Harley Davidson India Revenue

With declining revenues profits sales and market share Americas most popular motorcycle manufacturer Harley-Davidson is now looking at the emerging economies India being on the top of its.

Harley davidson india revenue. Growth in the revenue from parts and accessories is expected to be 75. Is the primary stronghold for the company and represents more than 71 share of its revenue. The company also has a strong customer loyalty.

The company paid a cash dividend of 0375 per share in the fourth quarter and a cumulative total of 150 per share on a full-year basis. 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. With the success of the brand in India Harley-Davidson is now aiming for a ten-fold increase in sales in India by 20152016 to 10 000 units a year.

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. In fiscal year 2021 around 680 Harley Davidson bikes were sold across India. 89 of the revenue was earned by Harley-Davidson Motor Company and 11 of the revenue was earned by.

Harley-Davidson revenue for the quarter ending June 30 2021 was 1532B a 7707 increase year-over-year. Harley was never going for the mass market of course. Yes the indian market is really suitable to lauch the products of the brandBut HD will have to face different problems linked with the external factors.

The Hardwire is designed to enhance the desirability of Harley-Davidson and fuel our unique lifestyle. Thats steep for a market where the average bike with decent mileage starts at 50000 rupees and its nearest competitor prices closer to 150000 rupees. Right from easy EMIs to competitive interest rates explore the varied services and hit the road today.

However they are down 38 vs the 2019. So this was the second-worse first half out of last 11. In 2011 sales of these other products represented 148 of total revenue.