Harley Davidson | Pixr8 News

Harley Davidson & Hero MotoCorp collaborate for Indian Market

28Oct By AnkitaNo Comments

Automobile

Harley Davidson & Hero MotoCorp collaborate for Indian Market

NEW DELHI, India, Oct. 28, 2020 -- After closing its services in India Harley-Davidson tie-up with Hero MotoCorp, the world’s largest maker of motorcycles and scooters in terms of unit volumes for selling its bikes in India. Per a distribution agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles and sell Parts & Accessories and General Merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero MotorCorp’s existing dealership network in India. As part of a Licensing 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, and the company’s announcement in Se...

Harley-Davidson fire CFO and 700 Employees

CHICAGO, 10th July 2020: The 117-year-old American bike company Harley-Davidson announced that it's eliminating 700 jobs and replacing CFO as part of its rebuild of the company plan. Chief Financial Officer John Olin, who has been with Harley 17 years, has left the company. His duties are being assumed on an interim basis by Treasurer Darrell Thomas, the company said in a news release. "Significant changes are necessary and we must move in new directions," Jochen Zeitz, chairman, president, and CEO said in the press release. Harley’s new efforts called “Rewire.” in which about 700 positions being eliminated by the end of the year. Harley has 6,000 employees worldwide. The cuts will affect 500 current employees globally and cost the company $50 million in restructuring cos...

Luxury brands Harley Davidson, Louis Vuitton under IT Scan

Luxury Brands Louis Vuitton and Harley Davidson and several other prominent players in the business industry have fallen under tax radar for taking cash above Rs. 2 lakh in clear violation of a new income tax law introduced in this year's budget. Earlier this year between January and March, The Directorate of Intelligence and Criminal Investigation, Department of Income Tax had run a special project to nail these companies. Moreover, a survey has also revealed that Harley Davidson in Guwahati, Venkys in Pune, a Louis Vuitton dealer, a Gucci dealer, 5-star hospitals in Mumbai, Delhi, Chennai, Lucknow and Indore were accepting cash of more than Rs.2 lakh. According to sources involved with the survey, a total of 1705 cases were found to be violating Section 269ST of the Income Tax A...