Indian Motorcycle is growing at a faster rate than its motorcycle rivals, a welcome sign for Polaris (NYSE:PII) as it seeks growth in the U.S. and beyond.
Polaris is competing for a bigger piece of a market long dominated by Harley-Davidson (NYSE:HOG), which controlled about 51% of U.S. motorcycle sales in the first quarter. Globally, Harley-Davidson’s quarterly motorcycle revenue increased 5% to $1.3 billion, far exceeding Polaris’ sales total of $188 million including parts and accessories.
Still, Polaris says … More
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