MV Agusta Clears The Air About Financial Issues

Enters framework to address “temporary financial imbalance” Earlier this week, reports emerged that MV Agusta had halted motorcycle production due to a lack of funding and disappointing sales. According to various reports, MV Agusta held discussions with CFMOTO that would see the Chinese brand acquiring a 49% stake in the Italian company. Those negotiations went nowhere, putting further financial pressure on MV Agusta, as it worked to re-establish itself following its separation from KTM. To add