Quote:
Originally Posted by Show Me the Wire
President Trump’s feud with Harley-Davidson is sad to watch, but it reveals several challenges facing American businesses. I understand the issue, but I continue to believe Harley’s management made a grave error by blaming its announcement of factories outside the U.S. on the tariff tiff. This will be over before any motorcycles roll off any new assembly lines in Europe.................
This trend is underscored by the fact American motorcycle registration peaked at 549,200 in 2006 and finished in 2017 at 288,800. Meanwhile, European motorcycle registration has been coming on strong, and Harley’s share of that expanding pie has been growing at an even faster pace.........................
I’m not arguing against the business rationale of this decision. I am just saying it was made long before America got into a tariff tiff with Europe.
https://www.wstreet.com/investing/st...ley_day_3.html |
Ding, Ding, Ding. This post is the winner. Decisions to move production overseas takes 1-2 years of study of many economic factors. This decision was in the works before Trump ever got elected.
