Harley Rises on Overseas Shift Allaying $100M EU Tariff Hit

Harley Rises on Overseas Shift Allaying $100M EU Tariff Hit

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Business

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Hard

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Harley-Davidson plans to bypass $100 million in tariffs by moving some production to Thailand, reducing EU tariffs from 31% to 6%. This move is part of a broader strategy to counteract retaliatory tariffs on US products like bourbon and jeans. Despite this relief, Harley-Davidson still struggles with demand, particularly among younger demographics. The company is betting on its new electric bike, LiveWire, to attract a different type of buyer, though its high price point remains a concern.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is Harley-Davidson using to avoid $100 million in tariffs?

Reducing the cost of their motorcycles

Increasing production in the US

Shifting production to Thailand

Negotiating directly with the EU

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the EU's response to US tariffs on steel and aluminum?

Imposing tariffs on US motorcycles

Imposing tariffs on US metals

Imposing tariffs on US agricultural products

Imposing tariffs on US electronics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges Harley-Davidson faces despite reducing tariffs?

High production costs

Low demand from younger demographics

Increased competition from European brands

Lack of innovation in motorcycle design

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of Harley-Davidson's new electric bike?

LiveWire

Road King

Street 750

Electra Glide

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential issue with the LiveWire's market appeal?

It is only available in limited markets

It lacks the traditional Harley sound

It is priced too low

It is too similar to traditional Harleys