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Harley-Davidson to temporarily suspend vehicle shipments

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Yahoo Finance Live’s Julie Hyman discusses the drop in shares for Harley-Davidson amid news that the company will temporarily suspend vehicle shipments.

Video Transcript

JULIE HYMAN: We just got some headlines at the top of the hour regarding Harley-Davidson, which says it is suspending all of its vehicle assembly and shipments, except for LiveWire, for a two-week period. And the shares quickly fell by 8 and 1/2%. This has to do with a compliance with one of the parts that goes into Harley-Davidson. It says it was based on information provided by a third party supplier to Harley late on Tuesday concerning a regulatory compliance matter relating to the supplier's component part.