Indian Motorcycle has been sold by Polaris Inc. to Carolwood LP, a California-based private equity company, ending Polaris' 28-year involvement in the industry.
The sale has raised concerns about the future of the 124-year-old brand, given Carolwood's lack of experience in the vehicle industry.
The unexpected and sudden nature of the sale... have most observers confused and concerned for the future of this 124-year-old Indian brand.
Author's summary: Indian Motorcycle's future is uncertain after sale to Carolwood LP.