Edward Taylor, Arno Schuetze, Jan Schwartz
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Exclusive: Volkswagen draws up plans to carve out Lamborghini - sources

Exclusive: Volkswagen draws up plans to carve out Lamborghini - sources

By , , They said the German carmaker is looking to make Lamborghini a more independent unit within its stable of car brands and is discussing long-term supply deals, both steps which would make it easier to carry out an initial public offering (IPO).“This is a first step which gives VW the option to list the unit further down the line,” one of the sources familiar with the discussions about the future of Lamborghini told Reuters.The source said there was no formal decision to divest Lamborghini and the timetable of any deal remained unclear.A second source familiar with the talks about...

October 1, 2020
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reuters.com

reuters.com

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