Harley Davidson India Exit

Harley-Davidson is pulling out of India the worlds biggest motorcycle market.

Harley davidson india exit. Harley-Davidson made an announcement yesterday that it will be exiting the Indian market. Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite some time now. Harley-Davidson exit India.

Harley-Davidson is pulling out of India the worlds biggest motorcycle market. Industry sources said the company is looking to tie up with a partner to run its business in the country. This news didnt come as a surprise as it had been struggling with sales and revenue in.

70 employees to be axed. September 24 2020 739 AM EDT Motorcycle maker says it will dismiss another 70 employees. The maker of the Renegade cruiser too cited poor sales and low demand as the reason for its exit.

Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under. In 2019 the failure of Miami-based UM Motorcycles here led to a loss of over 150 crore to its dealers.

Harley-Davidson to exit Indian market. US bike maker Harley-Davidson has announced that it will discontinue sales and manufacturing operations in India as part of its rewire program in the wake of the Covid-19 pandemic. 24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.

Harley-Davidson is not the first American bike brand to see the end of the road in India. Harley Davidson logo AP. 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.