- Apr 28, 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.
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.
[Sources: Faster and Faster, India Automotive, Motoblog]