Rumormill: Tata looking to buy stake in MV Agusta
Posted Apr 28th 2008 1:03PM by Jeremy Korzeniewski
Filed under: Motorcycles, India, Tata, Rumormill

Click on the image above for pictures of the Brutale 910 R
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.
[Sources:
Faster and Faster,
India Automotive,
Motoblog]
Tags: 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
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Reader Comments (Page 1 of 1)
Tyler Mayes @ Apr 28th 2008 1:15PM
What aren't they looking at buying a stake in?
Alex @ Apr 28th 2008 1:21PM
Seriously. I know they are an enormous conglomerate but you would think that they would focus on Jaguar/Land Rover. I mean in Jaguar they bought a company that has not used black since the sixties, and in Land Rover they bought a compny that needs to seriously figure out how to meet all the world's fuel consumption and CO2 regulations. Thats a lot of work right there.
Hamud @ Apr 28th 2008 1:16PM
Following Google's steps, they'r trying to gain control over the world, ehehehehhe.
deleted @ Apr 28th 2008 1:45PM
Next Autoblog article headline...
Tata to Buy Entire Automotive Industry
mk @ Apr 28th 2008 2:12PM
This just in...
Tata replaces Virtucon as Dr. Evil's shell corporation to blackmail the world for One Hundred Billion Dollars!
Paul H. @ Apr 28th 2008 2:21PM
Tata buys my apartment building. Developing...
Zane @ Apr 28th 2008 2:38PM
I wonder how this would affect relations between MV and Kinetic (MV's Indian importer). An Indian company importing bikes that are partially owned by another Indian firm? Hmm...
pmiddle5 @ Apr 28th 2008 2:39PM
"Tata's take over world"
nagmashot @ Apr 28th 2008 2:39PM
serious question.. what has MV Agusta done with the huge ammount of money BMW paied to MV Agusta last year for the Husqvarna bike brand? The deal was from July 2007 and MV Agusta is again out of money? Last year Claudio Castiglioni claimed they wanna spend the BMW money into new bike models... looks like the BMW money run in other italian pockets
DesiAuto @ Apr 28th 2008 2:56PM
Now I am worried. I hope they are not making a same mistake Ford made few years ago (used all its reserve to buy companies all around the world).
I do have more confidence in current genration of Indian business leaders when compared to current generation of American business leaders, but still it worries me.
zachsmith47 @ Apr 29th 2008 7:56AM
where do they get all this money
are they pulling DMC and packing the glove box with coke ?
Paul Tan @ May 11th 2008 7:45AM
Proton used to own MV Agusta.