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

Indian Motorcycle Ownership Change

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 statement from the companies on the sale price or further details.

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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