An extremely rare, and extremely old, motorcycle will be heading to the auction block in a few weeks. The 1906 Indian Camelback is expected to fetch big money when it goes under the hammer at Bonhams in Las Vegas, US, on January 12, despite the fact that it’s a little rusty and hasn’t been driven [...]
Just a few days after Polaris acquired Indian Motorcycle, Polaris announced another company that will reside in its garage. Polaris will acquire Global Electric Motorcars, a subsidiary of Chrysler. GEM, based in Fargo, North Dakota, manufacturers electric powered vehicles. Polaris now has the oldest motorcycle manufacturer in US history with Indian Motorcycle, as well as [...]
Polaris has just announced that it will be keeping some of its engine manufacturing operations in Osceola, Wisconsin. After unexpected growth during 2010, it was rumored that Polaris may move into bigger facilities away from its Wisconsin home. Scott Wine, the CEO of Polaris, said yesterday that the team in Osceola is one of the [...]
Polaris Industries Inc. (NYSE: PII) today announced the acquisition of Indian Motorcycle. The business was acquired from Indian Motorcycle Limited (“IML”), a company advised by Stellican Limited and Novator Partners LLP, U.K. Private Equity firms. Terms of the transaction were not disclosed. “We are excited to be part of the revitalization of a quintessentially American [...]
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