The iconic motorbike maker said a third-party supplier that it did not identify has a regulatory compliance matter with a component. Harley-Davidson had no additional comment…
In a recent 10-k filing, the company disclosed that semiconductor shortages were affecting production lines and that it was seeking alternatives. It also noted that its suppliers could potentially be adversely impacted by changes in legal or regulatory requirements.
Shares dropped 9.3%, to $32.44 in afternoon trading. There is no word on if this affects any stock already produced, or how it will affect new orders.
Motorcycle manufacturers have been hit by supply chain issues over the last two years, impacting manufacturing, and lowering dealer inventories.
