Proton Brought MV Agusta for 70 million Euro

Wednesday, 7th July 2004

MV Agusta is a motorcycle manufacturer founded in 1945 near Milan in Cascina Costa, Italy. The company manufactured small-displacement, Café racer style motorcycles (mostly 125 to 150 cc) through the 1950s and 1960s. In the 1960s small motorcycle sales declined, and MV started producing larger displacement cycles in more limited quantities. A 250 cc, and later a 350 cc twin were produced, and a 600 cc four-cylinder evolved into a 750 cc. Heavily indebted, the manufacturer was bought by Proton for 70 million Euro (RM364 million).

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