Motorcycle Industry News
Polaris Industries Inc., which recently acquired the iconic American Indian Motorcycle, said it has reached 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.
Polaris Industries Inc. (NYSE: PII) has reported it will keep some of its engine manufacturing operations in Osceola, Wis.
This announcement comes in response to stronger than projected growth in recent months for Polaris, which recently acquired the Indian Motorcycle brand.
Polaris Industries Inc. (NYSE: PII) today announced its acquisition of swissauto Powersports. Based in Burgdorf, Switzerland, swissauto has expertise in designing and developing high-performance and high-efficiency engines and innovative vehicles. The acquisition will further strengthen Polaris’ global engine and vehicle design capability while also enhancing the company’s European presence.