M&M plans to buy MV Agusta and Cagiva

Written by: Yogesh May 21st, 2008

Days after the reports emerged that Indian multi utility and tractor manufacturer, Mahindra and Mahindra was looking to buy majority stake in Kinetic Motors, they are now looking to buy majority stake in Italian motorcycle manufacture, MV Agusta and Cagiva.

While MV Agusta manufactures bikes in the 700cc to 1,100cc range, Cagiva mainly caters to lower end of the market with 125cc to 1,000cc offerings.

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