Did anyone happen to notice this press release quote from
Polaris in the article that I referenced yesterday:
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.And now we have this report that states (or surmises, it is becoming hard to know what is fact and what is speculation, anymore) that Brammo is dumping product this year in order to improve their sales numbers prior to an IPO next year:
http://www.greencarreports.com/news/1094120_brammo-electric-motorcycle-prices-cut-by-5000-to-7000 My vote is that Polaris will take over the manufacture, marketing and sales of Brammo electric motorcycles and the Brammo company will become the R&D consultant to Polaris and other EV firms, while Craig goes off in a corner of Brammo to develop a new electric sports car.
I am not buying the IPO idea. I just don't think it will sell on the stock market right now.
But then what do I know? I get most of my information from watching TV news and reading my local newspaper.