Motorcycles: Harley-Davidson Eyeing European Production After All - PressFrom - US
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MotorcyclesHarley-Davidson Eyeing European Production After All

19:15  06 june  2019
19:15  06 june  2019 Source:   rideapart.com

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Harley - Davidson got some backlash when it announced it would move some production abroad after the dramatic tariffs increase. When it announced that it would be moving part of its production abroad, Harley - Davidson ’s early idea was to turn its Thailand factory into a hub for European exports.

Harley - Davidson to move some motorcycle production out of US after EU tariffs. Harley - Davidson plans to shift a portion of its U.S. motorcycle manufacturing capacity to foreign markets after a trade spat between President Donald Trump and the European Union led to increased tariffs on the

Harley-Davidson Eyeing European Production After All© RideApart.com Harley-Davidson plant protests

Matt Levatich addresses the tariffs situation.

When it announced that it would be moving part of its production abroad, Harley-Davidson’s early idea was to turn its Thailand factory into a hub for European exports. If that plan falls through, the Milwaukee brand could look into setting up shop in Europe. In an interview with CNBC, Harley CEO Matt Levatich talks about protecting their market and ensuring the company’s viability.

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Production model features will vary. Not yet available for sale. All future models shown may not be available in all markets. From the muscular shape of the motor to its aggressive stance, LiveWire™ delivers the iconic look you expect from a Harley ‑ Davidson ® motorcycle.

Harley - Davidson shares closed down 0.6 percent at .32, after falling nearly 6 percent on Monday. The Milwaukee-based company said on Monday it will move production of motorcycles shipped to the European Union from the United States to its international facilities and forecast that

Last year, Harley-Davidson became the unwilling mascot of the Trump tariffs. The manufacturer landed in the middle of a tariff and import war between the US and the other main global markets. Like a number of other companies thriving on import and sales abroad, Harley suffered a considerable blow when President Trump imposed aggressive tariffs on European imports.

The European Union retaliated with equally aggressive measures with fees increasing from 6 percent to 31 in 2019 with a looming 56-percent imposition coming in 2021. In the midst of the trade war, Harley was severely criticized, including by the POTUS himself, about its open discussion about addressing these new tariffs by moving part of its production abroad.

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Kickstand: 48 Years Ago Harley-Davidson did Something Outrageous Outrageous about covers it, yeah. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Editor's Note: Hey friends, this article was first published way back in 2015. It's been updated with new, better pictures, and a bit of new text here and there. We present it, once again, for your enjoyment because the OG Super Glide rules.

Harley - Davidson Inc. said Monday it plans to move production of motorcycles destined for the European Union to its international factories, in response to tariffs the EU has imposed on its bikes. Hours after the announcement, President Donald Trump issued a tweet that chastised the world's

Harley - Davidson Eyeing European Production After All . Matt Levatich addresses the tariffs situation. Harley - Davidson Gets With The Times. Or Does It? The iconic American motorcycle company seems to be modernizing everything but its motorcycles.

The company’s early plan has been to work around the European import tariffs by assigning part of its Europe-destined production to its Thailand facilities. Levatich explains that this doesn’t stem from a necessity to increase production volume, but rather from a need to protect its market share and ensure the company’s viability.

He adds that the European Union could veto what Levatich refers to as the “Thailand investment”. Read: the company could potentially not get approval from the EU to import products from Thailand as a workaround for the tariffs, in which case the company would consider investing in Europe instead. This could be that Harley would ultimately get a European address, likely a cheaper solution than stomach the 56 percent levies it would have to face by exporting motorcycles from the US.

At the moment, the company is having to cover expenses nearing $100 million to maintain a presence in Europe without increasing the price tags. Harley’s “foreign investment”, whether it’s in Thailand or in Europe, would allow products sold in Europe not to avoid a dramatic price increase, without the company having to pay the levies out of pocket.

Sources: CNBC, Motorcycle News

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