MV Agusta has ended its partnership with MotoRoyale in India.
MotoRoyale is a multi-brand premium motorcycle retailer in India. Brands like MV Agusta, Norton, SWM, Hyosung and F.B Mondial come under the umbrella of MotoRoyale in India.
Now MV Agusta, a premium Italian motorcycle brand has parted ways with MotoRoyale in India. This is a trickling effect of Norton Motorcycles going into administration in the UK.
As a result, MotoRoyale is offering heavy discounts on unsold stock of MV Agusta bikes in India. The recently launched MV Agusta Turismo Veloce 800 was introduced with a price tag of Rs. 18.99 lakhs but is now available for Rs. 12.99 lakhs (all prices, ex-showroom).
We can expect similar discounts on other products as well until the stock lasts. Looking at the current scenario of these premium motorcycle brands, we need to wait and watch how MotoRoyale manages to cope up in the Indian market as the sales of these brands are all-time low.
MV Agusta Discounts
– The Italian bike brand is parting ways with MotoRoyale in India
– MV Agusta bikes are selling in heavy discounts to clear the stock
– This is a trickling effect of Norton Motorcycles collapsing in UK