Harley Davidson Announces India Exit
Company is Cutting down staff and laying off 70 employees in India.
Harley davidson announces india exit. Harley-Davidson is not the first American bike brand to see the end of the road in India. The Harley-Davidson model- 1200CX Roadster witnessed a drastic decline in sales unit by 83 being able to record only 3 units in July 2019. The company is planning to close its manufacturing facility in Bawal Haryana and significantly reduce the size of.
Primarily in North America Europe and select South East Asian markets. What is the reason for Harley-Davidsons near Exit from India. Harley-Davidson to scale down India operations but wont exit market.
The US premium motorcycle company has recently announced its departure from India the worlds second largest two-wheelers market. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers. As part of the global rejigging Harley-Davidson is likely to make Thailand its main hub for Asia Pacific due to the southeast Asian countrys competitive tax regime the sources said.
Harley Davidson exit to impact around 2000 jobs across dealerships. American cult bike manufacturer Harley Davidson on Thursday said it is discontinuing its current business model in India. The move is part of an overhaul in its global operating model.
About 13 of Indians own a two-wheeler of some brand. This news didnt come as a surprise as it had been struggling with sales and revenue in. There are no bikes to sell anymore.
Announces plant shutdown to cut salesforce. HARLEY-DAVIDSONS EXIT FROM INDIA. Harley Davidson Announces India Exit Its all over now said Singh a service representative.