Cars in India | Autoportal.com
Select City

Rumor : Fiat to take over MV Agusta!

Snapshot: There are some speculations that Fiat could take over MV Agusta

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.

Related car news

  • MV Agusta F3 800 RC limited edition launched for Rs 19.73 lakh 22-11-2016 Autoportal Team MV Agusta F3 800 RC limited edition launched for Rs 19.73...
  • PEOTUS Donald Trump Showers Praise on Fiat and Ford 10-01-2017 Mayank PEOTUS Donald Trump Showers Praise on Fiat and Ford
  • Fiat Linea, Punto and Avventura's price slashed up to Rs 77,000 06-01-2017 Autoportal Team Fiat Linea, Punto and Avventura's price slashed up to Rs ...
  • Current Offers and Discounts on Maruti, Hyundai, Fiat & Renault Cars – December 2016 08-12-2016 Davender Soni Current Offers and Discounts on Maruti, Hyundai, Fiat & R...
  • Fiat India Kicks off Free Winter Checkup Camp 07-12-2016 Mayank Fiat India Kicks off Free Winter Checkup Camp
  • MV Agusta inaugurates its third dealership in India 22-11-2016 Autoportal Team MV Agusta inaugurates its third dealership in India


Helpline