Harley-Davidson, Citing Tariffs, Will Shift Some Manufacturing Overseas
MILWAUKEE, WI—Harley-Davidson, stung by new tariffs, said on Monday that it will shift some motorcycle production to factories outside the U.S. According to CBS News, the motorcycle manufacturer is shifting production of motorcycles heading to Europe from the U.S. to overseas factories because EU tariffs on its motorcycles exported from the U.S. have surged from 6 percent to 31 percent.
Harley-Davidson said that it will not raise its prices due to "an immediate and lasting detrimental impact to its business in the region," although the tariffs are adding about $2,200 in costs per motorcycle exported from the U.S. to the EU.