VW has no intention to sell Ducati, exec says

#hashtags: #Volkswagen #Ducati #Rumors #Scania

Following recent reports that suggested Volkswagen would consider selling some assets, including Ducati, a member of the German auto Group dismissed such rumors around the bike brand.

Rumors have lately increased around Volkswagen’s alleged strategy to sell some of its assets in order to cover the costs of the diesel scandal. Some media reports said the German automaker would get rid of its non-core units, such as the trucking divisions MAN and Scania, MAN power engineering operations, motorcycle brand Ducati and even Lamborghini and Bugatti. However, Rupert Stadler, a board member of the Volkswagen Group, recently told British motorcycling newspaper MCN today that Ducati was not for sale.

The Italian company had a strong pace in recent years, hitting in 2015 its best ever year in terms of sales, with around 55,000 motorcycles delivered worldwide. Even if Ducati is off the table, Volkswagen’s money saving focused business plan is likely to target some of its “secondary” divisions. And MAN, whose products include ship engines, mini power plants, special gear units, propulsion components and testing systems, is allegedly at the top of the list, as it has a market value of around 4 to 5 billion euros.

In its new “Strategy 2025” long-term plan, Volkswagen said that, in order to become more cost efficient, it would look to optimize its portfolio and to realign the components business by bundling them together. Meanwhile, Volkswagen brand sales slipped by only 0,7 percent last month, helped by gains in Europe and China that offset massive drops in Americas.

Via Motor1