Bocor Documents, Indian Motorcycle Ready To Release From Polaris And Focus On Classic Motorcycles

Indian motorbikes 2025. (Photo: Visordown)

JAKARTA Internal information leaked to the public reveals the big step that is being taken by Indian Motorcycle. The legendary motorcycle manufacturer from the United States is reportedly ready to separate from its parent company, Polaris Inc., and switch to ownership of investment company Carolwood LP.

This move marks a significant change in direction for Indian Motorcycle. In a letter leaked to the media, Carolwood conveyed her vision for the brand's future.

Obviously the Motorcycle will be our flagship company. Our goal is to build an agile and integrated American motorcycle company, one that respects India's unmatched heritage while competing for the future," Carolwood's management wrote in the letter.

For 12 months to 30 June 2025, Indian Motorcycle recorded revenue of around 478 million US dollars, or approximately IDR 7.95 trillion at the current exchange rate. This figure is equivalent to about seven percent of Polaris' total revenue.

After the deal is finalized, which is targeted in the first quarter of 2026, Carolwood will fully control Indian product business direction and strategy. Leaks of letters to the dealer network also confirmed that daily operations would not be disrupted.

Joel Harmon of Carolwood even asked dealers to remain aggressive in marketing products and maintaining relationships with the fan community.

"Keep going. Our job is to keep the Indian spirit alive," he said.

However, a number of analysts assess that this restructuring has the potential to affect dealer networks in several countries, especially in Europe such as the UK, where sales are still small and rely on multi-brand stores.

Carolwood in the same letter also confirmed that the latest 2026 Indian Motorcycle model will be announced by the end of this year. They emphasize that the focus of the brand remains on classic cruise and touring motors, not on expansion to the sport or adventure segment.

Polaris' move to release the Indian was called a strategy to strengthen their off-road vehicle line and snow. Meanwhile, Carolwood has ambitions to bring the Indian to a premium brand with a stronger classic touch.

With a long history since 1901 and the 125th anniversary to be commemorated in January, Indian Motorcycle is now preparing to write a new chapter under the new flag. This will be a celebration you don't want to miss," Carolwood concluded in her letter.