Day: January 7, 2022

19 ‘Biggest Single Risk Ever’ For Auto Business

Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycleMost of the changes occurring within the automotive market today, including tightened credit markets in a capital-intensive industry and increased government involvement are the most recent international challenges. Auto and auto components companies have already issued various warning indicators. Volkswagen lowered its sales outlook Wednesday , anticipating “vehicle markets will contract sooner than beforehand anticipated in lots of areas of the world.” Elements producer Continental announced a $2.8 billion writedown Tuesday, WSJ reported , connecting the charge to weaker expectations for the worldwide market.

Harley-Davidson manufactures its motorcycles at factories in York, Pennsylvania ; Milwaukee, Wisconsin ; Kansas City, Missouri (closing); Manaus, Brazil ; and Bawal, India Construction of a brand new plant in Thailand began in late 2018. 6 The company markets its merchandise worldwide, and also licenses and markets merchandise underneath the Harley-Davidson model, amongst them apparel, dwelling decor and ornaments, equipment, toys, scale fashions of its motorcycles, … Read More