January 9, 2017 / 2:44 PM / 7 months ago

BRIEF-Polaris to cease manufacturing of Victory motorcycles, effective immediately

Jan 9 (Reuters) - Polaris Industries Inc

* Polaris Industries to wind down Victory motorcycles operations strengthening its position in the powersports industry

* Says announcement does not affect any other polaris business units

* Says "remains committed to maintaining its presence in Spirit Lake, Iowa"

* Says one-time costs associated with supporting Victory dealers in selling their remaining inventory will be recorded in 2017 income statement

* Says competitive pressures of a challenging motorcycle market have increased headwinds for Victory brand Source text for Eikon: (bit.ly/2juDMbw) Further company coverage:

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