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BREAKING NEWS: KTM SECURES INVESTOR BAJAJ WITH 600 MILLION EURO INVESTMENT

May 22, 2025 Michael Le Pard
KTM is proud to announce a major milestone: after months of dedicated effort and strategic planning, the KTM AG was able to expand its relationship with its long-standing partner Bajaj and secure them as a […]
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Honda reaches 500 million unit milestone in cumulative global motorcycle production

May 22, 2025 Michael Le Pard
First motorcycle model was produced in 1949 Activa follows Super Cub (100 millionth) and Gold Wing (300 millionth) as latest motorcycle produced to hit major milestone First motorcycle factory outside of Japan opened in Belgium […]
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Piaggio invests 112 million euro to expand production in Pontedera

Apr 15, 2024 Michael Le Pard
Automotive: Italian Enterprise Ministry approves development contract with the Piaggio Proup for its Pontedera factory 112 million euro program to boost green mobility Rome – Pontedera, 15 April 2024 – Italy’s Ministry for Enterprise and […]
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$10 Million in Contingency Support for 2024 Pro Motocross Championship

Feb 18, 2024 Michael Le Pard
MORGANTOWN, W.Va. (February 16, 2024) – MX Sports Pro Racing has announced the financial contribution that will be made available by competing manufacturers this summer during the 2024 Pro Motocross Championship, sanctioned by AMA Pro Racing. Collectively, GASGAS, Honda, Husqvarna, Kawasaki, KTM, Suzuki, […]
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Piaggio Group signs 200 million euro revolving line of credit

Nov 16, 2023 Michael Le Pard
Piaggio Group: 200 million euro revolving line of credit agreed with pool of banks Nov 15 2023 Pontedera, 15 November 2023 – Piaggio & C. S.p.A. (PIA.MI) has entered into an agreement with a pool […]
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Piaggio Group offering €250.0 million in aggregate principal amount of senior notes due 2030

Sep 25, 2023 Michael Le Pard
Milan, 25 September 2023 – Piaggio & C S.p.A. (the “Issuer”) hereby announces that it launched an offering (the “Offering”) of €250.0 million in aggregate principal amount of senior notes due 2030 (the “Notes”). The proceeds of […]
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$9 Million in Contingency Support for 2023 Pro Motocross Championship

May 13, 2023 Michael Le Pard
Competing Manufacturers Provide More Than $9 Million in Contingency Support for 2023 Pro Motocross Championship OEM Contributions Strengthen Historic Purse Structure for Inaugural SuperMotocross World Championship Season   MORGANTOWN, W.Va. (May 9, 2023) – MX […]
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Over $7 million contingency rewards for amateur and professional racers

Apr 5, 2023 Michael Le Pard
Husqvarna Motorcycles North America, Inc. is pleased to announce details for the 2023 Husqvarna Motorcycles Contingency Support Program on RaceHusky.com, offering over $7 million in possible rewards for amateur and professional racers across all major […]
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Race Purse Increased to Sport’s Richest – $10 Million

Aug 4, 2022 Michael Le Pard
MORGANTOWN, W.Va. & PALMETTO, Fla. (August 2, 2022) – MX Sports Pro Racing and Feld Motor Sports, Inc., today jointly announced a partnership that will see the formation of the SuperMotocross World Championship. Under this […]
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BMW 2022 HALF-YEAR REPORT: $864 million in motorcycles

Aug 3, 2022 Michael Le Pard
  https://www.press.bmwgroup.com/global/article/detail/T0402719EN/bmw-group-half-year-report-to-30-june-2022   BMW Group occupies top position in premium segment – sales of electric vehicles rising rapidly The unabated electrification of the BMW Group’s product portfolio remains a key success factor for sales growth. […]
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200 million euro Piaggio Group cash agreement

Jun 20, 2022 Michael Le Pard
Piaggio Group: agreement with banks to extend and increase revolving line of credit to 200 million euro Jun 20 2022 08:55 Pontedera, 20 June 2022 – Piaggio & C. S.p.A. (PIA.MI) has entered into an agreement […]
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Piaggio Delivers 31 million euros of Scooters to 1 Customer

Aug 7, 2020 Michael Le Pard
Milan, 07 August 2020 – The Piaggio Group (PIA.MI) has been awarded the tender put out in the EU by Poste Italiane S.p.A. (PST.MI) for the supply of 5,000 three-wheel thermal scooters to be used in postal delivery services. The contract is worth […]
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The Piaggio Group Signs 60 million Euro Loan

Jul 2, 2020 Michael Le Pard
The new line of credit will fund investments in research, development and innovation, and further strengthen the Group’s financial structure Milan, 02 July 2020 – The Piaggio Group (PIA.MI) has signed a 60 million euro […]
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Honda’s $1 million Dollar Pledge to food banks and meal programs across North America

Mar 31, 2020 Michael Le Pard
Honda commits to help people’s basic community needs by supporting healthcare, nutrition, relief for our customers, and inspiration to all. Honda will engage and empower its associates to help their communities through “virtual volunteering” and […]
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American Flat Track Contingency Postings Near $2 Million – and Still Growing

Dec 19, 2017 Michael Le Pard
DAYTONA BEACH, Fla. (Dec. 19, 2017) – On the heels of record-breaking contingency postings from Harley-Davidson and Indian Motorcycle (two of the biggest in flat track history), American Flat Track is nearing the $2 million […]

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