Results 1 to 14 of 14

Thread: Bankruptcy!

  1. #1
    apriliaforum newb
    Join Date
    Mar 2016
    Location
    North Georgia USA
    Posts
    9

    Bankruptcy!

    I don't own an MV Agusta but was very sorry to read this today:

    http://www.cycleworld.com/2016/03/23...torcycle-news/

  2. #2
    apriliaforum expert drvacation's Avatar
    Join Date
    Aug 2013
    Location
    las vegas
    Posts
    1,667
    amg will end up taking over, which will be good for the brand

  3. #3
    apriliaforum expert PumpinIron's Avatar
    Join Date
    Jan 2011
    Location
    Salem, Oregon
    Posts
    3,983
    Hopefully AMG does take over and gets this company on track.
    2013 Aprilia RSV4 Factory SE
    _______________________________________________

    Aprilia RSV4 & Tuono V4 Owners Facebook Group
    Digital Sky Design (My Web Design Company)
    My Facebook Profile

  4. #4
    apriliaforum expert
    Join Date
    Feb 2005
    Location
    US
    Posts
    9,209
    Uh-oh.
    I think this is a crime in the US, not sure about Italy.
    http://www.asphaltandrubber.com/news...y-fund-misuse/

  5. #5
    apriliaforum Junkie Red,'s Avatar
    Join Date
    May 2011
    Location
    Fun City, West Coast, U. S. of A.
    Posts
    429
    Quote Originally Posted by PumpinIron View Post

    Hopefully AMG does take over and gets this company on track.
    http://www.westcoastsportbikes.org/i...hp?topic=817.0

    Thought Polaris Industries ~^~ had their eye on M V Augusta . . .

    Name:  21984981058_7366132a6a_z_large.jpg
Views: 633
Size:  56.8 KB
    1999 Prostar West Super Gas Champion !
    2000 NMRA / Prostar Pro E/T runner up.
    2001, 2002, & 2003 NMRA Pro E/T Champion !
    2004 #3, 2005, & 2006 NMRA Pro E/T runner up.
    2007 St. Legal #6, NMRA Pro E/T Champion !
    2008 MDRA Super Streetbike Champion !

  6. #6
    apriliaforum prov-nov
    Join Date
    Jan 2017
    Location
    Tampa, FL
    Posts
    48
    Such beautiful bikes I hope AMG or Polaris keeps the brand alive!

  7. #7
    apriliaforum expert
    Join Date
    Feb 2005
    Location
    US
    Posts
    9,209
    Apparently they finally secured the funding from the Russian investors and re-purchase the 25% stake that AMG has owned.
    https://www.asphaltandrubber.com/new...comsar-invest/

  8. #8
    apriliaforum expert JAndrewG's Avatar
    Join Date
    Nov 2008
    Location
    Silverdale WA
    Posts
    2,189
    ^^^ Good news. Here's hoping that MV refocuses and thrives. It sure seemed to me that they got carried away with all the 675 and 800cc variations of bikes.

    John
    2008 RSV 1000 R, platinum/charcoal/red
    Akrapovic full system, NERA top triple clamp, Aprilia accessory rear sets, AF1 Ti bolt kit, etc. etc...


    2008 Moto Guzzi 1200 Sport, black... and stock for now

    2007 Ducati GT 1000, red
    Showa forks, Sachs shocks, Termignoni kit, lots more

  9. #9
    Honest always, feared often Micah / AF1 Racing's Avatar
    Join Date
    Jun 2003
    Location
    37 miles E. of ATX, TX USA.
    Posts
    27,267
    It was my understanding Black Ocean Group was the buyer unless they have already flipped the sale?
    Diminished expectations is the key to happiness in life.

    Micah Shoemaker
    AF1 Racing
    9900 IH35N
    Austin, TX 78753
    micah@af1racing.com
    @ShoemakerMicah
    @AF1Racingaustin

  10. #10
    apriliaforum expert haga lout's Avatar
    Join Date
    Jun 2009
    Location
    oldham uk and soon gibraltar
    Posts
    4,925
    Quote Originally Posted by Micah / AF1 Racing View Post
    It was my understanding Black Ocean Group was the buyer unless they have already flipped the sale?
    Mate owns a mv dealers and the things he tells me is painful . He gets bills for parts and they owe him for warranty work and it's two departments they take on new staff you need to talk to and give them holiday leave without cover its just like going back in time when aprilia and Ducati was the same

  11. #11
    apriliaforum Junkie
    Join Date
    Aug 2015
    Location
    Christchurch, New Zealand
    Posts
    486
    Quote Originally Posted by haga lout View Post
    Mate owns a mv dealers and the things he tells me is painful . He gets bills for parts and they owe him for warranty work and it's two departments they take on new staff you need to talk to and give them holiday leave without cover its just like going back in time when aprilia and Ducati was the same
    Yes, similar here. Warranty claims, parts etc, get nowhere. Pity, as someone else said, beautiful bikes.

  12. #12
    apriliaforum expert haga lout's Avatar
    Join Date
    Jun 2009
    Location
    oldham uk and soon gibraltar
    Posts
    4,925
    Quote Originally Posted by Cosmik de Bris View Post
    Yes, similar here. Warranty claims, parts etc, get nowhere. Pity, as someone else said, beautiful bikes.
    The 600/800 models have problems I've lost count of sprag clutches I've changed

  13. #13
    apriliaforum expert Hellgate's Avatar
    Join Date
    Mar 2009
    Location
    AUSTX
    Posts
    8,193
    Quote Originally Posted by sburns2421 View Post
    Apparently they finally secured the funding from the Russian investors and re-purchase the 25% stake that AMG has owned.
    https://www.asphaltandrubber.com/new...comsar-invest/
    What could possibly go wrong?

    Sent from my SAMSUNG-SM-G900A using Tapatalk
    Pete

  14. #14
    apriliaforum Junkie buckwheat's Avatar
    Join Date
    Jun 2010
    Location
    Kennewick, WA
    Posts
    273
    I'm guessing that AMG was glad to dis-associate themselves from that gig.

Similar Threads

  1. Bankruptcy
    By jam007 in forum RSV Tuono, Tuono R, Tuono Racing, and Tuono Factory (2002-2005)
    Replies: 6
    Last Post: 05-06-2004, 03:13 PM
  2. Got spares? Aprilia & bankruptcy!
    By apriliabigbore in forum RS250
    Replies: 6
    Last Post: 05-03-2004, 03:51 AM
  3. Aprilia Motorcycles Facing Bankruptcy, Production Halted
    By Redwhite&blue in forum RSV Tuono, Tuono R, Tuono Racing, and Tuono Factory (2002-2005)
    Replies: 0
    Last Post: 05-01-2004, 07:08 AM
  4. Re: Bankruptcy
    By HixX in forum RSVR and RSVR Factory (2004-2009)
    Replies: 0
    Last Post: 04-28-2004, 03:07 PM
  5. Got Spares? Aprilia and possible Bankruptcy!
    By apriliabigbore in forum Scarabeo 50 Ditech, SR 50 Ditech, SR Factory
    Replies: 1
    Last Post: 04-28-2004, 04:34 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •