Indian Motorcycle has entered a new chapter in its 125-year history, with Carolwood LP completing its acquisition of America’s First Motorcycle Company. The deal, finalised overnight, sees Indian Motorcycle emerge as a fully independent, stand-alone motorcycle manufacturer.

The closure of the acquisition marks what Indian Motorcycle describes as a “new era of freedom”, bringing renewed clarity, focus and long-term commitment to the iconic American marque. The timing is significant, with 2026 also marking Indian Motorcycle’s 125th Anniversary.

The company will now operate under the leadership of newly appointed CEO Mike Kennedy, a well-respected motorcycle industry veteran. Kennedy says the move allows Indian Motorcycle to build on its recent momentum while sharpening its focus on product, performance and brand differentiation.

“It’s an incredible honour to take the helm of Indian Motorcycle as it celebrates its 125th Anniversary,” Kennedy said. “This is a chance not only to honour our history, but to drive the brand into the future with a renewed level of commitment, focus and clarity that can only come from being a stand-alone company.”

Carolwood LP and Kennedy have outlined a long-term strategy centred on improving the ownership experience for riders and strengthening relationships with Indian Motorcycle’s global dealer network, including Australia. Investment will be concentrated on the motorcycles, technologies and experiences riders value most, with an emphasis on performance, craftsmanship and the unmistakable character that defines the brand.

“We will achieve our vision by leaning into what makes Indian Motorcycle unique,” Kennedy said. “Our products must deliver a level of style, craftsmanship and performance that is justified by our historic legacy and spirit of innovation.”

Dealers are set to play a central role in Indian Motorcycle’s future, with Kennedy committing to making Indian the number one dealer experience in the industry. The company plans to work more collaboratively with dealers, actively incorporating feedback into operations, product development and marketing strategies.

“Dealers are our most important partners, and we will judge our business by their success,” Kennedy added.

As part of the acquisition, approximately 900 employees transition into the newly formed Indian Motorcycle Company. Manufacturing will continue at existing US facilities in Spirit Lake, Iowa, and Monticello, Minnesota, while design, engineering and product development will remain based in Burgdorf, Switzerland and Wyoming, Minnesota. Sales, service and dealer support are expected to continue seamlessly under the new ownership structure.

Kennedy also reinforced Indian Motorcycle’s commitment to domestic manufacturing. “America’s first motorcycle company will put America first,” he said. “‘Built in America’ isn’t a slogan – it’s a competitive advantage.”

For Australian riders and dealers, the move signals stability and a renewed long-term commitment to the Indian Motorcycle brand, with the promise of sharper products, stronger dealer support and a clearer global vision as the historic manufacturer heads into its next century.

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