The five-year plan also aims to reach sales volume of more than 25,000 motorcycles with “strong investment in the global distribution network, focused primarily on Europe, Asia and the USA” over the next three years.
There is no mention of a plan to fix notoriously slow parts deliveries.
Massimo Bordi, 62, who developed the four-valve Desmo engine that made Ducati famous and designed and engineered the Ducati 851, moves from GM to executive vice-chairman.
“Over the next five years, MV Agusta’s attention will be focused on developing the sales and service network, while investing in product development and maintaining its efforts in digitalisation and technological innovation,” says Timur.
“We are committed to deliver the best products and continue to be a benchmark in motorcycle industry in quality, design and technology. Finally MV Agusta has all the tools to do so.”