Indian Reports Sales Up 80%
Indian Motorcycle Company is on the verge of its third model year since its resurrection into the market in late2008 and the company says it’s growing despite the nation’s economic woes.
“We are delighted with our retail sales growth, expanding dealer network and enthusiastic customer base”said Chris Bernauer, General Manager for Indian Motorcycle Company. “Retail sales are growing each and every month and year-over-year retail growth is extremely strong. With the sales growth, an expanding dealer network and the best customers in the world, our future is looking extremely bright.”
With year-over-year sales up over 80% in a still-shaky US economy, Indian’s says it’s future is bright. In a press release, the company said that May was it’s strongest growth month to date, with retail sales up 214% from May 2009. However, Indian did not provide numbers of bikes sold during this period.
Fueling the retail growth is an expansion of it’s dealer network. Indian Motorcycle currently has 29 dealers open worldwide, and expects to have 35 dealerships open worldwide by the end of 2010.
Private equity firm Stellican Ltd., owner of Chris Craft boats and the soccer team Vicenza is attempting to succeed at reviving the 108 year old brand despite several attempts by other companies over the past two decade.
The website Clutch and Chrome has a photo of the new Indian Blackhawk, to be unveiled in Sturgis.