Harley halts shipments for two weeks on compliance concern

19/5/2022 6:14:00 PM

Harley halts shipments for two weeks on compliance concern - Bloomberg

Harley halts shipments for two weeks on compliance concern - Bloomberg

DETROIT (May 19): Harley-Davidson Inc plunged the most in 15 months after the motorcycle maker said it would halt almost all assembly and shipments for two weeks because of a “regulatory compliance matter” with a part from one of its suppliers.The decision, made out of “an abundance of caution,” came after Harley received unspecified information from a supplier earlier this week, according to a statement Thursday. The interruption does not affect the company’s electric LiveWire bikes. The company declined to offer

DETROIT (May 19): Harley-Davidson Inc plunged the most in 15 months after the motorcycle maker said it would halt almost all assembly and shipments for two weeks because of a “regulatory compliance matter” with a part from one of its suppliers.The decision, made out of “an abundance of caution,” came after Harley received unspecified information from a supplier earlier this week, according to a statement Thursday. The interruption does not affect the company’s electric LiveWire bikes. The company declined to offer additional information or specify the supplier.

Read more:
The Edge Malaysia »