KTM eyes BMW’s Husqvarna
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.
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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.
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