Brembo Issues Statement on Its Master Cylinder Recall

Just over a week ago, we broke the news that a massive recall was coming to motorcycles equipped with a particular Brembo master cylinder. Since then, we have seen recall notices from Aprilia and Ducati (affecting roughly 10,000 motorcycles in the USA) with more recalls expected from other brands. Because recalls in the United States typically come from the motorcycle manufacturer and not the part supplier, mum was the word from the folks at Brembo, though there were a number of questions regarding these recalls that weren’t answered in the NHTSA documents. Today, Brembo has finally decided to speak about the recalls that are underway in the United States, and presumably will be occurring in other markets as well.

Come Drool Over “Kahn” by Mehmet Doruk Erdem

Regular readers of Asphalt & Rubber by now should be well aware of my unrequited love for dustbin-style motorcycles. A&R diehards should also recognize the work of Mehmet Doruk Erdem, as the Turkish designer has penned more than a few concepts that have gone viral on the internet. Today we have another of Erdem’s work for you to consider, a BMW-powered dustbin that is simply named “Kahn”. Based on the Bavarian brand’s twin-cylinder boxer engine, Erdem once again creates an eye-catching shell to house the mechanics of the machine, and hide them from the wind. An eagle-eyed viewer will note a few similarities between Kahn and Erdem’s other most-recent work, which was called “Alpha” and also powered by a BMW engine.

Ducati Now Part of the Massive Brembo Brake Recall

Yesterday we broke the news about a massive recall that is affecting a number of sport bikes with Brembo master cylinders. The first wave of that recall included Aprilia’s two offerings, the Aprilia RSV4 superbike and the Aprilia Tuono 1100 streetfighter. Today, we get our first official word of another manufacturer that is involved with this massive Brembo brake recall, and it is Ducati. With six affected models, spanning four model years, Ducati North America is recalling roughly 8,000 units because the piston in their master cylinder may crack. If you recall our previous coverage, the issue stems from the plastic piston in the master cylinder possibly cracking after hard use. If this happens, the master cylinder can stop operating, which can lead to front brake failure. This is an obvious safety concern

Today Is the First Day of a Massive Brembo Brake Recall

Today is the first day of a massive recall for Brembo brakes, as our inbox just received the first official notice of what is expected to a recall that touches a multitude of brands that use the Italian company’s high-performance line of brake master cylinders. The issue stems from the Brembo’s popular PR16 radial master cylinder unit (the master cylinder that is often paired with the Brembo M50 calipers), which apparently can crack internally at the piston, which can then lead to front brake failure. Because of the physical properties of the piston material used on the master cylinder, and the porosity generated during the injection process used to create them, the piston could crack when used on race tracks, or with frequent ABS intervention, or when the motorcycle falls to the ground.

MV Agusta Buys Back Shares from Mercedes AMG

A bit of a housekeeping item, but today it was announced that MV Holding has completed the acquisition of the shares that were previously held by Mercedes AMG, thus effectively removing the German brand from the Italian motorcycle company’s business operations. This means that MV Agusta is now solely controlled by Giovanni Castiglioni and the Sardarov family, though today’s news is likely due to investments by the latter, into the struggling motorcycle brand. For fans of the MV Agusta brand, this surely is the start of a new chapter for this mercurial motorcycle marque. In case you haven’t been keeping track, the ownership structure for MV Agusta is very complex, and it involves several layers of ownership.

Troy Bayliss Racing in Australian Superbike for 2018

Don’t all it a comeback, Troy Bayliss has been here along, as the Australian never really hung up his racing leathers. Partaking over the yeas in numerous one-off and short-term racing endeavors, the 48-year-old Australian is looking for a little bit more two-wheeled action in his life though, and accordingly has his eyes on a proper championship go. As such, Bayliss has announced that he will compete in the 2018 Australian Superbike Championship, riding with the DesmoSport Ducati team, which he co-owns with team manager Ben Henry, with an eye on the series’ #1 plate. “Initially I did want to see another young guy on the bike, but after I rode it I felt that I needed to contest the championship and try and win myself the elusive Australian Superbike title,” explained Bayliss.

Energica Will Supply FIM Moto-e World Cup Race Bikes

In recent months, the FIM and Dorna have been pushing ahead with the planned FIM Moto-e World Cup for the 2019 season, and today the electric motorcycle racing series took a serious step forward, as it was announced that Energica will provide the spec race bikes for Moto-e. As such, teams competing in the inaugural season of the FIM Moto-e World Cup series will race on modified versions of the Energica Ego street bike model, which will presumably use the production model’s 134hp PMAC motor, and will almost certainly be lighter than the bike’s 570 lbs curb weight. With Energica being owned by the CRP Group, a highly regarded engineering firm in Italy’s motor valley, the company’s ties to Formula 1 and other racing ventures certainly played to Energica’s strengths in the bidding process.

More Rumors About Suzuki’s Turbo Project

I had to go back through the Asphalt & Rubber pages to see when we first heard about Suzuki’s turbocharged motorcycle musings. For the record it was, just over four years ago when the Suzuki Recursion concept was teased at the Tokyo Motor Show. Since then, we have seen a slow trickling of information about Suzuki’s turbocharged project, especially in the time since we got out first glimpse of the twin-cylinder 588cc concept engine. When will the folks at Hamamatsu release this turbo bike? What form will it take? Is it the start of more forced-induction models from the Japanese brand? Or, will it be a one-off model? Does it wheelie? These are all good questions, and if you believe the latest rumors, we have some answers for you.

Is a Baby Africa Twin Coming from Honda?

The Brits over at MCN have an interesting story right now, whereby Honda is considering making a middleweight version of its Africa Twin adventure-tourer. Really, that thought isn’t so shocking, and if this year’s EICMA show was any indication of things, it’s that the middleweight ADV segment is of particular interest to motorcycle manufacturers right now. One look at Honda’s lineup, and it is obvious that Big Red is missing something that can go head-to-head with bikes like the BMW F850GS and Triumph Tiger 800, and the soon-to-come KTM 790 Adventure and Yamaha Ténéré 700. Focused for off-road use, the Honda Africa Twin may not be the pluckiest liter-class adventure-tourer on the market, but it certain is at the top of the pack when it comes to trail riding capability.

About The Rising Cost of Ducati Superbikes

I was a bit surprised when Ducati announced pricing on the new Panigale V4 model. I knew the Italian brand would command a premium for the latest edition of its flagship model, but what took me aback was how high the price had climbed ($21,195) in one swoop, even though prices on the Ducati 1299 Panigale have steadily been creeping upward over the past few years. Part of the blame is surely comes down to simple currency conversion between the euro and dollar, which has also been climbing steadily in the past year (after a sudden and sustained drop for the past three) and is now nearly at its year-long high. When it comes to the US market though, currency fluctuations are only part of the puzzle when it comes to understanding the pricing programs put together by motorcycle manufacturers.

AMG Severs Ties with Ducati after Audi Acquisition

04/19/2012 @ 10:29 am, by Jensen Beeler11 COMMENTS

The writing was on the wall with this piece of news, as after Audi’s acquisition of Ducati Motor Holdings, AMG has terminated its marketing partnership with Ducati. The announcement should not surprise anyone, as AMG & Ducati were certain to sever ties as soon as Mercedes-Benz bowed out of acquiring Ducati Motor Holding, and Audi was rumored to have picked up the ball.

Marketing with “the other team” surely neither Audi nor AMG wanted Ducati to be associated with the other, and all that remained was some fancy foot-work from the lawyers to end the partnership amicably and swiftly. Needing only a day to do so, we think the language in AMG’s statement after the jump has interesting spin to suggest the suits could have done a better job.

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Audi Buying Only Part of Ducati? Daimler Bows Out

04/03/2012 @ 6:05 am, by Jensen Beeler8 COMMENTS

More reports are starting to surface about Audi’s pending purchase of Ducati Motor Holding from Investindustrial. Said last month to have offered the private equity firm somewhere in the neighborhood of €750 million, Reuters is now reporting the figure to have been closer to the €870 million to €875 million range, which is closer to the original rumored offer of €850 million by the German automaker. What is most interesting in the report by Reuters is the notion that Audi is not making an offer to buy all of Investindustrial’s financial position in Ducati Motor Holding, which accounts for about 70% of the company.

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Audi Offers €750 Million for Ducati

03/28/2012 @ 11:56 am, by Jensen Beeler34 COMMENTS

According to Italy’s Correrie di Bologna, the Volkswagen Group has made a €750 million bid on Ducati Motor Holdings. Just shy of Investindustrial’s reported €832 million asking price on the Italian motorcycle manufacturer. Reports are also saying that Volkswagen’s due diligence process has uncovered that Ducati has less debt on its books than previously thought (previously rumored to be in the €200 million range), and that the €750 million offer would nearly double  Investindustrial’s initial purchase price of the Italian company.

Said to have until the middle of April to make an offer, the Volkswagen Group’s current proposal is lower than the €850 million originally rumored earlier this month. Despite it being less than Investindustrial’s initial valuation of €1 billion, the deal is said to be close to finalization, with Italian politicians and union members weighing in on the prospect of German involvement with the Italian brand.

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Audi to Buy Ducati?

03/12/2012 @ 11:35 am, by Jensen Beeler17 COMMENTS

It has been almost a year now since we broke the news that Ducati Motor Holding was up for sale, and I still can’t tell if the appropriate metaphor for the ongoing acquisition is a game of musical chairs or Russian roulette. Vying for a seat or putting the chamber to its temple, our latest contestant in “Who Wants to Buy Ducati” is Audi, the four-ringed German car manufacturer. Reported to have a right of first refusal, Audi allegedly has until mid-April to finalize a deal with Investindustrial (Ducati’s main investor) to buy Ducati from the Italian investment group.

Though Ducati sold over 40,000 motorcycles in 2011, the Italian company has roughly €800 million in debt on its books. This means that any company interested in buying Ducati would have to assume the Italian company’s debt onto its own books, which changes the actual purchase price of Ducati dramatically. For its part, Audi is rumored to be making an offer in the €850 million range, which would put the actual purchase value of Ducati at over €50 million, and could put as much as €100 million on the table for Investindustrial to take.

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The big non-racing news today is that Ducati is reportedly up for sale, with a price tag of €1 billion. To be honest, I’m fairly amused by how many emails I found in my inbox on this topic, and by how far this news item is spreading in the motorcycle news sector today. The buzz of course is that Ducati may be purchased by any number of large manufacturing firms, with smart money on a European automaker.

Either asleep at the switch for the past year, or just grossly inept at understanding financial news (guys, there is a big difference between one billion euros and one billion pounds), collectively the motorcycle news industry is reporting on an story that we first published nine months ago like it is a shot out of the dark.

For those that missed our ongoing coverage of the topic, Investindustrial actively spent the better part of 2011 looking to divest its majority position in Ducati Motor Holdings, and was in serious talks with Mercedes-Benz over the acquisition. Our Bothan Spies told us back in April that Investindustrial was very eager to sell Ducati to Mercedes-Benz, while the zie Germans were being very, well German about the whole thing.

With nothing coming to fruition on the Mercedes deal, Ducati again made waves in August when it was reported that the company was interested in making a private stock offering in 2012. Today’s news of course is the logical extension of that announcement, as it is both 2012 and Investindustrial is rumored to be in talks with several possible private buyers for Ducati. While none of this news should surprise anyone, what is of note is the price tag being attached to Ducati is €1 billion.

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BMW isn’t the only company weathering the storm in the motorcycle industry, as Ducati North America has released some of its own numbers from 2010. At the top of the highlight list is Ducati North America’s 35% increase in December 2010 sales over December 2009’s sales figures.

Also bucking the trend was DNA’s growth in Q3 & Q4 of 2010, where the company sold 8% & 9% more motorcycles respectively than in the same quarters in 2009. Compare that to the North American motorcycle industry averages, which saw a 15% decrease in Q3 and 14% decrease in Q4 last year.

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Michael Lock Officially Leaving Ducati North America

07/16/2010 @ 10:45 am, by Jensen Beeler13 COMMENTS

UPDATE: Michael Lock has announced that he has taken on the role of Chief Marketing Officer (CMO) at Think, an electric car manufacturer.

Asphalt & Rubber broke the news last week that Michael Lock was leaving Ducati North America before the company even knew it, and now the news that Michael Lock is leaving Ducati North America is finally official. Leaving the company in two weeks at the end of July, Lock will be moving on to pursue other interests.

Ducati Holdings Vice President of Sales Cristiano Silei will takeover at Ducati N.A. in the interim, as the company looks for a new CEO. With such short-notice on Lock’s departure, we’re left pondering why the successful CEO is leaving the company, more as we find it. Press release after the jump.

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