MV Agusta

Everyone in Powersports Left Vegas a Winner

Retrieved on: 
Thursday, February 29, 2024
Turn, Motorcycle, Spirit, Yamaha, Supervillain, ADV, MIC, Piaggio, OEM, Agusta, Education, Triumph, ABS, Vespa, NIU, Original equipment manufacturer, Suzuki, MV Agusta, Motorcycle Industry Council, Attention, Hayabusa, Industry Party, S&P Global, Kawasaki, Moto Guzzi, Family, Moto Guzzi Stelvio, KTM, SMT, Husqvarna, Entertainment

"We're seeing all-time interest in dealer participation since our strategic decision to focus on the industry and go trade-only with the show.

Key Points: 
  • "We're seeing all-time interest in dealer participation since our strategic decision to focus on the industry and go trade-only with the show.
  • And this year, we put on our best show yet — a direct result of the hard work, dedication, and tenacity of our team."
  • "On just the first day alone, we connected media with more than 10 OEMs launching new products.
  • Several electric-bike manufacturers also presented on the New Product Central stage, including Arctic Leopard USA, Denago Powersports, Greenger Powersports, JackRabbit Mobility, NIU, Rawrr eMoto, and Ryvid.

EQS-News: PIERER Mobility: Deepening the cooperation with MV Agusta and CFMOTO

Retrieved on: 
Thursday, October 26, 2023
Bank statement, Motorcycle, Agusta, MV Agusta, KTM

Call option on majority stake in MV Agusta Motor S.p.A.

Key Points: 
  • Call option on majority stake in MV Agusta Motor S.p.A.
  • In November 2022, KTM AG, a subsidiary of PIERER Mobility AG, by ways of a capital increase acquired a 25.1% stake in MV Agusta Motor S.p.A., based in Varese (Italy).
  • As part of this cooperation, KTM AG took over the supply chain and purchasing for MV Agusta in October 2023.
  • As a sign of the deepening of the cooperation, CFMOTO increased its stake in the stock listed PIERER Mobility AG to 2,0% in July 2023.

Exro Announces Coil Driver™ Start of Production Backed by Purchase Orders from HB4 and Vicinity Motor Corp

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Wednesday, September 6, 2023
MV Agusta, Vicinity Motor Corp., Electronics, Agusta, Ferrari, AB, AutoNation, Research, VMC, TSA, Harley-Davidson, Kilowatt-hour, KTM, Coil, HB4, Mesa, TSX, OEM, VEV, Electric motor, Nightclub, Rail transport, Aprilia, Casalini

Initial low-voltage production and deliveries for HB4 Group will be followed by high-voltage Coil Driver™ systems production and deliveries to Canadian electric bus and commercial vehicle manufacturer, Vicinity Motor Corp for e-bus applications.

Key Points: 
  • Initial low-voltage production and deliveries for HB4 Group will be followed by high-voltage Coil Driver™ systems production and deliveries to Canadian electric bus and commercial vehicle manufacturer, Vicinity Motor Corp for e-bus applications.
  • To celebrate the start of production, Exro will host an exclusive event for public dignitaries, media, shareholders, and employees on Wednesday, September 20th.
  • The milestone is backed by purchase orders from Italian OEM supplier HB4 Group and Canadian electric bus and commercial vehicle manufacturer Vicinity Motor Corp (NASDAQ: VEV) (TSXV: VMC) ("VMC").
  • "On behalf of everyone at Exro, we are thrilled to announce the official start of production of our Coil Driver™ technology", said Exro CEO Sue Ozdemir.

EQS-News: PIERER Mobility AG: Record Result 2022 confirmed

Retrieved on: 
Tuesday, March 28, 2023
Workforce, Husqvarna, MV Agusta, Partnership, Agusta, Annual, MOST, Annual general meeting, Supervisory board, DACH, Research, EBIT, USD, EUR, KTM, Federal Executive Boards, EBITDA, Growth, Depreciation, Motorcycle, Chakan, Bajaj, Drug

The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.

Key Points: 
  • The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.
  • The operating result before depreciation and amortisation (EBITDA) of EUR 381 million is approximately EUR 50 million more than in the previous year.
  • As of December 31, 2022, the PIERER Mobility Group had a total of 6,088 employees, thereof about 5,000 in Austria.
  • Furthermore, through this cooperation, MV Agusta SpA will partly distribute its product range through the worldwide distribution network of PIERER Mobility.

EQS-News: PIERER Mobility AG: Another record year in 2022

Retrieved on: 
Thursday, February 2, 2023
World championship, MV Agusta, EBITDA, R, RTÉ Executive Board, GP, Chakan, Red Bull KTM Factory Racing, Annual, Partnership, Annual general meeting, Grand Prix motorcycle racing, Agusta, Growth, Engineering, MOST, Workforce, Research, EBIT, Supervisory board, KTM, FIM, Motorcycle, Depreciation, EUR, Bajaj, Drug, DACH, Husqvarna

The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.

Key Points: 
  • The PIERER Mobility Group increased its consolidated sales by 19.4 % to a new record of EUR 2,437 million (previous year: EUR 2,042 million) in the 2022 financial year despite severe supply chain challenges.
  • As of December 31, 2022, the PIERER Mobility Group had a total of 6,088 employees, thereof about 5,000 in Austria.
  • Furthermore, through this cooperation, MV Agusta will partly distribute its product range through the worldwide distribution network of PIERER Mobility.
  • With another 17 world championship titles in 2022, PIERER Mobility AG looks back on an outstanding year in motorsports.

EQS-News: PIERER Mobility: KTM takes over distribution of MV Agusta motorcycles in North America

Retrieved on: 
Wednesday, September 21, 2022
Engineering, KTM, Husqvarna, MV Agusta, KTM X-BOW, THE, MV, INTO, WP, EBIT, Growth, Partnership, Motor vehicle, Felt Bicycles, Motorcycle, Technology, SELL, AFRICA, Agusta, Car rental

KTM AG, a 100% subsidiary of PIERER Mobility AG, has concluded a cooperation agreement with the Italian-based motorcycle manufacturer MV Agusta.

Key Points: 
  • KTM AG, a 100% subsidiary of PIERER Mobility AG, has concluded a cooperation agreement with the Italian-based motorcycle manufacturer MV Agusta.
  • Under this agreement, KTM will take over the distribution, the promotion and customer service of the MV Agusta range of motorcycles for the markets U.S., Canada and Mexico through select KTM AG dealers as well as existing and new MV Agusta stores.
  • KTM brings to this partnership a strong market presence in North America, where it expects to exceed 100,000 units sold in 2022 with the KTM, Husqvarna and GASGAS motorcycle brands.
  • The takeover of the distribution of the MV Agusta brand complements this extensive range of premium motorcycles of the PIERER Mobility Group and provides MV Agusta with a competitive access to the North American market.