MV Agusta
On 7 July 2004, Proton purchased a 57.57% stake in MV Agusta S.p.A. of Italy, valued at €70 million. Proton failed to reverse the misfortunes of MV Agusta and sold the marque to Gevi S.p.A. in December 2005 for €1, with Gevi assuming the €139.44 million debt carried over from MV Agusta.