Ducati Motor Holding Arrives in China
28 Abril 2005 - 2:01PM
PR Newswire (US)
Ducati Motor Holding Arrives in China BOLOGNA, Italy, April 28
/PRNewswire-FirstCall/ -- - Long-Term Partnership Agreement
Announced With Important Chinese Company on the Eve of the Grand
Prix of China Ducati Motor Holding, S.p.A.
(NYSE:DMHNYSE:BorsaNYSE:ItalianaNYSE:S.p.A:NYSE:DMH), on the eve of
motorcycle racing's first-ever grand prix in China, wishes to
announce its arrival in that market. The news was announced in
Shanghai by Federico Minoli, Chairman and CEO of Ducati, during a
meeting with the international press present at the Chinese round
of the World MotoGP championship, and in the presence of Ducati
Marlboro Team riders, Loris Capirossi and Carlos Checa, a
delegation from the Emilia-Romagna regional authorities and with
the support of Shell Advance, Ducati's technical partner in
sporting as well as production activities, and with the on-site
consultancy of 'Nuovo Mondo International'. For its arrival in
China, the Italian manufacturer, based in Borgo Panigale, Bologna,
has reached a long-term partnership agreement with Three on The
Bund, represented by Mr Handel Lee, a successful Chinese
entrepreneur in the field of large-scale retail trade, who is also
a great fan of Ducati. The marketing strategy drawn up for Ducati's
entry into this market will evolve in three precise ways. The first
regards the importation of motorbikes, accessories and spare parts
into China. This will involve the opening of two stores, one in
Beijing and the other in Shanghai, which will import Ducati bikes
directly from Italy. Prestigious, expensive, high-performance
motorbikes belong to a sector which in China is yet to take off but
it is an area that offers major potential growth. Ducati is
therefore banking on the exclusive and Italian nature of its bikes
and on the particular features of its products to enter into this
important market, following a strategy that has already been traced
by other important Italian companies, Ferrari first and foremost.
The other aspect on which Ducati is concentrating energies and
resources is clothing distribution, with an agreement that is
already in place with Three on The Bund Retail. The company has
opened up a store in Shanghai, which is achieving great success
with the sale of Ducati clothing and which has enabled the Italian
brand to spread its name in China before the arrival of its bikes.
The third strategy aspect is the development of the Ducati brand,
which will follow the history of this Italian manufacturer, that is
through racing. Ducati is the only Italian manufacturer present in
MotoGP, and it is through participation in this championship and in
this first-ever Grand Prix of China, that Ducati will organise two
riding schools in circuits, one in Beijing and one in Shanghai,
where the bikes will also be available for Chinese fans who wish to
experience all the excitement of riding the twin-cylinder Italian
machines. "In China we are certain to start off in the right way"
declared Federico Minoli, Chairman and CEO of Ducati Motor Holding.
"We are starting with racing, because all of our activities and
products are born on the track. From here we will create the riding
schools, because it is only by developing a passion for these
esoteric and special bikes that the market can then follow us."
"The passion that I have for this glorious marque" added Handel
Lee, Chairman of Three on The Bund, "is both a source of pride and
a stimulation to promote and develop Ducati's entry into the
Chinese market. I am honoured by this partnership and I am sure
that Ducati will also have a great future in this country." Carlo
Alberto del Mastro, Shell Global Motorcycle Oil Brand and
Sponsorship Manager: 'For Shell, China is a very important country
- and to be able to accompany Ducati with their first steps in to
this market is a fantastic opportunity. Just like Ducati, we test
our products on the race track and then, once they have been proven
in the toughest environment - MotoGP, we use the technology in our
production Shell Advance motorcycle oil. This means you get more
life from your bike with Shell Advance and Ducati. Founded in 1926,
Ducati builds racing-inspired motorcycles characterized by unique
engine features, innovative design, advanced engineering and
overall technical excellence. Ducati has won thirteen of the last
fifteen World Superbike Championship titles and more individual
victories than the competition put together. The Company produces
motorcycles in six market segments which vary in their technical
and design features and intended customers: Superbike, Supersport;
Monster, Sport Touring, Multistrada and Sport Classic. The
Company's motorcycles are sold in more than 60 countries worldwide,
with a primary focus in the Western European and North American
markets. For more information about the Company, please visit our
web site at http://www.ducati.com/ This press release contains
statements that are forward-looking and are subject to a number of
risks and uncertainties that could cause actual results to differ
materially from those anticipated, as described in documents
previously filed by the Company with CONSOB and with the U.S.
Securities and Exchange Commission. DATASOURCE: Ducati Motor
Holding S.p.A. CONTACT: For further information, please contact:
Fabrizio Nardi, Director, Investor Relations, Ducati Motor Holding
S.p.A. Via Cavalieri Ducati, 3, Bologna 40132, Italy, Main Tel:
+39-051-6413-111 Direct tel: +39-051-6413-213 E-mail:
Copyright
Ducati Motor (NYSE:DMH)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Ducati Motor (NYSE:DMH)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024