According to reports, MV Agusta could finally have some purchasers with Claudio Castiglioni and Federico Minoli registering their interest. Castiglioni has been working at MV Agusta since its rebirth and has kept the ship from sinking since Harley Davidson announced it wants to sell its Italian brand. Castiglioni’s is a name linked to the success of the company, along with Tamburini, as producing some of the great Agusta models.

Minoli is the ex-CEO of Ducati who headed operations in the early 2000’s. Together with Terblanche, he is associated with some of the more controversial models, including the Ducati 749, 999 and the Multistrada. While the future of MV Agusta is still uncertain, Castiglioni and Minoli have been credited with being the possible purchasers of the company.

Castiglioni is backed by Italy’s Intesa San Paolo bank and finance papers report that the company could finally come back to Italian ownership. Minoli resigned from Ducati back in 2007 and would now appear to have the backing of a private equity fund that could help with the reported 34 million euros required to buy MV Agusta (2009 valuation). Many Italian fans will be hoping the move comes off and they can go back to MV Agusta made in Italy.

Source | Motoblog.it

Continue reading: Castiglioni and Minoli to buy MV Agusta?

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 Agusta 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.

Continue reading: Potential Buyers for MV Agusta?

In what was possibly on the cards, the Italians could take back their beloved MV Agusta brand, after Harley Davidson announced the sale of MV Agusta and the production end of Buell. According to reports, MV Agusta is still preparing for an important EICMA show with some exciting new models, in an interview with Claudio Castiglioni from MV.

Castiglioni has revealed the strength of the MV Agusta brand, how well loved it its, but also its appeal beyond just the emotional. Saying that MV makes creative and wonderful bikes, Castiglioni has said: “It would be logical for an intiative to be set up, for an Italian entrepreneurial interest for the reacquisition of MV [to take place]. I need to think about it. I have to be sincere, I have suffered a lot for “my” bikes and I’m tired of suffering. I need to reflect.”

There will be many Italians out there hoping that one of their beloved brands will once again be “made in Italy” to all intents and purposes. It will only be revealed whether practical issues can support the nostalgia associated with a patriotic buy-back of MV Agusta.

Source | Motoblog.it

Continue reading: MV Agusta to return to Italy?

If you own a Buell you may soon find yourself the proud owner of a piece of history, as Harley Davidson announces a huge reduction in profits and the discontinuation of the Buell line. Sales of Harley Davidson motorcycles were down 21.3 percent in the third quarter of this year, compared to the same quarter last year, which is a futher reduction on the 30 percent decline already experienced in the second quarter.

In efforts to preserve the Harley Davidson brand itself, the company will now sell MV Agusta and discontinue Buell production, laying off a total of about 180 workers. As long as Buell stock remains, sales and warranty agreements will continue, as will service and parts supplies for current owners.

Harley Davidson will now commence the sale of MV Agusta, though it’s too early to tell who potential purchasers might be. In a statement from the company, Keith Wandell CEO says:

Continue reading: Harley Davidson to sell MV Agusta and discontinue Buell