Harley-Davidson Limits Motorcycle Production At York Facility After Supplier Quality Issue
Portfolio Pulse from Shivani Kumaresan
Harley-Davidson (NYSE:HOG) suspends most motorcycle production at its York facility due to a supplier quality issue with brake hose assemblies provided by Proterial Cable America (PCA), a Bain Capital portfolio company. The company expects to resume full operations on June 26, 2023.
June 13, 2023 | 10:22 am
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Harley-Davidson suspends production at its York facility due to a supplier quality issue, which may impact short-term sales and revenue.
The suspension of production at Harley-Davidson's York facility is due to a supplier quality issue with brake hose assemblies provided by Proterial Cable America. This may lead to a temporary decrease in the production of motorcycles, which could impact short-term sales and revenue for the company. As a result, the stock price may face downward pressure in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100