Italy Says Volkswagen Has No Plans to Sell Ducati
Italian Industry Minister Adolfo Urso confirmed Volkswagen has no current plans to sell Ducati after meeting with Audi and Ducati executives. Audi executives reassured officials that product plans will continue and no ownership changes are decided.
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Volkswagen has no current plans to sell its motorbike unit Ducati, Italy Industry Minister Adolfo Urso said on Friday afternoon following discussions with executives. The talks followed speculation regarding a potential divestment as Volkswagen's Audi division reviews its broader asset portfolio. The review comes as the Germany automaker navigates the deepest restructuring in its corporate history.
