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VW: After Bugatti, there is now a question mark about the future of this super luxury brand

2020-10-03T11:11:47.675Z


VW boss Herbert Diess is working flat out on the realignment of the Wolfsburg-based car maker. The group boss does not shy away from sports car icons.


VW boss Herbert Diess is working flat out on the realignment of the Wolfsburg-based car maker.

The group boss does not shy away from sports car icons.

  • Volkswagen

    is in the middle of converting it into an e-mobility provider.

  • Group boss

    Herbert Diess

    questions everything.

  • It could be tight for

    the

    super luxury

    brands to

    remain

    in the group.

Munich - In

addition to the possible sale of

Bugatti

*, the

Wolfsburg-based car maker

Volkswagen

* is

now also

examining

the options for another luxury brand.

This is reported by the Reuters news agency.

Thereafter, the group is preparing a possible spin-off of the luxury sports car brand

Lamborghini

.

Volkswagen was "in the process of making Lamborghini legally independent," the agency quoted a person familiar with the matter as saying.

VW may

want

to bring the Italian sports car maker to the stock exchange later, it said.

However, the majority wants

to keep

Volkswagen

, reports Reuters.

VW Supervisory Board discusses the future of the luxury brands group

According to Reuters, the Volkswagen supervisory board last Friday

spoke

about the future of

Bugatti in

addition to

Lamborghini

and the Italian motorcycle brand

Ducati

.

It was about the e-strategy of the two super luxury sports car manufacturers and possible partners or investors for both companies.

It's the choice you make that defines you in the eyes of the world.

Which color would you prefer on this spectacular Aventador SVJ - Verde Alceo or Rosso Mimir? #Lamborghini #AventadorSVJ #LamborghiniVersus

- Lamborghini (@Lamborghini) September 28, 2020

In the past there had been repeated reports about the future of luxury brands in the

VW

group.

A year ago, the US news agency Bloomberg reported that

VW was

examining a listing or a sale by the Italians.

Group boss

Herbert Diess

wanted to focus resources more on the core brands

VW

,

Porsche

and

Audi

, it said at the time.

A sale of

Bugatti is also being

examined, Bloomberg wrote a year ago.

VW: The company wants to sell Bugatti to Croatia, according to the report

Just a few days ago, Manager-Magazin reported that

Volkswagen was

preparing to

sell Bugatti to Croatian super sports car maker

Mate Rimac

.

The deal should be completed by the end of the year.

With prices of around one million per vehicle, Bugatti is considered the finest brand in the

VW

group.

Cristiano Ronaldo is one of

the best-known

Bugatti

fans

.

In addition to the

Bugatti Centodieci

, the

soccer star of Juventus Turin also has

a

Bugatti Veyron

and a

Bugatti Chiron

in his garage.

Lamborghini is also very popular with football stars.

Pierre-Emerick Aubameyang is one of

the avowed Lambo fans

.

In addition to a gold-colored Lamborghini Huracán Spyder, the Gabonese also has two Lambo Urus and a Lambo Aventador Roadster in his fleet.

Ex-Bayern professional

Franck Ribéry also likes

the sports brand.

The speculation about the future of luxury brands had been fueled on Wednesday.

At the virtual general meeting,

CEO

Herbert Diess

announced important decisions in the current year.

Volkswagen has to

"transform itself from a collection of valuable brands" to a digital company that reliably operates millions of networked electric vehicles.

PS cars like Lamborghini or Bugatti are unlikely to have their place in this strategy.

* Merkur.de is part of the nationwide Ippen Digital editorial network.

Source: merkur

All news articles on 2020-10-03

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