{"id":25,"date":"2020-10-17T09:18:08","date_gmt":"2020-10-17T03:48:08","guid":{"rendered":"http:\/\/localhost\/wordpress\/?p=25"},"modified":"2020-10-17T17:29:32","modified_gmt":"2020-10-17T11:59:32","slug":"harley-davidson-exits-india-books-75-million-in-fresh-restructuring-costs","status":"publish","type":"post","link":"https:\/\/vahanmaster.com\/?p=25","title":{"rendered":"Harley-Davidson exits India, books $75 million in fresh restructuring costs"},"content":{"rendered":"\n<p><a href=\"http:\/\/www.autoblog.com\/tag\/report\/\">REPORT<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Latest strategy shifts focus back to more profitable motorcycles and core markets<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.autoblog.com\/bloggers\/reuters\/\"><img decoding=\"async\" src=\"https:\/\/s.aolcdn.com\/os\/ab\/wheels\/img\/profile_placeholder.png\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.autoblog.com\/bloggers\/reuters\/\">REUTERS<\/a>Sep 24th 2020 at 9:00AM<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><em><a href=\"javascript:void(0)\">3<\/a><\/em>comments<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/o.aolcdn.com\/images\/dims3\/GLOB\/legacy_thumbnail\/800x450\/format\/jpg\/quality\/85\/https:\/\/media-mbst-pub-ue1.s3.amazonaws.com\/creatr-uploaded-images\/2020-09\/665041c0-fe61-11ea-bf3f-8ae805b58468\" alt=\"\"\/><\/figure>\n\n\n\n<p>U.S.&nbsp;<a href=\"https:\/\/www.autoblog.com\/category\/motorcycles\/\">motorcycle<\/a>&nbsp;maker&nbsp;<a href=\"https:\/\/www.autoblog.com\/tag\/harley-davidson\/\">Harley-Davidson<\/a>&nbsp;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&nbsp;<a href=\"https:\/\/www.autoblog.com\/category\/india\/\">India<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/793952\/000079395220000097\/hog-20200923.htm\">The announcement<\/a>&nbsp;comes two months after Harley unveiled a strategy to shift focus back to more profitable motorcycles and core markets such as the United States.<\/p>\n\n\n\n<p>Harley said earlier in the year that it planned to reduce its product portfolio and exit lower volume markets, without specifying which ones.<\/p>\n\n\n\n<p>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&#8217;s total.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REPORT Latest strategy shifts focus back to more profitable motorcycles and core markets REUTERSSep 24th 2020 at 9:00AM 3comments U.S.&nbsp;motorcycle&nbsp;maker&nbsp;Harley-Davidson&nbsp;said&hellip;<\/p>\n","protected":false},"author":1,"featured_media":26,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5],"tags":[9],"class_list":["post-25","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bike","category-news","tag-bikes"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/posts\/25"}],"collection":[{"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25"}],"version-history":[{"count":1,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/posts\/25\/revisions"}],"predecessor-version":[{"id":27,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/posts\/25\/revisions\/27"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=\/wp\/v2\/media\/26"}],"wp:attachment":[{"href":"https:\/\/vahanmaster.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vahanmaster.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}