Volkswagen Potential Spin-off (Lamborghini and Ducati) Notes
November 19, 2020 – Update
- The press is reporting that Volkswagen is considering spinning off its Lamborghini and Ducati Brands.
- This strategy would be similar to the approach Fiat Chrysler took when it spun off Ferrari (RACE) which has performed very well.
- Volkswagen mgmt and board of directors will host a 5 year outlook meeting in November which during which the company could provide additional details about the potential spin-off.
- Here’s a good Bloomberg article with some backstory on Volkswagen (spin-offs or sales have been considered for a while).
- Here’s Bloomberg’s sum-of-the-parts analysis: