Just In
- 47 min ago Citroen Basalt Vs Tata Curvv – The Beauty Contest
- 2 hrs ago Ather Rizta Pre-Bookings Now Open – Ola S1 & TVS iQube Rival
- 5 hrs ago Nissan And Renault To Launch Four New SUVs In Strategic Collaboration
- 6 hrs ago Suzuki V Strom 800 DE Launched In India At Rs 10.30 Lakh – The No-nonsense Adventure Motorcycle
Don't Miss!
- Sports RCB vs KKR: Why was Shreyas Iyer confused to name his Team during Toss?
- Movies MasterChef Tamil, Telugu OTT Release Date, Platform, Contestants Name- All You Need To Know
- Finance 1:5 Stock Split, 10K Cr Fundraise Plan: Buy Multibagger PSU Bank Stock, TP Rs 140: Sharekhan
- News IndiGo Launches Daily Direct Flights Between Bengaluru And Bali
- Travel Choosing Your Next Home: Hyderabad Or Pune?
- Lifestyle Aditi Rao Hydari's Double Diamond Engagement Ring Is Unique, Celebrity Wedding Rings That Are Bookmark Worthy!
- Education National Management College begins admissions for CA and CMA courses
- Technology Samsung Galaxy M15 5G Launch in India Teased; Could Be Priced Under Rs 15,000
American Icon Harley-Davidson In Trouble — Could Affect People’s Lives
Harley-Davidson, the iconic American motorcycle manufacturer seems to be in trouble because a spokeswoman has announced that the company will lay off 200 jobs.
Harley-Davidson has had trouble selling vehicles, since it has seen low forecast for shipping vehicles. The American motorcycle maker has lowered its shipment forecast to around 2.64 – 2.69 lakh motorcycles from its earlier estimate of 2.69 – 2.79 lakh motorcycles.
Harley-Davidson has seen a dip in sales of 3.4 percent and the primary reason for this is the intense competition in terms of pricing by its competitors in the US market. The US motorcycle market is shrinking.
Coming back to the employees, out of 200 job lay offs, 115 are union jobs at Harley's York Vehicle Operations plant situated in Pennsylvania. This particular plant assembles cruisers, including the Touring, Softail, and the Trike.
Harley-Davidson recently launched the new Milwaukee-Eight engine which will power the touring range of motorcycles.
The touring range includes models such as the Street Glide, Road Glide, Electra Glide, Road King, and Tri Glide models.
In India, Harley-Davidson recently updated its entry-level motorcycle, the Street 750. The updates include three new dual tone colours, and a much needed Anti-lock Braking System (ABS).