Joined Apr 2015
6K Posts | 5K+
NJ
Bloomberg is reporting that in the wake of the emissions scandal, VW is looking to possibly start cutting costs, and non-core assets could be up on the chopping block when they start reviewing everything. Ducati is considered a non-core asset, so it has the potential to be unloaded. I don't know what kind of timeline we're looking at here, but that'd have a huge impact on their GP participation. Ducati itself isn't going to cease to exist or anything silly like that. GP participation could be problematic depending on who would buy them, and what kind of loss of funding would happen.
VW is also likely to announce plans for a portfolio review, which could lead to the sale of non-core assets, said the people. While no decisions have been made on which assets are expendable or what the time frame might be, ones that could end on that list include Ducati, the MAN Diesel & Turbo business and propulsion specialist MAN Renk, said the people. An initial public offering of the trucks business, which includes the Scania and MAN units, could also be considered down the road, one of the people said.
VW Said to Weigh Asset Sales in End to Era of Empire Building - Bloomberg