NEWS

KTM & Bajaj Close To Securing Ducati Deal

Bajaj Managing Director says that they are ‘very close to finalising a very promising alliance’.

With the rumours of a Ducati sale by the Volkswagen Audi Group reaching fever pitch a couple of months ago, and the analyst discussions of Harley-Davidson taking over the Italian brand faltering as the American marque posts yet more disappointing results, it’s all eyes to India now, as Bajaj claim to be closing in on a Ducati purchase.

Speaking with the Economic Times of India on Friday, Rajiv Bajaj, MD of Bajaj Auto seems particularly upbeat about a possible acquisition,

“We are very close to finalising a very promising alliance, it’s not certain, that it will happen, but if it happens, it will open up enormous possibilities for the company”.

Bajaj already own a large stake of 48% in motorcycle firm KTM – and since securing that deal the Austrian firm have seen a significant rise in their yearly sales volumes.

With rumours of various consortium, a possible Harley proposal and Hero Motocorp all in contention for a possible purchase of the iconic, Italian brand, it’s clear that something is happening at a VAG boardroom level.

Clothing

Reports suggest that a decision will be announced – if one is indeed to be made – within the next couple of weeks.

Source: Economic Times

H/T: Asphalt & Rubber

10 Comments

10 Comments

  1. Avatar

    Frank Hart

    July 24, 2017 at 04:39

    This I’d be ok with.

  2. Avatar

    Gee Shep

    July 24, 2017 at 05:56

    Chris Coombs

  3. Avatar

    Chris Coombs

    July 24, 2017 at 06:00

    Far out. Here we go. Think they would have been better off stayin in the audi group. Ducati seems to be up for grabs wuite a lot lately

  4. Avatar

    Chris Coombs

    July 24, 2017 at 07:00

    Yeah well not when it is gpimg to be part india owned

  5. Avatar

    Chris Coombs

    July 24, 2017 at 07:00

    Yeah well especially not when it is going to be part india owned

  6. Avatar

    Robert Campbell

    July 24, 2017 at 09:22

    Everyone laughed at Jaguar / Land-Rover when TATA announced it was taking them over in 2008. So long as it’s just an investment and they leave the expertise and assembling where it is, I don’t see the problem with this.

  7. Avatar

    MotoFire

    July 24, 2017 at 10:38

    Look at them now, it went crazy!

  8. Avatar

    Yan Tsirklin

    July 24, 2017 at 12:48

    This article is bullshit:

    “We are very close to finalising a very promising alliance, it’s not certain, that it will happen, but if it happens, it will open up enormous possibilities for the company”.

    Basically we have no idea. Fake News and Clickbait

  9. Avatar

    motofire

    July 24, 2017 at 17:19

    It’s a direct quote from the Bajaj MD. Hard to call if ‘fake news’. It’s certainly speculative on his part, but based around the fact that he knows if Bajaj have placed a bid for Ducati or not.

  10. Avatar

    Dave Lambert

    August 4, 2017 at 01:32

    I like the sound of this!

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