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.

Ducati Going Electric by 2030?

10/20/2017 @ 12:11 pm, by Jensen BeelerADD COMMENTS

A bit of news that has gone under the radar: at the Frankfurt Auto Show, Volkswagen Group Chairman Matthias Muller dropped a bombshell, saying that the German company’s house of brands would all have a fully electrified lineup of vehicles by 2030 – at the latest.

The initiative is called Roadmap E, and while Volkswagen is focusing mostly on it automotive holdings, the Germans have made obvious signs that they are including their Italian motorcycle company, Ducati, in this push to go electric.

The most obvious indication comes from the company’s press statement. In it, the Volkswagen Group says that by 2030 “there will be at least one electrified version of each of the 300 or so Group models across all brands and markets.”

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Ducati Will Stay as a Part of Volkswagen

10/02/2017 @ 5:57 pm, by Jensen BeelerADD COMMENTS

Reports out of Italy are confirming the news that Ducati will remain as a part of the Volkswagen Group, with the German company ceasing its pursuits of divesting the Italian motorcycle company from its ranks.

This shouldn’t come as a surprise to anyone following Ducati’s business situation, as reports of the divestiture stalling out were circulating this time last month.

The news seems to come with a bonus, with Ducati CEO Claudio Domenicali reportedly confirming the news internally (other reports quote Audi CEO Rupert Stadler doing the same as well).

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Ducati Divestiture Seemingly Stalls Out

09/06/2017 @ 10:51 am, by Jensen BeelerADD COMMENTS

For the past few months, talk of Ducati’s divestiture from the Volkswagen Group has grabbed the attention from news outlets and Ducatisti alike, as the future of the Italian motorcycle company seemed uncertain.

Internally, a power struggle was a play, with Audi keen to unload Ducati from its books, but lacking the support from upper management in the Volkswagen Group.

Talks reportedly hit the skids once it was realized that the Volkswagen labor unions, which control half of the seats on the Volkswagen Group management board, weren’t onboard with divesting Ducati from the holding group.

This is probably information that investors would have liked to know, before they spent the time and resources putting together purchase proposals for Audi’s consideration.

Now, with no change in the position of VW’s labor unions, and with the possibility of an internal consensus seemingly out of sight, it seems talk of Ducati’s divestiture have stalled, with little chance of them resuming this year.

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Volkswagen Lacks the Votes to Sell Ducati

07/31/2017 @ 3:32 pm, by Jensen BeelerADD COMMENTS

The hits keep on coming, in terms of Volkswagen’s plans (or non-plans) to sell its Italian motorcycle manufacturer, Ducati Motor Holding.

According to the latest report from Reuters, the votes are lacking on supervisory board for Volkswagen, when it comes to selling Ducati and transmission-maker Renk.

The lack of votes at the Volkswagen board isn’t a new problem, of course, with the German company’s labor unions accounting for half of the board seats, and reportedly very unenthusiastic about selling either brand.

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Reuters continues to dish on Ducati’s possible divestiture from the Volkswagen Group, with news that several bids have been placed on the Italian motorcycle brand. Reuters says that amongst the bidders are several key brands like, Polaris, Bajaj, and Royal Enfield’s owners Eicher Motors.

Noticeably absent from the list of potential buyers however was the much talked-about Harley-Davidson, a name that the same Reuters reporters first offered as Ducati’s potential future owner.

Now Reuters offers us another name as the likely front-runner, pointing to Italy’s Benetton family (as in, the United Colors of Benetton), which has reportedly submitted a bid of $1.2 billion, through its investment arm Edizione Holding.

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Audi Says “Ducati is NOT FOR SALE”

06/16/2016 @ 3:00 pm, by Jensen Beeler11 COMMENTS

Ducati-Multistrada-1200-Enduro-action-09

After much buzz and fanfare regarding the future of Volkswagen, which in-turn called into question the future of Ducati, today we finally get a glimpse into how VW is going to soldier forth from the fallout of its “Dieselgate” scandal.

Instead of announcing how the company was going to restructure itself, and review its current business holdings and ventures, as was reportedly widely in financial circles, instead today saw Volkswagen strongly staking its future in electric and autonomous cars.

As the Wall Street Journal reported, this announcement failed to impress analysts investors; but for Ducatisti, some good news does emerge, as Ducati certainly won’t be leaving its home in the Volkswagen Group.

To drive that point further, a Ducati representative confirmed and conveyed to Asphalt & Rubber the words of Audi Chairman Rupert Stadler, who said emphatically that “Ducati is NOT FOR SALE” which is as straight and to the point as you can get.

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More Talk of Volkswagen Unloading Ducati

06/15/2016 @ 7:13 pm, by Jensen Beeler8 COMMENTS

ducati-panigale-money

It seems to come in waves, every time the news cycle picks up Volkswagen’s plight in dealing with “Dieselgate” that talk then shifts to the German powerhouse unloading its smaller holdings, one of which being Ducati Motor Holding.

This latest go-around comes courtesy of Bloomberg, which has Volkswagen CEO Matthias Mueller saying that the automaker’s current portfolio of companies and its overall corporate plan will be re-evaluated over the coming weeks and months.

Tomorrow (Thursday), Volkswagen is slated to make public what this new business plan looks like, but sources say that VW will put all its assets under review, which includes Ducati.

Could this lead to Ducati being divested from Volkswagen’s holdings? The answer is of course murky, but we would be very surprised by the news.

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Audi Bought 100% of Ducati’s Stock

04/19/2012 @ 2:48 pm, by Jensen Beeler19 COMMENTS

With the Volkswagen Group’s Board of Directors meeting done, ahead of the company’s shareholder meeting which is also now complete, details of Audi’s acquisition of Ducati are starting to emerge.

Paying €860 million ($1.1 billion) for the Italian motorcycle company, perhaps the biggest shocker to come from Audi’s acquisition is not the price, but the unconfirmed reports that Audi AG has bought 100% of the Ducati’s stock, meaning Borgo Panigale will now come under complete German control.

This news means that Audi not only bought out the 70% ownership of Investindustrial, but also the 30% remainder that was held by private equity fund BS, the Hospitals of Ontario Pension Plan, and other minority shareholders.

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As expected from yesterday’s news, Audi’s Board of Directors has approved the German car company’s acquisition of Ducati Motor Holding. While the grumblings from Ducati owners have already emerged over the news breaking yesterday, in reality the move is a boon for Ducati, which will receive access to an almost limitless bank account, global business expertise, and advanced manufacturing techniques.

Selling 42,000 motorcycles last year, Ducati has typically struggled to sell more than 30,000 units annually, a figure which is highly regarded as the Italian company’s break-even point. Historically selling under that amount, Ducati has racked up considerable debt from its operation, hence why nearly a quarter of the company’s purchase price is going to its outstanding financial liabilities.

For Ducati owners and Ducati fans around the world, the acquisition by Audi and the Volkswagen Group should be met with more resounding praise, as it means an increased layer of stability has been added to the Italian brand. While the hyperbole has been flowing online, we imagine that the first motorcycles sales success to come from the company post-acquisition will silence any resistance to the company’s new German ownership.

As irrelevant as that metric actually is in business terms, the reality is that Audi’s influence over Ducati will take several years to be fully realized, as it takes a considerable amount of time for new products to come to market, and business plans to be implemented. Press releases from both Investindustrial and Audi are after the jump.

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Audi Buys Ducati for $1.1 Billion

04/17/2012 @ 10:14 am, by Jensen Beeler14 COMMENTS

UPDATE: Audi’s Board of Directors has announced its approval of the acquisition of Ducati.

According to reports, Audi has finished its acquisition of Ducati Motor Holdings, to the tune of €860 million ($1.128 billion), and will announce the purchase tomorrow at is annual shareholders meeting. The deal reportedly sees Audi, through its parent company the Volkswagen Group, acquiring Ducati for roughly seven times what it earned in revenue last year, but Audi is also assuming all of Ducati’s debt, which has been rumored as high as €200 million, making the revenue multiple significantly smaller.

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