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MV Agusta has raised an additional €40 million in funding, the Italian firm reports, bringing its total in fundraising to €50 million over the last 12 months, as the company moves past its previous financial troubles.

With the capital increase comes a change in the leadership structure at MV Agusta, with Giovanni Castiglioni continuing as the company’s President, while investor Timur Sardarov takes on the role of the company’s new CEO and Chairman of the Board.

This arrangement should mean that Castiglioni will focus on the day-to-day business of MV Agusta and its product lineup, while  Sardarov will mind the company’s financial future and big-picture strategy, including the company’s new business plan.

Another sales quarter, and another report of dwindling sales from Harley-Davidson. The details of the news are the same as well, as sales in the United States continue to disappear, while sales abroad improve modestly.

As such, Harley-Davidson is reporting a 13.3% sales drop on motorcycle retail sales in the United States (36,220 units), with international sales up 2.6% (23,006 units), both compared to Q3 2017. This means that Harley-Davidson’s total sales are down 7.8% for Q3 2018, with 59,226 units sold.

Comparatively, the relative market for Harley-Davidson (bikes 601cc or more in displacement) were down in sales for Q3 2018, to the tune of 9.8% – though we should note that the Bar & Shield brand accounts for roughly half of this relevant market.

Bad news from San Francisco today, as we learn that Alta Motors has ceased business operations, effective immediately, sending the company’s staff home as the electric motorcycle manufacturer looks for future funding.

Talking to an anonymous source, Asphalt & Rubber has been told that Alta Motors is in the midst of a strategic wind down, as it looks for an outside acquisition or investment.

Today, I am going to share with you a look behind the curtain – a look at several sides of the motorcycle industry that you don’t usually get to see. Our story concerns the Indian FTR1200 street tracker motorcycle, which just debuted in Cologne, Germany at the INTERMOT show…but really, this story started three months ago, back in the United States.

It starts with a leaked photo of the Indian FTR1200, taken from a production event in Los Angeles, which was then sent to Asphalt & Rubber by a loyal reader. This turned into A&R finding its way to Minnesota to ride a prototype of the FTR1200, and us being amongst the first to ride this highly anticipated motorcycle.

An exclusive media event, Indian’s plan was to have the largest publication from each critical market present, to give an early evaluation of this ground-breaking machine for the American brand.

While there were sole-representatives from the UK, Italy, Germany, Australia, Asia, etc – because of our efforts, from the United States there would now be two publications. Sorry for partying.

I have no doubt that the coverage from these other publications will read like initial reviews, part critique and part marketing pieces for the Indian Motorcycle Company. That’s not a slight to my colleagues, that is just the reality of the situation. How do you evaluate a prototype motorcycle?

“I have no idea what they are talking about,” I told an Indian staff member, while our post-ride video reviews/debriefs were being filmed. We had just ridden for a half a day on a motorcycle that we knew nothing about, and now we were expected to stand in front of a camera, and espouse our impressions of it.

Because of the looming weather, our tech briefing was after the ride, which is a frustrating thing when it comes to evaluating a motorcycle. As such, our impressions would be limited and relative. The power felt “good”…the brakes were “ok”…this exhaust looks like the work of a drunk plumber.

With no specs, no prices, no production volumes, no set list of features…what were these journalists talking about in their videos? I still don’t know.At $9,000, the FTR1200 could be one of the best motorcycles on the market, but at $20,000 Indian would have clearly missed the mark.

I’m still not sure how I feel about the $13,000 / $15,000 price points for the base and S models, respectively. It feels high…but we will get to that in a minute.

We have already published about the sizable sales trouble that Yamaha is encountering in the United States, seeing its last 12 months of sales drop 19% compared to the 12 months prior.

We have also talked about Yamaha’s plans to move its headquarters from California to Georgia, taking the brand away from the epicenter of the motorcycle industry, and off to cheaper waters for operations.

Today, we continue our news about Yamaha Motor USA, talking about the company’s role in American road racing, as Yamaha is set to shake up its involvement in the MotoAmerica Championship.

On Wednesday, we told you about Yamaha’s struggling sales in the US market for its large displacement machines, with several bikes from several categories showing lackluster results over the last 12 months. We told this story first, because it frames a series of future stories about Yamaha Motor USA, and today is a continuation of that narrative.

As such, Asphalt & Rubber has learned that Yamaha plans to move its corporate headquarters out of Cypress, California – the epicenter of the motorcycle industry – and relocate to the other side of the country, setting up shop just outside of Atlanta, Georgia. The primary driver for this move? Costs.

Things are not well at Yamaha Motor USA, and over the coming days you are going to read a number of reports from us about Yamaha and its US operations.

Before we dive into the multitude of issues that the Tuning Fork brand faces here in the United States though, we wanted to first talk about Yamaha’s crashing sales, because that best frames the company’s entire situation, and is the basis for the other stories that concern the brand.

Now halfway through 2018, Yamaha sales big bike sales (500cc and up) are down a staggering 19% for the last 12 consecutive months, compared to the same previous 12 months before that.

To put that figure into perspective, the big bike market in the USA is down roughly 8% over the same time period, though that figure is due mostly to Harley-Davidson, which accounts for half of the American bike bike market.

When we broke the news that Harley-Davidson and Alta Motors were parting ways, we teased the idea that the Bar & Shield brand might go it alone with its electric future.  Since that breakup, there have been murmurings that Harley-Davidson was going to build its own EV design and research center, right in the heart of Silicon Valley, and today those rumors became true.

Announcing the plans during the company’s 115th birthday celebration, Harley-Davidson CEO Matt Levatich described the plan as an extension of Harley-Davidson’s commitment to make electric vehicles, and the move is an obvious grab at some of the top electric vehicle talent that resides in Northern California.

It is with great regret that we inform you today that Motus Motorcycles is ceasing business operations, as the American motorcycle startup has reached the end of its financial backing from investors.

The news was sent to Motus owners via email on Friday, August 31st, and confirmed to us later that day by Motus co-founder and designer Brian Case via text message. We imagine that a more formal announcement will be coming forth after the Labor Day holiday weekend, so at the moment, details are light.

What we do know is that the news comes as a surprise, as Motus has been busy with dealer events around the country. Also, the startup was getting ready to launch its second model as well, later this year, which was a streetfighter based off the Motus MST sport-touring bike.

It was just six months ago that we broke the news about Harley-Davidson investing in electric motorcycle maker Alta Motors, and now in that short timeframe that story has seemingly made a 180° turn.

Our sources tell us that Harley-Davidson has all but removed itself from its joint motorcycle project with Alta, and backed out of its involvement in the San Francisco startup.

For Alta, this means losing the backing of a strategic investor, as well as the resources that Harley-Davidson wields in the motorcycle industry when it comes to purchasing power and vehicle development.

For the Bar & Shield brand, this raises interesting questions about Harley-Davidson’s electric roadmap, which the company revealed just one month ago – not so subtly with a concept sketch that clearly showed the use of an Alta Motors battery pack.

Is Ducati thinking about making a 300cc sport bike? Is it going to do so in India? With Hero MotoCorp? That is the talk of the motorcycle industry today, though this isn’t the first time that this idea has been floated in the two-wheeled rumor mill.

The reason this rumor keeps coming around is that Ducati seems to be one of the last motorcycle brands really to adopt the small-displacement motorcycle strategy.

Motorcycle manufacturers are continuously investing in motorcycle models that would sell well with entry-level riders or in developing nations. This has lead to a boom in motorcycles that that are under 400cc – most of which are produced in Asia, though also sold in the western markets.

Despite Ducati’s continued commitment to staying out of the 300cc displacement category (it does have the 400cc Scrambler Sixty2 though), rumors continue to speculate on this future for the Italian brand, this time with Hero MotoCorp in the picture.