| Author | Message | ||
     Christaylor |
Found this in my alerts: Company to Assemble Select Models at Facility in State of Haryana from U.S.-Supplied Assembly Kits MILWAUKEE, Nov. 2, 2010 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) is moving forward with the launch of operations in India to assemble motorcycles for the Indian market from component kits supplied by its U.S. plants, the Company announced today. The Company expects the CKD (complete knock-down) assembly facility to be operational in the first half of 2011. The announcement comes as President Barack Obama prepares to travel to India on a state visit focused on trade and business opportunities between the two countries. "CKD assembly operations in India are a natural next step for Harley-Davidson as we build our brand presence around the world," said Harley-Davidson Motor Company President and Chief Operating Officer Matthew S. Levatich. "This investment will allow us to improve our market responsiveness and production flexibility while reducing the tariff burden, which we expect will drive growth over time by making our bikes more accessible to India's consumers. Given the strong response we have received in the initial months of retail operations, we believe this is the right investment for this important market," Levatich said. To date, Harley-Davidson India has been importing completely assembled motorcycles from the Company's U.S. final assembly plants. Once the Indian CKD assembly facility in the Indian State of Haryana is operational, Harley-Davidson India will import CKD kits for select current models, consisting of components produced by Harley-Davidson's U.S. plants in Wisconsin, Pennsylvania and Missouri and by the company's suppliers. Indian employees at the Haryana facility will then assemble the components into finished motorcycles. Other models will continue to be imported as completely built motorcycles for now. India will be the second country in which Harley-Davidson has CKD assembly operations outside the U.S., after Brazil where the Company began assembly operations in 1999. "We are committed to global growth and growth in India for the long term," said Levatich. "India's rapidly growing economy, rising middle class and significant investment in construction of new roads and highways are paving the way for leisure motorcycle riding." "We are building a strong foundation for our business in India, first by establishing a world-class dealer network, and now by commencing CKD assembly operations," said Anoop Prakash, Managing Director for Harley-Davidson India. "It is important for us to continue to invest in strategies that make our products and experiences accessible to an increasingly broader set of customers across India." Harley-Davidson India commenced operations in August 2009 and opened its first dealership in July 2010. The Company currently offers 12 models in its 2010 line-up in India, available through authorized dealerships in New Delhi, Mumbai, Chandigarh and Hyderabad. For more information, visit the Harley-Davidson India web site at www.harley-davidson.in Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company (HDMC) Harley-Davidson Financial Services (HDFS), and Buell Motorcycle Company (Buell). Harley-Davidson Motor Company produces custom, touring and cruiser motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel. For further information, visit Harley-Davidson's web site at www.harley-davidson.com SOURCE Harley-Davidson, Inc. Source: PRNewswire __________________ | ||
| 2tracksam |
Geo-politcs and other stuff aside - there just seems to be something wrong about Indian employees assembling Harley-Davidson's. I guess we're not in Springfield anymore. | ||
| Greatnorthrider |
See my post in poor build quality regarding the guys in York and the outsourcing going on there! | ||
| Moxnix |
Perhaps they should call them "Indians." | ||
| Black |
Pretty funny Mox, That really was a LOL! I just can't get my head around India and Indians suddenly having the funds...and roads to make the great American luxury brand, Harley, profitable there. Anybody remember Enron getting big time into power generation in India? It didn't turn out well for Enron....but they did tout how successful and profitable they were there..... all the way up until they went under. Let's hope Harley doesn't follow suit. (Message edited by black on December 20, 2010) | ||
| Argentcorvid |
I believe this has more to do with it being difficult or impossible due to regulations and duties/taxes to sell bikes in India which aren't made in India. Similar to the situation in Brazil, which your article touches on but doesn't go in to detail. (Message edited by argentcorvid on December 20, 2010) | ||
| Court |
Things ain't so rosy at the moment . . http://www.emergingmoney.com/video/trading-the-glo be-bombay-bombshell/ | ||
| 9ustav0 |
Here in Brasil the price for bikes is up to 60% due tax. What they do: keep the same price after the bike is made in Brasil. we call ourselves the lucky ones... I told before: when they start to selling Buell bikes here, the Ulysses starts at US$ 30.000,00!!! (i'm not joking...). Now the used ones - 2006-2009 - are about US$ 15.000,00. | ||
| Court |
The import tarrif in India is 110%. Fortunatley Susan . . who has a pretty salty and checkered past as a "trade negotiator" was able so arrange for the United States to buy manogoes to get a deal for Harley-Davidson. Search Harley-Davidson, India and Mangoes . . you can read all about it.
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