The Victory Motorcycles are a wholly owned subsidiary of Polaris Industries. The company began making motorcycles in 1998. In the period of eight years, the company invested around US$ 100 million in the development of the motorcycles and till 2006 the motorcycle division became profitable for the first time. In 2009, the first decade of success was celebrated with sales over US$ 113 million, but the global recession, resulted in declining sales, profit and the company had to implement corporate restricting and layoffs.
The current challenges faced by the company were that with the global recession and Continue reading...