According to the Italian bike magazine euromoto, MV Agusta could have a new owner or at least a large shareholder in the form of Tata Motors. 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.
Sunday, May 11, 2008
Tata may take up stake in MV Agusta?
According to the Italian bike magazine euromoto, MV Agusta could have a new owner or at least a large shareholder in the form of Tata Motors. 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.
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