Harley Davidson Quit India
Harley-Davidson reported losses of 96 million between April 2020 to June 2020.
Harley davidson quit india. Bikes Sold in India before exit- Harley Davidson Forty Eight Street Rod 1200 Custom Low Rider Forty Eight Special and Low Rider S. Major blow to local manufacturing September 25 2020 October 19 2020 5 min read Mainak Das Making the speculation true the American cult bike manufacturer Harley-Davidson has announced that it will shut down manufacturing operations in India as the bikemakers sales remain week and outlook stands shaky. Harley Davidson is leaving India at a time when the auto industry is seeing a low with a depressed market and consumer demand.
Harley-Davidson is shutting down its sales and manufacturing operations in India as part of its strategy to reduce costs and refocus its efforts on more profitable markets. The company entered the Indian market in 2010. 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.
Harley Davidson Representative Image. Harley Davidson conformed to quit the worlds largest motorcycle market. Harley-Davidson to exit India On Sept.
Automobile dealer body FADA on Friday said the closure of Harley Davidsons operations in India would lead to job loss for up to 2000 workers across the brands 35. About 10 million two-wheeler vehicles are sold in India every single year. Other on the list include General Motors and MAN Trucks while Ford has also quit solo operations and has joined hands with Mahindra Mahindra.
No other brand competes with Harley Davidson in the luxury cruiser bike segment. Harley Davidson leaving India. Another latest automobile company to join the bandwagon of auto companies exiting India is the famous Harley Davidson.
In India Harley Davidson found a fierce challenger in the Royal Enfield and by all means it came up short against the local rival. Ford F and General Motors GM have both cut back operations in India in recent years. 117 year old iconic motorcycle brand Harley Davidson has shut down Indian operations and quit manufacturing and sales operatons in India.