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Oct 31st, 2011, 12:09 pm
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#1 (permalink)
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Super Senior Poster
Join Date: Dec 2007
Location: notginrraw, AP, USA
Posts: 4,762
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Italy's economy in turmoil, could it affect Ducati?
With Greece suffering economic woes, now Italy having the same issue's but far worse as there is much more debt involved. I'm curious how this might affect Ducati or not...especially with alot riding on the new Panigale.
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Oct 31st, 2011, 6:57 pm
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#2 (permalink)
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Member
Join Date: Sep 2011
Location: Gippsland, Vic., Australia
Posts: 38
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Yeah!! was just thinking the same thing last night after reading some of the relevant statistics.
Am thinking just what spares should I think of accumulating??
Italy aside, if 2012 turns out the way many learned eco's are suggesting, the business itself will have some big hurdles to jump. Discretionary spending will then come under more pressure and Ducatis are not an essential - for most
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Oct 31st, 2011, 8:52 pm
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#3 (permalink)
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Senior Member
Join Date: Jan 2011
Location: Newport Beach, CA, USA
Posts: 379
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In a recent interview, Gabriele del Torchio said the US is the largest market, out selling Italy. He also said that 2011 will be thier best year in four years, up 18%
The outlook for Ducati will be dependent on the recovery of the US and sales inThailand and Brazil. So, it does not appear the economy of Italy will impact them as much as one might think?
Ducati Sold in the U.S., Southeast Asia Next
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'03 RoadKing-sold
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Oct 31st, 2011, 8:57 pm
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#4 (permalink)
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Senior Member
Join Date: Jan 2011
Location: Newport Beach, CA, USA
Posts: 379
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Comments toMorrow on Ducati's expansion in Thailand, first orders of the 795 were 90 units in first few weeks.
Ducati Monster roars into in Malaysia
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'12 Pikes Peak #195
'99 - 996
'03 RoadKing-sold
'00 Fatboy-sold
'57 Knuckle- sold
'89 Suzuki R400r-sold
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Oct 31st, 2011, 9:13 pm
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#5 (permalink)
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Senior Member
Join Date: Apr 2007
Location: Atlanta, GA, USA
Posts: 1,023
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Good question. I don't know about Ducati, but I've been watching some sexy Italian parts and accessories, hoping the turmoil would drive prices down in the States. So far, no dice.
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Oct 31st, 2011, 9:45 pm
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#6 (permalink)
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Senior Member
Join Date: Jul 2009
Location: Fairfield, CT, USA
Posts: 861
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One of the best possible outcomes for Ducatisti might be if the EU cracks up, Italy, Greece, Ireland, Spain and Portugal return to their original currencies. Then the lira could return at about a million percent/annum inflation, and Ducatis would be cheaper, along with the parts. The American, Oz, and other markets might grow dramatically, because of the decline of the lira. And Berlusconi will have sex with everyone in Italy.
However, this would be a catastrophe for almost everyone in the EU. China would probably reap the benefit, trade barriers would return in Europe, Germany would probably go defensive, and there would be all sorts of hell to pay. My guess, and hope, is that perhaps only Greece at most will return to the Dracma, and the EU will stave off erosion at the margins. Hard to say right now, however. Doesn't look so good.
Ron
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2005 999 s Hephaestus
2003 ST4 s ABS Senn a Petrarch
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Oct 31st, 2011, 11:29 pm
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#7 (permalink)
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Senior Member
Join Date: Jun 2007
Location: Phx, Arizona, USA
Posts: 2,407
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If the EU just keeps putting band aids on the problem it will eventually turn I t a disaster not just a crisis. Same applies here in the US too.
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07 BMW F800S
"If you can't fix it with a hammer, you've got an electrical problem."
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Nov 1st, 2011, 10:54 pm
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#8 (permalink)
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Super Senior Poster
Join Date: Dec 2007
Location: notginrraw, AP, USA
Posts: 4,762
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I'm speaking about Italy economy following Greece's debt disaster...
CTV News | Spotlight intensifies on Italy’s economic troubles
What will happen to Ducati, Italy if the country goes down the drain debt wise...will it have an effect on Ducati or not...interesting.
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Nov 1st, 2011, 11:10 pm
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#9 (permalink)
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Senior Member
Join Date: Jun 2007
Location: Phx, Arizona, USA
Posts: 2,407
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Quote:
Originally Posted by ZDM
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I was lumping it all together because the entire EU banking system is in big trouble right now because their politicians don't want to make the tough decisions to isolate Greece & Italy to some degree in order to protect the Euro. They have placed band aids on the system every 6-12 months which is kind of like propping up a dead horse that keeps starting to tip over. Eventually it will fall over all the way and you can't get it to stand. It will be interesting to see how it plays out. The shitty part is that with the world economy so tied to together if the Euro goes in the tank the dollar will also falter some. As for how that effects Ducati, who knows only time will tell. I wouldn't think it would be good for them.
On a side not there are various sources predicting the Yuan will possibly replace the dollar as the world standard within 10 years maybe with the way the Chinese economy is growing.
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MOTARD-MENACE
07 BMW F800S
"If you can't fix it with a hammer, you've got an electrical problem."
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Nov 2nd, 2011, 3:14 am
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#10 (permalink)
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Senior Member
Join Date: Jan 2008
Location: Auckland, , New Zealand
Posts: 2,337
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The debt problems in Italy are public ones not private ones. The bigger issue would be if the US doesn't recover soon or double dips. By the way the US is also massively overburdened with debt yet the US Ducati sales results are very positive.
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