Polaris to sell Indian Motorcycle brand

by | Oct 13, 2025 | Business | 0 comments

admin

admin


“Indian Motorcycle is an iconic brand built on American heritage, craftsmanship, and most importantly, a community of riders,” said Andrew Shanfeld, principal at Carolwood, in the release. “We’re honored to help usher in its next chapter as an independent company.”

The new CEO of Indian Motorcycle will be Mike Kennedy, who was CEO of RumbleOn, the nation’s largest powersports dealership group. Kennedy also led aftermarket parts manufacturer Vance & Hines and served 26 years at Harley-Davidson in various capacities.

Polaris got into the motorcycle business in 1997 with its own lineup called Victory, which it discontinued to concentrate on Indian.

The Indian Scout, a mid-size cruiser, is the most popular bike in the U.S. for its class.

Polaris remade its most popular motorcycle, the Indian Scout, in 2024. (Polaris Inc.)

With the sale of Indian, 900 employees will transition from Polaris to Carolwood. The motorcycles are primarily made in Monticello, Minn., and Spirit Lake, Iowa. The business also has an industrial design center in Burgdorf, Switzerland, that will transfer to Carolwood.

Mike Dougherty, the president of the Polaris segment that includes Indian, will retire when the transaction closes.



Source link

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest