Harley Davidson India Exit News
Harley-Davidson will shut down sales in India.
Harley davidson india exit news. The iconic US motorcycle brand is stopping manufacturing and. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. The announcement comes as part of the Rewire strategy.
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. American cult bike maker Harley-Davidson has decided to shut down its India factory as business remains sluggish and sales are hard to come by. Harley-Davidson exit India.
India is the largest motor-cycle market in the. Royal Enfield has successfull y created an affordable but strong brand alternative to Harley-Davidson. Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers.
Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite. Harley-Davidson has announced that they will halt sales and manufacture in India in effect exiting one of. The iconic US motorcycle brand is stopping manufacturing and.
Harley-Davidson made an announcement yesterday that it will be exiting the Indian marketThis news didnt come as a surprise as it had been struggling with. In April 2007 the then Indian government had relaxed emission and testing norms paving the way for import of Harley Davidson bikes to India in return for allowing mango exports from the country to the US. 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-Davidsons entry bike in India was the Street 750 with a price tag of Rs 47 lakh. The company reported a 96 million loss between April 2020 to June 2020 which is the first quarterly loss for the motorcycle maker. What is the reason for Harley-Davidsons near Exit from India.