Polaris, an American automotive manufacturer, owns a number of companies and subsidiaries. It is a global leader in the powersports industry and has expanded its business empire through various acquisitions and investments. Polaris Inc. operates in multiple sectors such as motorsports, automotive, and defense. The company is listed on the New York Stock Exchange under the ticker symbol PII and is included in the S&P 400 component. With a revenue of US$8.2 billion in 2021 and a workforce of 16,000 employees, Polaris holds a prominent position in the market. Let’s explore some of the companies owned by Polaris.
Key Takeaways:
- Polaris is a global leader in the powersports industry.
- Polaris owns a diverse portfolio of companies and subsidiaries.
- The company operates in multiple sectors, including motorsports and automotive.
- Polaris is listed on the New York Stock Exchange and included in the S&P 400 component.
- Polaris has a strong revenue and a large workforce, solidifying its position in the market.
Polaris Subsidiaries in the Motorsports Industry
Polaris owns several subsidiaries in the motorsports industry, contributing to its diverse portfolio. Let’s take a closer look at some of these subsidiaries:
Indian Motorcycle Company
Indian Motorcycle Company, acquired by Polaris in April 2011, is a renowned manufacturer with a rich history dating back to 1901. Polaris produces motorcycles through this subsidiary, offering a range of high-quality and performance-driven bikes.
Polaris ATVs
Polaris also manufactures all-terrain vehicles (ATVs) under its own brand. These ATVs are designed to excel in various terrains, providing a thrilling and capable off-road experience for enthusiasts and professionals alike.
Polaris Snowmobiles
In the snowmobile industry, Polaris is a major player, producing a wide range of snowmobiles for recreational and utility purposes. The company’s snowmobiles are known for their performance, versatility, and durability, ensuring an exciting and reliable ride on snow-covered terrain.
Polaris Boats LLC
Polaris also owns Polaris Boats LLC, which is involved in the manufacturing of boats. The company’s boats are designed to deliver exceptional performance and reliability, offering a thrilling experience on the water.
| Subsidiary | Industry |
|---|---|
| Indian Motorcycle Company | Motorcycles |
| Polaris ATVs | All-Terrain Vehicles |
| Polaris Snowmobiles | Snowmobiles |
| Polaris Boats LLC | Boats |
Polaris Subsidiaries in the Automotive Sector
Polaris has expanded its presence in the automotive sector through a number of subsidiaries. The company manufactures a wide range of utility vehicles and off-road vehicles under the Polaris brand. These vehicles are designed for various purposes including outdoor recreation, work, and transportation. Polaris offers diverse models catering to different customer needs, from compact utility vehicles to heavy-duty off-roaders.
In addition to traditional internal combustion engine vehicles, Polaris has also ventured into the electric vehicle market. The company’s commitment to innovation and sustainability led to the acquisition of Brammo, an electric vehicle company, in 2011. This strategic move enabled Polaris to enter the electric motorcycle market and develop cutting-edge electric vehicle technologies.
As a leader in the automotive sector, Polaris continues to invest in research and development to enhance the performance and environmental sustainability of its vehicles. The company’s dedication to producing high-quality and reliable automotive products has earned it a strong reputation among consumers and industry experts alike.
Polaris Automotive Subsidiaries
| Subsidiary | Products |
|---|---|
| Polaris Utility Vehicles | Utility vehicles for outdoor recreation and work purposes |
| Polaris Off-Road Vehicles | Off-road vehicles for rugged terrains and challenging environments |
| Polaris Electric Vehicles | Electric motorcycles and other electric vehicles |
With its diverse portfolio of subsidiaries and investments, Polaris remains at the forefront of the automotive industry, driving innovation and setting new standards in performance, sustainability, and customer satisfaction.
Other Polaris Subsidiaries and Investments
In addition to its presence in the motorsports and automotive sectors, Polaris has expanded its business empire to other industries as well. The company owns a number of subsidiaries and has made strategic investments to further enhance its product portfolio and global presence.
One of Polaris’ notable subsidiaries is Goupil Industrie S.A., a company focused on the manufacturing of electric utility vehicles. This subsidiary aligns with Polaris’ commitment to sustainability and innovation in the automotive industry.
Polaris also has several international subsidiaries, including Polaris Europe, Polaris India, and Polaris Canada Holdco LP. These subsidiaries cater to specific regional markets and contribute to Polaris’ global reach.
Through strategic acquisitions, Polaris has expanded its offerings and diversified its business. Some of its notable acquisitions include Brammo, an electric vehicle company, and Klim, a specialist in premium outdoor apparel. These acquisitions have not only broadened Polaris’ product range but also strengthened its position in the market.
FAQ
What companies does Polaris own?
Polaris owns a number of companies and subsidiaries in various industries, including motorsports, automotive, and defense.
What are some of Polaris’ subsidiaries in the motorsports industry?
Polaris owns Indian Motorcycle Company, which produces motorcycles, as well as Polaris Boats LLC, which manufactures boats. Polaris is also known for its high-performance all-terrain vehicles (ATVs) and snowmobiles.
What does Polaris produce in the automotive sector?
Polaris manufactures utility vehicles and off-road vehicles under its own brand. Additionally, Polaris has ventured into the electric vehicle market through its subsidiary Brammo, which produces electric motorcycles.
Does Polaris have subsidiaries outside of the motorsports and automotive sectors?
Yes, Polaris owns Goupil Industrie S.A., a subsidiary focused on manufacturing electric utility vehicles. The company also has international subsidiaries such as Polaris Europe, Polaris India, and Polaris Canada Holdco LP. Polaris has made strategic acquisitions and investments to expand its product portfolio and global reach.