Which company announced the acquisition of the UKs most iconic sporting motorcycle Norton for textsterling 16 million, by acquiring certain assets of Norton Motorcycles?

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which company announced the acquisition of the UK’s most iconic sporting motorcycle Norton for £16 million, by acquiring certain assets of Norton Motorcycles?

A	Tata Motors Limited
B	Maruti Suzuki India Limited
C	TVS Motor Company
D	Ashok Leyland

Explanation:

Detailed explanation-1: -TVS Motor Company is excited to announce an investment of £100 million in Norton Motorcycles, the iconic British brand we had acquired in 2020.

Detailed explanation-2: -James Lansdowne Norton, affectionately known as ‘Pa’, founded Norton in 1898 as a manufacturer of fittings and parts for the two-wheel trade. Little did he know what that simple business would go on to become.

Detailed explanation-3: -With fresh investments, TVS is aiming to help Norton to work on electric vehicles besides providing an opportunity to upgrade technology and manufacturing capabilities.

Detailed explanation-4: -Since being acquired by the Symantec Corporation in 1990, Norton offers a variety of products and services related to digital security, identity protection, and online privacy. In 2014, Norton’s parent company Symantec separated their business into two units.

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