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We need to remember here that Victory grew out of Polaris' mid1990s unsuccessful attempt to buy the Indian brand name. If the attempt had been successful, what we know as Victory's would have been wearing an Indian tank badge. Whether the apparent magic of the brand name would have worked well enough to keep them in production, who knows?"Should Indian shut their doors again?" No, absolutely not.
Will Indian shut their doors again? No idea. But Polaris does have history of opening and closing different markets.