Volkswagen Group is preparing for the sale of their brands

Volkswagen Group is preparing for the sale of their brands

During the annual press conference in Wolfsburg the Volkswagen Group announce the forthcoming plan of the Corporation on restructuring, but the first details will be revealed at the end of 2019.

According to General Director of Volkswagen Group Herbert Diess, the manufacturer will seek to optimize their operations and increase profitability, and this means that some brands owned by the Corporation may be offered for sale in the next few years.

However, the future is safe for brands such as Porsche and Skoda, which are two of the most profitable brands of Volkswagen. While both companies rely heavily on the platform of the VW Group, and simply can not develop cars without the participation of the parent company.

According to Diess, many often underestimate how Porsche depends on the group, because about 80% of the vehicles of the German premium brand is completely built on Audi platforms. The same applies to Skoda.

If we take the statements of the company for 2017 and 2018, at risk are some non-core enterprise of the Volkswagen Group, including Scania, MAN and Ducati, which may be offered by other automakers are among the first.

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