Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Harley Davidson : Statement on E.U. Tariffs

05/17/2021 | 10:05am EDT

MILWAUKEE, May 17, 2021 /PRNewswire/ -- Responding to today's announcement by E.U. Executive Vice-President, Valdis Dombrovskis, Harley-Davidson, Inc. ("Harley-Davidson") (NYSE: HOG) reaffirms its commitment to defend its position in Europe. The company will continue to pursue its legal challenge to the Binding Origin Information (BOI) revocation, and its application for extended reliance.

Harley-Davidson remains committed to free and fair trade and is focused on remaining globally competitive in the interests of all its stakeholders, and is committed to ensuring its customers around the world have access to its products.

Jochen Zeitz, chairman, president and CEO of Harley-Davidson:
"We are encouraged by today's announcement that tariffs affecting our products will not escalate from 31% to 56%. This is the first step in the right direction in a dispute not of our making. Harley-Davidson employees, dealers, stakeholders and motorcycles have no place in this trade war. These tariffs provide other motorcycle manufacturers with an unfair competitive advantage in the E.U. European motorcycles only pay up to 2.4% to be imported into the U.S. We want free and fair trade. UNITED WE RIDE."

Company Background:
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Our vision: Building our legend and leading our industry through innovation, evolution and emotion. Our mission: More than building machines, we stand for the timeless pursuit of adventure. Freedom for the soul. Our ambition is to maintain our place as the most desirable motorcycle brand in the world. Since 1903, Harley-Davidson has defined motorcycle culture by delivering a motorcycle lifestyle with distinctive and customizable motorcycles, experiences, motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get riders on the road.

### (HOG-F)

Harley-Davidson Motor Company (PRNewsfoto/Harley-Davidson, Inc.)

View original content to download multimedia:http://www.prnewswire.com/news-releases/harley-davidson-statement-on-eu-tariffs-301292595.html

SOURCE Harley-Davidson, Inc.

ę PRNewswire 2021
All news about HARLEY-DAVIDSON, INC.
08/02INSIDER TRENDS : Insider at Harley-Davidson Converts Options in Mist of 90-Day B..
08/02INSIDER TRENDS : Harley-Davidson Insider Converts Option/Derivative Security Sel..
07/30HARLEY DAVIDSON : UBS Adjusts Harley-Davidson's Price Target to $39 From $33, Ma..
07/27HARLEY DAVIDSON : Edward Jones Downgrades Harley-Davidson to Sell From Hold
07/22HARLEY DAVIDSON : Argus Adjusts Price Target on Harley-Davidson to $48 From $54,..
07/22HARLEY DAVIDSON : Morgan Stanley Lifts Price Target on Harley-Davidson to $40 Fr..
07/22HARLEY DAVIDSON : RBC Cuts Price Target on Harley-Davidson to $41 From $48 After..
07/21RAJESH KUMAR : Harley's stock tumbles as inflation worries overshadow progress o..
07/21HARLEY DAVIDSON : Launches H-D1™ Marketplace
07/21Today on Wall Street: Earnings season picks up pace
More news