Harley shifts production to Europe due to EU tariffs
Harley-Davidson says EU duties on its U.S. exported motorcycles will drive some production overseas. The company reports EU tariffs up to 31 percent and about 2200 dollars extra per bike, plans not to raise prices, and expects 30 to 45 million dollars in costs this year. Harley notes Europe is its second-largest market with 147,972 U.S. sales last year and 40,000 EU sales, while promising to absorb costs to keep bikes affordable for European customers.