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Ducati CEO Claudio Domenicali has told his workers that the sale of the company by Volkswagen has now officially been halted. It’s the latest development in an ongoing saga that started in December 2015. Bloomberg Markets has now quoted Bologna union boss Bruno Papignani as saying Claudio told factory workers on Friday that the VW …
Royal Enfield has increased its bid to buy Ducati to a reported €1.8 billion despite the Volkswagen board hung on a decision to sell the Italian motorcycle company. Indian automotive company Eicher Motors, who own Royal Enfield, have always been interested in buying the company since calls of interest were invited in April. However, they …
The sale of Ducati is reported to have been quashed by the Volkswagen supervisory board which has a majority of worker representatives. It is believed that the sale was quashed because money is no longer needed to pay “dieselgate” compensation after VW Group’s posted a half-year operating profit of €8.9 billion, up 19%. The sale …
Private equity firms, known for stripping assets, and Indian motorcycle manufacturers are interested buyers for Ducati, according to respected economic source Bloomberg. In April, Volkswagen was reported to be looking for buyers for Ducati to help pay off its multi-billion-dollar costs of the 2015 emissions scandal. This month, the Times of India reported that Ducati …
Volkswagen is reported to be looking for buyers for Ducati to help pay off its multi-billion-dollar costs of the 2015 emissions scandal. So far news agencies such as Reuters are only quoting “two people familiar with the matter”, which doesn’t sound very authoritative. And they say they are only testing the waters for interest and …
Ducati might soon be powering small VW 4-wheelers. It is believed Ducati’s 143kW 1199 Panigale engine will be installed in VW’s XL1 plug-in hybrid supercar (right). The two-seater concept currently has a small 800cc diesel engine and electric motor. Since Audi bought Ducati last year for $1.2b there have been many rumours about how the …