Indian Motorcycle Retail sees 17 per cent growth in sales
Photo credits: Displanet.net
Indian Motorcycles just recently revealed its latest model, the Scout Bobber, and it seems like the firm is doing really well in terms of business.
Polaris Industries, the parent company of Indian Motorcycle, has just announced the results for the second quarter of 2017. The firm, owning the Indian Motorcycle brand, has stated that there is an increase in sales by 21 per cent to $1.36 billion in the April to June 2017 period. Indian Motorcycle delivered strong retail sales increasing 17 per cent for the quarter.
International sales were doing really good in Australia, Europe and Mexico.
Photo credits: Indian Motorcycle
“Performance improved in many parts of our business during the quarter, particularly within our international and PG&A businesses. The powersports industry remained very competitive and headwinds persist, but we were encouraged by the return to growth in our Side-by-Side business and continued strength and aggressive share gains for Indian Motorcycles,” said Scott Wine, Chairman and Chief Executive Officer of Polaris Industries.
“In a weak motorcycle industry, Indian continues to demonstrate how a complementary combination of exciting new bikes, strong dealer execution, and overall brand momentum can prevail.”
“Dealer engagement is a corporate priority and from profitability to delivery and communications, the consistent progress we are making is augmenting our retail results. We still have a lot of work to do, but we are seeing results from the strong and sustainable improvements we are making to the fundamentals of our business, as we establish the foundation of a renewed growth platform.”
Photo credits: Indian Motorcycle
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