Uncertain Future for America's Oldest Bike Maker
Indian Motorcycle, the 124-year-old historic brand, 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, leaving many to wonder about the future of the brand.
The unexpected and sudden nature of the sale, Carolwood’s seeming lack of relevant experience, and Polaris’ barely concealed glee at ridding itself of Indian have most observers confused and concerned for the future of this 124-year-old Indian brand.
Carolwood LP has a diverse portfolio, including real estate, hot sauce, and a chain of bagel shops in the UK, but lacks experience in the vehicle industry.
The buyer's lack of experience in the world of vehicles has raised concerns among observers.
Author's summary: Indian Motorcycle's future uncertain after sale.