A dark shadow looms over the head of Volkswagen with regards to the recent emission scandal, dubbed “Dieselgate”, that has weakened the auto giant’s legs. While the resolution for the company is yet hanging in the hands of the U.S. emmissions laws, the company is anticipated to pay up humongous ammounts in fines, for which the company might soon need to start selling some of their premium brands in lieu of gaining more liquidity.
In the middle of these talks, the brands in focus according to many business and financial media sites are Italians Lamborghini and Ducati which the company might have to soon let go. In the last couple of decades, Volkswagen Group has gathered some impressive marques under its umbrella that include Bentley, Bugatti, Lamborghini, Audi, Porsche, SEAT, Skoda and Volkswagen for cars, while acquiring Italian Ducati as the Group’s premium motorcycle offering in 2012.
To save the company from bankruptcy and adding liquid assets to clear out the massive fines, lawsuits and recalls that will soon come the company’s way, the company might start selling their non-core assets, like Ducati. This would certainly affect the research and development, plus expansion efforts of the Italian motorcycle maker if it exits the cash-rich umbrella of Volkswagen group.
Source: Clutch and Chrome