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 Evolution engine until 1988 and is still made in the and displacements for the Harley-Davidson Sportster, replacing the ironhead Sportster engine. Most analysts consider the Evolution to be the engine that saved the reorganized Harley-Davidson company from certain bankruptcy. Harley-Davidson's official name for the engine was likely related to the company's attempt to reform its image following the 1981 management buyout from previous owner American Machine and Foundry (AMF). Both the heads and cylinders of the Evolution engine are made from aluminum to reduce weight compared to a cast iron design. Air cooling efficiency is improved as aluminum is a superior thermal