I'm new to this forum but have been around forums for a while,
Plus have been real close to a lot of people that work at the Indian factory in Gilroy CA.
As of Friday Sept 19, 2003 Indian Motorcycles closed its doors there, We have worked as an out side vendor for them sence they were founded back in 1999, Sorry to give you indian owners the news this way but you can read an article in the San Jose Mercury news about it
Here is a link to the article
Indian Motorcycles

 

Nobody really discussed this, but I think it's very sad. What really sucks is that they rolled out the proto's for 2004, had just gotten all the parts in to start building them....and then got the rug pulled from under their feet.

I really feel bad for the dealers that are strictly Indian dealers, they were just starting to build momentum and had some really good deals going and now this. Hell, the got notified when the public did.

Well, Indians will still be around....and who knows the name may re-surface again as it did not too many years back. Just sucks when something like this happens to a good moto company.

 

That does suck. Don't like to see workers get laid off, we've had enough of that lately. Indian makes/made a fine motorcycle, and I hate to see something with so much history come to an end again. Hopefully they'll be able to drum up some investors again soon.

 

my local dealer has told me that there will be a buy out or buy in on 10/17/03.
I don't know how true it is, I just hope so.

 

Just read that Indian was bought by Italian entrepreneur who plans to re-launch the bike line and sell to people at the high end market, doctors, lawyers, etc. He has saved other companies from dismiss. I wish them good like, it is a good looking bike.

 

Last I head, J&P Cycles here in IA bought out Indian, all the parts and etc.. they had left over. He sent a couple semi's out there to pick everything up, and is going to market the parts and accessories pretty heavily. Anyone else hear this?

 

Not only heard it, check out the newest J&P catalog. They have tons of Indian stuff for sale. I think they bought all remaining stock that the company had, and the rest was auctioned off to public including the facilities and equipment. The investor may have bought the right to operate under that name or the remainder of what was left. Won't this be the fourth attempt to launch Indian?

 

I read about it in the august issue of Texas Full Throttle mag, page 19 They have a web site www.readfullthrottle.com. Have not been there yet but I would think the article would be there.