KTM eyes BMW’s Husqvarna
First Published: 11:41 IST(31/1/2013)
Last Updated: 15:45 IST(2/2/2013)
comments powered by
Recently crowned European bike market leader KTM is in talks with German two-wheeler giant BMW Motorrad to acquire its subsidiary off-road bike company, Husqvarna. The last time Husqvarna changed hands was with BMW taking over the brand from European bike major MV Agusta, in 2008.
A possible joint venture at this stage is certain to spell good times ahead for Indian bikers. Indian two-wheeler giant Bajaj Auto owns a major stake (47.18 percent) in KTM and a tie-up is likely to result in cutting edge motorcycle technology filtering back to Indian roads.
There isn’t yet any official confirmation yet as to what stage the possible deal is at, but watch this space for updates on any further developments.
Six people, two of them teens, were shot and another person was injured at a Laundromat on Chicago's South Side on Monday evening, officials said.
Copyright © 2013 HT Media Limited. All Rights Reserved.