CARS

Sunday, May 11, 2008

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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