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.
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SOURCE Harley-Davidson, Inc.