Harley Davidson India Withdrawal

In a filing with the United States Securities Exchange Commission Harley-Davidson Inc said its withdrawal from India would lead to the retrenchment of.

Harley davidson india withdrawal. Fresh from the confirmation Harley-Davidson has put the Bronx streetfighter on hold or axed it altogether if you want to read between the curated yet very non-committal press statement reports suggest it could be considering withdrawing from certain markets that hurt its bottom line. Harley-Davidson has decided to continue retailing 13 models in India. With this analysis India clearly suggests a sturdy solid and an encouraging outlook for an investment.

The withdrawal is part of an overhaul that Harley-Davidson HOG unveiled in July which will see it. It is not surprising because Hero has not just dealerships in every city as well as rural areas but also a vast servicing network to provide after-sales service to its customers. In the 10 years that the brand has been here it has only managed to sell just over 25000.

American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under which it will withdraw from a few international markets in a bid to cut costs and streamline the operations to put in more focus on its profitable markets. A new Ford Aspire car is on display for sale inside a showroom in New Delhi India November 1 2018. Harley-Davidson is discontinuing sales and manufacturing in India after more than a decade trying to break in to the worlds largest motorcycle market.

Following GM Harley-Davidson. The PEST analysis and the economic wellbeing truly will inspire Harley Davidson for an investment in India. Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite.

The withdrawal from India is a blow to Indian Prime. The iconic US motorcycle brand is stopping manufacturing and massively scaling back its sales operations. This is the first major announcement from Harley-Davidson since the brand decided to withdraw its operations in the country.

After Harley-Davidson announced its withdrawal from India in September they announced a partnership with Hero. Owning the road is now made easy with the Harley-Davidson Financial Services - the one and only hassle-free option that fits your bike into your budget. Harley Davidson entered the Indian market in 2009 and was one of the first premium bikemakers to enter the Indian market.