Harley-Davidson restarting motorcycle production on June 6, WSJ reports
Read Time:32 Second
Davidson Inc (HOG.N) will resume its motorcycle production on June 6 after a previously announced two-week halt, the Wall Street Journal reported on Friday citing a company spokesperson.
The report adds the suspension would have lasted 19 days, longer than the original projection of two weeks during which assembly and shipments would have been shut down.
Shares of Harley fell about 2.2% to $35.34.
The iconic motorbike maker last month said it would stop assembling and shipping motorcycles except for its electric models due to a problem with parts from a supplier.
Harley did not immediately respond to a Reuters request for comment.
SOURCE: REUTERS
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
Related Post
New Porsche mistakenly put on sale at bargain price in China
Potential car buyers in China have found that an online advert for a luxury sports car was just too good...
Fraud claims against Adani group spark political row in India
A US research firm's allegations of fraud against billionaire Gautam Adani's business empire have sparked a political row in India....
Elon Musk’s Tesla lost $140m on Bitcoin in 2022
Tesla made a $140m (£113.5m) loss on its Bitcoin investments in 2022, according to filings. The electric car maker told...
ChatGPT firm trials $20 monthly subscription fee
The firm behind the popular AI chatbot ChatGPT is trialling a subscription service in the US. For $20 (£16) per...
Fed announces smaller rate rise as inflation cools
The US central bank has raised interest rates again as it continues its fight to stabilise prices in the world's...
Shell reports highest profits in 115 years
Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of...