Harley Davidson India Revenue
Mar 19 2021.
Harley davidson india revenue. Harley-Davidson offers a range of 11 models in India from each of its six platforms Sportster Dyna Softail V-Rod Touring and Street in addition to a full range of parts accessories and general merchandise available through authorized dealerships. Growth in the revenue from parts and accessories is expected to be 75. The revenue earned by Harley-Davidson Inc.
Harley was never going for the mass market of course. Harley-Davidson generated 8683 million of cash from operating activities in 2019 compared to 121 billion in 2018. In fact for the first six months of 2021 Harley-Davidsons sales have been up 18 per cent.
Published by Statista Research Department May 10 2021. Harley-Davidson Inc had announced in September 2020 to discontinue its sales and manufacturing operations in India effectively abandoning the worlds biggest motorcycle market after a decade of unsuccessful efforts to gain a foothold. However they are down 38 vs the 2019.
Zeitz reversed several crucial strategic decisions made by his predecessor Matt Levatich and over the past three months from April till June 2021 Harley-Davidson posted a 24 per cent increased in sales compared with the same period in 2020. Harley-Davidson revenue for the twelve months ending June 30 2021 was 4845B a 748 increase year-over-year. Harley-Davidson global sales are slow recovering.
So this was the second-worse first half out of last 11. Harley-Davidsons poor sales record and a dented demand outlook due to the coronavirus pandemic are to blame for the companys exit from India. H-D generated around 405 billion US.
Dollars in revenue. It has been in the Indian market for nearly a decade but has so far managed to sell only 27000 bikes barely half of what the countrys segment leader Royal Enfield sells in a month. In North America the US.