Rumors of Volkswagen Group’s potential sale of Lamborghini date again to final 12 months. Then, early final month, a attainable Lamborghini spin-off was being mentioned. And now VW Group CEO Herbert Diess has formally commented on the matter. Bloomberg studies the German automotive large is getting ready all of its Italian divisions – Lamborghini, Ducati, and ItalDesign – for attainable preliminary public choices. No ultimate resolution has been made, however VW is laying the groundwork in case it decides to proceed.
“We’re, for example, bringing it right into a authorized construction the place we might act,” Diess mentioned. “It is in all probability a little bit of a slower course of,” he mentioned, however “it is on our agenda.” Fiat Chrysler Cars very efficiently spun off Ferrari again in 2016 and VW, amongst others, have been watching very fastidiously.