On May 19, 2022, Harley-Davidson halted production at its plants in Menomonee Falls, Wisconsin, and York, Pennsylvania. The shutdown was scheduled to last two weeks, potentially crippling the Motor Company’s Q2 2022 performance. Despite the hiatus lasting longer than the two-week estimate, Harley still reported a $215.8M profit in this year’s second quarter.
According to Harley-Davidson CEO Jochen Zeitz, the manufacturer closed production facilities and suspended vehicle shipments due to brake hose supply issues. Harley addressed the holdup and resumed production in early June. During that time, the Bar and Shield’s lower operating expenses and tariff reductions on steel and aluminum in the European Union helped the firm turn a profit.
