Harley Davidson Buys MV Agusta & Cagiva
After all these rumors Harley Davidson did it, they bought out MV Agusta for $110 Million and they got Cagiva with them as well. What I find out is that both companies are having financial issues so I wonder what they were thinking. If there is plan in mind I don’t clearly see it. It seem that MV Agusta will be getting an some new life into them but keeping the main people who make it what it is, I just hope they don’t lose that Italian touch.
Link: faster&faster
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Other possible buyers were considering the purchase but they all coditioned it that Castglioni is not taged along since with his management lost Ducati firstto investor bankers then Lost Husqevarna to BMW & now MV Agusta.
If Harley is in trouble & don’t see how MV can make money !
Italian brands are in the red…and the Americans are willing to invest even in our underwear’s….so say good buy to the 100% cotton -or silk if you wear silk ones ;-) -