The Volkswagen Group is reportedly weighing options for Lamborghini, including a potential sale or a stock listing. Other options being considered for the Italian brand are spinning it off into a separate legal entity, Bloomberg reports, citing sources familiar with the matter.
The moves are being considered as VW CEO Herbert Diess looks toward channeling resources towards future expansion of the group’s main VW, Porsche and Audi brands. Restructuring Lamborghini would fit with Diess’s goal to channel resources more efficiently and avoid duplicated efforts, the report adds.
The sources add that preparations to detach Lamborghini into a separate legal entity have already started, with the process to conclude possibly towards the end of next year, but Volkswagen apparently signaled over the weekend that any decision is likely a ways off and said it has no plans for a sale or IPO.
Diess has been pushing to overhaul the group since he took the helm a year and a half ago. “We shouldn’t spread ourselves too thin. That might be hard in some cases, but it’s the only viable way,” he told German publication Sueddeutsche Zeitung in an interview recently.
With Diess aiming at getting the VW group to a market value of 200 billion euros (RM922 bilion) from the 81 billion euros (RM373 billion) it has right now, analysts say it is time VW consider deep changes such as an IPO for Porsche – which is the group’s most profitable division – to unlock value.
Looking to sell your car? Sell it with Carro.
Li Shufu, please prepare your cheque book.
They are not selling it. They are listing it. Read the article again.
Perodua is cash loaded can easily becomes new big stake holder of Sapi Kini.
And downgrade the value of the Lembu brand under its ownership so that Malaysians can finally enjoy cheap cheap supercars, right? Enjoy your dream, dude.
Does anyone have VW family tree? As long as I know Porsche family owns VW, VW owns Porsche car also owns Audi, Audi owns Lamborghini
VW is the father. Audi, Porsche, Lamborghini, etc are the children.