Is Fiat going the Volkswagen's way?
Last year Volkswagen bought the Italian motorcycle brand Ducati and if reports are to be believed then Fiat is planning to follow the same path. Speculation has been growing that the Italian car manufacturer could be ready to acquire MV Agusta to expand its portfolio. A report from an Italian newspaper suggests that the two manufacturers could enter into talks about a possible takeover, which could ease the financial pressure that MV Agusta is under at this point.
MV Agusta is best known for its racing success in the 1950s and 1960s. Until Japanese manufacturers took over the sport, the Italian company was one of the fastest things on two wheels, with a long list of championships in various classes. Recently, it was briefly owned by the cult bike-maker Harley-Davidson.
However, Fiat would not stand to gain much in the way of monetary benefits should it go ahead and purchase MV Agusta, so the possibility of the deal going through is still very much up in the air. Currently Fiat is the parent company to various other brands Alfa Romeo, Abarth, Chrysler, Dodge, Ferrari, Jeep, Lancia, Maserati, Ram Trucks and SRT.