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Author Topic: Bajaj Has 25% Stake in KTM  (Read 1429 times)
skadamo
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« on: December 15, 2008, 09:51:20 AM »

They will be acquiring more.

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Indian motorcycle manufacturer Bajaj is slowly buy surely buying up KTM motorcycles. They have recently purchase 25.86% of the Austrian motorcycle manufacturer. They already bought 14.5%, and later added shares to a total of 20.9%. Now they own 25.86%, and more will be coming.

Bajaj and KTM are already working together on several projects, and one of them is a highly efficient motorcycle to be produced in India. The KTM/Bajaj motorcycle should see the light of day around 2010. Other KTM motorcycles are to be sold in India under the Bajaj label.

http://news.motorbiker.org/blogs.nsf/dx/bajaj-slowly-buying-all-of-ktm-motorcycles.htm
« Last Edit: July 20, 2010, 05:03:13 PM by skadamo » Logged
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