MV Agusta reports growth, quashes buyout rumour


It seems the European manufacturers are having no trouble selling motorcycles.

Earlier this week, we heard about BMW’s record-setting sales this year, and MV Agusta has announced that they’ve had a pretty good first quarter themselves, with sales up 22 per cent from 2013’s Q1. That follows close to last year’s trend, where the company saw annual sales up 20 per cent.

Along with sharing news of their sales growth, MV Agusta made it a point to suppress rumours of a buyout by Fiat, similar to Ducati’s 2012 buyout by Audi.

“I’d like to take this opportunity to deny rumors circulated by the media over the last few days concerning supposed negotiations vis-à-vis the sale of a share of MV Agusta to the Fiat-Chrysler Group. No such negotiations are taking place, nor have they ever done so,” said company president Giovanni Castiglioni.

“My goal is to ensure MV Agusta maintains significant levels of growth while remaining a family business that draws on the incredible passion my father passed on to me and my collaborators; it is a passion that still inspires us to design and build genuine two-wheeled gems.”

Join the conversation!