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RideApart
RideApart
Sport
Jonathon Klein

VW Doesn't Deny It's Looking To Sell Ducati In Official Statement

A few days ago, a report by The Financial Times indicated that Volkswagen's executives were being advised by its own financial advisors, as well as outside advisers, to sell off arms of the brand's worldwide business, including that of motorcycle maker Ducati.

The report comes on the heels of CEO Oliver Blume stating that he intended to lay off over 100,000 employees of the company's 600,000-plus-person workforce. Moreover, VW recently sold off the brand's marine engine manufacturer and Bugatti, both of which were seen as successful transactions for the beleaguered company.

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