Volkswagen Considers Sale of Ducati in Portfolio Review
Audi CEO Gernot Döllner revealed that Volkswagen is considering the sale of Italian motorcycle brand Ducati as part of a broader portfolio review. The evaluation includes assessing around 600 businesses out of Volkswagen's total operations, with no final decision yet made on Ducati’s future. Ducati has been under Audi ownership since 2012 and reported revenue of €925 million in the previous year along with an operating profit of €52 million. These figures fall short of Volkswagen CEO Oliver Blume's target for a 9% margin by 2030, prompting further evaluation. The potential sale is part of Volkswagen’s broader restructuring efforts under its Future Plan 2030, which includes plans to cut up to 100,000 jobs across the group. The company has also been streamlining operations and recently sold a majority stake in Everllence for €7.4 billion.
Topics: Audi business portfolio review Ducati restructuring Volkswagen