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I just saw this posted on the V-Strom forum I monitor. I can't vouch for its accuracy though.
"I have a friend in Indiana that decided to severe his relationship with Aprilia a few months ago. Looks like he did it just in time.
Too bad really, they are great machines (my opinion)
B.K.
Aprilia has stopped making bikes as it fights for financial survival. The firm must find £5 million by May 3 or be declared bankrupt.
The Italian manufacturer is £147million in debt and suppliers are now refusing to deliver parts – which explains the halt on the production line. The £5 million will simply cover interest due.
The crisis has knock-on effects for Aprilia-owned Moto Guzzi and Laverda and for Shakey Byrne’s MotoGP deal.
Aprilia says there are as many as 15 firms lining up with rescue packages."
"I have a friend in Indiana that decided to severe his relationship with Aprilia a few months ago. Looks like he did it just in time.
Too bad really, they are great machines (my opinion)
B.K.
Aprilia has stopped making bikes as it fights for financial survival. The firm must find £5 million by May 3 or be declared bankrupt.
The Italian manufacturer is £147million in debt and suppliers are now refusing to deliver parts – which explains the halt on the production line. The £5 million will simply cover interest due.
The crisis has knock-on effects for Aprilia-owned Moto Guzzi and Laverda and for Shakey Byrne’s MotoGP deal.
Aprilia says there are as many as 15 firms lining up with rescue packages."