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Victory Motorcycles – Going Out of Business

My wife had me thinking of getting a Victory touring bike. (great wife, I know.) Of course, I had to wait till, I either sold the motorcycle I have or  we were in a better financial situation.  She liked the one she saw at the Arlen Ness shop in California.  I had visions of the Motorcycle Radio Podcast riding again.  Then out of the blue, BAM!  I heard that Polaris, the mother company of Victory cycles was killing the thing. WTF!  Say it isn’t so…

Direct from the Polaris site:

 

POLARIS INDUSTRIES TO WIND DOWN VICTORY MOTORCYCLES OPERATIONS

STRENGTHENING ITS POSITION IN THE POWERSPORTS INDUSTRY

MINNEAPOLIS (January 9, 2017) — Polaris Industries Inc. (NYSE: PII) today announced it will immediately begin winding down its Victory Motorcycles brand and related operations. Polaris will assist dealers in liquidating existing inventories while continuing to supply parts for a period of 10 years, along with providing service and warranty coverage to Victory dealers and owners. Today’s announcement does not affect any other Polaris business units.

“This was an incredibly difficult decision for me, my team and the Polaris Board of Directors,” said Polaris Industries Chairman and CEO Scott Wine. “Over the past 18 years, we have invested not only resources, but our hearts and souls, into forging the Victory Motorcycles brand, and we are exceptionally proud of what our team has accomplished. Since inception, our teams have designed and produced nearly 60 Victory models that have been honored with 25 of the industry’s top awards. The experience, knowledge, infrastructure and capability we’ve built in those 18 years gave us the confidence to acquire and develop the Indian Motorcycle brand, so I would like to express my gratitude to everyone associated with Victory Motorcycles and celebrate your many contributions.”

Several factors influenced today’s announcement. Victory has struggled to establish the market share needed to succeed and be profitable. The competitive pressures of a challenging motorcycle market have increased the headwinds for the brand. Given the significant additional investments required for Victory to launch new global platforms that meet changing consumer preferences, and considering the strong performance and growth potential of Indian Motorcycle, the decision to more narrowly focus Polaris’ energy and investments became quite clear.

“This decision will improve the profitability of Polaris and our global motorcycle business, and will materially improve our competitive stance in the industry,” said Scott Wine. “Our focus is on profitable growth, and in an environment of finite resources, this move allows us to optimize and align our resources behind both our premium, high performing Indian Motorcycle brand and our innovative Slingshot brand, enhancing our focus on accelerating the success of those brands. Ultimately this decision will propel the industry-leading product innovation that is core to our strategy while fostering long-term growth and increased shareholder value.”

Polaris will reduce the appropriate operating cost based on this decision, while continuing to support the future growth of the ongoing motorcycle business. Polaris remains committed to maintaining its presence in the Spirit Lake, Iowa community with Indian Motorcycle production and in the Huntsville, Alabama community with its Slingshot production.

Any one-time costs associated with supporting Victory dealers in selling their remaining inventory, the disposal of factory inventory, tooling, and other physical assets, and the cancellation of various supplier arrangements will be recorded in the 2017 income statement in respective sales, gross profit and operation expense. These costs will be excluded from Polaris’ provided 2017 sales and earnings guidance on a non-GAAP basis.

 

Great mother of pearl! Now what?  Do I get a bike from my friends in White Plains, MD and squirrel it away or just wait?  What do you think?

 

Domestic violence is a sensitive issue that may lead to serious repercussions if continued.

It can be defined as an aggression or physical abuse aimed at one’s spouse or domestic partner; typically violence and brutality by men against women.

A good proportion of women globally, are affected by a number which doesn’t pay heed to age, race, religion, ethnicity, academic background or economic position.

Women are often treated as a commodity. Social isolation, lack of comfort to the native language and deprivation of financial security is what is added to the dilemma and often aggravates their situation.

Let’s take a look at some of signs of Domestic violence which would suggest that it is prevalent in an arrangement.

  1. Controlling- People, generally men who abuse are often seen as bullying or commanding.

  2. Restricting- Abusers imposing restrictions on victim’s day to day activities.

  3. Envy and possessiveness – Excessive passion and possessiveness is seen owards their belongings, family members and pets.

  4. Unstable and Hot-tempered – People involved in domestic violence are usually very short tempered. They often like to make a mountain out of a molehill.

  5. Destruction of self worth – Every action of abusers is aimed at depletion and destroying victim’s self esteem and confidence.

  6.             Horror and Fear – Abusers would often try to instill feeling or fear and dismay out of                              victim’s mind.

 

 

From contributing author  Amy D.

http://www.manuelianlawfirm.com

 

I understand the First Amendment of the US Constitution that gives Americans the the “right of the people…to petition the Government for a redress of grievances” but the spirit of the law to which it was intended has lost its power. Puppeteers have hijacked it and use it to further their causes. The past few marches and protest I have seen in the media were bogus. There are people paid to march and incite trouble (crowdsondemand.com). There are organizations and celebrities that rely on the media to stay solvent. They use people. Racist and spin doctors use these events to incite discord and fear. Only love conquers hate. I have a problem with the people, friends and family that help carry negative messages when unity is needed.

I don’t see the good from marches today in the age of the internet.  If I am missing something, please tell me.

True believers and followers of Jesus Christ should not be the ones stirring up dissension, mistrust and racism under the banner of honoring Rev. Dr. Martin Luther King, Jr. Politics is almost as old as prostitution and just as dirty. Which has clouded the minds of Americans. This is 2017 not 1967. Things are a lot different. I remember.  Don’t be confused, or used with the rhetoric.

President Obama is almost worshipped today as a deity by some. I would like to remind you that he is a politician. The Bible clearly shows that following that type of honor to a man above the Most High God will get you a king afterwards that brings you back to your knees.  My God is still in charge.

Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. Martin Luther King, Jr.

Racism is not exclusive to white supremacist. Don’t think as a black person you can’t and don’t speak, and do racist things. Freedom has given people the ability to be wrong, evil, mean spirited regardless of skin color, finances or social status. The so-called Christians should know better.

The law of retaliation, is the principle that a person who has injured another person is to be penalized to a similar degree. Its also known as the “eye for an eye” rule.

“an eye for an eye leaves the whole world blind”-Ghandi

If I hear one more preacher mention Trump or Clinton, I may just scream. They should have a point or they should shut up.  If you want to honor Dr. King, talk about peace, unity, love and Jesus Christ.

Politics affects us all. It shapes society and influences culture. I get that. The Apostle Paul urges that prayers be made “for kings and all who are in high positions, that we may lead a peaceful and quiet life” (1 Timothy 2:1-2). Paul understood the need for Christian participation in government. Rev. King “caught hell” during his ministry for being involved in the political process instead of just preaching the Gospel and ultimately was martyred. He helped lead the civil rights movement against racial segregation and discrimination. But that is not what we have today with the people that use his name.

There is a difference. It’s that nuance that I am trying to bring to your attention.  Learn to discern.

“Life is too short to spend time with people who suck the happiness out of you.”

When it comes to picking your next four-legged friend, there are plenty of reasons why a rescue dog should top your list.

It’s Not the Dog’s Fault

It’s a common myth that dogs in rescue facilities must have something wrong with them, but this simply isn’t true. The most common reasons for giving a dog up to a shelter are changes in the owner’s life: moving house, changes in financial circumstances, and personal problems. Many are perfectly well-behaved and well trained; if this will be your first dog or you have a busy life, a rescue dog who already knows the ropes will be ideal. Puppies are adorable, but training and caring for one is intense and time-consuming.

Diamonds in the Rough

Rescue dogs have just as much character and are equally as intelligent as anything with a pedigree. Some are even able to perform assistance dog tasks and detect seizures in their owners, just like trained service dogs. It’s also worth considering that many pure-bred dogs come with certain problems – pugs have breathing difficulties and are prone to skin infections, while German Shepherds are known for developing arthritis and bad hips. A lot of these issues result from breeding standards which are designed to be attractive or win prizes at shows; rescue dogs of mixed breeding don’t need to conform to these standards and are often healthier as a result.

Responsible Choices

By adopting, you’re also helping to deal with a chronic pet overpopulation problem. Rather than supporting the market for more dogs to be bred, take one who is already out there and looking for a home. Rehoming also helps to reduce the profit to be made from inhumane puppy mills. There is very little regulation on the conditions for breeding dogs, and with puppies of fashionable breeds easily fetching thousands of pounds, there is easy money to be made at the expense of the dogs’ welfare. If you have decided on a specific breed and can’t find one locally, try contacting the relevant association or registry.

Save a Life

By adopting a rescue dog, you can literally save a life. Many shelter animals are euthanized each year because of overpopulation. Shelters do amazing work and provide the best environment they can, but are often stretched for money and resources. Adopting a rescue dog gives it the chance of a new life in a happy home, and eases pressure on the shelter. Your adoption fees will go straight back into helping other animals in need.

Jenny is a new contributor of this blog.


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