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

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

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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Why shortages of a $1 chip sparked crisis in the global economy

by Bloomberg from https://auto.economictimes.indiatimes.com The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China to the rest of the world, many companies anticipated people would cut back as times got tough. To understand why the $450 billion semiconductor industry has lurched into

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Harley-Davidson’s New “Exclusivity” Angle Misses the Point

by James Brumley from https://www.fool.com The iconic motorcycle maker is paring back production, rather than pricing, in an effort to foster an image of exclusivity. If you’re one of the shrinking number of consumers planning to shop for a Harley-Davidson (NYSE:HOG) at some point this year, don’t be surprised to see limited inventory once you

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With Harley-Davidson Production, Sales Frozen, Argus Downshifts On Stock

by Priya Nigam , Benzinga Staff Writer from https://www.benzinga.com Although shares of Harley-Davidson Inc HOG 11.31% have significantly underperformed the S&P 500, the company has suspended production at most of its U.S. manufacturing facilities and shut its retail stores due to the coronavirus pandemic, according to Argus. The Harley-Davidson Analyst David Coleman downgraded Harley-Davidson from

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Will 2020 mark a turnaround for motorcycle powerhouse Harley-Davidson?

by Margaret Naczek from https://www.bizjournals.com For 117 years Harley-Davidson Inc. has led the market in motorcycles and continues to hold a dominant market share in the U.S. heavyweight motorcycle market. Despite its dominance in motorcycles, fewer people are buying bikes, and the number of U.S. riders are growing at a slow pace. For several consecutive

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Harley Davidson: The Road Only Goes Downhill

Harley-Davidson delays its first $30,000 electric motorcycle after unexpected findings during final quality checks The company delayed the motorcycle after ‘non-standard conditions’ were discvoered during final quality checks Dealers had begun selling pre-orders of the bike in January Harley-Davidson had forecast shipping 1,600 bikes Harley-Davidson has delayed production on its first electric motorcycle, called LiveWire.

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H-D 2019 Electra Glide Standard new model announcement

Harley-Davidson ELECTRA GLIDE STANDARD delivers an elemental Touring experience powered by the Milwaukee-Eight engine MILWAUKEE (Mar. 4, 2019) –Powered by the muscular Milwaukee-Eight™ 107 engine, the new Electra Glide Standard is a “Dressed down Dresser” that provides a raw, fundamental riding experience inspired by Harley-Davidson’s Grand American Touring roots. Designed for the traditional touring customer,

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