Volkswagen Lamborghini Spin Off
Vw plans to spin off bentley and lamborghini. Vw responded on sunday with a statement denying plans for a sale or public offering of lamborghini.
Lamborghini Value Edges Closer To Ferrari Motoring Com Au
But the german giant needs to be a little bolder.
Volkswagen lamborghini spin off. Automotive news europe reports the three italian companies could be folded into a structure wherein volkswagen could act if a decision was made to change ownership. Ferrari was made public in 2015 with an initial market value of 9 8 billion which has since. Reuters reports the volkswagen group is taking the first steps towards eventually publicly listing the italian supercar manufacturer.
Two sources familiar with the matter told reuters last month that volkswagen was drawing up plans for a potential spin off or initial public offering of the brands. Volkswagen vowg p de is drawing up plans to carve out lamborghini and has sounded out bankers and potential investors about listing the italian sports car maker on the stock market two sources. Volkswagen group executives confirmed that they are considering spinning off the automaker s premium italian brands including the supercar maker lamborghini.
As automobile pointed out in a comprehensive report on the future of volkswagen 2030 is more than a decade away but only just barely. We are working on our italian legal structure said ceo herbert diess in a presentation to analysts this week. Volkswagen s spin off strategy is starting to look a lot like sergio marchionne s at fiat.
The volkswagen group has gone on the record about potentially spinning off lamborghini ducati and italdesign. Lamborghini sián fkp 37 source. Volkswagen group taking steps to spin off lamborghini report.
Similar ipos among luxury automakers have seen mixed results. It s not quite being pushed out of the nest but volkswagen is making sure lamborghini s wings work. This past august volkswagen group indicated that there were no plans to spin off lamborghini as a publicly traded company.
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