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VW Annual Meeting No Piece Of Cake, Execs Take Heat Over China, EV Pace

VW Group was criticized over the alleged use of forced labor in China, as well as the slow EV transition and market share loss in China to BYD and Tesla. ....

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Utility Vehicles Power VW, Audi to Strong First Half

Utility Vehicles Power VW, Audi to Strong First Half
wardsauto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wardsauto.com Daily Mail and Mail on Sunday newspapers.

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Lamborghini's wild ownership history is almost as colorful as its cars

Lamborghini’s wild ownership history is almost as colorful as its cars
Hagerty
1/6/2021
© Provided by Hagerty
Tim Graham/Getty Images
The more things change, the more they stay the same. Now two decades into relatively stable ownership under the auspices of Audi AG, the future of Italy’s most famous bull stable is in question. Early in October 2020,
Reuters described a plan drawn up by corporate parent Volkswagen to list at least a substantial portion of Lamborghini’s sports car operations on the global stock market.
Research
Volvo
The notion of selling Lamborghini was a move perhaps intended to capitalize on the momentum behind the public offering of the brand’s longtime rival Ferrari, which made megabucks when Fiat Chrysler put 10 percent of the company in the hands of new shareholders. As Volkswagen Group nervously eyes the future costs of electrification, cash becomes increasingly important, and Lamborghini’s hydrocarbon-lo ....

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