MILAN, Feb 5 (Reuters) - The bosses at Ducati, the Italian maker of racing motorcycles riden by world champion Nicky Hayden, have taken a 10 percent pay cut and given up their future bonuses in view of the economic crisis.
Ducati, which is owned by the Bonomi family in the city of Bologna, made the announcement after the latest industry figures showed a 38.8 percent drop in new motorcycle sales in Italy in January.
Ducati did not publish its own sales figures, but said in a statement its share of its market rose to 12.5 percent from 11.2 percent.
Ducati said the decision taken by Chief Executive Gabriele Del Torchio and other executives to take less pay was voluntary.
The announcement is the latest in a series made by companies looking to cut costs in the face of a severe economic slowdown.
Ducati has joined calls by Italian manufacturers for their government to help them through the crisis by stimulating sales.
Prime Minister Silvio Berlusconi's cabinet is expected to announce a package of incentives to encourage consumers to scrap their old cars, motorcycles and home appliances and buy new, more ecological ones.
Ducati's stock was delisted from the Milan exchange in December after being bought out by an investment vehicle of the Bonomis. (Reporting by Gilles Castonguay; Editing by Greg Mahlich)
สมัครสมาชิก:
ส่งความคิดเห็น (Atom)
ไม่มีความคิดเห็น:
แสดงความคิดเห็น