“The 12 brands of the group will be grouped into three groups: in total there will be six operating units and a business area dedicated to China”, while the commercial vehicle division will be spun off and placed on the market. The said it new Volkswagen CEO Herbert Diess – who has taken the place of Matthias Muller since yesterday – during a press conference in Wolfsburg.
The news about the German giant's commercial vehicle division pushed the stock by Cnh Industrial, which in the middle of the day gained 1,9%, to 10,095 euros, achieving one of the best increases in the Ftse Mib.
“We intend to include Lamborghini in our super-premium segment,” added the manager. Currently the super-premium group includes Porsche, Bugatti and Bentley.
As for Ducati, Diess assured that "no decision has yet been made" about his future.
In general, the group is not moving towards "a revolution, if anything an evolution, because we are already on the right track - concluded the CEO - Volkswagen is facing a second phase of the reorganization and there is no reason to doubt the course that has begun . We will accelerate the pace, make the structure more agile and seek greater synergies between the various units".
