Harley Davidson India Withdrawal

The withdrawal is part of an overhaul that Harley-Davidson HOG unveiled in July which will see it.

Harley davidson india withdrawal. Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. Harley Davidsons announcement of closing its manufacturing operations in India and reducing the size of its sales.

The withdrawal from India is a blow to Indian Prime. Iconic American motorcycle maker Harley-Davidson Motor Co. Collectively the brand bastions have been on a Blackfoot since Harley-Davidson announced withdrawal of independent operations in India.

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 will shut down its manufacturing plant in the northern Indian state of Haryana and significantly reduce its sales office. Wisconsin-based Harley-Davidson will shut down its manufacturing plant in the northern Indian state of Haryana and significantly reduce its sales office the company said in a statement.

In a filing with the United States Securities Exchange Commission Harley-Davidson Inc said its withdrawal from India would lead to the retrenchment of. A fortnight later the global leader in the manufacture of luxury bikes Harley-Davidson delivered a shock to the Modi government by announcing it was withdrawing from India and closing its. Harley-Davidson HOG recently announced the decision to exit India the worlds largest two-wheeler market by discontinuing its sales and manufacturing operations in the country.

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. The iconic US motorcycle brand is stopping manufacturing and massively scaling back its sales operations. Harley Davidson entered the Indian market in 2009 and was one of the first premium bikemakers to enter the Indian market.

Harley Davidson has announced their official exit from the Indian market. After Harley-Davidson announced its withdrawal from India in September they announced a partnership with Hero. 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.