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Harley, stung by tariffs, shifts some production overseas

2 years 4 months 4 hours ago Monday, June 25 2018 Jun 25, 2018 June 25, 2018 6:40 AM June 25, 2018 in News
Source: Associated Press
By: Associated Press

MILWAUKEE (AP) - Harley-Davidson, facing rising costs from new tariffs, will begin shifting the production of motorcycles heading for Europe from the U.S. to factories overseas.

The famed motorcycle maker said in a regulatory filing Monday that European Union tariffs on its motorcycles exported from the U.S. jumped from 6 percent to 31 percent.

Harley-Davidson Inc. said that it will not raise its prices due to "an immediate and lasting detrimental impact to its business in the region."

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