Categories: AutomotiveDucatiNews
|
13 March, 2020 9:54 pm

Hero Motocorp interested in Ducati?

Share
Advertisements

When Andrea Bonani chairman of Investindustrial, the private equity group who owns Ducati, said he was interested in finding a partner (read sell the company) we felt the tremours and subsequent moaning up and down the Italian boot, with Ducatisti and not only, wanting to defend the Made in Italy trademark and one of Italy’s few ‘fiore all’occhiello’ (successful) companies.

BMW and Volkswagen were mentioned as possible buyers as was Mahindra, but now another Indian company Hero Motocorp (formerly Hero Honda) seems to be interested in acquiring Ducati, which will put Italians into another tailspin.

Advertisements

They could resignedly accept Ducati in the hands of high profile European car manufacturer, but an Indian two wheeler manufacturer, no matter how big (Hero Motorcorp holds 56% of the market share in India) will bring out the usual national protectionism in an ailing Italy that has already seen too many of their companies bought out for their technology and then slowly dismantled or moved to other countries.

Advertisements

Más leídos

A 19-year-old student dies suddenly on campus, prompting support for the community.

A 15-year-old boy was hospitalized after a stabbing on Elgin High Street, prompting police investigations.

The Met Office warns of significant snowfall and icy conditions in the coming days.

A tragic incident in Fort William leads to murder charges against a teenager.

A heartfelt appeal for support emerges following the tragic death of a beloved mother.

3t training centre leads the way in survival skills for oil and gas workers.

A strange object in the sky sparks speculation among residents and experts alike.

Local authorities tackle a shed fire in Dundas Street, Stromness.

Authorities investigate a dispute involving a customer at a local pub.

Aberdeen secures victory over Rangers in a nail-biting penalty shootout at P&J Live.

';