Tata to take up stake in MV Agusta?

In Bikes, Cars, India, International News, Rumours, Tata / By Paul Tan / 11 May 2008 11:19 pm / 14 comments

MV Agusta F4 Tamburini

Apparently MV Agusta could have a new owner or at least a large shareholder in the form of Tata Motors, according to Italian bike magazine euroMoto. MV Agusta used to be owned by Proton and was disposed of a few years ago for a sum fo 1 Euro. Since then, MV Agusta’s new owners have not been able to do much with the company, and its ails continue, lacking funds to channel towards new product development.

Source [ Translated ]

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

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