SHARE THIS ARTICLE

Volkswagen said that it has no plans for a sale or an initial public offering of luxury brand Lamborghini, after Bloomberg reported that it was considering shedding the unit.

Bloomberg reported here on Friday that Volkswagen was readying to fold Lamborghini into a separate legal entity, in a process that may wind up toward the end of next year, and to focus VW's future expansion on the group’s main global brands Volkswagen, Porsche and Audi.



Read Article


Volkswagen Fights Back - Now Says It Has No Plans To Sell Supercar Maker

About the Author

Agent009

User Comments

MDarringer
CANADIANCOMMENTS
Foncool

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]