Harley/Buell latest - MV to be sold!

In another astonishing development, it has emerged that Harley-Davidson is to sell Italian brand MV Agusta with immediate effect.

The news follows the shock announcement of the closure of Buell – also owned by Harley-Davidson – and confirms the crisis that has enveloped the historic American marque.

Harley has also just announced a further worldwide drop in sales of 21 per cent and an 84 per cent decline in income compared to a year ago.

For our full report and analysis see MCN on Wednesday.