Volkswagen considers investments to be more important than selling assets

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Volkswagen is more concentrating on its multi-billion-euro shift to electric vehicles and transportation services than any possible sale of motorbike brand name Ducati or transmissions maker Renk, its head of strategy informed Reuters. Experts and bankers have been anticipating Europe’s most significant automaker to sell properties soon to help meet the cost of its diesel […]

Volkswagen looks towards possible sale of motorbike brand Ducati

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Volkswagen is thinking about a possible sale of Italian motorbike maker Ducati as Europe’s largest automaker simplifies operations to help fund a strategic overhaul following its emissions scandal, 2 individuals knowledgeable about the matter said. Volkswagen is reining in spending throughout the group, consisting of cutting thousands of jobs at its core passenger-car brand, to […]