MV Agusta announced a change in its executive as the company considers going public with an initial public offering. The Italian manufacturer introduced Giorgio Girelli as its new executive vice president. Girelli’s appointment comes a day after CycleWorld reports MV Agusta has opted not to renew the contract of Chief Executive Officer Massimo Bordi. Bordi […]
MV Agusta Explains Loss of California License
Earlier this month, the Occupational Licensing division of the California Department of Motor Vehicles caused a bit of a kerfuffle in the motorcycle world when the agency’s monthly newsletter announced that MV Agusta had lost its license to sell motorcycles in the state of California. This is not the sort of announcement you’d expect about a well-known, premium brand of motorcycle.
The ruling essentially forbids any of MV’s dealers from selling any new motorcycles. They can sell used ones, but the 2014 model year is strictly off-limits, for now. Since we are entering the meat of the riding season, we reached out to MV Agusta for a response. What we learned is that the company mistakenly left out some of the forms required to renew its license. According to Rob Keith, Managing Director for MV Agusta USA, the trouble is “a paperwork issue we are resolving as we speak. Nothing sinister or having anything to do with our bikes. Strictly paperwork.”
With that good news, our next concern was, obviously, how long will it take for the restriction to be lifted, given the glacial pace at which government offices can work. The estimate is that it may only take couple of weeks to resolve.
So, California MV Agusta fans who are planning on purchasing a shiny, new Italian dream machine will just have to dream a little longer. We’ll update you as we learn more.
[Source: MV Agusta]