MV Augusta To Get Mercedes AMG Funding |

Motorcycles

Published on September 13th, 2014 | by Daniel Sherman Fernandez

0

MV Augusta To Get Mercedes AMG Funding

mercedes-amg-mv-agusta3

There is news circulating that Mercedes AMG has agreed to purchase a minority position in motorcycle manufacturer MV Augusta. The amount of ownership is likely to be around 20% of the company. Confirmation of this will be announced at the upcoming EICMA show in Milan, Italy.

The deal shouldn’t see too much involvement from Mercedes-AMG in the affairs of MV Agusta, however the stock purchase will certainly put some much need capital in the Italian motorcycle company’s coffers.

mercedes-amg-mv-agusta1

That’s not to say that Mercedes-AMG won’t benefit as well, as the move not only helps Mercedes keep up with rivals BMW who have a strong motorcycle division and Audi who acquired Ducati and is benefiting from it since last year. This partnership will also help offset the production of the AMG-badged performance cars, under Europe’s CAFE-like corporate-wide emission standards.

Goodyear f1 650x85(DSF)


About the Author

www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑