Today we are going to talk about one of the most marketed debuts for an alternative to an American made motorcycle. Reported here two years ago, industry giant Polaris acquired the rights and intellectual properties to the Indian name brand. Since that acquisition, we have been hearing stories that the new Indians would be well engineered, attractive and not priced out of the market. Polaris has been very busy, and during Sturgis this year they unveiled the NEW INDIANS. All I have to say, is this was one of the most anticipated debuts in American motorcycle history. The actual coming out party was extremely well attended and the folks who … Continue Reading
Polaris Industries faxed its dealer network late Tuesday afternoon to announce it had acquired Indian Motorcycle Ltd., a move I see as placing a big target on Harley-Davidson’s back and raising the specter that Harley might be facing some decent domestic competition in the near future. Indian is a company that is advised by Stellican Ltd. and Novator Partners LLP, two United Kingdom private equity firms.
Adding some support to my prognosis, Polaris Industries Inc. (NYSE:PII) stock was up 26 percent this morning after news of the Indian Motorcycle Ltd. (IML) acquisition. That’s a gain of 48 percent year-to-date. And further bolstering the news was the release today of … Continue Reading