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 undergone a change in ownership.

The sale of a majority stake in Indian Motorcycle by Polaris to real estate and private equity firm Carolwood has been announced.

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 regarding the deal.

Author's summary: Indian Motorcycle becomes independent.

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