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
Willie G. Davidson FXS Low Rider, and the 1977 XLCR Sportster-based cafe racer. Willie was one of the Harley-Davidson executives who joined Vaughn Beals in buying Harley-Davidson from parent company American Machine and Foundry in 1981. On March 16, 2012, it was announced that Willie G. would retire from Harley-Davidson on April 30, 2012. He is to remain involved as brand ambassador, and in Special Design Projects as Chief Styling Officer Emeritus. Willie G. Davidson William Godfrey "Willie G." Davidson (born 1933) is an American businessman and motorcycle designer, and the former senior vice president & chief styling officer of Harley-Davidson Motor Company.