Harley Davidson Quit India
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 quit india. India dropped the tariffs on Harley motorcycles from 75 to 50 in 2018. Yet none of this was enough to prevent Harley Davidson from winding up its operations in India. The American company which primarily produces large-capacity cruisers recently announced its exit from India citing consistently low levels of demand for its bikes which made it unviable for Harley to continue running its manufacturing and assembly operations in Bawal Haryana.
Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers. 117 year old iconic motorcycle brand Harley Davidson has shut down Indian operations and quit manufacturing and sales operatons in India. Harley Davidson conformed to quit the worlds largest motorcycle market.
The point to note is that 95 of Indians cannot afford Harley-Davidson bikes and this was the single most important reason behind the failures of Harley-Davidson and success of Royal Enfield. Harley-Davidson reported losses of 96 million between April 2020 to June 2020. PUBLISHED ON SEP 25 2020 0205 AM IST.
Harley-Davidson sold only 176 bikes in India last month. Harley Davidson Representative Image. Harley Davidson leaving India.
Harley-Davidson has decided to call it quits in India owing to low demand of its bikes. Yet none of this was enough to prevent Harley-Davidson from winding up its operations in India. In India Harley Davidson found a fierce challenger in the Royal Enfield and by all means it came up short against the local rival.
Another latest automobile company to join the bandwagon of auto companies exiting India is the famous Harley Davidson. Other on the list include General Motors and MAN Trucks while Ford has also quit solo operations and has joined hands with Mahindra Mahindra. Harley-Davidson quitting India as part of Rewire strategy.