14May/080
Tata to take up stake in MV Agusta
Apparently MV Agusta could have a new owner or at least a large shareholder in the form of Tata Motors, according to Italian bike magazine euroMoto. 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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