exports

UK considers scrapping Trump-era tariffs on US whiskey and motorcycles

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by Stefan Boscia from https://www.cityam.com The UK will review its tariffs on US products like whiskey, tobacco and motorcycles in a bid to get Joe Biden to drop Trump-era tariffs on British steel. International trade secretary Liz Truss announced today that she would launch a six-week consultation with British businesses to consider “re-balancing measures” that […]

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Harley’s shares hit 3-year high on EU-US trade truce

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by Michael Taylor from https://www.forbes.com Harley-Davidson Stock Soars As EU Decides Against 56% Tariff Surge The Harley-Davidson stock price surged this morning after the European Union deferred a tariff plan that would have seen the classic American motorcycle maker face a 56% entry ticket into the European market. Harley-Davidson Inc would have been one of

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Jawa Motorcycles to launch in Europe – Rival Royal Enfield

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by Abhinand Venugopal from https://www.rushlane.com Jawa Motorcycles’ European exports will start with Jawa 300 aka Jawa Classic Classic Legends, owned by Mahindra & Mahindra group, brought down Jawa Motorcycles to the Indian market back in November 2018. As a first, two motorcycles were launched as direct rivals to Royal Enfield’s ‘350’ range: Jawa 42 and

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Royal Enfield withdraws from Japan until new importer takes charge

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by Abhinand Venugopal from https://www.rushlane.com Royal Enfield’s Japan operations were carried out by the importer, Wingfoot Chennai-based motorcycle manufacturer Royal Enfield operates in more than 50 countries across the globe. The automaker has a huge fan following in many parts of the world, especially for its single-cylinder ‘Classic 350’ model. In India, the company has

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Yamaha Expects India to Become its Largest Production Base in 5 yrs

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Markets in Indonesia, Vietnam saturating; India priority No. 1, says top executive. Japanese auto major Yamaha Motor Company (YMC) expects India to overtake Indonesia to emerge as its largest base in terms of production output in the next five years. “India sells more than 20 million two-wheelers annually and the numbers are growing. Our company’s

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