Famous American motorcycle maker Harley-Davidson is Wild Turkey Motor Harley Davidson shirt considering halting its assembly in India due to low sales and a lack of prospects for future demand.
Wild Turkey Motor Harley Davidson shirt, hoodie, tank top, sweater
Just a decade after entering India, famous American motorcycle maker Harley-Davidson is considering halting its assembly operations in the South Asian country due to low sales and a lack of future demand prospects. .
The Hindu network, on August 20, citing information about the Wild Turkey Motor Harley Davidson shirt preliminary negotiation process, said that the legendary motorcycle brand is exploring a number of car manufacturers about the possibility of signing an outsourcing agreement with the use of using its assembly facility in Bawal, Haryana state in northern India. Harley-Davidson is expected to only maintain some basic operations to provide after-sales service, support dealerships and possibly the sale of fully imported CBU vehicles.
This decision is in line with Harley-Davidson’s latest restructuring strategy to focus on 50 markets, mainly in North America, Europe and a part of Asia-Pacific, which accounts for “the bulk of capacity and development potential of the Wild Turkey Motor Harley Davidson shirt company “. In a statement accompanying its second-quarter business results last month, Harley-Davidson emphasized, “the company is evaluating plans to withdraw from international markets where capacity and profitability do not support continued expansion. Investing according to future strategy ”.
Harley-Davidson India sold less than 2,500 motorcycles in the last fiscal year and only about 100 in the April-June quarter, making India one of the most popular, according to industry officials. lowest sales in international markets. Most recently, in July 2018, the company shared its plan to reach a growing middle class in India with the Wild Turkey Motor Harley Davidson shirt introduction of “a 250-500cc motorcycle within two years in the country”. To “discharge” inventory, the company has recently sharply reduced the selling price from 65,000 to 77,000 rupees (870 to 1,050 USD) for its two models.
Earlier in 2017, American car maker General Motors also stopped operations in India and sold its factory in the Wild Turkey Motor Harley Davidson shirt state of Gujarat./.