Keyword: harleydavidson
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When Foxconn breaks ground on Thursday on a $10bn LCD manufacturing complex in Wisconsin, President Donald Trump will be there to claim credit for securing the Taiwanese group’s promise to deliver 13,000 jobs. But while Mr Trump helps Foxconn celebrate in Racine county, Wisconsin — a key swing district that helped him win the presidency in 2016 — just up the road at Harley-Davidson, executives will be figuring out who will lose their jobs, after the company said it must offshore production to battle retaliatory EU trade tariffs. That landed Harley in the presidential doghouse. In a series of early...
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The company is shifting some production of motorcycles for European customers out of the United States to avoid EU retaliatory tariffs. Harley-Davidson's move is some of the most direct evidence yet that tit-for-tat trade fights between the United States and other countries have consequences for American companies. Harley-Davidson said it stood to lose as much as $100 million a year. "Increasing international production to alleviate the EU tariff burden is not the company's preference, but represents the only sustainable option," it said in a regulatory filing on Monday. Harley-Davidson's (HOG) stock tumbled 6%.
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Harley-Davidson, the American motorcycle manufacturer, said on Monday that it would shift some production of its iconic bikes overseas to avoid retaliatory tariffs imposed by the European Union in response to President Trump’s trade moves. The decision, announced in a public filing, is the latest and most high-profile example of how Mr. Trump’s trade war is beginning to ripple through the United States economy as domestic companies begin struggling with a cascade of tariffs both here and abroad. While Mr. Trump says his trade policy is aimed at reviving domestic manufacturing, Harley-Davidson’s decision shows how the administration’s moves could have...
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Harley-Davidson, the iconic American motorcycle company, is set to lay off hundreds of American workers at its Kansas City, Missouri factory while creating jobs in Thailand. After laying off nearly 200 American manufacturing workers last year, as Breitbart News reported, Harley-Davidson is expected to fully close its Kansas City manufacturing facility, leaving 800 workers out of work. Harley-Davidson executives say about 400 jobs will be sent to the corporation’s York, Pennsylvania manufacturing plant, but union workers allege their jobs are being sent overseas to Thailand. In remarks to USA Today, a manufacturing worker who’s been at Harley-Davidson for more than...
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Harley-Davidson, the iconic American motorcycle company, is set to lay off hundreds of American workers at its Kansas City, Missouri factory while creating jobs in Thailand. After laying off nearly 200 American manufacturing workers last year, as Breitbart News reported, Harley-Davidson is expected to fully close its Kansas City manufacturing facility, leaving 800 workers out of work. Harley-Davidson executives say about 400 jobs will be sent to the corporation’s York, Pennsylvania manufacturing plant, but union workers allege their jobs are being sent overseas to Thailand. In remarks to USA Today, a manufacturing worker who’s been at Harley-Davidson for more than...
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BERLIN — The European Union will hit back at the heart of the United States, slapping tariffs on products like Harley-Davidsons, Kentucky bourbon and bluejeans, if President Trump goes ahead with a plan to place tariffs on steel and aluminum imports, the president of the bloc’s executive arm vowed on Friday. Jean-Claude Juncker, president of the European Commission, made the remarks to the German news media in reaction to the proposed tariffs. Mr. Junker said the plans to tax the American goods, produced in the home states of key Republic leaders, had not yet been finalized, but amounted to treating...
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KANSAS CITY, Mo. — Harley-Davidson announced that it will close its Kansas City plant as the company moves to consolidate operations. In the company's fourth-quarter earnings report, Harley-Davidson said that the Kansas City motorcycle plant would be consolidated with its plant in York, Pa. Workers were reportedly told that the plant would close next year. A statement released from Harley-Davidson Tuesday morning said the plant would close in the third quarter of 2019. "As we continue to improve our cost structure and maintain world-class manufacturing operations, we are launching a significant, multi-year manufacturing optimization initiative that is anchored in the...
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Harley-Davidson, not always the last word in cutting-edge technology, will enter the 21st century with a possibly LiveWire-based production electric motorcycle later this year. Harley-Davidson, that supremely American bastion of two-wheeled culture, is building a production electric motorcycle based on its excellent LiveWire concept from 2014 and we're stoked because it's supposed to hit dealers this year. Let's face it, Harley-Davidson is a weird company. It always just does its own thing and generally manages to just skate by, ignoring the ups and downs of the motorcycle industry as a whole, and that's why its LiveWire concept was both utterly...
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Harley-Davidson has completely revamped its Big Twin cruiser model lineup for 2018, folding Dyna and Softail model lines into one all-new 2018 Harley-Davidson Softail range of motorcycles. The entire new 2018 Harley-Davidson Softail cruiser lineup gets an all-new chassis, new underseat "hidden" single shock, and the new Milwaukee-Eight V-twin engine in 107ci displacement or, in select models, 114ci. The 45-degree, four-valve-per-cylinder Milwaukee-Eight V-twins now have dual counterbalancers. This means Dyna models, which previously had rubber-mounted Twin Cam 103ci and 110ci engines, will now have solid engine mounts, just as previous Softails had enjoyed since the introduction of the Twin Cam...
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Shares of Harley-Davidson (HOG) dropped 10% in the morning after the company reported second-quarter earnings and were down nearly 6% at the end of the day. Almost everything was bad. Retail sales by its dealers in the US fell 9.3% in Q2, compared to a year ago, to 49,668 motorcycles. They were “down more than we anticipated,” the company said. And with “soft sales across most markets,” sales by its dealers globally fell 6.7%. “Industry new motorcycle sales deterioration continued,” the company said in its presentation, lamenting “weak industry sales on soft used bike prices.” In addition to the industry...
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After a meeting in Milwaukee was abruptly canceled, President Donald Trump met Thursday with a group of Harley-Davidson employees, who arrived at the White House on a fleet of motorcycles. Trump was planning to meet Thursday with Harley-Davidson executives at a Milwaukee factory, but the company reportedly pulled out earlier this week, fearing protests. During Thursday’s meeting, Trump lauded Harley-Davidson as a "true American icon,” thanking the steel workers and machinists who traveled to Washington for the meeting. “In this administration our allegiance will be to the American workers and to American businesses, like Harley-Davidson,” Trump told reporters....
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RUSH: What the heck is this? I’m watching fake news — this is CNN — Trump moments ago the White House grounds meeting with executives from Harley-Davidson, the motorcycle people. Now, how many of you had heard that Harley-Davidson had pulled out of a meeting with Trump because they were afraid of backlash from customers and protesters and anarchists and whatever? I distinctly remember. I remember when I read it I got kind of mad at Harley-Davidson. Turns out it was fake news! Now, maybe Trump was gonna visit their plant. Maybe that’s what it was. Maybe Trump was gonna...
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President Trump's scheduled trip to a Harley-Davidson factory in Milwaukee on Thursday has been canceled over the likelihood of protests, CNN reported Tuesday. An administration official told the news network that the plans were scrapped after the motorcycle giant became uncomfortable with the threat of demonstrations. Over the weekend, massive protests broke out at airports across the country after Trump signed an executive order on Friday banning citizens of certain Muslim-majority countries from entering the U.S. Other large protests were planned for the president's Milwaukee visit, according to CNN. Trump was originally supposed to head to the factory for a...
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It’s no accident that Discovery Channel premieres its original “Harley and the Davidsons” miniseries on Labor Day. The three-part series turns back the clock to reveal how the creation of the Harley-Davidson motorcycle was a true labor of love by three men from blue-collar immigrant families, who championed labor rights. They were even inducted posthumously in 2004 into the Labor Hall of Fame for their company’s accomplishments and ongoing contributions to the workforce. Despite being one of the most iconic American brands, however, the Harley-Davidson story is not widely known.
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President Obama’s Environmental Protection Agency is going after Harley-Davidson for allegedly selling motorcycles that emit more air pollution than the almighty federal government allows, and is punishing them by making them pay for people’s stoves. The federal tree-hugging watchdog complained that the motorcycle company “manufactured and sold approximately 340,000 illegal devices, known as ‘super tuners,’ that, once installed, caused motorcycles to emit higher amounts of certain air pollutants than what the company certified to EPA.” “Since January 2008, Harley-Davidson has manufactured and sold two types of tuners, which when hooked up to Harley-Davidson motorcycles, allow users to modify certain aspects...
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Wise Up and Rise Up Wisconsin Governor Scott Walker likes to display his rebel side (although it’s an illusion intended to solidify Tea-Party bona fides in optics only) by riding around on a Harley Davidson motorcycle. After all, Harley Davidson is headquartered in Wisconsin, well, for now. Wisconsin representative, now Speaker of the House, Paul Ryan, also likes to tout his own form of fiscal conservatism. However, as the former Chairman of the budgetary ways and means committee, a federal budget is also an optical illusion (hasn’t been one since ’07). Representative Paul Ryan and Governor Scott Walker along with...
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In an unusually strong protectionist action, President Reagan today ordered a tenfold increase in tariffs for imported heavyweight motorycles. The impact of Mr. Reagan's action, which followed the unanimous recommendation of his trade advisers, is effectively limited to Japanese manufacturers, which dominate every sector of the American motorycycle market. The action was exceptional for protecting a single American company, the Harley-Davidson Motor Company of Milwaukee, the sole surviving American maker of motorcycles. The only comparable trade action by this Administration, the President's decision last May to impose quotas on sugar imports for the first time since 1974, was aimed at...
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Recently, a Harley Davidson dealership in the Washington DC area announced it was sponsoring a Nation of Islam rally led by Louis Farrakhan on October 10th called “Justice Or Else.” The dealership’s website said it was promoting its location as a rallying point for black bikers attending the rally. Not surprisingly, that didn’t sit to well with other members of the biking community who don’t subscribe to the Nation of Islam’s message.The dealership, located in Fort Washington, MD is owned by Joyce and Thomas Moorehead who also own a BMW/MINI dealership in Sterling, MD. Thomas Moorehead is the Chairman...
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http://stop-hate-crimes.com/2015/09/01/dc-harley-davidson-dealership-sponsoring-nation-of-islam-rally/ DC Harley Davidson Dealership Sponsoring Nation Of Islam Rally harley-NOI SEPTEMBER 1, 2015 Joyce & Thomas Moorehead are the owners of the Harley Davidson dealership that is sponsoring the Nation of Islam event. A Harley Davidson dealership in the Washington DC area is sponsoring the Nation of Islam [NOI] rally in Washington DC. Louis Farrakhan will be leading the rally on October 10th. It is called “Justice Or Else.” The dealership is located in Fort Washington, MD and owned by Joyce & Thomas Moorehead. The couple also owns a BMW/MINI dealership in Sterling, MD. Thomas Moorehead is the Chairman...
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With less than 1,000 motorcycles sold in the U.S. last year, the Royal Enfield brand has a somewhat underground presence. But the newly hired Milwaukee team — equipped with years of experience at Harley-Davidson Inc. — plans to change that. Royal Enfield last month announced it has set up a North American headquarters for distribution and sales in Milwaukee, with Rod Copes, former head of global sales and customer service for Milwaukee-based Harley-Davidson Inc. (NYSE: HOG), at the helm as president. Copes' team set aggressive distribution goals for the end of 2016, looking to serve the middleweight motorcycle market as...
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