Harley-Davidson CEO Matt Levatich has said that the American bike producer may consider building cruisers in Europe if the US and EU exchange war doesn’t chill soon. Harley-Davidson has been hit by retaliatory levies slapped by the European Union which makes Harley bicycles increasingly costly over the Atlantic. Addressing a TV slot, Levatich said that his organization may need to begin building bicycles in Europe on the off chance that it needs to keep offering them there. The expanded levies hitting Harley-Davidson are at 31 per cent at this moment, and in an additional two years, the duties will ascend to 56 per cent, which is probably going to constrain the American producer to think about an elective methodology.
Harley-Davidson has been hit with high duties from the European Union after the US Administration slapped expanded taxes on steel and aluminium imports. The issue has been in the news a year ago with President Donald Trump seriously scrutinizing Harley-Davidson’s declaration to move some generation abroad. While Harley-Davidson so far had not referenced any generation designs in Europe, there have been discussions about considering expanding abroad assembling in existing H-D plants in Brazil, India, Thailand and Australia. This is the first run through the Bar and Shield brand has reported any designs to fabricate bicycles in Europe.
Levatich said that Harley-Davidson is as of now investigating the alternative of bringing bicycles into EU from the H-D processing plant in Thailand, yet on the off chance that that bombs, at that point Harley-Davidson will consider “experiencing another venture conceivably inside the European Union.” What that potentially infers is that setting up creation in Europe may work out to be a more reasonable choice than face the 56 per cent tolls which the organization should look in two years by trading bikes from the US.