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BMW Sells Husqvarna to Pierer Industrie AG

The BMW Group has announced the sale of 110-year old Husqvarna Motorcycles to Austrian-based Pierer Industrie AG. “The BMW Group signed a purchase agreement with Pierer Industrie AG (Austria) for the acquisition of Husqvarna Motorcycles. The acquisition will proceed subject to approval by anti-trust authorities.

2016 Midual Type 1 Prototype Revealed

Most motorcycle enthusiasts are probably unfamiliar with the Midual brand. Originally formed in 1992 by entrepreneur Olivier Midy, Midual was an obscure French brand best known for introducing a 875cc roadster concept in 1999. What made the concept noteworthy was the company’s decision to use a transversely-mounted flat-twin engine.

BMW Reports Q2 2013 Results – 15.5% Increase Produces Record Quarter

BMW reported a record second quarter with sales of 40,209 motorcycles for the three months ended June 30, 2013. The quarter saw a year-on-year increase of 15.5% from sales of 34,816 motorcycles reported in 2012. For the year to date, BMW has sold 64,941 motorcycles, also a record for first half sales in the company’s 90 years in the motorcycle business (those numbers however do include 1,110 Husqvarna motorcycles sold in the first quarter before the brand was acquired by Pierer Industries.) The record half comes in the face of a worldwide decline of 7.1% for motorcycles 500cc and larger over the first six months.