FOLLOWING MONTHS of speculation, Italian marque Moto Morini has stopped motorcycle production and closed its factory doors.
The company went into receivership just two months ago, making crafty use of a financial loophole in Italian law to stave off the company's increasing debts.
The news comes just weeks after Morini unveiled the BMW GS-styled 2010 Moto Morini Granferro 1200 at the EICMA motorcycle show in Milan.
It's expected the Morini will now look for a buyer to take on the sinking (or should that be sunk?) ship.
Visordown called Morini's Italy factory earlier today, but despite several attempts no one answered the phone for comment.
