Volkswagen Group could sell Lamborghini - report

The Volkswagen Group is considering selling or publicly listing Lamborghini, as it looks to consolidate its sprawling collection of brands. According to a report from Bloomberg, the Volkswagen Group wants to spend money more efficiently and stop crossover from brands under the 'group' umbrella. Part of that plan involves separating Lamborghini from the group by the end of 2020, the report says. "We shouldn’t spread ourselves too thin," Diess told the Suddeutsche Zeitung.

Comments

Popular posts from this blog

2023 Porsche Taycan GTS review

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

Renault and Nissan production delays due to global cyber attack

Ineos Grenadier gets converted into a camper with Australian-made pop-top

2024 Toyota LandCruiser 70 Series facelift spy photo

2024 Mazda 3 update due this year with technology upgrade – report

New Hyundai Venue due in 2025 – report

CarAdvice on YourMoney, 27 February 2018: What's on this week's show?

2019 World Car Awards: Finalists announced