Volkswagen Considers Selling Ducati in Review of Holdings (VWAGY:OTCMKTS)
38 Articles
38 Articles
In the course of the VW Group conversion, a possible sale of the motorcycle manufacturer Ducati is now on the test. For Audi CEO Gernot Döllner, however, this is only one of several strategic options.
Volkswagen May Sell Ducati to Cut Costs
German automotive group Volkswagen is exploring the sale of Italian motorcycle manufacturer Ducati as part of a broad asset portfolio review. "Ducati is among the 600 group companies involved in this process," said Audi CEO Gernot Döllner, stressing...
German car group Volkswagen is considering selling Italian motorcycle maker Ducati, part of the Audi group, as part of a major reorganisation of its portfolio. In an interview with Bloomberg, Audi CEO Gernot Döllner said this. Audi is part of the Volkswagen Group. Ducati's value could be €1.25 billion (30.2 billion kronor), according to Bloomberg.
Volkswagen is considering selling the famous Italian motorcycle manufacturer Ducati. The company is among around 600 companies and investments that Europe's largest carmaker is reviewing as part of a major restructuring. A decision has not yet been made, but a potential sale would also carry significant symbolic weight: the purchase of Ducati in 2012 was personally supported by long-time Volkswagen CEO Ferdinand Piech.
The German car group Volkswagen is considering a sale of the Italian motorcycle manufacturer Ducati. The well-known brand is currently still part of Audi, which in turn is a subsidiary of Volkswagen. Audi executive Gernot Döllner told news agency Bloomberg that a sale is being looked into.
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