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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.
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.
During 2020 and 2021, sales exploded across the industry as people sought outdoor activities like ATV riding and boating. Polaris saw its trailing 12-month sales climb 24% from mid-2020 through ...
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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 ...