MV Agusta announces partnership with Loncin Motor Co (China) for 350 - 500cc motorcycles Italian Superbike manufacturer MV Agusta Motor and the Chinese motorcycle maker Loncin Motor Co. Ltd, have entered a long term strategic partnership agreement that has, as a base, the development of an all new family of MV Agusta products in the 350-500cc displacement.
The vehicles, completely designed by MV Agusta to occupy the premium segment of this high growth market, will be industrialized together with Loncin. The company objective is to expand access of the MV Agusta brand and driving incremental sales – both of the new, smaller displacement motorcycles and of the current MV Agusta product range of 675, 800 and 1000cc.
The President of Loncin, Mr. Yong Gao, announced:
Quote:
“The conclusion of the strategic agreement is conducive to Loncin’s and MV Agusta's joint response to the changes in global market demand and to the coordinated development of both sides. Loncin will use advanced manufacturing resources and Chinese market knowledge to help MV Agusta expand its product line and enhance product competitiveness. MV Agusta’s technology and advanced design experience of high performance motorcycles will support Loncin’s "VOGE" brand in becoming the market leader of premium motorcycles in China. I am looking forward to our strategic cooperation based on the principles of mutual benefit and success.”
|
Timur Sardarov, CEO of MV Agusta Motor, said:
Quote:
“This strategic alliance is an important step to consolidate our vision for the future of MV Agusta. Our target is to reaffirm our leadership in the production of upper-premium motorcycles, while also enlarging our customer base by offering a broader range of products without compromising our distinctive design and performance. We are looking forward to grow with the right partners and the right products, making sure that our clients enjoy the larger choice of models, all of which share the same DNA and MV Agusta pedigree.”
|
These MV Agusta smaller and more accessible motorcycles will be available for sale in MV Agusta dealerships by the end of 2021.
Read the full press release here.
Last edited by CrAzY dRiVeR : 26th July 2019 at 17:17.
|