With Harley and LiveWire’s 2022 figures out of the way in which, extra manufacturers are entering into the brand new 12 months with piles of manila-shod proofs – and at this time, the quarterly outcomes come from Indian’s mother or father firm, Polaris.
In accordance with RideApart, Polaris made $2,400,000,000 (sure, that’s billions) in gross sales, with 88% of these gross sales dominated by the American market. Globally, the corporate is celebrating a +21% spike, translating to a home +23%.
Very good.
“Worldwide markets account for the remaining 12 % of Polaris’ deliveries, which equals $296M in gross sales,” contributes protection from RideApart.
“Trying forward, we see vital alternative for fulfillment supported by a powerful pipeline of latest merchandise and continued provide chain enchancment,” provides Mike Speetzen, Polaris’s CEO.
Out of Polaris’s financial triumphs, Indian’s additionally contributed – although the proportion was within the single digits and nothing too fancy.
Contemplating “retail gross sales for the comparable motorbike {industry} shrunk within the mid-single digits %,” any optimistic share is a win in each our (and Speetzen’s) books.
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“Though macroeconomic headwinds could persist in 2023, our workforce stays agile and poised to ship industry-leading innovation that’s in keeping with the Polaris model,” Speetzen finishes.
Polaris is anticipating a 0-to-5-percent gross sales enhance for 2023, with their sporty new FTR (and the brand new contest to win the customized Loeb FTR).
What do you suppose?
*Media sourced from InsideEvs, Bike Each day, and Bike.com*
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source https://lickscycles.com/polaris-reveals-fourth-quarter-outcomes-for-2022/
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