Indian Motorcycle bought out by Carolwood, becomes independent company, Polaris retains small equity - paultan.org

Indian Motorcycle Changes Ownership

US motorcycle maker Indian Motorcycles has changed hands, with a majority stake being sold by current owner Polaris to real estate and private equity firm Carolwood.

Indian Motorcycle will continue to operate as part of Polaris until the deal is complete, expected to occur in early 2026.

Polaris will retain a small equity in the new company.

No official statement has been provided by the companies.

Author summary: Indian Motorcycle becomes independent.

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Paul Tan's Automotive News Paul Tan's Automotive News — 2025-10-14

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