Harley-Davidson former owner, and had been MV Agusta's chairman since Harley-Davidson bought it in 2008. As part of the deal, Harley-Davidson put $26M into MV Agusta's accounts, essentially giving Castiglioni $26M to take the brand. In August 2009, Harley-Davidson announced plans to enter the market in India, and started selling motorcycles there in 2010. The company established a subsidiary, Harley-Davidson India, in Gurgaon, near Delhi, in 2011, and created an Indian dealer network. According to Interbrand, the value of the Harley-Davidson brand fell by 43 percent to $4.34 billion in 2009. The fall in value is believed to be connected to
Harley-Davidson producing increased hydrocarbon and nitrogen oxide. Harley-Davidson is required to buy back and destroy any super tuners which do not meet Clean Air Act requirements and spend $3 million on air pollution mitigation. Harley Davidson is the main sponsor for Vizag Victors in IPL The Milwaukee Bucks of the National Basketball Association sport a Harley Davidson sponsor patch on their jerseys. According to a recent Harley-Davidson study, in 1987 half of all Harley riders were under age 35. Now, only 15 percent of Harley buyers are under 35, and as of 2005, the median age had risen to 46.7. In