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Indian Motorcycle Breaks With Polaris

When the news broke that Polaris Industries would be selling a majority stake in Indian Motorcycle to private-equity firm Carolwood LP, the sound that followed wasn’t just the click of a press release hitting inboxes. It was a collective double-take across the motorcycle world.
For over a decade, Polaris has been the guiding hand behind Indian’s comeback story — resurrecting the century-old American brand from dormancy and turning it into Harley-Davidson’s most credible rival in modern times. But with this new deal, expected to close in early 2026, Indian Motorcycle is about to chart its own course as a standalone company.

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