MoneyWorks4Me

Hero MotoCorp enters into partnership with Harley-Davidson

28 Oct 2020 Evaluate

Hero MotoCorp has entered into wide ranging partnership with Harley-Davidson for the Indian market. As per the distribution agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles, and sell parts and accessories and general merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero's existing dealership network in India.

Further, according to 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 September to change its business model in India. This arrangement is mutually beneficial for both companies and riders in India, as it brings together the iconic Harley-Davidson brand with the strong distribution network and customer service of Hero MotoCorp.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 10950.00
TVS Motor Company 4040.00
Hero MotoCorp 5345.50
Eicher Motors 7180.50
OLA Electric Mobilit 37.27
View more..