polaris industries inc (PII) Key Developments
Polaris Industries Inc. to Create 100 New Jobs in Conjunction with $20 Million Office Expansion Project in Plymouth
Aug 1 14
Polaris Industries Inc. is creating 100 new jobs in conjunction with a $20 million office expansion project in Plymouth. The company said it will purchase and renovate an existing 120,000-square-foot building that will house off-road vehicles including military and commercial, parts, garments and accessories and related businesses, sales, sales operations, dealer development, corporate marketing, Polaris acceptance, financial services, information systems and the interactive team.
Polaris Industries Inc. Unveils 2015 Product Offerings from its On-Road and Off-Road Vehicle Divisions During its Annual Summer Sales Meeting
Jul 30 14
Polaris Industries Inc. unveiled its 2015 product offerings from its on-road and off-road vehicle divisions during its annual summer sales meeting. The new lineup accelerates Polaris' long-standing reputation for innovation by launching unprecedented new vehicles while enhancing existing products. All-new vehicles include the RZR 900, RZR S 900, Full Size and Two-Passenger RANGER 570, Sportsman XP 1000, Sportsman ETX and Sportsman ACE 570 off-road vehicles, Victory Magnum and Indian Roadmaster motorcycles, and the all-new revolutionary 3-wheel motorcycle, Slingshot. The open air cockpit of Slingshot presents riders with a rush of sight, sound and smell. Its side by side seating gives both driver and passenger a front row shot of adrenaline. Its wide stance and sport-tuned suspension fuels a rider's desire to charge every corner. Slingshot is lightweight and powerful, making for heart pounding acceleration. This all-new vehicle is powered by a 2.4 liter dual-overhead cam engine and a 5-speed manual transmission. Slingshot has advanced motorcycle features including electronic stability and traction control, 3-wheel anti-lock disc brakes, LED taillights, forged aluminum roll hoops, and 3-point seat belts. Slingshot will retail at a starting U.S. MSRP of $19,999. RZR(R) launches its large line-up ever, bringing all-new products and significant innovations to every single segment, for every type of riding; 75% of RANGER(R)'s line up receives performance upgrades and restyling based on the industry's vehicle, the RANGER XP 900; Sportsman(R) ATVs add six new members, and redefines its premium and value offerings; and the Sportsman ACE(TM) line will expand with the addition of the Sportsman ACE 570. Polaris RZR(R) has defined the recreational side-by-side vehicles market by offering the broadest product line, including trail, high-performance and four-seat offerings, all of which feature the ultimate combination of power, suspension and agility. Model Year 2015 marks RZR's biggest year ever with the introduction of two new vehicles for the trail community, power enhancements to the RZR XP 1000 and RZR XP 4 1000 along with two new, purpose-built limited edition models for the ultimate experience in the mud and desert. RZR is going back to its roots for the trail community by redefining the first two RZR products with the introduction of the new 50 in/127 cm RZR 900 and 60 in/152.4 cm RZR S 900. The vehicles feature unequalled power from their 75 horsepower ProStar(R) 900 engine offering improved power-to-weight ratio and faster acceleration, highly-capable dual a-arm rear suspensions, unmatched agility, revolutionary ergonomics and styling borrowed from the popular RZR XP 1000 as well as unmatched accessory integration. For 2015, Polaris ups the ante again by giving the RZR XP 1000 and RZR XP 4 1000 a higher output 110 horsepower and performance with new direct flow intake covers, new belt and a new clutch cover with more ducting providing two times more airflow directly to the clutches. Additionally, Polaris is building upon the RZR XP 1000 in 2015 with the creation of the RZR XP 1000 High Lifter Edition and RZR XP 1000 Desert Edition designed specifically to provide the ultimate RZR experience in the mud and desert. The RZR XP 1000 Desert Edition also features the new Polaris Digital Interactive Display which is the most advanced instrumentation in ORVs. The display offers a full-color, 4.3 in/10.92 cm, LCD display providing riders with vehicle performance, operating conditions, riding conditions and Bluetooth(TM) capabilities. This cutting-edge technology also will be available on RZR 900 XC Edition and the RANGER XP 900 EPS Vogue Silver Deluxe. For Model Year 2015, the hardest working, smoothest riding line of utility vehicles, Polaris RANGER, received performance upgrades and restyling across 75% of its lineup based upon the vehicle, the RANGER XP(R) 900. In 2015, the RANGER XP platform will offer three power options: an upgraded 68 horsepower RANGER XP 900, new RANGER 570 Full-Size and the RANGER Diesel, now with a 3-cylinder, Tier 4 compliant KOHLER(R) Diesel Engine. The new 44 horsepower RANGER 570 Full-Size features the proven ProStar 570 engine with EFI and is a highly-capable, full-size RANGER for both recreation and work. Additionally, the two-passenger RANGER line got a significant boost in styling, ergonomics, versatility and accessory integration equal to the RANGER XP(R) 900 line. This includes the RANGER 570, RANGER EV and the new entry-level, 31 horsepower RANGER ETX with Electronic Fuel Injection (EFI). These upgrades include Lock & Ride(TM) PRO-FIT(TM) cab accessory integration, increased horsepower by 10% to 44 horsepower, and 20% more towing capacity, increased fuel range, more storage, and an improved bench seat for added comfort on the RANGER 570. All updates will also be integrated to the four-passenger RANGER CREW 900. The three power options are carried into the full-size, multi-passenger RANGER CREW platform. Also new for 2015, all full-size vehicles will receive new intake openings on the pillars behind the driver and passenger, allowing for improved airflow for the engine and clutch air intake systems. Additionally, Polaris is introducing three new Deluxe Package RANGER XP 900 EPS models: the RANGER XP 900 EPS Vogue Silver Deluxe Edition for the trail, RANGER XP 900 EPS Hunter Deluxe Edition for hunting, and RANGER XP 900 EPS NorthStar Deluxe Edition for cold weather and work. For 2015, Polaris is adding power to this popular new vehicle with the Sportsman ACE 570. The Sportsman ACE 570 has all the features of the original Sportsman ACE but is powered by a 45 horsepower, liquid-cooled, single-cylinder Pro-Star 570 engine delivering smooth, efficient power. Polaris has added six key new members to the Sportsman All-Terrain Vehicles (ATV) family for MY15 and has redefined its premium and value offerings. New to the Premium Line for 2015 are the Sportsman XP 1000 and Sportsman Touring XP 1000. Based on the revolutionary XP chassis, these models offer the smoothest, most-refined ride in the industry, coupled with the high performance in their classes. The units also feature Polaris' Engine Braking System (EBS) with Active Descent Control (ADC) to control downhill braking for optimal control and smooth, even deceleration to all four wheels. To measure up to the work, the units feature the high pulling and towing power at 1,500 lbs./680.4 kg and biggest rack capacity at 120 lbs./54.4 kg front and 240 lbs./108.9 kg. rear with a total of 100 built-in, tie-down points to ensure plenty of room to carry extra cargo. Building on great success of the popular Sportsman 570, Polaris is expanding the 500 class for MY15 by adding two premium models, the Sportsman 570 SP and Sportsman Touring 570 SP featuring several upgrades found on premium model ATVs.
Polaris Industries Inc. Appoints Matt Homan as President, Global Adjacent Markets
Jul 28 14
Polaris Industries Inc. announced that it is integrating several emerging business lines to create a new Global Adjacent Markets business and that it has named Matt Homan to lead the fully integrated business as President, Global Adjacent Markets. This new business unit is operational effective immediately. Homan has been with Polaris for 12 years and was previously Vice President, EMEA (Europe, Middle East and Africa) and Small Vehicles and prior to that Vice President of Off-Road Vehicles. In this new role, he will report to President and Chief Operating Officer Bennett Morgan and will be supported by dedicated Global Adjacent Markets teams, including human resources, engineering, finance, business development, operations and legal. Homan will also report to Wine for business development activities in the adjacent-market space. Under Homan's leadership, the Global Adjacent Markets business will have responsibility for all Small Vehicles product lines, including GEM, Goupil, Aixam/Mega and Brammo, as well as all commercial, Brutus, government and B2B applications of Off-Road Vehicles (ORV), Snow and Motorcycles outside Polaris' traditional dealer channels. Homan's team will also have responsibility for all merger and acquisition activity related to adjacent markets. Polaris' Defense product line will report financial results through the Global Adjacent Markets business, but continue to operate as a separate business line.
Polaris Industries Unveils Polaris Slingshot
Jul 28 14
Polaris Industries Inc. introduced the highly anticipated Polaris(R) Slingshot(TM), an awe-inspiring 3-wheel roadster that represents the future of on-road driving exhilaration. The all-new 2015 Polaris Slingshot - the awe-inspiring 3-wheeled roadster that delivers head-turning exhilaration. Starting at $19,999. Shown in Red Pearl. Photo c/o Polaris Industries. Slingshot(TM) is an entirely new on-road driving and riding experience. The open air cockpit of Slingshot(TM) hits user with a 360 degree rush of sight, sound, and smell. With side by side seating, both driver and passenger experience a front row shot of adrenaline. Its wide stance and sport-tuned suspension will make user want to charge every corner and never let off. With a low to the ground vehicle stance, user can feel the rush of pavement under user seat and in user chest. Slingshot(TM) is lightweight and powerful, making for heart pounding acceleration. Just punch it and user are there. Slingshot(TM) is powered by a 2.4 liter dual-overhead cam engine and a 5-speed manual transmission. It features a high strength steel spaceframe, a lightweight aluminum swingarm, and a carbon fiber reinforced drive belt. With a dry weight of less than 1,700 lbs., a very low center of gravity, and an engine that produces 173 horsepower, Slingshot(TM) delivers heart pounding acceleration and astonishing cornering power. Slingshot(TM) has advanced motorcycle features such as electronic stability and traction control, 3-wheel anti-lock disc brakes, LED taillights, forged aluminum roll hoops, and 3-point seat belts. Slingshot(TM) can also be personalized with premium accessories that are designed for user vehicle: larger tires with forged aluminum wheels, media console, windscreens, and vehicle covers. Slingshot(TM) is offered in two distinct trim levels. The base Slingshot(TM), with a U.S. MSRP of only $19,999, features titanium metallic paint, 17 inch lightweight alloy wheels upfront, and an 18 inch wheel in the rear. The premium model called Slingshot(TM) SL, with a U.S. MSRP of only $23,999, features red pearl paint, larger 18 inch forged aluminum wheels upfront and a 20 inch wheel in the rear, and a blade windscreen for wind protection. It also features media console with a 4.3" LCD screen, back-up camera, Bluetooth(R) integration, and a 6-speaker audio system. Both trim models will be available this fall at Polaris Slingshot(TM) dealerships across the United States and Canada.
Polaris Industries Inc. Announces Availability of its 2015 Line of Polaris Gem Vehicles
Jul 24 14
Polaris Industries Inc. announced the availability of its 2015 line of Polaris GEM vehicles. These vehicles are ready for order through all 260 authorized GEM dealers in North America. Backed by 60 years of Polaris performance and innovation, the lineup of transport e2, e4, e6 and light-utility vehicles eS, eL, eL XD, eM1400 -- feature zero-emissions and are equipped to seat two-to-six people and haul up to 1,450 pounds of payload. New for 2015, Polaris GEM is pleased to offer its customers an eM1400 LSV which is street legal on most city streets with posted speed limits of 35 mph or less. In addition, Polaris is launching the M1400 4x2 gas vehicle specifically designed for light-duty commercial utility applications. This vehicle has ground clearance, and payload of 1,400 pounds, similar to the GEM eM1400 launched late last year.