The company began as an offshoot of the Agusta aviation company which was formed by Count Giovanni Agusta in 1923. It had its ups and downs but become prominent in the 1990s after being purchased by Cagiva.

Nowadays MV Agusta is in a somewhat trouble with its finances. It has not been able to develop new motorcycles over the last few year. Enter Tata Group, a Mumbai based multinational conglomerate. Tata is becoming more and more prominent especially with the recent 2 billion dollar purchase of Jaguar and Land Rover. And now rumor has it they express serious interest in purchasing a stake in MV Agusta along with Volkswagen group.

Hopefully if the deal does happen it will influx more money into the financially strained MV Agusta and keep it alive and developing beautiful bikes. We shall see.

Read story here - http://www.fasterandfaster.net/2008/04/tata-group-to-pick-up-stake-in-mv.html.

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