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Volkswagen eyes options for motorbike brand Ducati: Sources

Volkswagen started reaching out to potential buyers to sound out their interest

Volkswagen eyes options for motorbike brand Ducati: Sources

A Volkswagen logo is seen at a dealership in Seoul, South Korea. <b>Photo: Reuters</b>

Reuters Frankfurt

Volkswagen is considering options for its motorcycle brand Ducati as it seeks to streamline its portfolio, two people familiar with the matter said.

Europe's largest carmaker has tasked investment banking boutique Evercore with evaluating possible options including a sale of the thoroughbred brand, which VW unit Audi acquired in 2012, they added.

While Volkswagen has started reaching out to potential buyers to sound out their interest, no decision has been taken on whether the firm will be divested, they added.

Audi and Evercore declined to comment.

 

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First Published: Apr 26 2017 | 10:46 PM IST

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