10 Best Motorcycle Companies in the World
by Qasim Aslam from https://www.insidermonkey.com Which big players are ruling the motorcycle industry? This article is going to tell you about the 10 best motorcycle manufacturers in the world right now. 10. Indian Motorcycle/Polaris Inc. (NYSE: PII) Polaris claims to be America’s first motorcycle company as it traces its origin back to 1901. It was established by an accomplished Bicycle racer George M. Hendee with the name of Hendee Manufacturing Company and established its first factory in downtown Springfield, USA in 1901. The company produced motorcycles for US Army during World War I. The name Hendee Manufacturing Company was changed to ‘The Indian Motorcycle Company’ in 1923. The company was closed in 1953 and several attempts failed to restart production until it was reborn with the name ‘Indian Motorcycle’ when Polaris Industries acquired it in 2011. It has over 300 international dealers in addition to a network of over 200 dealers in North America. Total sales of Indian Motorcycle and Polaris Slingshot in 2020 totaled 330,000 units. North America is the biggest market for them, where they sold 190000 units. Indian Motorcycle currently competes only in three segments of the motorcycle industry that are cruiser, touring, and standard motorcycles and so far they do not offer sports bikes. Their bikes are known for heritage-inspired designs, premium suspension, and beautiful styling. The most popular model of Indian Motorcycle is no other than ‘Scout’ as currently it is the finest cruiser bike in the motorcycle market. 9. KTM Industries AG Inhaber-Aktie (XSTU: KTMI.SG) KTM is currently the largest producer of motorcycles in Europe. The Austrian company which traces its origin from an engine repair shop in Austria made its first motorcycle in 1953. KTM went bankrupt in 1991 and was restructured in 1992. Now, KTM is jointly owned by Pierer Mobility AG […]
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