News

Harley suspends business, bike shipments to Russia

© Reuters. FILE PHOTO: The logo of Harley-Davidson motorcycles is seen at a dealership in Queens, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/

(Reuters) -Harley-Davidson Inc said on Tuesday it had suspended its business and shipments of its bikes to Russia following the country’s invasion of Ukraine last week.

The attack marked the biggest conflict in Europe since World War Two. Many Western firms, including General Motors Co (NYSE:GM) and Germany’s Daimler Truck Holding AG, have idled operations in Russia.

Harley did not immediately respond to a request for additional details on the suspension.

Separately, Canadian auto-parts maker Magna International which houses six manufacturing facilities and roughly 2,500 employees in Russia said its operations were currently running and it would continue to monitor the situation.

Harley suspends business, bike shipments to Russia

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published.

More in:News