Autocar India

Mercedes-AMG sells its MV Agusta stake

MV Agusta Holding now controls 100 percent stake in MV Agusta Motor S.p.A.
1 min read26 Jul '17
Sherman Hale Nazareth Sherman Hale Nazareth
5K+ views

MV Agusta

After purchasing the remaining 25 percent stake, acquired in 2014 by Mercedes-AMG GmbH, MV Agusta Holding will now control 100 percent of MV Agusta Motor S.p.A.’s shares.

The controlling stake of MV Agusta Holding will be held by GC Holding, the investment company of MV Agusta president, Giovanni Castiglioni, while ComSar Invest will be a minority shareholder.

Giovanni Castiglioni, president of MV Agusta, commented: "The transaction with ComSar Invest in our holding company through a capital increase and the acquisition of the shares previously held by Mercedes-AMG in MV Agusta Motor S.p.A., represents an important milestone for our plan which has the main objective of reinforcement of MV Agusta’s core business: the production of high-performance, high-end motorcycles. In the last 12 months, the implemented measures have brought MV Agusta back in positive cash-flow generation, allowing us to complete the restructuring plan and to consistently support product development and consolidation of our key markets."

2017 Triumph Tiger 1200 Explorer XCx vs rivals: Specifications comparison

With Triumph having recently launched the new 1200 Explorer, we see how it stacks up against its rivals, the Ducati Multistrada 1200 Enduro and the BMW R 1200 GS Adventure.
4 min read26 Jul '17
Sherman Hale Nazareth Sherman Hale Nazareth

2017 Benelli 302R vs Kawasaki Ninja 300: Specifications comparison

We do an on-paper comparison of the fresh-out-of-the-oven Benelli 302R versus the Kawasaki Ninja 300
4 min read26 Jul '17
Priyadarshan BawikarPriyadarshan Bawikar

Yamaha opens first scooter boutique in Chennai

This is the first in a series of planned outlets dedicated to Yamaha’s scooter range.
1 min read25 Jul '17
Autocar India News DeskAutocar India News Desk

Triumph Tiger Explorer XCx launched in India at Rs 18.75 lakh

Initially available in one trim, the full-size adventure bike rivals the Ducati Multistrada Enduro and the BMW R1200 GSA.
2 min read25 Jul '17
Rishaad ModyRishaad Mody

Triumph Tiger Explorer XCx launched in India at Rs 18.75 lakh

DSK Benelli 302R launched at Rs 3.48 lakh

Bookings for the fully faired DSK Benelli 302R opened last month.
2 min read25 Jul '17
Priyadarshan BawikarPriyadarshan Bawikar

Benelli 302R launched

Benelli 302R launched

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