Harley Davidson India Exit

Harley-Davidson made an announcement yesterday that it will be exiting the Indian market.

Harley davidson india exit. Harley-Davidson Exits India in Latest Setback By. Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers. Move part of Harley Davidsons global restructuring plan to cut costs.

Harley-Davidson to exit Indian market. By Nachiket Kelkar September 24 2020 1906 IST. FADA said that Harley dealers were not informed about the exit earlier and they received only a very minor compensation from the American company.

The brands network in India is now watching for what its new innings with Hero MotoCorp may bring. The company reported a 96 million loss between April 2020 to June 2020 which is the first quarterly loss for the motorcycle maker. Harley-Davidson to exit India On Sept.

Company is Cutting down staff and laying off 70 employees in India. The iconic American motorcycle brand has announced that it will be shutting down its sales and manufacturing operations in the country. The company will undergo a.

The maker of the Renegade cruiser too cited poor sales and low demand as the reason for its exit. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under. Decade long business has shut now in India for brand Harley-Davidson.

September 24 2020 739 AM EDT Motorcycle maker says it will dismiss another 70 employees. Industry sources said the company is looking to tie up with a partner to run its business in the country. Harley-Davidson exit India.