December 4, 2020
1 min read

As Harley exits India Dealers demand a ‘fair deal’

Harley-Davidson’s dealers association said demanded a “fair deal” of compensation from the American cruiser bike major, before it exits the country.

The association represents 33 Harley-Davidson outlets in India.

“All the 33 dealer partners have been facing a problem since Harley-Davidson announced withdrawal of independent operations in India and revealed a new partnership with Hero MotoCorp.

“Given a time-bound, take it or leave it situation that offered them no other option, 10 of the 33 dealer partners have gone ahead with becoming a part of the Hero MotoCorp’s dealership network.”

Given the situation, the association said the dealers continue “to wait to hear” from Harley-Davidson on the issue of adequate compensation.

“With Hero MotoCorp absorbing only 33 per cent of the dealers, it leaves the rest with uncertainty about the fate of the dealer partners investments and future business outlooks. This includes the 10 who will be coerced to act without receiving any benefit,” the association said.

“The company is yet to decide on the fate and plight of the 23 dealers who are not being approached by Hero MotoCorp to be a part of its dealership network. We feel that providing us with a fair deal is Harley-Davidson’s undeniable responsibility towards us.”

Harley Davidson bikes during a rally

In October, Harley-Davidson Inc and Hero MotoCorp, the worlds largest maker of motorcycles and scooters in terms of unit volumes had announced that the two will ride together in India.

As per a distribution agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles, and sell parts and accessories and general merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero’s existing dealership networks in India.

As part of a licencing agreement, Hero MotoCorp will develop and sell a range of premium motorcycles under the Harley-Davidson brand name.

These actions are aligned with Harley-Davidson’s business overhaul, The Rewire.

Also Read: Indian Aviation Sector To Clock Rs 210 Bn loss in FY21: ICRA

Also Read: Dell, Mi tops India’s most trusted brands list

Previous Story

S.Africa tightens regional curbs

Next Story

Sensex, Nifty surpass record figures

Previous Story

S.Africa tightens regional curbs

Next Story

Sensex, Nifty surpass record figures

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop