Reports suggest investment banking firm investigating possible options for motorcycle manufacturer sale.
Volkswagen have been in quite a bit of trouble of late, and now with the company still suffering from the diesel car emissions scandal, sources cited by Reuters suggest that the Volkswagen Audi Group [VAG] are looking to offset some of their ‘dieselgate’ losses by jettisoning the Ducati motorcycle brand.
Reuters say that VW have given investment banking firm Evercore the task of evaluating possible options with regards to the business; Ducati were acquired by VAG in 2012 for €860 million.
Ducati are reported to have made annual earnings of around €1 billion (before interest, taxes etc) which would value the brand at anywhere up to and around €1.5 billion.
The Italian manufacturer may have an appeal to businesses in China, India’s Hero Motocorp or consortiums similar to that which bought Aston Martin, Reuters say.
It’s worth noting that this is all speculation at this time, and that Ducati are performing well with regards to their own sales figures, so don’t panic and delay that SuperSport S purchase just yet.