Prøve GULL - Gratis
Harley-Davidson Wants Payback If Europe Targets Its Bikes
Mint Chennai
|April 01, 2025
Harley-Davidson isn't cheap no matter where you buy it.
But if the European Union imposes a 50% retaliatory tariff on the company's motorcycles in April, prices could reach astounding heights in Harley's second-largest market by sales.
Consider the Road Glide, a touring model that starts at $28,000 in the U.S. In Denmark, the price tag is already around $77,000 once the country's 25% value-added tax and 150% luxury tax are added.
The proposed new EU tariff, which officials said would be in response to levies imposed by the Trump administration, would take the Road Glide price to $124,000, the company said.
Harley said its products are afflicted by unfair trade policies in other markets, too. The company wants its overseas rivals to face reciprocal duties when they export bikes into the U.S.
"Competitor brands should not be allowed to take advantage of low-cost manufacturing and preferential import duty when accessing the U.S.," Jonathan Root, the company's chief financial officer, told a congressional trade panel Tuesday.
The Motorcycle Industry Council, which represents numerous manufacturers, declined to comment.
Harley-Davidson, which is based in Milwaukee and does most of its manufacturing in the U.S., has been a beneficiary and a victim of tariffs. In the 1980s, the Reagan administration imposed duties on imported bikes, rescuing Harley from near-bankruptcy and helping it to dominate the domestic market.
Denne historien er fra April 01, 2025-utgaven av Mint Chennai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Chennai
Mint Chennai
It's Clear That Gamblers Should Pay More Taxes Than Investors
Investing aids the economy but gambling is simply consumption
3 mins
September 15, 2025
Mint Chennai
Finding inspiration in natural light
Nicobar's Simran Lal on how her two workspaces keep her calm, motivated
2 mins
September 15, 2025
Mint Chennai
Yuan versus the dollar: Propose a third option
As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency
2 mins
September 15, 2025
Mint Chennai
Mercedes Expects Best Festive Season
The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.
1 min
September 15, 2025
Mint Chennai
Indian Market Resilient; Stocks Could Touch New Highs by March
Over the long term, say 7 to 10 years, small and midcaps will be the real winners A. Balasubramanian, managing director and chief executive of Aditya Birla Sun Life AMC
4 mins
September 15, 2025
Mint Chennai
Top Debtor States Seek More From Finance Commission
Greater fiscal relief, revamped criteria for tax revenue sharing, special funds among demands
2 mins
September 15, 2025
Mint Chennai
Insurance law revision likely next session: FM
The Insurance Amendment Bill, which proposes 100% foreign direct investment in the sector, is likely to be introduced in parliament in the winter session, finance minister Nirmala Sitharaman has said.
1 min
September 15, 2025
Mint Chennai
When street dogs, cats bring the office closer
When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose
4 mins
September 15, 2025
Mint Chennai
COP-30: Use carbon trading to win climate leadership
An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone
3 mins
September 15, 2025
Mint Chennai
Small stores, bold ambitions: Ikea to ramp up presence
Ikea India plans to add 3-4 small city stores over 10 months, shifting focus from large-format outlets to compact spaces
1 mins
September 15, 2025
Listen
Translate
Change font size