Harley-Davidson Exits India Due to Low Sales, Part of Global Restructuring Process

U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report $75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India. 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 annual sales volumes account for less than 5% of the company's total. Harley-Davidson’s global portal suggests that the latest set of actions are a part of an initiative called ‘The Rewire’, that will be further developed over the coming months, leading to a new strategic plan. These actions come from a comprehensive Rewire playbook that is designed to address top-priority opportunities, drive consistent execution and reset the company’s operating model in order to minimise complexity, sharpen focus and speed up decision making.