Volkswagen Considers Sacrificing Lamborghini With A Sell Off Or IPO To Fund EV Push

As the auto industry adapts to changing technology and new standards, automakers as we know them may undergo a rather abrupt shakeup. Volkswagen wants to be prepared—even if that means changing the way one of its most high-end brands does business.

On Friday, Bloomberg reported that Volkswagen Group CEO Herbert Diess is mulling options for the future of Lamborghini. Citing individuals familiar with the matter, Bloomberg reports Diess's options include a complete sell-off of the Lamborghini brand and an initial public offering.

Read Article

CANADIANCOMMENTS - 10/14/2019 12:22:08 PM

0 Boost

If there is an IPO for Lamborghini why not one for Bentley too? VAG could sell off every non-core asset it owns if it wants.

Dutchman - 10/14/2019 4:15:15 PM

+2 Boost

VW doesn't care about VW. The only thing the VW board cares about is continued high margins on their "other" Brands. Lamborghini, Bentley, Porsche and Audi make all the money VW needs. They don't make money selling Seat's, Skoda's or Volkswagens.

Foncool - 10/14/2019 6:21:22 PM

+1 Boost

VW’s goal is world domination of the auto industry, it is currently battling Toyota for that conquest. Wait a minute doesn’t the have a familiar ring to it? Germans and Japanese trying for world domination!

dumpsty - 10/14/2019 5:45:23 PM

+2 Boost

if Lambo has no existing or future plans for a sleek small SUV, sleek 4-door coupe, & follow-ups to the existing flagship supercars; an IPO will be pointless. investors won't be interested - even with EV plans.