PowersportsBusiness.com
You will automatically be redirected in 10 seconds. Click here to proceed.

Social Media

Ducati signs deal with Precision Motor India

May 8, 2008
Filed under Features

Ducati Motor Holding held is joining the Indian motorcycle market, the company said in a press release May 8.

Ducati has forged a long-term partnership agreement with Precision Motor India Private Limited as the exclusive importer of Ducati motorcycles in India. Precision Motor India is an established company that represents a number of luxury brands in India including Porsche, Audi, Fendi and Dolce & Gabbana.

Ducati and Precision Motor have crafted a marketing plan that calls for gradual penetration of the Indian market. During the next few months, the two companies will develop a detailed launch strategy for this demanding new market.

“We strongly believe that the Indian fast growing market is of a strategic importance,” said Ducati CEO Gabriele Del Torchio during a press conference announcing the partnership in India. “We’ll do our best to consolidate our presence and to capitalize on the opportunities this country can offer.”

  • To return to the current issue, click here.
  • For more of the latest news, click here.

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!