Harley-Davidson Q2 2017 Sales Tank 9.3% in the USA

Any hopes of the US motorcycle market making gains in 2017 appear to be going out the window, as Harley-Davidson reports that its Q2 2017 sales are down a whopping 9.3% – prompting the Bar & Shield brand to readjust its delivery numbers to dealers in the United States. Sales worldwide were equally bleak for the American company, with international figures down 2.3% for the same time period. This means Harley-Davidson’s combined worldwide sales numbers are down 6.7% for Q2 2017. As a result, Harley-Davidson CEO Matt Levatich said that Harley-Davidson would see a reduction in its workforce, though he would not offer specifics on what that could look like for its mostly union workforce.

BMW Motorrad USA Issues “Stop Sale” on the R1200GS

What started out as a worldwide service campaign for the water-cooled BMW R1200GS models is turning into a massive global recall for the German motorcycle manufacturer, as now the United States has joined the United Kingdom in issuing a recall on the popular ADV machine. Accordingly, BMW Motorrad USA has issued a “stop sale” to BMW dealers, as documents for a recall with the National Highway Traffic Safety Administration are being readied for release. The recall sees BMW Motorrad dealers inspecting the fixed fork tube on R1200GS models produced between November 2013 and June 2017. If the inspected motorcycle has an excessively large gap between the fork pipe and the seal plug, then the fork cannot be repaired by the dealer, and must be replaced.

Ducati Multistrada 1260 Teases More Power in CARB Docs

A bigger burlier version of the Ducati Multistrada 1200 is set to come to a dealership near you in 2018, as documents filed with the California Air Resources Board (CARB) show a new Ducati Multistrada 1260 model is in the works. Spotted by the eagle-eyes at Motorcycle.com, the 2018 Ducati Multistrada 1260 is surely the Italian company’s popular adventure-tourer, now with the XDiavel’s potent 1,262cc engine inside its chassis. For those who haven’t swung a leg over the machine it resides within, the Ducati XDiavel engine is the cream of the Testastretta, making a potent 156hp in its power cruiser application, with Ducati variable valve technology installed. Judging from the the CARB documents, this potent motor could be set to make even more power in its ADV form, however.

BMW Motorrad UK Recalls R1200GS Forks, America Next?

Last week, BMW Motorrad made the interesting move of releasing a worldwide service campaign for the BMW R1200GS and its fixed fork tubes, which may get damaged from hard impacts. The service campaign affects R1200GS and R1200GS Adventure models made between November 2013 and June 2017, which by our math means that over 155,000 motorcycles are involved in this service campaign. Taking things a step further now, Visordown now reports that BMW Motorrad UK has issued a recall for the affected liquid-cooled R1200GS and R1200GSA motorcycles, within its market.

Ducati CEO Dishes on V4 Superbike Details

Talking to us at the launch of the Ducati 1299 Panigale Final Edition, Ducati CEO Claudio Domenicali gave us some details on the Italian company’s upcoming, and long-awaited, V4 superbike. Much has already been speculated and rumored about the successor to the v-twin Panigale, but Domenicali paints a pretty clear picture of what we can expect to see unveiled at the upcoming EICMA show, in Milan. The big news is perhaps not the fact that Ducati is moving to a four-cylinder format for its superbike program (though that is big news indeed), but instead the focus should be on what is inside the V4 engine, and how it operates. He also teased us with some news on a few other upcoming Ducati motorcycles, which should start a new chapter for the Italian brand.

Up-Close with the Suter MMX 500

By my nature, I am a critical person. This isn’t exactly a desirable personality trait, but it serves me well in my chosen profession. Accordingly, I rarely ever use words like “perfect” or “flawless” when describing something. It’s just not in my nature. From my lens, there is always room for improvement. But, when it comes to seeing the Suter MMX 500 up-close and in person, I had to rethink my usual choice of words. I will sidestep superlatives and simply say that the Suter MMX 500 is a true rider’s motorcycle. On the Suter MMX 500, there are no electronic rider aids, no ride-by-wire throttles, no kickstands, mirrors, or lights. There is nothing on this machine that doesn’t serve a purpose, and the only acceptable purpose is to go as fast as possible.

Up-Close with the Ducati 1299 Panigale R Final Edition

As far as venues go, there might not be a better place on Earth to launch a new motorcycle than Pebble Beach, California – that is, if you are into the whole breath-taking view sort of thing. The party of course was for Ducati’s last v-twin superbike, the aptly named Ducati 1299 Panigale R Final Edition, which is part Superleggera, part road bike, and part spaghetti dinner. Clad in a the an Italian tricolore livery, the Ducati 1299 Panigale R Final Edition puts out a potent 209hp, and features some of the best pieces of Ducati’s v-twin superbike lineage – part of a long goodbye to the desmodromic v-twin platform. For American Ducatisti, owning one will mean a $40,000 commitment, which isn’t such a lofty price tag, if you considered its half the cost of the carbon-fiber-everything Ducati 1299 Superleggera.

Ducati 1299 Panigale R Final Edition Finally Debuts

Ducati has finally released its Final Edition of the Ducati 1299 Panigale superbike, and the aptly named Ducati 1299 Panigale R Final Edition packs a punch. Sharing engine parts with the Ducati 1299 Superleggera (sans its aluminum sleeved engine cylinders and sand-cast casings), the Ducati 1299 Panigale R Final Edition makes 209hp on Ducati’s chassis dynamometer. The FE also tips the scales at 419 lbs wet at the curb. For those keeping score, that mass is just a pound lighter than the Ducati 1299 Panigale S; and 13 lbs heavier than the Ducati Panigale R, which uses the 1199 motor. Priced at $40,000 for the US market though, this “half a Superleggera” still packs a considerable punch, and of course it holds the distinction of being the last of Ducati’s v-twin superbikes.

Suter North America Formed, To Bring Two-Stroke Hotness

If you are a fan of two-stroke motorcycles, then the Suter MMX 500 surely ranks highly on your list of bikes to have in your dream garage. And now for American motorcycle enthusiasts, owning a Suter MMX 500 just got easier, as the Arch Motorcycle Company has been named the exclusive importer for Suter’s motorcycle business. Establishing Suter North America in the process, Arch will begin selling these 195 horsepower / 280 lbs (wet) machines to the American public…assuming you can afford the 120,000 CHF (~$125,000 USD) price tag. Similarly, Suter will begin selling Arch Motorcycle’s power cruiser in Europe, which means the two brands are joining forces to expand their relevant markets.

Don’t Call It a Recall, BMW Issues Worldwide Service Campaign for BMW R1200GS Motorcycles

Water-cooled BMW R1200GS owners will soon be getting a call from their local dealership, as the popular adventure-touring machine is getting a worldwide service bulletin that affects models made between November 2013 and June 2017. The service bulletin concerns the fixed fork tubes on the BMW R1200GS and BMW R1200 GS Adventure models, which can suffer damage from high stress incidents (going over an obstacle, riding through a pothole, etc), and subsequently fail. By our math, this service bulletin affects over 150,000 motorcycles, making it a massive global undertaking for the German motorcycle brand, for its flagship model.

MV Agusta Closes Deal with Russian Investors

07/25/2017 @ 9:44 am, by Jensen BeelerADD COMMENTS

MV Agusta has finally closed a very important funding round, getting equity investment from ComSar Invest, which is backed by the Black Ocean Group, which in turn is owned by Russian billionaire Timur Sardarov.

The move sees MV Agusta able also to repurchase its stock from Mercedes AMG, which previously owned a 25% stake in the Italian motorcycle manufacturer.

The details of the ComSar deal however have not been disclosed, though we do know that the deal includes enough cash to finish MV Agusta’s recapitalization plan with its creditors and to begin its new, more focused, business plan for new models and motorcycle production.

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The intrigue is finally over in regards to MV Agusta’s new “Reparto Veicoli Speciali” or “RVS” program, with the Italian marque debuting its first creation from this special vehicle development unit.

An intersection between the designers and engineers at MV Agusta’s Castiglioni Research Centre, RVS is what happens when you let designers be free with their imaginations, and you let engineers create those ideas unfettered – at least, so says MV Agusta.

The result for this fist iteration is a very unique looking MV Agusta Brutale 800, which has a bevy of custom pieces on it that make it look like a café racer / scrambler type of machine.

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No, The MV Agusta RVS Isn’t a New Motorcycle

05/18/2017 @ 1:25 pm, by Jensen BeelerADD COMMENTS

I don’t know why I have to write this story, it seems so obvious to me, yet I have read about half a dozen publications this week spewing fake news about how MV Agusta is about to release a new scrambler model, based either off the Brutale or Dragster street bike. 

In case you missed it, MV Agusta released a terse video trailer the other day, touting something called “RVS” which stands for “Reparto Veicoli Speciali” in Italian.

In English of course, this means “Special Vehicles Department”…and thus to us it seems fairly obvious what the Italian brand is up to. Well, apparently we are somewhat alone in that regard. Le sigh.

The ending of this video does show what looks like a scrambler-type motorcycle, with a few obvious MV Agusta lines to its styling. And, this is apparently enough fuel to start a fire about a brand new model from the Varesini brand, at least if your mammalian ancestry is more closely linked to the noble lemming.

The thing is though, MV Agusta has given us all the pieces of information required in order to know that the iconic brand isn’t releasing a new motorcycle, and is instead up to much bigger things within its factory walls.

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One New MV Agusta Debuting in 2017, Two in 2018

03/13/2017 @ 2:08 pm, by Jensen Beeler24 COMMENTS

It has been a long road for MV Agusta, over the past few years. However, the Italian brand seems ready to finally move on from its financial troubles, once we see its debt restructured in the Italian courts, and the investment secured from Black Ocean.

MV Agusta latest issues, which concern cash flow difficulties, seem to be balancing out as well, though the effect on the company’s new model lineup has been noticeable, with a disappointing lack of new machines to show at the 2016 EICMA show.

As such for the 2017 edition of the trade show, we should have measured expectations, with Giovanni Castiglioni saying in an interview with MCN that only one new model will debut later this year, and only two new bikes will be shown in 2018.

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MV Agusta Relaunches in USA and Canada

01/10/2017 @ 12:59 pm, by Jensen Beeler17 COMMENTS

It didn’t take long for the news to become officially official, but MV Agusta USA and MV Agusta Canada have come under new ownership, as the Italian brand attempts to relaunch itself in the North American market.

Heading the new efforts is Urban Moto Group, headed by Joseph Elasmar, who imports MV Agusta, Benelli, EBR, Royal Enfield, and other brands into Australia.

According to the their agreement, both MV Agusta and Urban Moto will co-develop the North America territories, with the aim of capitalizing on the region’s large market for big displacement motorcycles.

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To call the last couple of years for MV Agusta turbulent would probably be understating the situation.

The company has struggled for financial stability ever since its re-acquisition by the Castiglioni family, and that struggle has recently come to a zenith with the firms debt restructuring and investment by the Anglo-Russian investment group Black Ocean.

With that comes some harsh realities, namely that MV Agusta will not be producing a new superbike any time soon, as the cost of the project exceeds the Italian manufacturer’s capabilities – so said MV Agusta CEO Giovanni Castiglioni while talking to Alan Cathcart for Australian Motorcycle News.

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From Russia with Love, MV Agusta Finds New Money

11/20/2016 @ 1:05 pm, by Jensen Beeler19 COMMENTS

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Last week, I was ready to start polishing the obituary for MV Agusta – the Italian company seemingly in an impossibly terminal state.

Italy’s Guardia di Finanza had found that the Italian company had been using the social security contributions of its workers to pay down the money owed to parts suppliers (something MV Agusta disputes is the case), and earlier this year MV Agusta CEO Giovanni Castiglioni was investigated for irregularities on his tax return.

All of this is on top of the ever precarious financial situation MV Agusta has been in for the past year, which has resulted in the company looking to restructure its €50 million debt in the Italian court system, furlough a good portion of its workforce, and reduce its production volume to roughly 9,000 units per year.

Now it seems MV Agusta’s fortunes are changing, with the Italian motorcycle maker signing an agreement with the Black Ocean investment group to recapitalize MV Agusta.

Details of the pending transaction haven’t been released, but we can assume that the increase in capital will help ease MV Agusta’s relationship with suppliers, get workers back on the assembly line, and continue the development of new models.

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Police Find MV Agusta Misused Social Security Funds

11/17/2016 @ 11:39 am, by Jensen Beeler19 COMMENTS

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More bad news comes from Italy, as MV Agusta has come under investigation by the Guardia di Finanza for allegedly misusing its employees’ INPS contributions (Italy’s national pension system, similar to the USA’s Social Security system), which may have gone to paying bills from suppliers, to the tune of €6.8 million.

To put this into context for our American readers, Italy’s Guardia di Finanza is law enforcement agency that handles financial crimes – its duties and powers are analogous to the intersection on a Venn diagram that is composed of our IRS, FTC, and US Customs bureaus.

Italian businesses are required to pay into the INPS pensions of their employees, and here the Guardia di Finanza has been investigating whether MV Agusta used those funds instead to pay its supplier invoices. MV Agusta CEO Giovanni Castiglioni denies the allegations, though has some financial issues of his own to contend with.

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MV Agusta Introduces Repayment Plan in Court

10/24/2016 @ 6:50 pm, by Jensen Beeler7 COMMENTS

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MV Agusta has unveiled in court its plan to get back to financial stability, after seeing cash flow issues reaching a zenith in March 2016.

The plan is exactly as it has been previously advertised by MV Agusta CEO Giovanni Castiglioni: MV Agusta will reduce its workforce, produce fewer machines, focus on high-margin models, and seek a freeze on its debts to creditors and suppliers.

Whether the Varesini court will accept this plan remains to be seen, it will also require some buy-in from MV Agusta’s creditor and suppliers, who are owed €50 million from MV Agusta.

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MV Agusta In Talks with New Investors

08/01/2016 @ 2:59 pm, by Jensen Beeler6 COMMENTS

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News out of Italy is that MV Agusta is courting not one, but three potential investors that would takeover Mercedes-AMG’s stake in the two-wheeled company.

As we have covered extensively already, MV Agusta is in quite the precarious financial position, with cash flow issues compounding the unhappy marriage between the Italian motorcycle-maker and the German automobile manufacturer.

MV Agusta would like to divest Mercedes from its business, but that comes with complications involving the immediate payback of debts, should Mercedes-AMG’s position in MV Agusta drops below 20%.

In order to make that divesture, MV Agusta would need not only an investor who would bring sizable amounts of cash to the table to keep MV Agusta’s business running, but one who can also cover the €15 million debt whose payment would be triggered by Mercedes-AMG’s business departure.

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