Fast Motorcycle Industry News

You asked me what’s going on with the sale of MV Agusta by Harley-Davidson? Well, only rumors that Harley is talking with 2 potential buyers. One would be BMW. The other one would be Paul Berlusconi and a group of investors. Paul is the brother of Silvio Berlusconi, the very controversial Italian Prime Minister involved in a series of corruption lawsuits, sex scandals and a high profile divorce. My opinion is that Harley should keep MV Agusta and uses the Italian manufacturer experience – design and performance skills – to improve its own lineup aimed at the young crowd – Was Harley-Davidson Museum unsafe for children? 42-year-old David Salsbury, a Milwaukee County Sheriff’s Captain, was arrested by police at the museum last Tuesday on suspicion of first-degree sexual assault of a child. According to the Milwaukee Journal Sentinel, Salsbury was officially charged yesterday with 18 counts of sexual misconduct. Included in the 18 counts were, repeated sexual assaults of children as well as possession of child pornography – Although the overall number is down, Horry County in South Carolina where Myrtle Beach is located tops State list for fatal motorcycle crashes and injuries. Horry County has topped the list since 2005.

Added 03/25/10 at 10.07 AM EST. For those near Daytona. Just learned that “Destination Daytona” fired a mailing explaining that they have a lot of 2010 Harleys available, will give you a gift certificate of $20.00 if you show up to have your current bike appraised (of course hoping that you will sign for a brand new one.)

12 Responses to “Fast Motorcycle Industry News”

  1. 1 Peter Zehl Mar 25th, 2010 at 8:43 am

    Agree that Harley should keep MV Agusta. Not too late HD.

  2. 2 Lyle Mar 25th, 2010 at 9:13 am

    Totally agree about them keeping MV Agusta. Remember when they sold Aeromachii? That company is now Ducati. Of course, they pretty much drew the line in the sand regarding sportbikes when they discontinued Buell. What they don’t realize is that many die hard HD riders are starting to migrate over to sportbikes.

  3. 3 Kale Mar 25th, 2010 at 9:22 am

    Bruce Rossmeyer’s dealerships desperately trying to survive. Can’t pay estate taxes?

  4. 4 Woody Mar 25th, 2010 at 10:01 am

    FWIW The H-D Museum was where he was located and arrested but had nothing to do with the alleged crimes themselves.

  5. 5 lu Mar 25th, 2010 at 10:36 am

    aermacchi became Cagiva, not Ducati, Cagiva bought Ducati and other brands (like huskwarna) and MV…
    then Cagiva sold Ducati to an american holding, Husky to bmw and MV to hd… so…
    it’s a real gain for HD keeping mv? or it was better to keep buell?

  6. 6 ODee Mar 25th, 2010 at 12:25 pm

    I wonder how the child predator got caught? One can only imagine what would have happened had he been busted by a rider and a few bikers gotten a hold him before the arrest…hmmm, off-duty cop + child molestation + bikers, sounds like a dangerous combination to me!

  7. 7 just my opinion Mar 25th, 2010 at 1:17 pm

    The problem with HD keeping MV AGUSTA is that they are losing money and cannot afford to carry a losing company right now. Lets not forget HD just announced that they had lost 55 million dollars last year. That is why the Buell was discontinued and that is why MV Agusta must go. I am sure HD would like to be able to keep both bikes going but if you are losing money at the rate they are right now you must do everything possible just to stay in business. Harley did the right thing by closing down Buell and they are doing the right thing by selling Mv Agusta. I would not be surprised to see other models dropped as well. I think their biggest problem is they were forced by the bad economy to borrow huge amounts of money at the very high rate of 15%. It will be very tough for them to not only pay the interest but remember they also have to pay back the principal or the sharks will soon be circling the carcus. What they need more than anything right now is a CEO capable of negotiating and securing enough money to pay off the high interest loans with a loan at a reasonable rate like 5 or 6 percent. That would be a CEO worth giving a bonus too. The rest of those clowns should be layed off or fired to save that money as well.

  8. 8 Big Mar 25th, 2010 at 1:28 pm

    The cop who got arrested at the HD Museum was there for a sheriff’s deparment meeting in a rented conference room. His crime had nothing to do with Harley, the museum or bikers. It just so happened that the cops who arrested him knew he was in that meeting so they knew exactly where and when they could pick him up.

  9. 9 Stephen Mar 25th, 2010 at 8:57 pm

    I’m not sure that Harley riders are migrating to sport bikes as Lyle suggests but if you did you would probably go for something from one of the big Japanese manufacturers as they have that market nailed.
    Personally I think if HD riders moved brands they would be more likely to move to another cruiser, again from the big Japanese manufacturers. Sooner or later we just have to accept that the young blokes just like those uncomfortable crotch rockets.

  10. 10 BigWave Mar 26th, 2010 at 7:22 am

    Wow! Anoter Dick Tracy moment. They had to pick him up at the Harley Museum because they knew he’d be there? It’s not like they couldn’t find out where he lived, Hell, they already knew where he worked. Real nice piece of police work.

  11. 11 Jim Gianatsis Mar 29th, 2010 at 4:02 pm

    Lyle, Ducat was never Aeromachi and never built bikes for Harley. Aeromachi was a separate Italain MC manufacturer, now out of business.

    Since H-D is no longer interested in investing capital in MV Agusta, and has lost their desire to sharing marketing and engineering assets (particulatly now they have divested of Buell) Harley is much better off selling MV to someone who cares about them.

    With BMW’s success of their new 1000RR inline-four superbike, they really have no need to purchase MV Agusta and its directly competiting bike line.

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