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.

Polaris, the current owner, has sold a majority stake in Indian Motorcycle to Carolwood, a real estate and private equity firm.

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

Polaris will retain a small equity in the new company.

No official statement has been provided regarding the future plans of the new company.

Author's 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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