Corrigendum: Error in reportage regarding joint venture between Kinetic Engineering and Norton Motorcycles
It was erroneously reported in the December issue of Fast Bikes India that Kinetic Engineering has acquired 51 per cent stakes in Norton Motorcycles. We would like to clarify that it was an error and that Motoroyale, which is a part of the Kinetic Group, has 51 per cent stake in the joint venture with Norton Motorcycles. To that effect, the headline of the published report is also misleading and wrong. We apologise to our readers and both Motoroyale as well as Norton Motorcycles for the error and deeply regret the inconvenience caused.
The facts of the joint venture between the two companies were correctly reported our our website and there are no errors in that report.