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Moto Morini sold to Chinese company

Posted: 04 Oct 2018 08:25
by mbmm350s
Moto Morini sold to Chinese company Zhonggneng Vehicle Group

Press statement:

"After 2015, when my family became 100% owner of the company's share capital through Autjann, followed by the relocation of the company to Pavia - just outside Milan - our route started to develop motorcycles that meet the Euro4 standard. Immediately afterwards we started to create new models that are suitable for the current market, on which we put the Corsaro ZZ, the Corsaro ZT, the Milano and the new Scrambler on the market.In addition to this activity, we are already 3 years on working to create brand and product value to position Moto Morini with quality, engineering and prestige on the high-end motor market Now we reap the benefits of this work and transfer it to a private, Chinese industrial group that products already in Europe and is present worldwide. Mr. Chen, the president of Zhongneng Vehicle Group, has great plans to expand the company's business, which will remain on Italian soil, with plans that include both existing products and new models with different engine sizes. We are confident that we will entrust Moto Morini, personeeI, suppliers and its loyal customers to a major player, which will improve the company's growth. "