The renowned American Motorcycle Manufacturers Harley-Davidson took a harsh decision to quit the Indian Market. This decision was taken in the evening today.
HARLEY-DAVIDSON
The Covid-19 pandemic hit hard to the American Makers. As the sales were as low as below 2500 units. They exited the Indian Market while making a restructuring plan.
The company stated it will cost them an extra of $75 Million to additional restructuring costs. They called this as "THE REWIRE" which included quitting manufacturing after being in India for more than 10 years and being established for over 111 years.
Harley-Davidson will continue its sales through an authorized seller.
Also, the rumors are coming that Harley-Davidson will tie-up with Hero MotoCorp for the sales of its bikes.
The company was first established in August 2009 and is an extraordinary bike manufacturer made its name in India.
With all its premium and budget range, Harley-Davidson made its remark in the history of motorcycle manufacturers in India.
-AMAAN ATTAR
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