Harley-Davidson exits India, books $75 million in fresh restructuring costs,

Harley-Davidson exits India, books $75 million in fresh restructuring costs,


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Plants/Manufacturing,Motorcycle
The announcement comes two months after Harley unveiled a strategy to shift focus back to more profitable motorcycles and core markets such as the United States. Harley said earlier in the year that it planned to reduce its product portfolio and exit lower volume markets, without specifying which ones. The company said it now expects total restructuring costs of about $169 million in 2020, and this will also include a workforce reduction of about 70 employees in India, a market where its annuaContinue reading Harley-Davidson exits India, books $75 million in fresh restructuring costs
Harley-Davidson exits India, books $75 million in fresh restructuring costs originally appeared on Autoblog on Thu, 24 Sep 2020 09:00:00 EDT. Please see our terms for use of feeds.
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The announcement comes two months after Harley unveiled a strategy to shift focus back to more profitable motorcycles and core markets such as the United States. Harley said earlier in the year that it planned to reduce its product portfolio and exit lower volume markets, without specifying which ones. The company said it now expects total restructuring costs of about $169 million in 2020, and this will also include a workforce reduction of about 70 employees in India, a market where its annua

Continue reading Harley-Davidson exits India, books $75 million in fresh restructuring costs

Harley-Davidson exits India, books $75 million in fresh restructuring costs originally appeared on Autoblog on Thu, 24 Sep 2020 09:00:00 EDT. Please see our terms for use of feeds.

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