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Don't move your Elio deposit over to the AMG MV Agusta
Originally Posted by TRobinson6
I saw where in 2019 Mercedes is releasing a motorcycle they are manufacturing. Lets hope it's not over priced and has a lot of shortcomings like the first gen Smarts do!
May be some confusion here as it appears the AMG MV Agusta was sold off in 2017?
Appears that M-B may have originally "bought in" to the motorcycle business after Audi had won the bidding war for Ducati in 2012?
From 2015, what might have been . . .
Jul 25, 2017 "After three years, Mercedes-AMG is letting MV Agusta ride off into the sunset with a new partner. Mercedes-Benz's performance division has officially sold its stake in the Italian motorcycle company.
MV Agusta announced Mercedes-AMG's 25 percent stake in the company has been bought by ComSar Invest, which is owned by Russian oil and gas magnate Timur Sardarov. Sardarov believes the purchase lays the foundation for a prosperous future and promised continued investment into the MV Agusta sales and service network, technology fields, and marketing presence to expand the Italian marque's presence.
Mercedes-AMG purchased the 25% stake in MV Agusta in 2014 after the brand's flirtation with Ducati was spoiled by Audi's 2012 purchase of that motorcycle brand.
Fast forward to 2017 and Audi's parent automaker, Volkswagen Group, is preparing to sell off Ducati after it had to dish out billions of dollars following its diesel scandal."