Harley Davidson India Exit

But its 33 dealers have collectively sold just 25000 motorcycles since.
Harley davidson india exit. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. Harley-Davidsons India exit has left a number of people in the dark. Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite some time now.
Iconic American motorcycle maker Harley-Davidson Motor Co. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers. Its dealers are heavily hit.
24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. In 2019 the failure of Miami-based UM Motorcycles here led to a loss of over 150 crore to its dealers.
Move part of Harley Davidsons global restructuring plan to cut costs. But the dismay goes far beyond just money lost because for many this is a harsh and abrupt end to a passionate 10-year old love affair. Harley Davidson logo AP.
Harley Davidson Inc the cult bike maker is shutting down its factory in India due to low sales. The move is part of an overhaul in its global operating model. The maker of the Renegade cruiser too cited poor sales and low demand as the reason for its exit.
By Nachiket Kelkar September 24 2020 1906 IST. 70 employees to be axed. September 24 2020 739 AM EDT Motorcycle maker says it will dismiss another 70 employees.