Ducati Sporting Club UK
Idle Chat
Still needs to be clean and of value to the club.
 
 
Thread Tools Display Modes
  #1  
Old 15-Oct-2009, 17:29
blueduke's Avatar
blueduke blueduke is offline
Registered Forum User
Mille
 
Posts: 109
Join Date: Sep 2001
Mood: Monster Mania?
Unhappy Buell Gone! MV for sale!

Harley Davidson’s earnings just came in and third-quarter net income dropped 84%.

The company plans to discontinue its Buell product line and sell its MV Agusta unit, essentially exiting the sport bike market.

“The fact is we must focus both our effort and our investment on the Harley-Davidson brand, as we believe this provides an optimal path to sustained, meaningful long-term growth,” CEO Keith Wandell said in the release.

Buell motorcycles will be discontinued, resulting in the loss of 180 jobs over time and MV Agusta will be sold. The troubles are substantial and the work necessary to rebuild is enormous.

Oh Dear! Oh Dear!
Quote+Reply
  #2  
Old 15-Oct-2009, 17:32
skidlids's Avatar
DSC Region Organiser skidlids skidlids is offline
MotoGP God
 
Posts: 18,274
Join Date: Apr 2002
Mood: Its ONLY a Bike Club
84% drop -WOW !!! thats got to hurt


Checkout the Desmo Due Paddock on Facebook
Quote+Reply
  #3  
Old 15-Oct-2009, 18:42
Monty's Avatar
DSC Member Monty Monty is offline
DSC Club Member
Ducati in my Blood
Bikes: 1100S Multistrada, 450RT, Gilera Nordwest, Bultaco Frontera, Rickman Metisse-being built!
 
Posts: 4,255
Join Date: Jun 2001
Mood: Growing old-DISGRACEFULLY!
Quote:
Originally Posted by blueduke
Harley Davidson’s earnings just came in and third-quarter net income dropped 84%.

The company plans to discontinue its Buell product line and sell its MV Agusta unit, essentially exiting the sport bike market.

“The fact is we must focus both our effort and our investment on the Harley-Davidson brand, as we believe this provides an optimal path to sustained, meaningful long-term growth,” CEO Keith Wandell said in the release.

Buell motorcycles will be discontinued, resulting in the loss of 180 jobs over time and MV Agusta will be sold. The troubles are substantial and the work necessary to rebuild is enormous.

Oh Dear! Oh Dear!

That's got to be bad for MV-HD have only just acquired them..........so is that MV finally down the tubes then??

John


Growing old-disgracefully!
Quote+Reply
  #4  
Old 15-Oct-2009, 19:19
Chef's Avatar
Chef Chef is offline
Registered Forum User
Big Twin
Bikes: 998S Chili trackbike,749R (corse kit), 748SPS
 
Posts: 1,223
Join Date: Jun 2001
Mood: Flange - it's a state of mind....
Would explain Tamborini leaving.......

The MV was his proudest achievement.......

84%......that sounds almost terminal for HD

Anyone fancy a cheap fatboy (only in Brighton....)
Quote+Reply
  #5  
Old 16-Oct-2009, 11:22
Monty's Avatar
DSC Member Monty Monty is offline
DSC Club Member
Ducati in my Blood
Bikes: 1100S Multistrada, 450RT, Gilera Nordwest, Bultaco Frontera, Rickman Metisse-being built!
 
Posts: 4,255
Join Date: Jun 2001
Mood: Growing old-DISGRACEFULLY!
Quote:
Originally Posted by skidlids
84% drop -WOW !!! thats got to hurt

You've got to believe it hurts-watch Eric Buel announce the closure-the poor guy is almost in tears.

http://www.buell.com/en_us/

John


Growing old-disgracefully!
Quote+Reply
  #6  
Old 16-Oct-2009, 19:28
lapman lapman is offline
Registered Forum User
Bevel Head
 
Posts: 87
Join Date: Apr 2002
Mood: Duc'd up now
Quote:
Originally Posted by Monty
You've got to believe it hurts-watch Eric Buel announce the closure-the poor guy is almost in tears.

http://www.buell.com/en_us/

John


I was nearli in tears watching and listening to the man.
Tragic

lapman
Quote+Reply
  #7  
Old 17-Oct-2009, 01:19
sparkin's Avatar
sparkin sparkin is offline
Registered Forum User
Big Twin
 
Posts: 1,734
Join Date: Jun 2003
Mood: This is a carbon free zone!
Mines not gone,still in the garage was tough watching Erik have to wait and see what happens next, as far as I`m aware no MVs were sold in the UK thru HD dealers.

Suddenly I`m riding a classic
Quote+Reply
  
Thread Tools
Display Modes
Postbit Selector
Switch to Vertical postbit Use Vertical Postbit

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Recent Posts - Contact Us - DSC Home - Archive - Top
Powered by vBulletin 3.5.4 - Copyright © 2000 - 2024, Jelsoft Enterprises Ltd. - © Ducati Sporting Club UK - All times are GMT +1. The time now is 10:21.