Harley Davidson Plans To Exit The Indian Automotive Market
Highlights
· Harley Davidson, one of the oldest two wheeler manufacturer in the world seems to be diminishing in the India automotive market.
· The high taxation rate on imported vehicles increased the possibility to exit the Indian market.
· Due to lack of visibility for demand, the company is looking forward to stop its assembly line operations in India.
Bad news for Harley fans is coming up, one of the oldest two wheeler manufacturer is losing its shine in the Indian market. The American brand is facing low graph in sales because of less number of customers which keeps on decreasing with time. Now it seems that the brand’s name and its popularity is not enough to attract new customers, especially in India.
The present situation increases the chances of Harley to leave Indian automotive market. Moreover, the high taxation rate on imported vehicles increased the possibility to exit the Indian market. According to a report, because of less than 2500 units off sales in India in the previous financial year, the company is planning to pack up its assembly line operations in India, they cannot see any light of future demand of the motorcycle.
Because of low probability of future demands, the brand has removed its upcoming streetfighter motorcycle Bronx from its official website that was about to launch next year. The launch of Bronx is replaced by the adventure tourer Harley Davidson Pan America 1250 as well as the Custom 1250cc.
Harley Davidson has assured that the audience who are already the customer of Harley can have a tension free ride as the company will provide all the after sales support to them.
SUBSCRIBE!! & FOLLOW!!
To Our
SITE & SOCIAL MEDIA PAGES.
(Links are Available on the Website)
To Our
SITE & SOCIAL MEDIA PAGES.
0 Comments