The Motor Company has been sold
Ladies and gentlemen, boys and girls…The Motor Company, Harley Davidson has left the building. With stock prices tumbling, motorcycle sales on a serious downhill slide, newly appointed CEO Keith Wandell…after collecting a nice $6,4000,000 paycheck, has, along with the pending approval of the board of directors, decided to sell the Harley Davidson Motor Company.
Originally, rumors were that ‘The Motor Company’ would become a Chinese based firm following in the footsteps of Jaguar, Volvo and Benelli. Today, it was revealed that Harley Davidson is going to Russia not China.
Russian motorcycle builder Ural, has found the funding to buy the iconic American motorcycle company for an undisclosed amount. Ural has been gaining market share for the past five years worldwide with their versions of early generation BMW motorcycles and have decided that the American V-Twin motorcycle is their next target.
We here at The MotoWorld wish the new company ‘Ural Harley’ the best of luck. It’s a good thing today is April 1st….