Sunday, April 27, 2008

Tata Group to pick up stake in MV Agusta!

Ratan Tata's (left) company manufactures the world's cheapest car, the Nano. Claudio Castiglioni's (right) company makes some of the most expensive superbikes in the world. Could this be a match made in heaven...?

Indian industrial behemoth, the Tata Group, which recently bought Land Rover and Jaguar from Ford, may now be looking at picking up a stake in MV Agusta. According to reports on Motoblog and India Automotive, Ratan Tata (chairman of the Tata Group) is in talks with Claudio Castiglioni about the former picking up a stake in the financially beleaguered MV Agusta.

Due to strained finances, MV Agusta have not been able to develop new motorcycles over the last few years, and even had to backtrack on their plans to go racing in WSBK. With a cash injection from Tata, the Italian company may stand to benefit in more ways than one. And any fears of Tata ‘meddling’ with MV Agusta operations should be baseless, because the Tata Group does not have any experience with building motorcycles of any kind, and are likely to let MV do their own thing.

Stay tuned for more information on this proposed deal…

We love MV Agustas here at Faster and Faster, and if Tata picking up a stake in the company means money for new bike development, we're all for it!

Pics: Flickr

Also see:
BMW S1000RR: The HOTTEST BMW motorcycle ever!
Road test video: Bimota DB6R
Suzuki Crosscage: The first production fuel-cell motorcycle is coming...
Memorable: The Moto Guzzi 850 Le Mans
Steaming hot: MotoGP-replica GSX-R...
Face-off: 1974 MV Agusta 500 GP racer vs Ducati GP7 MotoGP machine!

External links:
Safety message for motorcyclists, from Chris Vermeulen

What's the difference between stock vs. race kit equipped Kawasaki ZX-6Rs? Find out here!

No comments: