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Lamborghini and Ducati not for sale, Volkswagen confirms
News
15th Dec 2020
1 min read

Lamborghini and Ducati not for sale, Volkswagen confirms

Lamborghini and Ducati are safe for the time being. Since October 2020, industry rumours have suggested Volkswagen Group would be selling both Italian sports car brand Lamborghini and Italian sports bike brand Ducati. A media release overnight from Volkswagen Group confirmed the company would not be selling either of the two businesses. "There is agreement on the Board that Lamborghini and Ducati will remain part of the Volkswagen Group," the statement read.
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Ben Zachariah
Bugatti halts product development as rumours of VW sale intensify – UPDATE
News
7th Oct 2020
2 min read

Bugatti halts product development as rumours of VW sale intensify – UPDATE

Update, 8 October 2020: Bugatti President Stephan Winkelmann has told media outlet Bloomberg the high-performance Volkswagen subsidiary has effectively halted all product development. "We had talks about a second-model lineup," Mr Winkelmann said. "But [this is now] blocked due to the coronavirus crisis; we’re not talking about what’s coming next." Despite this, he stated the manufacturer is on track to turn a profit in 2020.
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Ben Zachariah
Bentley and Aston Martin slash jobs in response to market downturn
News
10th Jun 2020
1 min read

Bentley and Aston Martin slash jobs in response to market downturn

Job cuts continue to spread through the automotive industry as car manufacturers try to reduce costs due to a dramatic sales decline in the first half of 2020. Bentley has announced it would be slashing 1000 jobs, nearly 24 per cent of the company's workforce, as reported by news agency Reuters. The announcement came within 24 hours of Aston Martin announcing it would cut 500 jobs, more than 19 per cent of its personnel.
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Ben Zachariah
Car News Daily: Your daily download
News
14th Oct 2019
1 min read

Car News Daily: Your daily download

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Scott Collie
News
14th Oct 2019
1 min read

Car News Daily: Your daily download

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Scott Collie
Volkswagen Group plans to share new PPE platform with rivals – report
News
10th Oct 2019
2 min read

Volkswagen Group plans to share new PPE platform with rivals – report

If the Volkswagen Group has its way, its new electric platforms won’t just be proliferating throughout their own corporate range – they’ll be proliferating through rival automakers’ line-ups, too. Bloomberg reports the German giant is in discussions with other automakers to share with them its upcoming, all-electric 'PPE' platform.
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William Stopford
Bugatti mulling electric SUV - report
News
6th Aug 2019
2 min read

Bugatti mulling electric SUV - report

Not even legendary Bugatti is immune to the spread of SUVs. Automobile reports the Chiron and Divo may be getting a new companion in the form of an electric crossover. Surprised? This rumoured all-electric crossover allows Bugatti to join the ranks of Rolls-Royce, Bentley, Aston Martin, Ferrari and Lamborghini in the ultra-luxury crossover market.
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William Stopford