Showing posts with label Motorcycles. Show all posts
Showing posts with label Motorcycles. Show all posts
Thursday, June 12, 2008
Rumormill: Tata looking to buy stake in MV Agusta
Volkswagen may not be the only auto manufacturer interesting in a storied Italian motorcycle maker. Hot on the heels of its purchase of Jaguar and Land Rover, rumors are swirling that Tata may be considering purchasing a stake in MV Agusta. According to a few Indian and Italian sources, Ratan Tata, chairman of the Tata Group, is reportedly in talks with Claudio Castiglioni, the man running the show at MV Agusta.
Tata's involvement with MV Agusta could inject a unique flavor to the Indian conglomerate's portfolio, which has already been boosted by its acquisition of the two aforementioned classic British marques. A healthy injection of cash could do wonders for MV Agusta as well, considering what it has already proven capable of even in its currently meager financial position.
[ Via: Tata Autoblog ]
[ Tag: motorcycle,motorcycles,mv agusta,mv-agusta,MvAgusta,tata,tata motorcycle,tata motors,tata mv agusta,tata-motorcycle,tata-motors,tata-mv agusta,tata-mv-agusta,Tata-mvAgusta,TataMotorcycle,TataMotors,TataMvAgusta ]
Labels: India, Motorcycles, Rumormill, Tata
Posted by Lincoln at 8:20 PM
Mahindra joins Tata as interested party to purchase MV Agusta?
Tata Motors, rumored to have been interested in purchasing a large chunk of Italian motorcycle maker MV Agusta, could have some competition. Another large Indian conglomerate, Mahindra & Mahindra may now be interested in a controlling stake in the storied company. According to India Automotive, the potential exists to gain instant traction in the global motorcycle market by picking up MV Agusta, and the Italian company could use the extra funds from a large and profitable company to release a new line of more competitive machines.
Volkswagen, are you paying attention to all of this? As we've previously reported, the German automaker has expressed interest in purchasing an established motorcycle brand, even going so far as to mention Ducati by name. MV Agusta would offer instant credibility and would be a rather easy entrance into the marketplace.
[ Via: India Automotive ]
[ Tag: mahindra,mahindra and mahindra,mahindra-and-mahindra,mahindraandmahindra,mv agusta,mv-agusta,MvAgusta,tata,tata motors,tata-motors,TataMotors ]
Labels: India, Motorcycles, Rumormill, Tata
Posted by Lincoln at 10:21 AM
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