Polaris Sells Indian Motorcycle in Shock Deal
Polaris has announced it is selling the iconic Indian Motorcycle brand.
The American V-twin manufacturer will be spun off into its own company before being sold to a private equity group, Carolwood LP.
According to Polaris CEO Mike Speetzen, the deal is designed to benefit both companies, as it will
"enable each business to move faster, deliver industry-leading innovation, and lean further into our respective market strengths."
This sale marks a pivotal moment for the celebrated brand and raises a crucial question: what does the future hold for Indian Motorcycle?
Polaris has been the custodian of America’s first motorcycle company for over a decade, resurrecting it from a troubled past into a genuine challenger to Harley-Davidson.
Author's summary: Polaris sells Indian Motorcycle to Carolwood LP.