So it's either going to be well dressed bikes or BMW by the looks of it!!!
Harley davidson after facing third quarter profit drops, announced back in October, that they were killing off the production of Buell motorcycles and were going divest itself of the MV Augusta group that they bought in 2008 for $109 million and many wondered what would happen to one of Italy’s most historic marques, especially in a down trodden economic market.
According to the well informed motociclismo.it HD may have found someone to buy out their stake in the MV Agusta and one of the companies could be BMW, who so far has neither confirmed or denied their interest and the second could be a consortium of Italian entrepreneurs led by Mario Moretti Polegato, founder and president of the Geox Group, who is best know in the footwear and apparel market.
The announcement of the sale of MV Agusta could come as early as the end of March.
http://www.twowheels...s-for-mv-agusta
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Potential Buyers For Mv Augusta
#4
Posted 10 March 2010 - 07:32 PM
Italian Consortium...that is funny..we have seen how many italian bike companies owned by consortiums taking a dive..Moto Guzzi, Benelli, MV Augusta, Bimota, Moto Morini, all of them was owned and ran into the ground at some stage by an Italian Consortium.
Village Idiots are Fun, every village should have one
#5
Posted 10 March 2010 - 09:01 PM
The thing is that for an Italian brand to be
owned by the Germans just isnt right ...
Not the Yanks were any better, but Italian
flair and styling belongs to an Italian Brand.
Hopefully whoever buys it will market it better
but leave it Italian.
owned by the Germans just isnt right ...
Not the Yanks were any better, but Italian
flair and styling belongs to an Italian Brand.
Hopefully whoever buys it will market it better
but leave it Italian.
Changing lives one heart at a time
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