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Motorcycles Harley Davidson is closing its factory in India

13:30  26 september  2020
13:30  26 september  2020 Source:   cnn.com

Harley’s LiveWire Completes Historic Border-To-Border Trip

  Harley’s LiveWire Completes Historic Border-To-Border Trip Harley’s LiveWire Completes Historic Border-To-Border TripHere’s the backstory: California-based Cardenas was all set to celebrate his 50th birthday in June with good friends in Spain, but when COVID-19 threw a monkey wrench into the itinerary, he was forced to drum up a plan B. The new idea had to involve something he was passionate about, allow him to maintain a safe distance, and it also had to be utterly unique—you know, something to remember his 50th by. That something turned into a vague outline of a trip from the US-Mexico border to the US-Canada border. And he’d be riding his LiveWire the whole way.

Harley - Davidson is retreating from India , calling time on a decade-long attempt to break into the world's biggest motorcycle market.

Harley - Davidson Inc. is pulling out of India , another major setback to Prime Minister Narendra Modi’s efforts to lure or retain foreign manufacturers in the midst of the nation’s worst economic downturn in decades.

Harley-Davidson is retreating from India, calling time on a decade-long attempt to break into the world's biggest motorcycle market.

a motorcycle parked on the side of a building: NEW DELHI, INDIA FEBRUARY 28: The newly launched Harley Davidson Low Rider at the Harley Davidson showroom in New Delhi. (Photo by Rana Pandey/The India Today Group via Getty Images) © Rana Pandey/The India Today Group/Getty Images NEW DELHI, INDIA FEBRUARY 28: The newly launched Harley Davidson Low Rider at the Harley Davidson showroom in New Delhi. (Photo by Rana Pandey/The India Today Group via Getty Images)

The company said in a statement on Thursday that it will close its Bawal factory in northern India and "significantly reduce" the size of its sales office in Gurgaon, near Delhi. Dealers will serve customers through the end of their contracts and the company is exploring ways to continue to sell its iconic motorbikes in the country.

Variable Valve Timing Patents Could Bring the Harley-Davidson V-Twin Into This Century

  Variable Valve Timing Patents Could Bring the Harley-Davidson V-Twin Into This Century Variable Valve Timing Patents Could Bring the Harley-Davidson V-Twin Into This CenturyDocuments dug up and published by Motorcycle show that Harley-Davidson has officially filed for a patent for a modular engine balancer, designed to fit either end of a V-twin's crankshaft. The drawings' accompanying descriptions mention the inclusion of a variable valve timing (VVT) phase timing module, which would be an unnecessary accommodation if no such system were in consideration.

Harley - Davidson is closing its operations in India , the biggest motorcycle market in the world. The company, founded in 1903, has struggled to It joined other vehicle manufacturers that have pulled out of the Indian market. Toyota said September 15 that it was halting a planned expansion due to

How Harley - Davidson Lost Its Rumble in India . Harley said in a regulatory filing Thursday that it was discontinuing sales and manufacturing operations in the world’s second most populous country as part of its company-wide restructuring, or the “Rewire” plan, a five-year strategy to reset its business

India is the world's biggest market for motorcycles and scooters, with more than 17 million sold last year, according to the Society of Indian Automobile Manufacturers. Two-wheelers are by far the most popular means of transport in the country, which was also until recently one of the fastest growing markets for cars.

When Harley-Davidson entered India in 2010, it was the second-fastest growing two-wheeler market in the world behind China. But its 33 dealers have collectively sold just 25,000 motorcycles since then, according to the company. Its business has struggled with high import duties and sales taxes, which have been repeatedly criticized by President Donald Trump.

News of the company's retreat will come as a blow to Prime Minister Narendra Modi's hopes of attracting more foreign investment and broadening India's manufacturing base. Ford and General Motors have both cut back operations in India in recent years.

Will Harley-Davidson still make electric motorcycles?

  Will Harley-Davidson still make electric motorcycles? At least for now, a Harley-Davidson (HOG) about to enter another major turnaround is still one that makes some electric motorcycles. Harley-Davidson’s new CEO Jochen Zeitz teased the fourth quarter release of a new five-year turnaround plan designed to more efficiently run a business being hammered by shifting consumer preferences (that emerged well before COVID-19). “LiveWire will continue to be part of our product line up,” a Harley-Davidson spokesperson confirmed via email to Yahoo Finance.The Livewire debuted in October 2019 after at least five years in development under former CEO Matthew Levatich.

Harley - Davidson is in one of those serious belt-tightening phases as it attempts to restructure its business in a way that it can once again turn a profit. Currently, Harley - Davidson manufactures its Street 750 small-displacement bike there for markets other than North America. It's unclear if the

A labor union for Harley - Davidson Inc. employees was in Washington, D.C., on Wednesday, complaining about Harley ’s plan to close its factory in Harley - Davidson also has a motorcycle assembly plant in India , where it builds the company’s popular Street-model bikes for foreign markets.

The withdrawal is part of an overhaul that Harley-Davidson unveiled in July, which will see it streamline models and focus its energy on North America, Europe and parts of Asia Pacific. "A total rewire is necessary to make Harley-Davidson a high-performance company," CEO Jochen Zeitz said in a statement at the time. The company was battling a slump in sales even before the coronavirus pandemic hit, which has further dented demand for luxury goods.

According to Reuters, Harley-Davidson is in talks with Hero MotoCorp, India's largest two-wheeler manufacturer, about a possible distribution deal in the country. Harley-Davidson declined to comment on "speculation."

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