A privately held company (or simply a private company ) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the company's stock is offered, owned, traded or exchanged privately, also known as " over-the-counter ". Related terms are unlisted organisation , unquoted company and private equity .
71-689: Italian motorcycle manufacturer Italjet Moto SpA [REDACTED] Company type Private Industry Motorcycle manufacturing Founded 4 February 1960 ; 64 years ago ( 1960-02-04 ) in Bologna Founder Leopoldo Tartarini Headquarters Castel Guelfo di Bologna , Italy Area served Worldwide Products Motorcycles Scooters E-bike Moped Minibike Website italjet .com Italjet Moto SpA (Italjet)
142-493: A 65 cc lightweight motorcycle originally—and still regularly—called the "Guzzino," became very popular in post-war Italy. It was produced until 1954. One reason for its success was that, even though it had a somewhat bicycle-like appearance, it still looked and felt more like a motorcycle than other low-end motorized two wheelers in the Italian market at the time. The Guzzinio was so popular that on 5 June 1949 Moto Guzzi held
213-540: A certain power level the competing forces of drive-shaft arrangements can severely disrupt the suspension of a motorcycle (especially at application of throttle), a phenomenon called " shaft jacking ". Moto Guzzi introduced its first anti-jacking system with the Daytona in 1993 and evolved that design though the 2005 V11 Sport. Guzzi later introduced their CARC system, emulating the BMW Paralever design and serving
284-481: A company in the same group as Moto Guzzi, maintains a relationship with the aerodynamics program at the University of Perugia , where computer simulations combined with practical tests (done in smaller tunnels using scale models) can more effectively and economically provide accurate testing and feedback. The Ercole (Hercules), produced in 1928, was capable of carrying an 800 lb (363 kg) load. Guzzi built
355-405: A competition sponsored by the Italian government for a new police bike. The sturdy shaft-drive, air-cooled V-twin won, giving Moto Guzzi renewed competitiveness. This 1967 Moto Guzzi V7 with the original Carcano engine has been continuously developed into the 1,200 cc, 80 hp (60 kW) versions. Lino Tonti redesigned the motor for the 1971 Moto Guzzi V7 Sport. This engine is the basis of
426-532: A descendant of Tonti's V35 engine: the 750 cc V-twin, rated at 48 bhp (36 kW). With its ease of maintenance, durability and even, flat torque curve, the engine design remains suitable to everyday, real-world situations. Two other Guzzi roadsters were the Strada 750 and Strada 1000 . As Guzzi continued to develop the V-twin, power was increased in the mid-1980s when Guzzi created four-valve versions of
497-527: A four-speed (175 cc) set-up by the end of 1952. The displacement was increased to 192 cc in 1954 and electric start was added in 1961. Moto Guzzi was limited in its endeavors to penetrate the important scooter market as motorcycle popularity waned after WWII. Italian scooter competitors would not tolerate an incursion from Moto Guzzi. By innovating the first large-wheeled scooter , Guzzi competed less directly with manufacturers of small-wheeled scooters such as Piaggio (Vespa) and Lambretta . To illustrate
568-515: A motorcycle company after the war. Parodi (the son of wealthy Genovese ship-owners) would finance the venture, Ravelli (already a famous pilot and motorcycle racer) would promote the bikes with his racing prowess and Guzzi would engineer the motorcycles. Ravelli died just days after the war's end in an aircraft crash and is commemorated by the eagle's wings that form the Moto Guzzi logo . Giorgio Parodi, his brother Angelo, and Carlo Guzzi created
639-567: A number of historic racing and military motorcycles. The historic racing heritage is best epitomized in the Le Mans model range, still held today to be a styling masterpiece and motorcycle design as an art form. Through various periods of its history, Moto Guzzi has produced models specifically for military and police forces. The Italian police and military and various US police departments (e.g. LAPD ) have used Moto Guzzi bikes in their fleets. Guzzi currently markets police versions of model range –
710-741: A period of limited investment in Moto Guzzi followed attributed to DTI using Moto Guzzi financially prioritizing their automotive ventures. In November 1975 Guzzi first showed the 850 Le Mans at the Milan Show that was much later described as a "remarkably aggressive and attractive motorcycle". Today the early versions, the Series I especially, are considered one of the most iconic and collectible of all V-twin Moto Guzzis. A marketing success that would compete with other Italian superbikes, it spawned four later models from Mark II to its culmination in
781-522: A privately held silent partnership "Società Anonima Moto Guzzi" on 15 March 1921, for the purpose of (according to the original articles of incorporation) "the manufacture and the sale of motor cycles and any other activity in relation to or connected to metallurgical and mechanical industry". The company was legally based in Genoa, Italy, with its headquarters in Mandello. The very earliest motorcycles bore
SECTION 10
#1732786887501852-415: A rally for Guzzino owners at Mandello del Lario, attended by 14,000 people with 12,500 Guzzinos. A four-stroke 175 cc scooter known as the "Galletto" also sold well. Though modest cycles for the company, the lighter cycles continue to feature Guzzi's innovation and commitment to quality. The step-through Galletto initially featured a manual, foot-shifted three-speed (160 cc) configuration then later
923-424: A range of "goods vehicles", from 50 cc to 500 cc, between 1928 and 1980. Though the design criteria of a scooter have grown increasingly fluid, historically a scooter featured small wheels – especially in post-war Italy (due to huge stockpiles of landing-gear tyres for fighter planes, made redundant with the ending of the war and sold off as surplus). The configuration, along with a compact engine, allowed
994-645: A series of business cycles and a series of ownership arrangements—some complex, some brief, some that have endured. Moto Guzzi was conceived by two aircraft pilots and their mechanic serving in the Corpo Aeronautico Militare (the Italian Air Corp, CAM ) during World War I : Giorgio Parodi, Giovanni Ravelli and Carlo Guzzi. Assigned to the same Miraglia Squadron based outside Venice, the three became close, despite coming from different socio-economic backgrounds. They envisaged creating
1065-628: A state-controlled receiver, took ownership of Moto Guzzi. The SEIMM oversight saw Moto Guzzi adapting to a cultural shift away from motorcycles to automobiles. The company focused on popular lightweight mopeds including the Dingo and Trotter – and the 125 cc Stornello motorcycle. Also during the SEIMM years, Guzzi developed the 90° V twin engine, designed by Giulio Cesare Carcano, which would become iconic of Moto Guzzi. Though Moto Guzzi has employed engines of myriad configurations, none has come to symbolize
1136-458: A very small number were painted in metallic ice blue. An exceedingly small number of Series 2 bikes were white. In 1979, a small-block version of the air-cooled V-twin designed by engineer Lino Tonti was introduced as the V35. Radical when introduced, the design featured horizontally split crankcases and Heron heads . The former was a common feature of contemporary Japanese motorcycle design, whilst
1207-523: A wholly owned subsidiary, and one of seven brands owned by Piaggio Group , Europe's largest motorcycle manufacturer and the world's fourth largest motorcycle manufacturer by unit sales. The company's motorcycles are noted for their air-cooled 90° V-twin engines with a longitudinal crankshaft orientation where the engines' transverse cylinder heads project prominently on either side of the motorcycle. Similar to other storied motorcycle manufacturers that have survived for decades, Moto Guzzi has experienced
1278-581: Is an Italian motorcycle manufacturer and the oldest European manufacturer in continuous motorcycle production. Established in 1921 in Mandello del Lario , Italy, the company is noted for its historic role in Italy's motorcycling manufacture, its prominence worldwide in motorcycle racing , and industry innovations —including the first motorcycle centre stand, wind tunnel and eight-cylinder engine. Since 2004, Moto Guzzi has been an unico azionista ,
1349-4693: Is an Italian manufacturer of motorcycles , headquartered in Castel Guelfo di Bologna , Bologna , Italy. While the ideas and commercial agreements were made in 1959, the company was officially founded as Italemmezeta on 4 February 1960 in Bologna by Leopoldo Tartarini (1932–2015). Products [ edit ] [REDACTED] Italjet Dragster 180 [REDACTED] Italjet Formula 50 AC See also [ edit ] List of electric bicycle brands and manufacturers List of Italian companies List of motorcycle manufacturers References [ edit ] [REDACTED] Wikimedia Commons has media related to Italjet motorcycles . ^ "Contacts | Italjet Dragster" . italjet.com . Retrieved 2024-02-02 . ^ "History | Italjet Dragster" . italjet.com . Retrieved 2024-02-02 . v t e Major and notable Italian motorcycle marques Current Aprilia Askoll Benelli Beta Bimota Borile Cagiva Di Blasi Industriale Ducati Energica Fantic Ghezzi & Brian Gilera Garelli Italjet KRC Motors Lamborghini Magni Minarelli Mondial Moto Guzzi Moto Morini MV Agusta Paton Piaggio Polini SWM Tacita Terra Modena TM Racing Vespa Vyrus Defunct Abra (1923–1927) Accossato Aermacchi Aeromere/Capriolo Aetos Agrati (1958–1965) AIM (1974–1982) Alano (1923–1925) Alato (1923–1925) Aldbert (1953–1959) Atala Autozodiaco Bianchi Caproni Ceccato (1947–1962) Cimatti (1937–1984) CNA (1920–1934) Della Ferrera (1909–1948) Frera (1905–1936) Fusi (1932–1957) Galbusera (1934–1955) Innocenti Iso Rivolta (1953–1974) Itom (1944–1975) Lambretta Laverda (1949–2006) Malaguti Malanca (1956–1986) Morbidelli MAS (1920–1956) Maserati (motorcycle) Moretti (1925–1989) Motobi Parilla (1946–1967) Rumi Santamaria v t e Italian bicycle manufacturers Current 3T Cycling Abici ALAN Askoll Atala Basso Battaglin Cicli Benotto Bianchi Borile Bottecchia Carnielli Carrera Podium C.B.T. Italia Casati Chesini Cinelli Ciöcc Colnago Daccordi De Rosa Di Blasi Industriale Faggin Frera Gios Guerciotti Kuota Legnano MCipollini Dario Pegoretti Iride Masciaghi Moser Cicli Olmo Olympia Pinarello Rewel Bikes Somec Stelbel Tommasini Torpado Wilier Triestina Zullo Defunct AMF Gloria Chiorda Cimatti Emilio Bozzi & Co. Frejus Italvega Maffeis Maino Masi Pogliaghi Prinetti & Stucchi Romani Rossin Components 3T Cycling Ambrosio Campagnolo Cinelli Columbus DM Telai Fulcrum Wheels Gipiemme Italmanubri Marzocchi Miche Modolo Paioli Pirelli Selle Royal Vittoria Italian cycle designers Antenore Belletti Stelio Belletti Edoardo Bianchi Ottavio Bottecchia Emilio Bozzi Tullio Campagnolo Cino Cinelli Ernesto Colnago Maurizio Fondriest Francesco Moser Giuseppe Olmo Dario Pegoretti Other Biemme Castelli De Marchi Northwave Santini SMS SIDI Retrieved from " https://en.wikipedia.org/w/index.php?title=Italjet&oldid=1219204752 " Categories : Italian brands Vehicle manufacturing companies established in 1960 Italian companies established in 1960 Motorcycle manufacturers of Italy Companies based in
1420-571: Is often found in former Eastern Bloc countries to differentiate from former state-owned enterprises , but it may be used anywhere in contrast to a state-owned or a collectively owned company. In the United States , a privately held company refers to a business entity owned by private stakeholders, investors, or company founders, and its shares are not available for public purchase on stock exchanges. That contrasts with public companies, whose shares are publicly traded, which allows investing by
1491-430: Is often stated that fewer than 2,000 of these were made, Ian Falloon claims 219 were made in 1975 and a further 2,532 in 1976 although it is possible some of these were Series 2 bikes built at the end of the year. The Series 2 run totaled some 4,000 (2,548 in 1977, 1,737 in 1978). Falloon gives total Mark I production as 7,036. Series 2 used a De Tomaso-designed rectangular taillight/reflector and modified rear guard. This
SECTION 20
#17327868875011562-447: Is passed through smaller and smaller diameters reaching max wind speed in the "Test Chamber" with a diameter of 2.6 m (8.5 ft), and finally is exhausted through the "Outlet/Discharge" duct containing the fan mechanism – a three-bladed variable speed propeller driven by a 310 hp (231 kW) electric motor. Located outside of the testing chamber adjacent to the central section, a control room houses fan mechanism controls and
1633-581: Is referred to as privatization . A privately owned enterprise is one form that private property may take. In the United Kingdom, a close or closely held company is defined as a company which is controlled by either five or fewer shareholders or is controlled by shareholders who are also directors. Moto Guzzi 45°54′55″N 9°19′13″E / 45.9153669°N 9.32041°E / 45.9153669; 9.32041 Moto Guzzi ( Italian pronunciation: [ˈmɔːto ˈɡuttsi] )
1704-728: The Corporations Act 2001 requires publicly traded companies to file certain documents relating to their annual general meeting with the Australian Securities and Investments Commission (ASIC). There is a similar requirement for large proprietary companies, which are required to lodge Form 388H to the ASIC containing their financial report. In the United States, private companies are held to different accounting auditing standards than public companies, overseen by
1775-449: The 1957 season citing rising costs and falling motorcycle sales. By the time of its pull out from Grand Prix racing, Moto Guzzi had won 3,329 official races, 8 World Championships , 6 Constructor's Championships and 11 Isle of Man TT victories. The period after World War II was as difficult in Mandello del Lario as it was elsewhere in post-war Europe. The solution was production of inexpensive, lighter cycles. The 1946 "Motoleggera",
1846-568: The BRP subsidiary Rotax , Kymco reportedly making the highest offer. The Moto Guzzi assembly line closed for a short period in March 2004, due to the financial difficulties. On 30 December 2004, Piaggio Group acquired Aprilia. Moto Guzzi S.p.A. officially becomes a Unico Azionista of Piaggio, part of Immsi S.p.A. Investments have allowed the introduction of a series of competitive new models in rapid succession. In November 2007, Moto Guzzi unveiled
1917-478: The Corporations Act 2001 limits a privately held company to 50 non-employee shareholders. A privately owned enterprise is a commercial enterprise owned by private investors, shareholders or owners (usually collectively , but they can be owned by a single individual ), and is in contrast to state institutions, such as publicly owned enterprises and government agencies . Private enterprises comprise
1988-458: The Senior TT . Until the mid-1940s, the traditional horizontal four-stroke single-cylinder 500 cc engines were fitted with one overhead and one side valve but contrary to the usual practice of having inlet over exhaust (IOE), this employed the side valve for induction and the overhead valve for exhaust. Also unusual was the adoption of only one hairspring (type of valve spring) to close
2059-594: The V-twin + drive shaft arrangement that Guzzi developed more than ten years later, ultimately to become iconic of the company. By 1964, the company was in full financial crisis. Emanuele Parodi and his son Giorgio had died, Carlo Guzzi had retired to private life, and direction passed to Enrico Parodi, Giorgio's brother. Carlo Guzzi died on 3 November 1964, in Mandello, after a brief hospital stay in Davos. In February 1967, SEIMM (Società Esercizio Industrie Moto Meccaniche),
2130-599: The private company limited by shares in the United Kingdom (abbreviated Ltd ) or unlimited company and the proprietary limited company (abbreviated Pty Ltd ) or unlimited proprietary company (abbreviated Pty ) in South Africa and Australia . In India , private companies are registered by the Registrar of Companies , which is under the Ministry of Corporate Affairs . Indian private companies must contain
2201-408: The private sector of an economy. An economic system that 1) contains a large private sector where privately run businesses are the backbone of the economy, and 2) a business surplus is controlled by the owners, is referred to as capitalism . This contrasts with socialism , where the industry is owned by the state or by all of the community in common. The act of taking assets into the private sector
Italjet - Misplaced Pages Continue
2272-511: The "small block" series. Of these, the 650 and the 750 were rated at 60 bhp (45 kW) and 65 bhp (48 kW) respectively. The production of the four-valve "small block" engines ended in the later 1980s. Moto Guzzis have used a hydraulic integrated brake system, where the right front disc works off the handlebar lever, while the left front and the rear disc work off the foot brake. The cartridge front fork used in Guzzi's motorcycles of
2343-513: The 1990s, the Le Mans 1000 or Mark V. The initial model is known widely but incorrectly as the Mark I. Technically, it is simply the 850 Le Mans. It was named in homage to the 24-hour endurance race and circuit in France. The Mark I had two production runs with slight modifications. The first run, known as Series 1, used the roundish CEV stop/taillight used on many Italian bikes of the decade. Although it
2414-706: The 750 cc, 1,100 cc and 1,200 cc Guzzi engines. As is the case in any other vehicle with longitudinal crankshaft and orientation of the engine there is a slight gyroscope effect, with a slightly asymmetrical behavior in turns. After experiencing financial difficulties in the late 1960s, De Tomaso Industries Inc. (D.T.I. Group or DTI), manufacturer of the De Tomaso sports and luxury cars, owned by Argentinian industrialist Alejandro de Tomaso , purchased SEIMM (and thereby Moto Guzzi) along with Benelli and Maserati in 1973. Under Tomaso's stewardship, Moto Guzzi returned to profitability, though other reports suggest
2485-563: The Breva (all three models) most commonly, as well as the Norge, adopted by Berlin police . Since 1921, Moto Guzzi headquarters have been located in Mandello del Lario on the Lecco branch of Lake Como . The facility began at a size of 300 m (3,200 sq ft), and by the early 1950s Moto Guzzi covered 24,000 m (260,000 sq ft) with a workforce of over 1,500. As of 1999,
2556-401: The Breva 1100 in 2005. The system separates the shaft final drive's torque reaction from the suspension via floating torque arms and thereby eliminates the abruptness typical of shaft drive systems on acceleration or throttle-release – still providing a quiet, reliable and low maintenance drive system. Reviewers have observed excellent braking performance and drive train smoothness attributable to
2627-491: The CARC system. By 1928, long-distance motorcycle travel was limited by the lack of effective rear suspension design. Until then, alternative designs sacrificed torsional rigidity – gaining comfort but severely compromising handling. Carlo Guzzi and his brother Giuseppe designed an elastic frame using a sheet-steel box enclosing four springs, together with a swingarm in tubes and sheet metal. The first Moto Guzzi bike to employ
2698-534: The Metropolitan City of Bologna Scooter manufacturers Moped manufacturers Cycle manufacturers of Italy Electric cycle manufacturers Micromobility Hidden categories: Articles with short description Short description matches Wikidata Commons category link from Wikidata Private company Private companies are often less well-known than their publicly traded counterparts but still have major importance in
2769-686: The Private Company Counsel division of the Financial Accounting Standards Board . Researching private companies and private companies' financials in the United States can involve contacting the secretary of state for the U.S. state of incorporation (or for LLC or partnership, state of formation), or using specialized private company databases such as Dun & Bradstreet . Other companies, like Sageworks , provide aggregated data on privately held companies, segmented by industry code. By contrast, in
2840-502: The United Kingdom, all incorporated companies are registered centrally with Companies House . Privately held companies also sometimes have restrictions on how many shareholders they may have. For example, the U.S. Securities Exchange Act of 1934 , section 12(g), limits a privately held company, generally, to fewer than 2000 shareholders, and the U.S. Investment Company Act of 1940 , requires registration of investment companies that have more than 100 holders. In Australia, section 113 of
2911-605: The United States but not generally in the United Kingdom , the term is also extended to partnerships , sole proprietorships or business trusts . Each of those categories may have additional requirements and restrictions that may impact reporting requirements, income tax liabilities, governmental obligations, employee relations, marketing opportunities, and other business obligations and decisions. In many countries, there are forms of organization that are restricted to and are commonly used by private companies, for example,
Italjet - Misplaced Pages Continue
2982-540: The V7 850, V9 bobber. In 2019, Guzzi released the V85 TT Adventure which comes in two varieties; a streetwise version for urban commutes and road trips, and a rally-style package with a more off-road focus. Guzzis has announced the release of their first water cooled motorcycle; the 1050cc v100 Mandello. This will be an upscale sport tourer with 115 hp and 77ftlbs of torque.see moto guzzis website. Guzzi has made
3053-558: The air stream around the motorcycle itself, develop an envelope of still air around the rider, reduce frontal area, optimize air penetration, and maximize fuel economy. The wind tunnel design is a modification of the open-circuit Eiffel type (after Gustave Eiffel , designer of the Eiffel Tower in Paris), consisting of three sections. Air is drawn into the "Air Duct" with an aperture of 8.2 m (26.9 ft), airspeed increases as it
3124-414: The bike he can determine the changing and optimal resistance. A second measurement tool was an alcohol-filled micro-manometer connected to a Pitot tube placed at a 90–degree angle to the airflow in the tunnel. It is unknown to what extent the wind tunnel is used currently. The December 2005 press release for the Norge 1200 states that the bike was "thoroughly tested" in the Mandello wind tunnel. Aprilia,
3195-548: The company more than the air-cooled 90° V-twin with a longitudinal crankshaft orientation and the engine's transverse cylinder heads projecting prominently on either side of the bike. The original V-twin was designed in the early 1960s by engineer Giulio Cesare Carcano, designer of the DOHC V8 Grand Prix racer. The air-cooled, longitudinal crankshaft, transverse cylinder, pushrod V-twin began life with 700 cc displacement and 45 hp (34 kW) – designed to win
3266-481: The company's headquarters, the production facility, the historic wind tunnel, the company library, and the museum. The Moto Guzzi Museum displays models from the company's history, engines that retrace Guzzi's engineering history, and a series of important prototypes. The museum is open to the public and includes a gift shop featuring books, clothing and accessories. Moto Guzzi currently employs roughly 250 to 300 employees, making over 10,000 bikes per year. For decades,
3337-491: The complex included one, two and three story buildings of over 54,000 m (580,000 sq ft), operating at approximately 50% of production capacity. During its ownership tenure, Aprilia considered moving the entire operation to Monza , under protest from the Guzzisti and Mandello factory workers. Instead, Aprilia renovated the factory in 2004 at a cost of $ 45 million. The original Mandello site remains home to
3408-658: The danger the bike posed to the racers themselves. By 1957, there were two bikes available and no one willing to race the bike without further development and the bike was withdrawn. In 1950 Moto Guzzi created the first motorcycle wind tunnel , La Galleria del Vento , capable of testing 1:1 prototypes at the Mandello del Lario works, thereby allowing the company to market an integral fairing. The wind tunnel enabled racers to mimic real-life riding conditions and optimize their seating and body position at varying racing speeds – an unprecedented advantage for racing and production motorcycles. In motorcycle prototyping, Moto Guzzi could refine
3479-495: The delicate balance within the Italian post-war motorcycle and scooter markets, when Guzzi developed their own prototype for a small-wheeled scooter, Lambretta retaliated with a prototype for a small V-twin motorcycle threatening to directly compete on Moto Guzzi's turf. The two companies compromised: Guzzi never produced their small-wheeled scooter and Lambretta never manufactured the motorcycle. The drive train that Lambretta made in their 1953 motorcycle prototype remarkably resembles
3550-522: The exhaust valve. These were the highest performance engines Moto Guzzi sold to the general public. By contrast, the company supplied the official racing team and private racers with higher performance racing machines with varying overhead cam, multi-valve configurations and cylinder designs. In the 1950s, Moto Guzzi, along with the Italian factories of Gilera and Mondial , led the world of Grand Prix motorcycle racing . With durable and lightweight 250 cc and 350 cc bikes designed by Giulio Carcano,
3621-677: The firm dominated the middleweight classes. The factory won five consecutive 350 cc world championships between 1953 and 1957. Realizing that low weight alone might not continue to win races for the company, Carcano designed the V8 500 cc GP race bike : its engine was one of the most complex of its time. Despite leading many races and frequently posting the fastest lap time, the V8 often failed to complete races because of mechanical problems. Its development ended when Moto Guzzi (together with its main competitors Gilera and Mondial) withdrew from racing after
SECTION 50
#17327868875013692-558: The general public. In countries with public trading markets, a privately held business is generally taken to mean one whose ownership shares or interests are not publicly traded. Often, privately held companies are owned by the company founders or their families and heirs or by a small group of investors. Sometimes, employees also hold shares in private companies. Most small businesses are privately held. Subsidiaries and joint ventures of publicly traded companies (for example, General Motors ' Saturn Corporation ), unless shares in
3763-489: The immediate erosion of customer and stakeholder confidence in the event of financial duress. Further, with limited reporting requirements and shareholder expectations, private firms are afforded a greater operational flexibility by being able to focus on long-term growth rather than quarterly earnings. In addition, private company executives may steer their ships without shareholder approval, which allows them to take significant action without delays. In Australia, Part 2E of
3834-472: The later 1970s and 1980s is a Guzzi invention. Instead of containing the damping oil in the fork, it is in a cartridge. Oil in the fork is purely for lubrication. Still under the De Tomaso umbrella, in 1988, Benelli and SEIMM merged to create Guzzi Benelli Moto (G.B.M. S.p.A.). During this period, Moto Guzzi existed as an entity within the De Tomaso owned G.B.M., but in 1996 celebrated its 75th birthday and
3905-536: The latter was widely used in car engines . Both features allow more efficient mass production and also the design of the engine and associated components cut the weight from 548 lb (249 kg) of the contemporary 850 T3 to the 385 lb (175 kg) of the V35. The power of the original V35 at 35 bhp (26 kW) was competitive with engines of comparable displacement of the period – later, larger versions (V50, V65, V75) were rapidly outclassed by competing water-cooled engines. The Breva and Nevada today feature
3976-446: The measuring instruments. Outside of the chamber is a large dial "Scala Convenzionale" or "Conventional Scale" to indicate the varying degree of resistance offered by the motorcycle (and rider) to the passing air. Around the circumference of the dial, red lights at each degree provide a visual indicator to the rider and test personnel. This large scale remains visible to the rider in the tunnel during testing and by repositioning himself on
4047-549: The name G.P. (Guzzi-Parodi), though the marque quickly changed to Moto Guzzi . As the only shareholders, the Parodis wanted to shield their shipping fortunes by avoiding confusion of the name G.P. with Giorgio Parodi's initials. Carlo Guzzi initially received royalties for each motorcycle produced, holding no ownership in the company that bore his name. In 1946 Moto Guzzi formally incorporated as Moto Guzzi S.p.A. with Giorgio Parodi as chairman. Carlo Guzzi's first engine design
4118-608: The retro-themed 2008 V7 Classic at the Motorcycle and Bicycle Manufacturers show in Milan, Italy. It was available in Europe in mid-2008, and Moto Guzzi announced plans in late-2008 to make it available to US buyers. The company has begun making limited collectors' editions of Guzzi originals. Key people associated with Moto Guzzi since its launch include: Founders: Engineers: Racers: (Cardano Reattivo Compatto) : Above
4189-527: The return of its name to Moto Guzzi S.p.A. In 1996, De Tomaso became Trident Rowan Group, also known as TRG. Under the helm of Ivano Beggio , Aprilia acquired Moto Guzzi S.p.A. on 14 April 2000 for $ 65 million. According to the original press release, the intention had been that Moto Guzzi would remain headquartered in Mandello del Lario and would share Aprilia's technological, R&D capabilities and financial resources as well. The arrangement would remain short-lived, as Aprilia itself stumbled financially. At
4260-552: The rival 4-cylinder MV Agustas and Gileras. The engine and the bike were unprecedented. The motorcycle proved capable of achieving 172 mph (280 km/h)—thirty years before the speed was reached again in Grand Prix motorcycle racing. However, the Otto Cilindri proved difficult to ride, as well as complex and expensive to build and maintain—bikes suffered broken crankshafts, overheating and seizing—all in addition to
4331-688: The same function. Kawasaki introduced its Tetra-lever system for similar reasons on the Kawasaki Concours 14 (also known as the 1400 GTR). Arturo Magni (1925–2015) had sold "parallelogrammo" rear suspension kit in the early 1980s to resolve similar anti-torque issues. Moto Guzzi's Breva 750, Nevada 750, and California Vintage fall below the threshold that requires an anti-jacking drive-shaft system. The Breva 1100, Griso, Norge, Bellagio, Stelvio and 1200 Sport feature Guzzi's recently patented swingarm system, marketed as Compact Reactive Shaft Drive – also known as Ca. R.C. or CARC – introduced with
SECTION 60
#17327868875014402-635: The same time Aprilia attempted to diversify in other areas of manufacturing, new Italian laws required helmets for motorcyclists and raising insurance rates for teenage motorcyclists, severely affected the company's profitability. Nonetheless, Aprilia had committed large sums to renovating the Mandello Moto Guzzi factory – renovations that were ultimately completed. Ducati again made an offer for Moto Guzzi during Aprilia's financial difficulties, as it had before when Aprilia had purchased Moto Guzzi in 2000. Other potential buyers included Kymco and
4473-474: The scooter its trademark step-through design. With the 1950 introduction of the Galletto 160, Moto Guzzi developed a large-wheel scooter. The larger and heavier wheels afforded greater gyroscopic force and thereby greater balance. Large-wheeled scooters also reduced vulnerability to pot-holes. The Galletto not only offered larger wheels, it carried its own spare. Moto Guzzi models currently in production include
4544-637: The subsidiary itself are traded directly, have characteristics of both privately held companies and publicly traded companies. Such companies are usually subject to the same reporting requirements as privately held companies, but their assets, liabilities, and activities are also including the reports of their parent companies , as are required by the accountancy and securities industry rules relating to groups of companies. Private companies may be called corporations , limited companies , limited liability companies , unlimited companies , or other names, depending on where and how they are organized and structured. In
4615-487: The suspension was named the G.T. (for Gran Turismo, Grand Touring ), and to prove the suspension – and gain publicity for Moto Guzzi – the brothers conceived a challenging 4,000-mile (6,400 km) journey from Mandello del Lario to Capo Nord in northern Norway . Despite the very poor condition of European roads at that time, Giuseppe Guzzi reached the Arctic Circle in four weeks. The elastic frame rear suspension
4686-579: The word Private Limited at the end of their names. Privately held companies generally have fewer or less comprehensive reporting requirements and obligations for transparency , via annual reports, etc. than publicly traded companies do. For example, in the United States, privately held companies are not generally required to publish their financial statements . By not being required to disclose details about their operations and financial outlook, private companies are not forced to disclose information that may potentially be valuable to competitors and so can avoid
4757-544: The world's economy . For example, in 2008, the 441 largest private companies in the United States accounted for $ 1.8 trillion in revenues and employed 6.2 million people, according to Forbes . Separately, all non-government-owned companies are considered private enterprises . That meaning includes both publicly traded and privately held companies since their investors are individuals. Private ownership of productive assets differs from state ownership or collective ownership (as in worker-owned companies). This usage
4828-489: Was a horizontal single-cylinder engine that dominated the first 45 years of the company's history in various configurations. Through 1934, each engine bore the signature of the mechanic who built it. As originally envisioned, the company used racing to promote the brand. In the 1935 Isle of Man TT , Moto Guzzi factory rider Stanley Woods scored an impressive double victory with wins in the Lightweight TT as well as
4899-649: Was also used on the Mark II and SP models. The taillight and guard was the biggest change between Series 1 and 2 but other modifications included later inclusion of a tripmeter, black fork lowers, a more generous dual seat that replaced the split-prone original seat, exhaust pipe heel guards and inferior fuel taps. The extra cost compared to the "cooking" T3 model paid for performance items such as high-compression domed pistons, larger inlet and exhaust valves and Dell'Orto 36 mm pumper carbs with filterless grey plastic velocity stacks. Most Mk I bikes were brilliant red although
4970-448: Was conceived by Giulio Carcano, Enrico Cantoni, Umberto Todero, Ken Kavanagh and Fergus Anderson just after the 1954 Monza Grand Prix and designed by Dr. Carcano. The bore and stroke of the engine were 44.0 mm × 40.5 mm (1.73 in × 1.59 in): there were two valves per cylinder. Power was in the region of 80 bhp (60 kW) at 12,000 rpm, approximately 10 to 15 bhp (7.5–11.2 kW) more than
5041-421: Was immediately introduced to production machines, transforming the usability of the motorcycle as an everyday form of transportation. In 2006, Moto Guzzi retraced the 'raid' of 1928 to introduce the Norge 1200. The word "Norge" is Norwegian for "Norway". The Moto Guzzi Grand Prix V8, introduced in 1955, was a 500 cc racing motorcycle fitted with a V8 engine using dual overhead camshafts (DOHC). The engine
#500499