Uncertain Future for America's Oldest Bike Maker
Indian Motorcycle, America's oldest bike manufacturer, has been sold by Polaris Inc. to Carolwood LP, a California-based private equity company.
The sale marks the end of Polaris' 28-year involvement in the motorcycling industry, with the company seemingly relieved to be rid of the brand.
- Carolwood LP has a diverse portfolio, including real estate, hot sauce, and a chain of bagel shops in the UK.
- However, the company appears to have no experience in the vehicle industry, sparking concerns for the future of the 124-year-old Indian brand.
The unexpected and sudden nature of the sale has most observers confused and concerned for the future of this historic brand.
Author's summary: Indian Motorcycle's future is uncertain after being sold to Carolwood LP.