Harley Davidson To Get 'Expensive' Worldwide Due To Inflation
According to reports, Harley Davidson Inc is inspecting ways to impose overcharges on its motorbikes, in order to adapt with inflation. However, the company had applied surcharges only to its biggest market, United States. Even though the price surged, the demand for motorbikes remained high. Furthermore, the company's shares increased by 8.4%, and sales generated from motorcycles and allied products surged by 20%, to $1.16 billion.
Tags: Harley Davidson, Motorcycle, USA, Automobile, Inflation
Courtesy: Reuters
5 Automakers Announce Their Closure In India In Last 5 Years
The Centre on February 9 apprised that five major automobile companies have halted their operations in India in the last five years. The companies include MAN Trucks, General Motors, Harley Davidson, UM Motorcycles and Honda Cars. Reportedly, the companies announced closure by 2020 end, shutting down some of their manufacturing plants in states like Maharashtra and Uttar Pradesh. However, Union Minister Prakash Javadekar affirmed that the… read-more
Tags: Prakash Javadekar, MAN Trucks, General Motors, Harley Davidson, Honda Cars
Courtesy: Business Today
Harley Davidson, Hero MotoCorp Ink Agreement For Sales In India
Indian two-wheeler manufacturer Hero MotoCorp has announced its tie-up with the US-based Harley Davidson on October 27. Under this pact, Hero will sell and service Harley Davidson bikes in the country. Besides, Hero will also hold rights to produce 'premium' range bikes and sell them under Harley Davidson's banner through its dealers. Earlier in September,… read-more
Tags: Hero Motorcorp, Harley Davidson, Bikes, Partnership
Courtesy: The Hindu