The situation is not right in the Indian auto sector. The impact of the slowdown in the auto sector is also visible on the two-wheeler manufacturers. American bike company UM Motorcycle, which entered the Indian market in 2016, is now ready to say goodbye to the Indian market. UM Motorcycle had entered the Indian market with the launch of the cruiser look Renamed Sport and Classic Bikes. UM Motorcycle will be the third such company in the auto sector after General Motors and Fiat, which is preparing to say goodbye to India in the last two years.

It is worth noting that the company had partnered with Lohia Auto to enter into a joint venture to enter the Indian market, but the company stopped its operations in the country due to mutual conflicts. According to ET's news, many people associated with these companies have admitted that neither party is trying to revive the brand, due to which the company's dealerships across the country are stuck. Most dealers say that none of the partners involved in the joint venture are coming forward to solve their problems. Most dealers have dropped the shutters of their shops or are providing servicing facilities for the bikes sold.

If you pay attention to the news, a dealer says that the company started commercial production from May 2016 at the plant located in Kashipur, Uttarakhand, but now production has been stopped there. He says that the company indicates every two months that the company is going to start production soon but this does not appear to be happening. At the same time, a dealer based in Tilak Nagar of Delhi has also taken the dealership of another company after getting upset with the company's policies. Earlier in August, there were reports in several places that the company is planning to launch new products soon and they will be launched around Diwali. Lohia says that UM has suffered a lot in the US, due to which it is in financial crisis. At the same time, the dealers had taken the dealership of the company by spending 90 lakh to one crore rupees, but due to this, they have come into great trouble.

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