Mercedes’ shares have been bought out by investment fund; Giovanni Castiglioni remains in control of company.
Last week, an Italian court gave its approval to MV Agusta’s plan for financial restructuring, with new investment from the Black Ocean Group.
Urban Moto Group will take over North American business for MV Agusta.
Source says 2017 MV Agusta models will be available for sale in Canada this year, despite questions over future.
MV Agusta is also cutting workforce and production numbers to stay in business.
New capital from Black Ocean Group hoped to get company back on its feet.
Italian naked bike gets more muscular, and more high-tech.
Upgraded sport-tourer sees tweaks to engine, new suspension, and more.
Manufacturer appears in Italian court to deal with money woes.
Is this one-off going to be a harbinger of things to come?