Tough times at Polaris

[Richard230]

It looks like Polaris is getting hammered financially due to a vehicle recall.  This could have an impact on their ability to move forward with updating their electric motorcycle platform. 

http://www.bikebandit.com/blog/post/polaris-struggling-after-q3-sales-dip-nearly-20

[jazz999]

They recently shut down their electric bike division also

[Richard230]

They recently shut down their electric bike division also

Well, that is not good news.  But unfortunately, I am not surprised after reading that article. 

[shayan]

Any article stating they shutdown their electric bike division?

[Richard230]

Any article stating they shutdown their electric bike division?

An article stating that Polaris was having financial problems.  When big companies loose money, new projects that are not generating money get put on hold and people tend to get laid off until profits go back up.   

I have no idea where Jazz999 obtained his information.     Perhaps he can enlighten us. 

[jazz999]

Sorry I think I was misunderstood.  To clarify, Polaris shut down their Electric Bicycle division last month.  Sorry for the confusion.