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Polaris then recalled the sleds and quickly developed a new prototype to avoid bankruptcy. [8] The new model, the 1965 Mustang, became a hit as a family snowmobile and boosted Polaris sales. Polaris continued to develop snowmobiles similar to this model throughout the 1960s-1970s, and went on to become one of the leaders in the snowmobile industry.
In 1982–1984, the snowmobile market was in a downward slide, and the driving force behind the snowmobile program, executive vice president Robert Carlson, had left the company. This made ending the snowmobile program an easy decision for Deere. The parts supply and all snowmobile-related resources were sold to Polaris. There was an ...
Bombardier slowed promotion of the Ski-Doo line to prevent it from crowding out other company products, while still dominating the snowmobile industry [11] against competitors Polaris Industries and Arctic Cat. In 1963, Roski was created in Roxton Falls, Quebec as a manufacturer of composite parts for
The company started making small snowmobiles in 1973 after purchasing the Snö-Tric brand. The first dual-track snowmobiles that Aktiv made were the Snö-Tric Blå 75- and SC 20/2 75-. The Grizzly was also sold under license by Polaris Industries as the "Polaris Grizzly de luxe". This version had a Fuji 440 ccm engine.
Image source: The Motley Fool. Polaris (NYSE: PII) Q4 2024 Earnings Call Jan 28, 2025, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
The number of snowmobiles in Europe and other parts of the world is low. Snowmobiles designed to perform various work tasks have been available for many years with dual tracks from such manufacturers as Aktiv (Sweden), who made the Grizzly , Ockelbo (Sweden), who made the 8000, and Bombardier who made the Alpine and later the Alpine II.
Polaris saw its trailing 12-month sales climb 24% from mid-2020 through mid-2021. Sales climbed even higher from there, peaking in mid-2023. But the last 18 months have been tough for Polaris.
Arctic Cat is an American brand of snowmobiles and all-terrain vehicles manufactured in Thief River Falls, Minnesota.The company was formed in 1960 and is now part of Textron Inc. Arctic Cat designs, engineers, manufactures, and markets all-terrain vehicles, snowmobiles and related parts, garments (such as snowmobile suits), and accessories.
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