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BMW Bounces Back with Record August Sales

When BMW released its second quarter report last month, the company reported a 4.2% decrease in BMW and Husqvarna motorcycle sales due mainly to a struggling European economy. The economic woes persist but BMW appears to be recovering, reporting a new sales record for the month of August. BMW reports sales of 7,400 motorcycles and scooters in August 2012, a company record for the month and an 11.3% increase from the 6,646 units sold in August 2011 and 14.7% more than the 6,405 units sold in August 2010.

MV Agusta Chairman Hubert Trunkenpolz Interview – Part One

Back in the Black Photos by Fabio Polimeni In November 2022 Italian trophy brand MV Agusta, wholly owned since 2019 by Russian entrepreneur Timur Sardarov and his family, and Pierer Mobility AG – KTM’s parent company – reached an agreement on ‘future strategic cooperation’, as a result of which the Austrian firm headed by Stefan Pierer would acquire a 25.10% stake in MV Agusta via its KTM AG subsidiary. At the first meeting of the newly constituted MV Agusta board on November 15, a capital increase of €30 million was agreed, denoting the sum KTM had paid to acquire its new minority shareholding in the company. As part of this strategic alliance KTM took charge of purchasing all components needed to manufacture MV Agusta’s entire range of models, as well as responsibility for marketing, distribution and after-sales service for MV Agusta on a global basis outside Italy.

BMW Reports 2012 Sales Results

BMW released its year-end 2012 financial report, reporting revenues of 1.49 billion euros (US$1.93 billion) from its motorcycle business in 2012, up from 1.44 billion euros in 2011. The increased revenues came in a record year for BMW with the company selling an all-time record of 106,358 motorcycles in 2012. Despite the increase in sales revenue, BMW reported a much smaller profit from its motorcycle business, earning 9 million euros (US$11.6 million) in 2012, compared to 45 million euros in 2011.