American bike maker United Motors ceased its operations in India in October 2019. United Motors used to sell Royal Enfield rival, the Renegade cruiser. While ceasing its operations, the company cited poor sales and lower demand as the rationale behind its exit.
The US-based Cleveland Motorcycles exited India within one year, after announcing its entry into the two-wheeler market at the 2018 Auto Expo. The brand eventually ceased operations in 2019, citing weak demand for its bikes.
The Italian automobile manufacturer Fiat or FCA India Automobiles stopped producing cars at the start of 2019 and finally exited the market in March the same year. The company started its operation in the year 2012 and became a household name in India. According to reports, the company exited ahead of the stricter ABS safety and emission regulations, which none of its back then models complied with— Linea and the Punto.
The Volkswagen Group company, MAN Truck and Bus exited India in 2018. This came after several years of unfruitful operations in the wake of poor demand for their commercial vehicles. The company faced tough competition from home-grown CV companies like Tata Motors and Ashok Leyland.
The fourth-largest South Korea-based automobile manufacturer wasn’t able to hold its ground in India and pulled its operations in 2018. Only one SsangYong product made it to India, and it was pulled out of the market within four years due to a very limited brand recall value. Later M&M, the Ssangyong Motor Company parent, decided to launch a SsangYong product, G4 Rexton, under its own crown.
The joint venture of Eicher Motors and Polaris Industries, Eicher Polaris, ceased its operations in March 2018— within six years of its incorporation. The joint venture saw an investment of more than ₹350 crore. While shutting the operations, Eicher Motors said it was getting increasingly difficult to sustain operations with significantly lower than expected sales.
The American multinational corporation General Motors which entered India in 1996, decided to close its India operations in May 2019. After several experiments with its brand like Chevrolet and Opel, General Motors finally exited due to mounting losses, near-negligible sales.
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