Filed under: Motorcycles, India, Tata, Rumormill
Rumormill: Tata looking to buy stake in MV Agusta
Click on the image above for pictures of the Brutale 910 R
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.
Gallery: MV Agusta Brutale 910R
[Sources: Faster and Faster, India Automotive, Motoblog]
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Reader Comments (Page 1 of 1)
Tyler Mayes 1:15PM (4/28/2008)
What aren't they looking at buying a stake in?
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Alex 1:21PM (4/28/2008)
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 1:16PM (4/28/2008)
Following Google's steps, they'r trying to gain control over the world, ehehehehhe.
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deleted 1:45PM (4/28/2008)
Next Autoblog article headline...
Tata to Buy Entire Automotive Industry
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mk 2:12PM (4/28/2008)
This just in...
Tata replaces Virtucon as Dr. Evil's shell corporation to blackmail the world for One Hundred Billion Dollars!
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Paul H. 2:21PM (4/28/2008)
Tata buys my apartment building. Developing...
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Zane 2:38PM (4/28/2008)
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...
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pmiddle5 2:39PM (4/28/2008)
"Tata's take over world"
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nagmashot 2:39PM (4/28/2008)
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
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DesiAuto 2:56PM (4/28/2008)
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.
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zachsmith47 7:56AM (4/29/2008)
where do they get all this money
are they pulling DMC and packing the glove box with coke ?
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Paul Tan 7:45AM (5/11/2008)
Proton used to own MV Agusta.
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