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Back|Volkswagen is considering selling Ducati as part of its reorganization
Volkswagen is considering selling Ducati as part of its reorganization
NEWS
РИА Новости·42 minutes ago·Business·1 min read·🇷🇺Russia·

Volkswagen is considering selling Ducati as part of its reorganization

Quick Look

  • The German automaker Volkswagen Group is considering the sale of motorcycle manufacturer Ducati as part of a large-scale asset restructuring.
  • The company plans to reconsider the fate of 600 of its 2,000 divisions to improve competitiveness.

AI-generated summary

Why It Matters

The Volkswagen Group is undergoing a major restructuring affecting 600 of its 2,000 controlled companies.

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BERLIN, September 8 - RIA Novosti. German automaker Volkswagen Group is considering selling motorcycle maker Ducati as part of a general review of its assets, Bloomberg reports.

"Volkswagen is considering the sale of motorcycle maker Ducati as part of a major reorganization of the German automaker's portfolio," the publication said.

It is noted that no final decisions have been made on the future of the Italian brand, but its activities are among the divisions subject to review to improve overall competitiveness.

According to experts, the proceeds from the sale could be approximately 1.25 billion euros.

In total, during the restructuring, the German concern intends to call into question the future fate of 600 companies out of 2 thousand under its management.

Open Questions

  • ?Will buyers be found for Ducati?
  • ?What other assets will be subject to review?

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This article was originally published by РИА Новости.

Quick Look

  • The German automaker Volkswagen Group is considering the sale of motorcycle manufacturer Ducati as part of a large-scale asset restructuring.
  • The company plans to reconsider the fate of 600 of its 2,000 divisions to improve competitiveness.

AI-generated summary

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Medium
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РИА Новости
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Published
42 minutes ago
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restructuring
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sale of assets

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