Italian newspaper Messaggero reported (without mentioning sources) that Harley-Davidson is in negotiation to buy most of the debts from motorcycle manufacturer MV Agusta. We know for sure that the Italian company has around 200 million euros (about 320 million US dollars) of debt and that businessman Claudio Castiglioni owns 29.6% of the shares. MV Agusta.
Harley-Davidson In Advanced Talks To Buy MV Agusta
Published by June 5th, 2008 in Builders and Editorial.20 Responses to “Harley-Davidson In Advanced Talks To Buy MV Agusta”
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Would be nice to have HD getting involved with sport bikes using the experience of an Italian manufacturer.
Sounds like a good move for Harley considering they cant build a sport bike of their own. Lets just hope they dont screw up a beautiful bike.
jspfc, Amen to that
Ahh- explains why Harley just sold $1B of paper. Woo hoo! Debt financing- the ’80’s are back!
Hmm- Harley buying an italian scooter biz- haven’t we seen this before?
Wonder how long before the AMF buyout? heheheh…..
With all that has gone on in the motorcycle industry lately, nothing should surprise us. If Harley was looking for a great sport bike company/brand to purchase, they found it!
back to the future?!?! Harley needs new thinking, not the same strategies of the past!!
Something doesn’t sound right about this. We’ll see if it pans out, but I’d be quite surprised if this is the case.
…not a marriage made in heaven!
MV Agusta – NOT Augusta!!
LOL – Cyril, I doff my hat to you. You’re a damn sight more efficient than I am! 🙂
umm last i checked HD did have a sportbike division…its called Buell….
Hey everyone loves Italian food, women, and those sexy red/black motorcycles……yeah baby!!
Buell Motorcycles has developed a very nice bike in the 1125R. I think it needs a bit more refinement. But, it is very close to competing with the metric litre-bikes offered by the “big three” as well as Ducati. I think that Harley should give this focus (and $$$) to Erik…
OH GOD…..wtf are they thinking now? Laying people off, showing losses and NOW looking to spend some 320 million dollars?
Conrad,
RE:
“…wtf are they thinking now? …”
That’s exactly the issue…..
May be thay aren’t….. [thinking, that is…]….???
-nicker-
I can already imagine a Harley-Davidson twin nestled into an MV Agusta frame. Cannot wait to see if this deal goes through and the new models to follow on both sides of the fence.