The X440 Motorcycle: Cause Shares of Eicher Motors have Fallen over 4%; Here’s why.
As rival companies Hero MotoCorp and Harley Davidson launch the X440 motorcycle in India, the share price of Eicher Motors falls by more than 4%. Introduction: The Motorcycle Market in India: A Battle of the Titans The news that the joint venture between Hero MotoCorp and Harley Davidson would launch the X440 motorcycle in India…