Business

Ducati plans 4 new models to lure more high-end buyers

Ducati plans 4 new models to lure more high-end buyers

September 13, 2013 | 12:25 AM

Ducati 899 Panigale motorcycles, produced by Ducati Motor Holding, sit on display at the company’s headquarters in Bologna, Italy, yesterday. Ducati, owned by Volkswagen, will roll out four new motorcycles next year to attract more high-end buyers. The new bikes will be “premium products as we’re not looking for low cost and low capacity motorcycles,” chief executive officer Claudio Domenicali said in an interview at the company’s headquarters. “We are targeting a good but sustainable growth.” The new offerings from Ducati, whose bikes are owned by actors Brad Pitt and Tom Cruise, will include the 899 Panigale, which goes on sale in the US in November with a starting price of $14,995. The new 148-horsepower superbike was unveiled at the International Motor Show in Frankfurt this week.

September 13, 2013 | 12:25 AM