Harley Davidson India Exit
24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.
Harley davidson india exit. The company entered the Indian market in 2010. This news didnt come as a surprise as it had been struggling with sales and revenue in. FADA said that Harley dealers were not informed about the exit earlier and they received only a very minor compensation from the American company.
Its dealers are heavily hit. The move is part of an overhaul in its global operating model. Industry sources said the company is looking to tie up with a partner to run its business in the country.
After a decade long business in India Iconic American motorcycle brand Harley-Davidson has decided to drive out from India. The company will undergo a. Harley Davidson Inc the cult bike maker is shutting down its factory in India due to low sales.
Harley-Davidson is pulling out of India the worlds biggest motorcycle market. Harley Davidson to exit India seeks local partner to serve existing customers. Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers.
Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite some time now. American cult bikemaker Harley-Davidson often used by US President Donald Trump in trade diplomacy with India is shutting down its only factory in India on below-par business as it. The iconic US motorcycle brand is stopping manufacturing and massively scaling back its.
Company is Cutting down staff and laying off 70 employees in India. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under. When Harley-Davidson entered India in 2010 it was the second-fastest growing two-wheeler market in the world behind China.