Bajaj Auto's Austrian partner firm KTM Auto announced that it would acquire 100% of BMW's off-road niche motorcycle brand Husqvarna. The acquisition would be made by KTM Auto's parent firm Pierer Industrie AG. The development would come as a big boost to the country's second largest two-wheeler manufacturer Bajaj Auto.
first published: Jan 31, 2013 10:26 pm
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