

“Given our excellent start to the year we are significantly raising our expectations for sales and earnings for the full year 2011,” continued Wine. “We will continue to make prudent strategic investments and our strong balance sheet, with $346 million in cash on hand and only $200 million in debt at March 31, 2011, gives us the strength and flexibility to remain aggressive in identifying opportunities to accelerate growth. In addition, product innovation remains at the forefront of our strategy, as evidenced by our January launch of the all-new RANGERRZR XP(TM) 900 recreational vehicle and the Victory High-Ball(TM) custom cruiser, in addition to the March introduction of our model year 2012 snowmobiles.”

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