Within the Volkswagen group, we don't do what we want and we don't play with the family jewels. The proof with the manufacturer's supervisory board does not count for butter. He has thus just firmly opposed the announced sale of Ducati. He even warned potential buyers that they should spend their time thinking about other projects. Downright.
« We advise all allegedly interested parties not to waste any further time as the sale will not go through.“. This is clear and comes from the spokesperson for the Volkswagen group works council. The epilogue of a meeting from which it emerged that the sale of Ducati does not have the approval of a majority of the members of the supervisory board. It is the staff representatives, who occupy half of the 20 seats on the same supervisory board, who refuse to part with the Italian coat of arms.
« Anyone who has seen VW's half-year results can see it clearly: we don't need money and our subsidiaries are not there to be swallowed up by those looking for a good deal » insisted the opponents, brandishing Volkswagen's latest good financial results.
The Porsche and Piëch families, who have 52% of VW voting shares and four seats on the supervisory board, are also not in favor of a sale of Ducati. However, Volkswagen is counting on this sale to overcome the costly diesel scandal and finance its ambition to switch its range to electric propulsion...
